Third quarter is almost over and it is time to post another Net Worth update. These updates help me track my progress and it is interesting to see have I been able to increase my net worth over the past three months
Stocks and cooperatives 66 466 (+315 €): I added more Abbvie Inc. and Iron Montain Inc. shares in the third quarter. I sold rest of my Norwegian shares (NOM) in June, because of the new withholding tax laws. Later that month I reduced my position in Omega Healthcare Investors, because this single stock was already over 10 % of my portfolio value.
P2P loans 5 354 € (+99 €): I have reinvested the loan payments. No extra deposits, as the weight of P2P loans is already over 5 % of my portfolio.
Cash 13 290 € (+3 431 €): I am still increasing my cash savings. I mentioned in the previous update, that I am buying a newer car, but I am having second thoughts about that. I was able to fix my old car by myself, which felt really good and as a result I saved a substantial amount of money!
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 € (-0 €): Only paying interests at the moments, because I applied for an instalment-free period in June.
Housing company debt 1 440 € (-90 €): Monthly housing company loan payments. No changes here.
Net Worth 137 351 € (+3 935 €)
In the past three months my net worth has increased by 3 935 €. Even though the increase in my net worth doesn’t directly raise my passive income, I still think it’s a good indicator that I am doing something right!
If you are interested, you can access my older reports on Net Worth page.
Thanks for reading!
How was your Q3? Please share your thoughts in the comment section below!