Welcome to 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 know, net worth is calculated as Assets minus Liabilities. In my case, I have no liabilities, so it turns easier for me: Assets = Net Worth
If interested, you can read and learn more about the basics of net worth and how it is calculated in Investopedia.
- Last Update: 07/2021 (updated quarterly)
- Value: 495,480 € +5.0 % since Q1 2021
- Investment portfolio / Goal Progress – HERE
One Million Journey Net Worth Evolution
Net Worth Track Record
- Second Quarter 2021 – €495,480
- First Quarter 2021 – €471,839
- Fourth Quarter 2020 – €449,049
- Third Quarter 2020 – €423,779
- Second Quarter 2020 – €413,440
- First Quarter 2020 – €410,907
- Fourth Quarter 2019 – €443,865
- Third Quarter 2019 – €434,880
- Second Quarter 2019 – €410,460
- First Quarter 2019 – €400,175 Blog Post Update
Q2 2021 Net Worth Overview
Net Worth Distribution
Real Estate makes up 57.6%
55.6% 56.9% 64% 65.1% 65.4% 67% 68% 71% of my total assets. All real estate assets are located in Spain, where I temporarily reside with my partner. The industrial warehouse is rented out to a printing house company and adds a little over €1,000/month of gross passive income to my pocket. I reinvest most of it in global equity funds, dividend stocks or alternative investments.
My investment portfolio makes up 30.7%
29.8% 25.6% 25% 24.4% 24.3% 24% 23 of my total assets. The 12.9% 13.7% 22% 24% 34% 42% 47% 55% of it is invested in alternative investments assets like P2P/B lending and Real Estate Crowdfunding. Ideally, I would like to reduce my exposure to this asset down to 10%. My investment portfolio provides me with a TTM average of 100 €/month 310 €/m 373 414 416 400 of passive income. In Q2 2020 I took the decision to start shifting my investment strategy towards global funds accumulators. This decision has a direct impact on my passive income stream. I explained my reasoning here.
Stocks make up 24%
21.8% 16.6% 14.6% 14% 12% 7.6% 7% 5.4% of my total assets. I currently contribute at least £1000 a month to my SIPP and £500-1000 to purchase global equities or dividend stocks.
Bonds make up 3.4%
3.7% 4% 4.3% 3.3% of my total assets. During Q2 2020 I sold all my corporate bonds to purchase a global bond accumulator instead. I explained this a bit further in my April portfolio update.
Cash makes up 10.2%
9.4% 9% 8.8% 8% 7.4% 6.7% of my total assets. “Unfortunately”, due to our personal situation, we think it is prudent to keep a good amount of cash in the bank, despite the value depreciation it may suffer from inflation.
Others (car) make 0.8%
1% 1.2% 1.4% 1.5% 1.6% of my total assets. Collecting depreciating assets are not part of my millionaire plan, so I am trying to keep this percentage as low as possible.