Friday, September 30, 2011

Net Worth Update: September, 30, 2011

So, this month, I did invest a good chunk of change into dividend stocks.

I will be posting a 'Dividend Income Update' every once in a while, so you (and I) can track my progress.

I'd again like to caution anyone that is looking at the 'dividend as a full-time income' plan - it's not a quick way to get rich. It's all about the slow growth of your money, like a tree that you nurture with paycheques instead of water.

My goal progress increased by about .13%  (from .61% to .739% of my goal of $1,000,000 dollars net worth).


(This post summarized my current net worth in an easy to read table - It's a snapshot, so as unforeseen expenses or windfalls accrue in the month, this will become less relevant.)


Net Assets Sept-15-11 Sept-30-11 Change %
Emergency Fund
$ 1,000.00 $ 1,000.00
$ -
0.00%
Taxable Accounts
$ -
$ - $ -
0.00%
Taxable Brokerage Account $ - $ - $
0.00%
TFSA Brokerage Account
$ 5577.44 $ 6872.44 $ 1250.00 18.18%
RRSP Accounts $ 565.00
$ 565.00 $ - 0.00%
Stock Options $ - $ - $ - 0.00%
ESPP $ - $ - $ - 0.00%
House $ - $ - $ - 0.00%
Receivable (Payable) $ - $ - $ - 0.00%
Other Assets $ - $ - $ - 0.00%
Total Assets 7142.44 $ 8392.44 $ 1250.00 17.50%
Liabilities











Credit Cards
$ - $ - $ - 0.00%
Mortgage $ - $ - $ - 0.00%
Tax Liabilities $ - $ - $ - 0.00%
Other Liabilities $ - $ - $ - 0.00%
Total Liabilities $ - $ - $ - 0.00%
Goal Progress ($1,000,000 CAD)
(Investments + House - Liabilities)
$ 6142.44 $ 7392.44 0.739% 
(Total)
Net Worth $ 7142.94 $ 8392.44 17.50%


(This chart is a modified version of Brien's 'Net Worth' chart from www.2millionblog.com. It is used with permission.)

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