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 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 this post.
- Last Update: 12/07/2020 (updated quarterly)
- Value: 413,440€ +0.6% since Q1 2020
- Investment portfolio / Goal Progress – HERE
Net Worth Balance Sheet History
First Quarter 2020 – 410,907 € Q1 2020 Net Worth Balance Sheet
Fourth Quarter 2019 – 443,865 € Q4 2019 Net Worth Balance Sheet
Third Quarter 2019 – 434,880 € Q3 2019 Net Worth Balance Sheet
Second Quarter 2019 – 410,460 € Q2 2019 Net Worth Balance Sheet
First Quarter 2019 – 400,175 € Read Blog Post Update
Q2 2020 Net Worth Balance Sheet
* Self-assessed, compared with similar-sized properties in the area
Net Worth Distribution
Real Estate makes up 65.1%
65.4% 67% 68% 71% of my total assets. I have no plans to own more, for now, but plan to buy a house to raise a family when settled. The industrial warehouse is rented out to a printing house company an adds a little over 1000€/month of gross passive income. My mum enjoys most of it, so I don’t count it as a passive income but as an occasional or gift income.
My investment portfolio makes up 24.4%
24.3% 24% 23 of my total assets. The 24% 34% 42% 42% 47% 55% of it is invested in alternative investments assets like P2P/B lending and Real Estate Crowdfunding. I have reduced my exposure during Q2 2020, withdrawing interests and principal payments out of most platforms since Envestio scam. I wrote-off my investments with Grupeer, although there is still a chance to recover some capital. My investment portfolio provides me with a TTM average of 373 414 416 400 EUR/month of passive income. In Q2 2020 I took the decision to start shifting my investment strategy towards global index accumulators. funds. I explain why here.
Stocks make up 14%
12% 7.6% 7% 5.4% of my total assets. In Q2 2020 I took the decision to start shifting my investment strategy towards global index accumulators. funds. I explain why here. I currently contribute at least £600 a month.
Bonds make up 4.3%
3.3% of my total assets. During Q2 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 9%
8.8% 8% 7.4% 6.7% of my total assets. Our settling status remains unclear — and now more than ever with current unprecedented outlook. However, we keep a close eye to the property market in the UK.
Others (car) make 1.4%
1.5% 1.6% of my total assets. None of my cars has suffered any damaged and work just fine. In 2019, I bought a *SUPER* Fordkari, which is not as attractive as a Ferrari but it does a good job of moving myself around for a few bucks. Just make sure you check it out! 😉
Liquid / Illiquid Assets Chart
- Liquid: 108K
97K€ 94K€ 88K€ 74K€
- Illiquid: 305K
312K€ 346K€ 338K€ 335K€