Wednesday, February 3, 2010

Cycle #16 - $325.68

Update: Yes, I’m still at the post, working my project. Other elements in my life have been priorities the last two weeks, but I’m still at my task.

Review: The “Double Up” adventure is my effort to double $.01 as many times as I can in the year 2010. I hope to run as many as 25 “cycles” which would produce more than $100,000 – about what I need this year over and above my salary to meet additional living expenses.

Results: I’ve now completed 16 cycles or “doublings” of my first $.01. This last feat was completed when I got an unexpected check for wedding I did for a family member. I wasn’t expecting to be paid. In fact, I told them specifically that I wanted to make my involvement a gift to them. To no avail: they passed along a $250 check, $162.84 of which I can allocate as the completion of cycle #16.

Next: I’m looking for an additional $325.68 for a total of $651.36

FYI: I’ve made an investment of $295 of my existing $325.68. I believe this calculated risk will serve me well in the future, as I begin to double higher numbers… I’ll tell you more as things develop…

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