⚠️⚠️ Net Worth Update: Down $28,409.53 (-0.72%)

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📉 Net worth is down $28,409.53 (-0.72%) to about $3.9m
Hope everyone had a good weekend, before we start, some people may not care about me building in public. If that's the case, click this link and we'll exclude you from future net worth or revenue updates.
Currently in sat in a cramped hotel in Kyoto, Japan, food here is amazing, but there's way too many tourists here. I guess everyone had the same idea as we did..
Japan so far has been great, but unbelievably expensive. For a small hotel room, we're averaging about $500 per night per room. To be fair, we're staying in very nice hotels in great areas.

Btw, if you haven't seen my revenue thread for April, here it is, engagement is MUCH better this month, it seems like you guys only engage when the revenue is up and to the right, this is probably why creators on Twitter stopped posting.
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Haven't met up with anyone in Japan yet, other than a friend of my girlfriend (@tiffycooks) who is absolutely SLAYING it on TikTok (nearly 3m followers there).

As of May 1st 2023, my net worth is at $3.9m. My true net worth, including Indexsy and the Binance account is about $5.6m, but I choose to ignore these assets.

This is down by $28k from April 1st 2023, but up $2m from when I first started tracking my net worth back in January 2021. So I thought I finished paying my taxes last month, and my accountant told me I have another 6-figures in taxes I have to pay. Guess what, I still haven't paid my personal taxes either, big oof.

Here’s my most recent net worth split, I’m sat on about $522k cash right now, up about 2k from last month, and I’m still averaging into the stock market at a rate of $15-20k/mo.

Assets (USD)
Cash (Personal): $236,747.42
Cash (Business): $285,243.80
Stonks (Personal): $160,752.64, largest holding here are my bonds.. I have about $90k of $CASH.TO which is paying about 4% a year.
Stonks (Business): $795,897.60, largest holding is bonds right now, with $TSLA running I'm thinking if I should exit some positions, we'll see.
Watches: $112,832.91, most expensive watch is still my Vacheron Constantin Overseas which I bought for $17.7k. Watches bounced slightly, we back boys.
Current price: $30.3k (last month $32k ). Unrealized gains: $12.6k.
Crypto (Personal): $416,113.62, down $14k from last month. Largest holdings are still 80.1 ETH, 5.2 BTC, and 515 BNB. Cost basis of ETH is less than $100 USD each, BTC would be less than $5k, and BNB would be about $1 USD. Been buying stuff up lately.
Real Estate: $2,700,000.00, my largest holding, the Lisbon 8-unit apartment building, it generated $9k in free cashflow in April, details here.
Websites (excl. F&A + Indexsy): $700k, main site is back right now, LET'S GOOOOO.
Indexsy + Binance Account (24x monthly): $1.7m, up a ton due to the newsletter growth, shoutouts to you!

Here are some links to stay connected:
YouTube: https://www.youtube.com/@indexsy
TikTok: https://www.tiktok.com/@gotochou

Twitter: https://twitter.com/indexsy
LinkedIn: https://www.linkedin.com/in/jacky-chou/
Company Website: https://indexsy.com/
Link Building Services: https://indexsy.spp.io/order/niche-edits (prices are going up Monday, DON'T SLEEP)
Get Started with Binance: Binance Signup (Affiliate Link)
FAQs:
How’d you make so much money from Binance?
From some aggressive affiliate sites in the past that are no longer ranking as well as some small affiliate sites now.
How do I manage my time?
I suck at it, but I deal with it by working longer hours than the average person. I also have a great in-house team at Indexsy where I delegate a ton of things.
How did you grow your newsletter so quickly?
Went heavy on paid ads and it's a nice split between Meta, Twitter and Sparkloop ads.

 
Jacky Chou
Founder of Indexsy
hello@indexsy.com
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Indexsy Consulting Ltd., 1238 Seymour Street, VANCOUVER, BC V6B 6J3, Canada
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