Welcome at the One Million Journey net worth page. My main lifetime financial goal is to reach a one million Euros investment portfolio. The net worth includes cash that I have available to keep as an emergency fund or to invest in my portfolio, plus inherited real estate properties.
As you probably now, net worth is calculated as Assets minus Liabilities. In my case I have no liabilities, so it turns easier for me: Assets = Net Worth
- Last Update: 24/03/2019
- Value: 400,175 €
- Comments to last update – HERE
- Investment portfolio / Goal Progress – HERE
Net Worth Balance Sheet
* Self-assessed, compared with similar sized properties in the area
Net Worth Distribution Chart
- Real Estate: 284,197 €
- Investments: 71,817 €
- Cash: 37,761 € – covers 2 years of 1500€/month expenses
- Others (car): 6400 €
Liquid / Illiquid Assets Chart
- Liquid: 69,916 €
- Illiquid: 323,859 €
MY PROGRESS TOWARDS ONE MILLION
THE DONATION MILESTONE
Why are people/humans so competitive?
"When you get out of the competitive mind you will understand that you never need to act hastily. No one else is going to beat you to the thing you want to do; there's enough for all" - The science of getting rich-
Warren Buffet's rule number one: Don't lose your money.
The best crowdinvesting advice in town: ⏬⏬
Don't lose your capital!
Even with a 18% return it won't be enough if you'll lose all of your capital within the next four years.
So, when you invest, think not the short term, think at least 5 years ahead.
Think: "how can I lose my capital in this"
"Some people remain in poverty because they are ignorant of the fact that there's wealth for them; and these can be best taught by showing them the way to affluence in your own person and practice" - The science of getting rich, Wallace D. Wattles.