Net Worth Update – Q2 2019

Second quarter is ending and it’s time to post another Net Worth update. These updates help me track my progress and it is interesting to see how my net worth has changed over the past three months.

Net Worth


Stocks and cooperatives 66 151 € (+3 881 €): I purchased Walgreens Boots Alliance Inc. and Nordea Bank shares during the second quarter. Besides that, the value of my stocks and cooperatives did not change much.

P2P loans 5 255 € (+140 €): I have reinvested the loan payments, but I did not make any additional deposits.

Cash 9 859 € (+1 511 €): As I mentioned in my last update, I have been increasing my cash savings for a while now, because for me it is important to have a sufficient amount of emergency savings. I also started saving for a new car, because I am pretty sure that my old one is about to blow up. This is going to be a pretty big investment and it will affect my net worth, since I don’t count my car as an asset.

Apartment 129 000€ (+0 €): My share of our apartment. I don’t change this estimate every quarter, because it is hard to evaluate the exact price.


Mortgage 75 319 € (-1 110 €): Fixed monthly payments. This amount will not change for the next four quarters, because I applied for a 12 month instalment-free period. The reason for this is that I want to keep investing while I save money for the new car.

Housing company debt 1 530 € (-90 €): Monthly housing company loan payments. Nothing new here.

Net Worth 133 416 € (+6 730 €)

After the previous update, my net worth has increased by 6 730 €, which doesn’t sound bad at all! It is really motivating to see steady progress and I hope I can keep up the pace in the coming quarters.

If you are interested, you can access my older reports on Net Worth page.

Thanks for reading!

How was your Q2? Please share your thoughts in the comment section below!

4 thoughts on “Net Worth Update – Q2 2019

  1. BrokeInvestor Reply

    Nice progress Deluge! It’s nice to see your liabilities decreasing and assets increasing – it should only get better as times moves on.
    I think it’s a good thing that you are increasing your cash savings as well. Recently, there are not that many opportunities in the market and it’s good to have some cash on hand if the situation changes. Of course, if it’s not spent on a new car already 🙂

    • Dividend Deluge Post authorReply

      Thanks BI! I think I will keep a few thousand euros in my cash savings account even after buying that “new” car. I am starting to get second thoughts about using that much money on a used car, so I will try to find a cheaper alternative model with low mileage. Even so, buying a car is almost always a pretty bad investment.

    • Dividend Deluge Post authorReply

      It is really nice to see my net worth growing over the time and compounding is helping a lot!

      Thanks for the comment Bert!

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