How I Reached 100k 💶
Jan 16, 2021 22:13 · 167 words · 1 minute read
As I mentioned a few days ago one of my goals until I get 30 years old was to reach € 100k net worth. 5 years ago I read a lot (huge shout out to all the experts in the German Wertpapier Community) and decided I will go the unamusing but proven route of a “classic world portfolio”: 70% MSCI World and 30% Emerging Markets.
I tried to stick with my initial defined strategy through all the years and therefore my way to 100k was rather boring as you see in the following chart: I had monthly investment plans since I started my journey and once per year did a bit of rebalancing when I received my yearly bonus. That’s it!
Quick “advertising”: the screenshot above is taken from my instance of Portfolio Performance, an open source tool to calculate the overall performance of an investment portfolio - across different accounts. It’s quite handy once you set it up properly, go and have a look at it!