My current net worth is €294,742.08 (43.99% of my first goal – €670K).
Didn’t really go down, but going sideways ain’t good either!
This has been such a crazy and unique year, that I’ve been finding it hard to update the blog at all… You guys excuse me for that!
This year, I focus on my health, on my company and on growing my net worth. I really want to escalate my real estate portfolio to a huge one. However, my company takes all my time and since I am still struggling with my health, it has been quite tough to be honest.
Health status and state of mind
My health isn’t right yet. I have been poisened by antibiotics, which caused serious adrenal fatigue and a bunch of other problems. I feel this is very unfair because I’d be nailing it right now.
At the same time, I know my life is a blessing, and so I thank God for it on a daily basis.
I am quite OK with the growth rate of my net worth, but now my mind shifted to my company. We’re working extremely hard to bring it up.
This is way I have no time for From Cents To Retirement anymore, and given that I make no doe, I may consider selling the blog or put this project off for a big while. 🙁
I want to focus on my health for now. Whenever I am OK, I hustle for my company, because my partners deserve that. I do hope I can reverse my illness in 2018, and to be honest, I think I have a very good shot at it! Either way, I will live life by the day and try to be as happy as I can.
Rental income
RP#1 is still my Primary Property (PP).
The rental income in February was €1,700. I am not kidding around no more… This is real money and I can finally say that I have a real Real estate business going on. Yes, my costs are going through the roof as well (about €650/mo) but I will now be able to grow much larger without actually increasing these costs further (expect for mortages, that is).
Next month, I will stay at €1,700, even though I will have one free unit. I won’t be able to rent it out as I will need to make some adjustments including painting it entirely – these were probably the worst tenants I had up until know. I am just glad they will be paying for the maintenance works.
During 2018, I actually now think I will hit €5000/mo because of a few new investments I’ve been making.
Online income
My online income in February was, not surprisingly, very low. I am working on my SEO and I do hope this turns out to be good, but the reality is, right now, I make very little money, and I only do that from my book and affiliate links. Better SEO just became a priority now.
Actually, regarding start displaying ads, I am probably changing my mind in the near future. I must monetize somehow and if the book isn’t enough, I will have to go with other channels. Still, I won’t do anything aggressive. I am here for the long haul.
If you want to have instant cash do NOT replicate my strategy; this one is for the long haul although I started to realize that I may actually terminate this project.
My Real Estate business
My Real Estate business is still growing. This year, I will try to make about €100,000 and cash out a part of that in dividends and mostly buy real estate through the company.
Goals for February
- Stick to my perfect routine. DONE!
- Go for a walk every single day. DONE!
- Take 1 week 100% off (and do this for the next 6 months!) FAIL.
- Go to bed before 10.30pm every day (I will actually try 9:45 to create a safety buffer). ALMOST DONE!
- Learn about bio-identical hormone modulation and start doing that. FAIL.
- Follow the nofap protocol aggressively (for health reasons, not social phobia or anything like that). YES SIR!
- Be happy. DONE!
Goals for March
- Stick to my perfect routine.
- Go for a walk every single day.
- Go to bed before 10pm every day (I will actually try 9:45 to create a safety buffer).
- Fucking grow my company.
- Rent out my free unit.
- Post at least once on this blog (sorry guys can’t do more right now).
- Follow the nofap protocol aggressively (for health reasons, not social phobia or anything like that).
- Be happy.
Enjoy life guys!
Ben