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What a quarter! The third quarter of 2019 finished almost two weeks ago now. I’m not exaggerating when I say this was a life-changing period for me.
Two major changes took place: I moved out and live with my girlfriend, and I signed the sales contract (AKA “compromise”) for my very own apartment in the center of Brussels. These decisions had a huge impact on my net worth for several reasons.
From cash to asset
The purchase created the biggest impact. I had the 17,625 EUR moved from my cash account (10,000 savings + 7,625 checking) to an illiquid asset, my apartment. More importantly, 100,000 EUR of ~ 420K cost is covered by an inheritance.
I will of course not get this as cash but it will directly pay a part of the apartment.
As it is part of my assets, it’s part of my net worth. While a positive effect on my net worth, the other side is that I still have to finance roughly 280K (420K – 100K – 40K (20K in projected future savings) = ~280K). This will happen through a mortgage which I’m in the process of getting.
This in theory will push me well into negative net worth. To keep things clear, I will have the mortgage and the inheritance as a separate part of my quarterly overviews.
My first home
A second reason that caused a shift in my net worth is moving out of my parents’ home and living at my own rental apartment together with my girlfriend. Before we could move into our own place, we had to transfer 3 months of rent or 1835 EUR, into a dedicated and locked savings account. I will get the money (+ interest back) once we move out.
With all of that said, I can look at a net worth growth of 8.75% this quarter.
To be clear, this includes deposits but not my debit account.
|Quarter||Amount (€)||QoQ (%)||QoQ (€)|
Personal portfolio overview
The recovery continued this quarter so my portfolio reached 8.97% which is solid increase of 7.69%.
I now have a total personal portfolio of 27,225.03 EUR (incl. cash).
This is all thanks to the nice recovery the market made, especially my euro stocks and mainly my ETF’s over the last three months and some dividends. The cash I have left is 83.64 EUR.
|Symbol||Description.5||Sector||Quantity||Close Price||Cost Basis||Current Value||Unrealized Profit/Loss||% Gain/Loss|
|AED.DIV||AEDIFICA – unlisted coupon||Real estate||20||2.38||46.77||47.60||0.83||1.77|
|CSEMUS||ISHARES MSCI EMU SML-C ACC ETF||Broad||3||198.70||606.78||596.10||-10.68||-1.76|
|SXR1||ISHARES CORE MSCI PACIF X-JP ETF||Broad||10||135.86||1,173.47||1,358.60||185.13||15.77|
|DX2J||X MSCI EUROPE SMALL CAP ETF||Broad||20||43.39||861.98||867.80||5.81||0.68|
|CSSX5E||ISHARES CORE EURO STOXX 50 ETF||Broad||3||114.84||311.57||344.52||32.95||10.57|
|HOMI||HOME INVEST BELGIUM||Financials||8||116.50||702.83||932.0||229.17||32.60|
|IUS3||ISHARES S&P SMALL CAP 600||Broad||40||57.82||2,268.46||2,312.80||44.34||1.95|
|RBOT||ISHARES AUTOMATION&ROBOTIC-A ETF||Broad||157||6.93||1,014.48||1,087.85||73.37||7.23|
|SBIO||INVESCO NASDAQ BIOTECH ETF||Broad||30||29.09||923.30||872.85||-50.45||-5.46|
|SPYD||SPDR US dividend aristocrats||Broad||43||51.90||2042.13||2,231.70||189.57||9.28|
|SXR8||Ishares Core S&P500 UCITS||Broad||14||270.00||3,366.92||3,780.00||413.08||12.27|
|XLVS||Source HLTH care S&P US SECT||Broad||7||372.23||2,452.53||2605.61||153.08||6.24|
The below table contains my stocks denominated in USD. Since the currency rate fluctuates daily, it impacts the total portfolio wealth counter. To keep it simple I will use the rate applicable at the time of writing every quarter (give or take a day). You can find the rate used at the top of this page.
Unfortunately, unlike my euro stocks this quarter, my dollar-based stocks actually got worse.
Coming from -5,32% I made a small decline to -11.27%. In other words I lost -11.27 – (-5.32) = 5,95%.
|Symbol||Description||Sector||Quantity||Close Price||Cost Basis||Current Value||Unrealized Profit/Loss||% Gain/Loss|
|BABA||Alibaba Group Holding||Communications||5||167.23||832.89||836.16||3.26||0.39|
|CSKR||ISHARES MSCI KOREA USD ACC||Broad||5||136.76||887.58||683.80||-203.78||-22.95|
|IBB||ISHARES NASDAQ BIOTECHNOLOGY||Broad||5||99.50||518.34||497.50|