Been a while since I’ve done one of these voyeuristic looks into my finances, so here we go. My rules to calculating my net worth are a little different from others. I only care about investments, things that I can click a mouse button and convert to cash in seconds. So I don’t count cars, real estate, or any other junk laying around the home. Why? Because cash is king. I can raise cash from my investments in seconds. Selling a car or real estate can take weeks or months. Also, I can’t just take a few bricks from the home and get cash for it.
Something you’ll notice…I’m like water. Liquid as fuck. My balance sheet looks different from others. I carry no debt, period. No home or auto loans, and credit cards are paid before their due dates.
Just shy of the middle of the year, I sit at $965,743.92. This represents an 11.06% increase 5 months into the year or an increase of $96,211.71. My goal is to increase my net by $100k per year from here on out. We’ll see what happens as we get close to the second half of the year, but having my net increase by $150k to $200k by the end of the year would be pretty cool. A couple positions that have paid off nicely so far this year: a large trade in KO back in February has come into fruition much quicker than I thought. Also holdings in TTWO, ATVI, and big tobacco have done amazingly. Honestly, I was pretty surprised by the figures. I hadn’t really looked in a couple months and came up with a rough figure of $60k in my head.
Here’s everything plotted out for you year by year (scroll down for the chart):
How are your finances shaping up so far this year? Sound off below.Follow me on the social medias: