From Oct 2021 to July 2023 my net assets dropped by 25% in value

It was horrible

Having to go to your wife and admit you'd f*cked up

I'd made a series of investment mistakes...

First off, I had 2 real estate investments, that I was struggling to sell. No-one wanted to buy them! 

So what do you do?

Sell at a loss?

Or sit and hold... Then hope that you start to make your money back?

Essentially I had assets on my balance sheet that were over-valued.

To amp things up even more, I one day realised I'd made an accounting error, converting GBP to AUD on an equity position that was wrong

F*ck!

Anyways, 25% less wealth than you though is not your everyday, "oops I've lost my wallet"

Thankfully I was running headlong down the Bitcoin Rabbit Hole, so I made a big call, and decided to re-allocate 

I've also since put in place a superior accounting process that I share with my wife weekly

We have far better transparency together on what we own, our expenses, and therefore our savings

Why tell this?

Well I am so grateful to have made those mistakes

Today we're circa 60% better off (in $ terms) to Oct 2023

A win

Which as someone who is very bad at saying well done to themself, I wanted to make public like this, to say so myself

What a time to be alive

Sending good vibes all!