Update Dec 31, 2022: The year 2022 was a pretty shitty year. Lost about 1,5 Mio USD in “paper gains”. Made 135,000 USD in passive income, also quite a bit down from 153,000 USD in 2021.
The main reason was that I first got punched in the face by the Terra Luna collapse, and then got a kick in my balls by the Celsius bankruptcy. Luckily cashed out 700,000 USD from a crypto long-only fund I invested 200,000 USD in in 2018 (and kept 200,000 USD in a new crypto fund).
I still have quite a bit of cash, and generally believe I am diversified enough.
You will see one item in the above table that says investments in private companies.
The current breakdown is that about 67% of my total net worth is liquid, meaning I could close and liquidate all positions within 24 hours. The non-liquid assets are mainly company investments (see below) and one small rental property I own.
When you get to know me you will see that I’m a a combination of a builder & entrepreneur at heart, and a long-term oriented income investor.
I love building companies and have done so since a young age. But I also love researching stocks, hunting for good passive income opportunities, with the aim to have more time with my family. I always loved this quote: “There is a season to saw, there is a season to reap. You don’t do both in the same season”.
That’s why the fast-paced company building paired with patient long-term investing in dividend stocks and other forms of passive income really works well for me.
See below for a simple overview of my current investments in private companies: