Net Worth Progression: December
After the passing of each month we will look at my net worth, it will consist of all my investments, long and short term savings and diversified items I possess. Without further a do let’s get straight into it.
This month my net worth went down slighty, it’s very easy to explain and even quite positive. The markets were volatile and erased around €2.000 of my net worth. This gave me the opportunity to buy my monthly ETF’s at a substantial discount and it will make sure that my asset worth is below €30.000 on 1 January. In The Netherlands the government checks if you have enough cash/investments to tax you an extra bit of money and the moment they check this is always on the first day of the new year. This means I will have to pay less tax for the entire year, even if my worth goes over the limit on the second day of January.
I also had to pay around €1.200 for my healthcare insurance for 2019, I decided to pay it for the entire year immediatly as it saved me €50 and as explained above, it saves me a bit of owed tax.
The reported €33.470,32 is a loss of €2.130,33 compared to November and it is divided as follows:
- Stocks/bonds: €16.172,51
- ETF’s: €8.709,25
- Long term savings: €1000
- Short term savings: €1.405,27
- CrowdEstate: €500
- ZonnePanelenDelen: €500
- FundingCircle: €733,29
- Diversified possessions: €4.450
For more information about my crowdfunding investments visit my ‘Other Investments’ page.
Throughout the year I track my passive income and also divide it by 365 days to see what I’ve passively earned each day. The number per day came down to €2,78, for a total of €1.015,30, this represents a 134,53% increase from 2017.
Make sure to check back in January to see how the first month of 2019 has treated my net worth!