NOVEMBER 2021
CASH
Cash includes half of joint IP bank account
All other bank accounts of mine plus all of the joint working account
Plus all cash
Excludes wife's savings
STOCKS
Stocks is holdings (and any cash in accounts) with all 3 broker accounts
BONDS
Bonds is Rental Bond $2200
Plus Land Deposit for House $32500
Bonds total: $34700
CARS
Decide to drop these now as approach $1M mark it doesn't make sense to really count these as assets any more
PERSONAL PROPERTY
Same as comment on Cars
CRYPTO
In both exchange accounts plus fund account
(Parked under Other Assets)
REAL ESTATE
Apartment IP:
Assume value of the IP is now - after insane real estate growth this year - $600K approx
The other city apartment complex has similar units sold/listed for $600-700K
Safe to say no view apt is $600K at a minimum
**Likely in JAN will revise again as there is an apartment for sale in the complex now for $850-900K which is only different in that it has a big balcony and is 8th floor. So if sells for $850K then at a min that makes the IP $650K (assuming $200K less)**
Land:
Land should be settled in mid DEC and will be paid for in cash (finally release the long held cash). There will be costs with this but overall Networth will go up because the land is now worth more than contract price
***This will not be entered until JAN 2022 Entry - reduce cash balance and deposit bond and pay fees too but will add value of the land as more like $400K (based on latest release for equivalent lots which are all sold now) so Networth will be up even more***
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Getting close to $1M networth (individually rather than jointly is still over a year away however - when house is done) and expect to cross it in the JAN 2022 entry. Of course the traditional measure of $1M outside of house is probably years away still! |