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.

Net Worth Progression for December 2018.

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.

Total passive income for the years 2016, 2017 and 2018.

Make sure to check back in January to see how the first month of 2019 has treated my net worth!

Happy investing!

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8 Comments

  1. Pretty sure most buy & hold portfolio’s didn’t have a great december on the asset value side. I did manage to pick up some additional ‘pieces’ of stock, which in the long run will hopefully turn out to be a gain instead of the loss we see currently.

    • DutchIndependence

      This is the only right way to think about a correction, as a great opportunity! Good on you that you bought extra stock! Thanks for your comment.

      DI

  2. The annual chart looks fantastic! Congrats DI. Keep up the great work and thanks for sharing

    R2R

    • DutchIndependence

      Thank you R2R, it’s been quite a run since the end of 2016! Thanks for coming by!

      DI

  3. Dom

    This looks pretty decent and a great tactics with the Box 3 tax! Do you have any plans do increase your long-term savings to build an emergency fund? If not, what is your reasoning?

    • DutchIndependence

      Thanks Dom, it’s mainly to increase the emergency fund indeed. Any excess money will go towards buying a house in the future I guess! Thanks for stopping by, much appreciated!

      DI

  4. Congrats, looks very good! Good starting point for 2019, good luck and I’m staying tuned on how far you will go in 2019!

    • DutchIndependence

      Thank you Radical FIRE! I definitly feel confident for this year, let’s see what it will bring for the both of us! Have a great week.

      DI

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