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: 07/2022 (updated quarterly)
- Value: €521,496 -2.7% since Q1 2022
- Investment portfolio / Goal Progress – HERE
One Million Journey Net Worth Evolution
Net Worth Track Record
- Second Quarter 2022 – €521,496
- First Quarter 2022 – €535,729
- Fourth Quarter 2021 – €515,721
- Third Quarter 2021 – €501,826 (Half a millionaire, YAY!)
- 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 54.6%
53.2% 52.3% 53.9% 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 fiancée (we were back in the UK in March 2022). We own an industrial warehouse that is rented out to a printing house company and adds €1,135/month of gross passive income to our pockets. I reinvest the net value of it in global equity funds, dividend stocks, or alternative investments. The value of our warehouse is self-assessed, so that could turn out to be an inaccurate asset value.
My investment portfolio makes up 35.8%
36.9% 31.5% 30.7% 29.8% 25.6% 25% 24.4% 24.3% 24% 23 of my total assets. The 10.9% 9.93% 8.55% 12.2% 12.9% 13.7% 22% 24% 34% 42% 47% 55% of it is invested in alternative investments assets like P2P/B lending, Real Estate Crowdfunding or Crypto. Ideally, I would like to reduce my exposure to this asset down to 10%. (managed!) My investment portfolio provides me with an average of €159/month 100 85 100 310 373 414 416 400 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 28.9%
30% 29.5% 24% 21.8% 16.6% 14.6% 14% 12% 7.6% 7% 5.4% of my total assets. I normally contribute between €1000–€3000 a month to purchase global equities or dividend stocks.
Bonds make up 3.1%
3.3% 3.6% 3% 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 8.6%
9.8% 10.6% 14.3% 10.2% 9.4% 9% 8.8% 8% 7.4% 6.7% of my total assets. Most of this cash will be used as a down payment for a house. It is kept in an easy-access saving account, paying a 1.5% interest. I converted some Euros to Pounds during Q2-2022 when rates were 1.18 – 1.19. Rates have now decreased to 1.16, so I lost some cash value there, as I count my numbers in Euros :(.
Others (car) make 0.78%
0% 0.8% 1% 1.2% 1.4% 1.5% 1.6% of my total assets. Being back in the UK meant I needed a new car (unfortunately). As I’ve now relocated to a city instead of a town, I needed something a bit more reliable than my previous Fordkari, so I spent a bit more (£3,500) to buy a super Seat Leon with a 1.2L petrol engine. I feel now like the Dominik Toreto of Livepool! 😉
Here’s a chart showing the asset allocation of my net worth:
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NET WORTH GOAL
PORTFOLIO GOAL (Dream)
FINANCIAL TOOLS I USE
Real Estate Investing Platforms
11.2%* Development Loans on EstateGuru
(0.5% bonus on investments during first 90 days)
14.8%* Loans and Rental on Reinvest24
(Earn €10 bonus)
Zero Commission Stock Investment Apps
(free share worth up to €/£100, UK and EU)
(free share worth up to £200, UK)
Index Funds Investing Accounts
(no management fee for 1 year, Spain)
(if subscribed to the blog, request your discount code by email to get it for FREE)