Gross Assets

Gross Assets 2023 Wk42 (Oct 15-21)

Gross Assets of This Week

Here is the status of gross assets.

This Week's Status


The goal described in Automated Forex Trading is now moved to this page as a overall goal. Also, the goals for 2024 and beyond are added.

Profit Goals

  • End of Mar, 2023
    • JPY 250k/week (12.5M/year)
  • Dec, 2024
    • 360k/week (18M/year)
  • Dec, 2025
    • 400k/week (20M/year)
  • The biggest goal: NOT to be ejected from the Forex market
    • Avoid excessive risks even if it is to achieve the profit goals.

*The annual profits listed are on a 50 week basis and it will be slightly upside with 52 weeks.


The goals for March 2023 is achieved only with automated trading in some weeks, but I cannot say that it is achieved "on average". So, I will continue to work on improvement.

As it seems difficult to achieve the goals for 2024 and beyond only with Forex, I will consider how to achieve them including means.

(Though I do not want to remember my work at the company too much💦) when I was a company employee, I was able to overcome high goals that I felt impossible by considering how to acheieve them.

After quitting the company and starting the life of FIRE, I will do nothing if I don't set a specific goal. Thus I set a goal. I will whip myself!

Supplementary Information on Gross Assets

In order to increase income as much as possible, I am reviewing the settings and making additional settings, and am reporting the current settings collectively in the category, Automated Forex Trading.

In the future, I would like to consider further additional settings, it will be reported in a timely manner.

Supplementary info

  • The gross assets are under my control. I don't include the account that I put our family's living expenses or my wife's asset. (I am only showing the assets which are visible to me.)
  • The asset status does not include unrealized gains and losses. (When there are lots of unrealized losses, the actual gross assets will be decreased.)
  • The week-over-week value ​​shows a pure increase or decrease. If there is an asset transfer, it is not reflected. 
    • If transferring assets from deposits to investments, the transferred funds will not be reflected in week-over-week investment gains and losses.
    • Additional funds from the assets which are not shown here might be added later in case I decided those can be used for investment. In such case, gross asset can be increased regardless of week-over-week gain.

Milestones

It took 1 year and 5 months to reach JPY 10M of investment profits.

As I can reach the next milestone of 20M earlier, I will consider the plan.

https://twitter.com/kuroneko_mfr/status/1695246756186050837

-Gross Assets