April 20′ Personal Net Worth Report And More

In Monthly Net Worth Reports by Shlomo FreundLeave a Comment


Here is my monthly report of my personal net worth progress for April 2020.

I’m sharing this to show how important it is to track your net worth and seeing the progress. Tracking is what I also expect and advise my clients to do. 

From tracking your personal net worth and see how much you are worth, you can learn what works and what you should change in your finances.

It’s the first step if you wish to go nomad or even to get to any goal in life.

If you’d also like to see how much you are worth the way I do, I created this tool, especially for my readers. You can get it here.

Also, if you’d like to read the previous report to get the flow of things, you can check it here – March 2020 personal net worth update. Here are all the previous reports.

If you don’t know what the net worth definition is, check it here.

Last thing, If you are looking to get your finances ready to go nomad, book a free financial fitness call with me. Just click the link and schedule a time on my calendar

Let’s jump in!


This month our net worth went up by 9.65%, and our savings rate was 45.33%

In March 2020, we had the worst drop in our net worth. While this month is the best rise in our net worth. Well, welcome to a financial rollercoaster.

At times like this, the markets tend to be very volatile. And while it’s not pleasant to see your net worth shrinking, it also creates lots of opportunities. I strengthen my stocks investments in that period. I couldn’t guess when the bottom is of course (crystal balls are out of stock, unfortunately).

However, I need to remember. This rise in value, is it just a rise before a double (worse) down? I don’t know. And that’s ok. The key is to go long-term. I don’t need the money soon (And actually don’t plan ever to use it), so it doesn’t matter if on paper it’s on a loss. Long-term stocks are going up.

Last month I reported that our net worth is back 16-17 months back. Since this was a good month, it’s now only 9-10 months back. Not bad!

We kept a reasonable savings rate for this month. But ideally, I’d like to get to the 60-65% level. January and February weren’t good savings rate month, so the average of 2020 is only around 9% so far.

Kuetzal and Envestio Lawsuits

There is constant progress here. I get weekly updates on them, and I’m happy with the progress. I can’t say a lot though. Anyway, if I will get my money back, it will take a long time. I just need to keep waiting.

Crowd Investing Alert

I started this page for following crowd-investing platforms projects. Now that there are only two platforms there, I’d like to add new ones. I’d like to hear your recommendations on it. Which other platforms would you like to see next in there? Please comment below.

So, if you are into crowd investing, give a ‘like’ to the page.


Crowdestor keeps publishing new projects. here are their active projects for now: 

Crowdestor in the last couple of months tends to release projects that pay more than 20% of annual interest. I wonder what’s the reason for that? No more credit offers in the regular market? It makes sense that crowd-investing platforms (also called p2b) will thrive more now. The projects are riskier, but there will be more projects who need their funding.

Anyway, I don’t have more money in the platform the reinvest as they ceased the payments for three months.

A few days ago, Crowdestor published their survey results, asking their investors what they should be their policy to the borrowers in the recovery period which started.

I voted for option E, saying Crowdestor should take the initiative and check each project to make an individual decision and not a common one for all projects. And indeed that’s the one chosen. 711 investors voted for that (36%).

A day afterward, I got another email regarding the project “Mafia stars”. I have about half of my Crowdestor funds on those projects, so of course, I follow that one closely.

They said that they would start paying the interest again at the beginning of July and will also pay the interest in the recovery period. They noted that although there was some delay in development due to the COVID19 since there are more people at home, it pushed the gaming industry up. So, they expect even more revenues from the projects. The investors in this project, get a revenue share except for the regular interest on investments. Good for me!

BTW, here is a project that is coming soon (also more than 22%).

So, although not all Crowdestor projects are paid on time as they used to be. I’m not too worried.

If you decide to join Crowdestor through my link, you’d like to get a 1% cash back for your next 90 days. I’ll get a bonus from Crowdestor of 1% of your investment about, at no cost to you. sign up through this link


Some of Wisefund‘s projects were not paid on time this month. However, I think that mine did (their system is not great for tracking this and that would take time). Then after a few days, Wisefund sent a message that they give a grace period to their borrowers. Just like Crowdestor.

They sent a survey to investors too. Most investors voted that they are in favor of a relief to the borrowers, but let the interest on that relief period be spread over the next payments once the relief period ends.

I’m happy with that decision.

Wisefund says they monitor the projects closely and will keep updating.

More about Wisefund; Their 2nd market actually brings in crazy opportunities, for people who’d like to go in. A few days ago, I saw someone who sold their contract, generating more than 140% on the investments. The amount was around 250 EUR. So, not a huge amount. I didn’t go in as I have almost no funds in the account.

Read a more comprehensive explanation about Wisefunds secondary market on my previous month’s post.

Last month I also wanted to show the progress of funding of projects on Wisefund. They had a single project running, raising 55K EUR. As it didn’t make progress and the company needed the money, they decided to split the project into several rounds.

Round A of 7K EUR was fully funded. Round B of 20K is now progressing slowly. So, because they split, it’s hard to compare.

Here is their round B screenshot. Let’s see how they do in a month.

For the first time, I’m saying. Some of Wisefunds loans were not paid on time (however for obvious reasons)

If you do decide to join Wisefund through my link, I’ll get some bonus from them to invest more in my portfolio, and you’ll get an extra 0.5% cashback for the next 270 days after you invest.


Last time I calculated, my investment breakdown was in December 2019. There were a lot of changes in my portfolio over the previous three months. So, it’s time to show the new breakdown. 

Here is the new vs. old: 

New investments breakdown

Old investments breakdown


UK property: This is a halt period, and there was no progress so far. I decided to expand my option and started researching on other real estate markets in other countries. 

US property: The last three houses of these investments were sold. I’m waiting for the check to arrive in the mail and finally cash it out. It’s a significant milestone for me. I was in those investments since 2009. 

Loans: Next month, we need to pay a bullet loan, which is quite significant. When we took it, we were told that we could extend it in an additional year. However, COVID19 is around, and they don’t approve it automatically. I’m waiting for their decision.

If they do not approve this, we might either return some of the amounts and get a smaller bullet loan or go to a monthly payment loan. I don’t like this option as it hurts our cash flow. Let’s see, I’ll keep updating.


US & Israeli Stock portfolio: Our portfolio went up about 13.5% this month. What a crazy month. We are almost at the same point as two months ago. 

Bitcoin: Bitcoin is also back to its levels of 2-3 months ago. 


Does all this seem complicated to you? I don’t say it’s easy, but it’s not rocket science. You can do the exact same things as I do to reach your life goals. You can do it!

So, what are you stuck with? What’s preventing you from doing the next step? Share in the comments or send me a message.


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