Net Worth Update 4 Nov 2018

Pigafetta restaurant at Mactan, Cebu
Pigafetta restaurant at Mactan, Cebu

It’s Monday and it’s back to work for most of us unretired and working folks. Back to the daily grind. On the bright side, I’m happy to have a reason to get up early and just MOVE. I’ve been mostly sedentary and relaxed all long weekend and that just packs on pounds. As we just stayed in Cebu, frugal husband and I spent the long weekend driving aimlessly, mostly to places where we wouldn’t be caught dead in (due to TRAFFIC). We went to the beach, hung out at cafes and visited family.

It’s less than two months shy of christmas and yet I’m still trying to catch up on my work! Lol. I have to get a lot of stuff done before I take off for a little bit of christmas break. Have to keep myself on my toes though. My current net worth is:


PhP 2,750,256.59 / USD 52,890.00


It is comprised of:

Real estate   39.38%
Stocks, etc.   22.5%
Cash               20.46%
Car                  14.03%*
Retirement   3.63%

I am mostly relieved that my real estate share in my assets is lower at 39.38%, down from 40% from my last update. On the other hand, I’ve learned that holding rental real estate is not too shabby. Sure, the upfront cost was terribly high and it can eat up into your spare time, but the monthly income is definitely worth it. If day-trading in shares of stocks isn’t bringing in as much money like it used to (especially in this extended market downturn), I suggest you look into property rentals.

What is your favorite form of asset or your favorite asset in your portfolio?


*As always, car value has been subjected to 20% depreciation cost for the first year of ownership. Cars lose value quickly or 20% less the moment you drive it off the dealership. It loses 10% depreciation cost for the subsequent years up until the fifth year of ownership.

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