TheMonopolyProject (TMP) soared to almost $325,000!
Remember, we started with $100,000. We’ve added $225,000 in three years.
Oil jumped back into 2nd place thanks to the international crisis in Ukraine. Oil has the distinction of going the lowest ($47,900 in April 2020) during the initial stages of the COVID panic and coming back the highest. Here’s a video of the last 10 years of oil prices via our USL fund:
Last month we were “cash poor, and asset rich” because our bank account total had fallen to less than $2K. Well, now we’ve doubled it to almost $4K due to rents collected:
We have invested almost all the original $100K in three houses. The value of those three houses, less the mortgage, is almost 325,000 dollars.
TOTAL ASSETS = TMPbank_Account + TMP_Valencia
+ TMP2bank_Account/2 + TMP2_29th/2 + TMP2_Crismon/2
Valencia increased by $8K:
29th Avenue increased “only” by $2K because of some weird behavior by the Realton.com algorithm. Last month we said “29th Avenue increased by almost $27K; mostly due to Realtor finally catching up with the values estimated by Redfin and Zillow.” Now Realtor.com is showing a drop of $24K?
Our latest TMP2 property, a condo on Crismon Rd in Mesa, AZ was purchased on 14 January 2022. The estimated value of $341K shows a $16K gain over the purchase price of $325K. And again here, Realtor.com does not have an estimate so we have ignored it for now. Overall, we show a $10K gain over last month.
Note that we have also added the historical record for all TheMonopolyProject investment options on our “Historical” page. Here’s what it looks like today going all the way back to the inception of TMP in March of 2019.
TMP has soared, like an eagle:
Katie, Jonathan, and Jim went painting last week:
The best part was that we got to wear smocks. According to Hobbes, wearing a smock is the best:
It’s like having Leonardo and Michelangelo in the same room:
This isn’t art; this is genius: