When you start the most important thing is to have a good liquidity cushion. You sleep better when you know you have enough money to deal with the unexpected.
These last few days it has gotten a little out of hand again. I mean investing in short and long-term products. After making three new shipments to CGC, I have more than 700 letters pending graduation. If I do the numbers it could be more than 70,000 euros pending to receive in value of letters within the next 10-18 months. Today I send about 100 more letters.
If things continue as prices are evolving right now, it could also be more (at the level of the value of cards when you receive them). Do not be fooled because there is also the possibility of a bubble so the value could be lower. It is a medium and long-term investment where I would be very surprised to lose money.
Seeing the evolution of the bank account I have decided that it is a good time to stop and allow a small mattress to grow. I am clear that it goes against the idea of ”investing to the fullest” for this Christmas but sleeping more peacefully is also worth a lot. As long as things continue as things are evolving right now, there is no doubt that everything will work out.
After the move I also have to put order in the new warehouse although I do not know yet if it really deserves this name anymore. Right now it’s just three new shelves with lots of unopened boxes inside. I have to buy new ones because I still have a lot of boxes left that haven’t found a hole yet.
Right now the billing in Amazon has gone down. The 100k that I had marked as a goal will not be possible because we will not be able to replicate the effect of Easter. The new goal is 70k that right now, honestly, we are still too big.
Let’s see how things go. I will tell you.