How’s your week?
Today I would like to disclose the breakdown of my net worth. It is JPY 72,835,385, which is about 3.6% increase from March. I have kept the exchange rate $1=JPY 100. It can be converted US$728,353.85. I have no debt other than small credit card debts.
US stocks, the biggest asset in my wealth account for 55%. Second Japanese yen cash that I regard as contingency assets represents 38%. Japanese stocks and US$ cash are just 5% and 2% respectively.
What I need to do is to save up to $1.1M. Set aside $100,000 as a contingency fund and generate $80,000 gross dividend income from $1M dividend growth portfolio. I wish I were in my 40’s. My survival is managing my aging – diminishing earning power as an employed worker.