Networth

NetWorth

How our Networth looks like! Are we closer to FI? Our current goal is 480 000 €.

As of September 2019 our Networth value is 395 847.37

Assets:

Investment accounts

  • ETFs Portfolio: 21 950.80 €
  • Retirement Accounts (aka PPR): 14 539.85 €
  • Certificates Deposit + Emergency Fund: 126 592.40 €
  • P2P Portfolio: 10 881.56 €
  • Total Investment accounts: 178 969.41€

Real Estate (Based on Market Values)

  • Primary Residency: 300 000 €
  • Farms: 70 000 €
  • Total Real Estate: 370 000€

Cars

  • Mr.Firecracker Car: 20 000 €
  • Mrs.Firecracker Car: 18 000 €
  • Scooter: 1 500 €
  • Total Cars: 39 500€

Total Assets: 588 469.41 €

Liabilities:

  • Primary Residency: 192 622.04 €

Total Liabilities: 192 622.04 €

A few disclaimers:

  • We will need at somepoint to exclude a primary residency for the achievable goal. We want that our primary residency will be the farm which currently has 2 houses but those need some repairs ~10k. – Possibly more since we want to increase the number of rooms.
  • I will be selling the rental apartment soon. The value was marketed too high at 325k and i’ve now lowered it to 315k. I believe i will be able to sell if for 310k 305k which means 290k 285k net (less realtor comission). The purpose is to take advantage of the high market in Lisbon city center and sell high.
  • We currently need to have 2 cars 🙁
  • We will be shifting more towards our ETF portfolio from now on. This is where we want to have a big stake. – on hold due to tax clarifications
  • We have a high exposure to Real Estate. – Reduced

Monthly Financial Statements

02/2020 – Networth update

01/2020 – Networth update 

12/2019 – Networth update

11/2019 – Networth update / Monthly update

10/2019 – Networth update / Monthly update

09/2019 – Networth update / Monthly update

08/2019 – Networth update / Monthly update