moominoid's Net Worth for April 2022


Assets Value Change ($) Change (%)
Cash $39,213 ($40,088) (50.55%)
Stocks $1,423,862 ($119,482) (7.74%)
Bonds $24,529 $4,199 20.65%
Annuities $0 - -
Retirement $1,579,582 ($48,332) (2.97%)
Home $895,812 ($47,851) (5.07%)
Other Real Estate $108,194 ($7,313) (6.33%)
Cars $2,561 ($137) (5.08%)
Personal Property $0 - -
Other Assets $842,056 $16,023 1.94%
$4,915,809 ($242,981) (4.71%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $330,005 ($18,369) (5.27%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $2,666 ($350) (11.60%)
Car Loans $0 - -
Other Debts $267,063 $23,958 9.86%
Total Debts $599,734 $5,239 0.88%
Net Worth $4,316,075 ($248,220) (5.44%)
*All values shown in USD ($)
Notes:
Other assets include managed futures, venture capital funds, fractional ownership of art, and gold. Other debts include margin debt. Values are in US Dollars and so fluctuate with exchange rates as more than half of our investments are Australian Dollar or Pound Sterling denominated.

Comments

5/7/2022 10:37:33 AM Appliedvalueinvestor
Hi I checked your blog and noticed you have 70 % of your investments in alternative assets. I am some what new to the space of alternatives (except for gold investments) and would love to better understand how to rationalize the thought process around non-liquid nature of some of the alternative asset investments such as masterclass
5/17/2022 8:56:35 PM moominoid
Hi Applied Investor A lot of our alternative investments are in listed funds (how the stocks number here is so high) or funds with daily/monthly/quarterly liquidity. About 13% of our net worth (not including our house) is in genuinely illiquid investments. This includes venture capital, Masterworks and fractional real estate. Yes, I wouldn't want to get the illiquid portion too high but many people have a bigger share of their net worth in retirement accounts than I have in retirement + illiquid!
5/18/2022 9:14:29 PM Appliedvalueinvestor
Hi Moominoid Thanks for your response. If it's OK to ask, what are some examples of listed alternative asset investment funds that you mention above?