09/04/2020
Ok people this is the second time we are doing a net worth check with the Covid-19 cloud raining down on us.
Let’s get straight into business
Debt + Liabilities
£161,455 (Mortgage on the flat)
£40000 (Dad)
Total = £-201,455
Assets
Positive Assets
Cash = £1838.23 (Liquid)
Stocks and Share ISA=£23,950(Liquid)
Gold – £4099.91 (Liquid)
Tesco Shares Value -£58,762.70 (Not liquid)
Total = £88,650.84
Actual Net Worth = £ – -107,541 @ 13/02/2020
Actual Net Worth = £ – -112,804.16 @ 09/04/2020
Another 4.77% drop in my net worth. Again considering allllllllllllllllllll the hysteria all the “are we at the bottom?” “Can we recover?” “the market has so much more to drop!”.
I still ain’t that mad.
The rules are always the same, am I in debt? No
Am I investing money that I need? No
Has it been 10 years since you’ve started? No
Then it’s all good.
I have been saying for three years, all I have ever read is that a recession is on it’s way, it’s here now, so now the next buzzword topic I will have to mentally negotiate is “VOLATILITY”.
Shit no doubt is going to get wild as fuck and I think it’s really important that I stay as balanced as possible and just drip feed on the monthly as I always have and done.
I wanna say a big shout out to my guy who survived Covid, just came out of hospital yesterday and is now resting and recovering for the next 6 weeks, you a stud congrats on surviving and congrats on being part of the HERD!!! lolol
Next week I’m definitely going to be in my positive mode again, I’ve defo put on a lot of weight so i’ll need to attack all this again.
You either part of the few or the many ………2020.