I am Losing Money
“An investment in knowledge pays the best interest”
- Benjamin Franklin
Two years ago, I made a promise to myself that I will make a million dollar before the age of thirty. Since the age of five, I have been making a yearly budget but now with an investment portfolio and multiple streams of income, I do a quarterly budget. This year, I wanted to double my net worth but is currently 4% down. The reason for this is that I have made some investments in myself lately and once I make returns on these investments, I have no doubt that I will be able to achieve my goal this year.
The chart above shows the worth of different assets from July 2016 until now. The red line represents my net worth(I have no long-term debts so my assets is a good approximation of my net worth). The second chart shows my equity distribution. Right now 12% of my net worth is in cash, 6% are my fixed assets and 82% are in different stocks.