Net Worth Update: October 15, 2011

So, this month, I did sell (*gasp*) some of my investments that had become overpriced. I then bought them back a few days later, after they dropped again, all without missing a dividend. Ha.

My goal progress increased by about .45%  (from .739% to .784% 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-30-11	Oct-15-11	Change	%
Emergency Fund	$ 1,000.00	$ 1,000.00	$ -	0.00%
Taxable Accounts	$ -	$ -	$ -	0.00%
Taxable Brokerage	$ -	$ -	$	0.00%
TFSA Brokerage (Book)	$ 6872.44	$ 7277.36	$ 404.92	6%
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	$ 8437.44	$ 8842.36	$ 404.92	5%
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)	$ 7392.44	$ 7842.36	$ 409.92	.784%  (Total)
Net Worth	$ 8392.44	$ 8842.36	$ 409.92	5%

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

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.)

Net Worth Update: September 15th, 2011

So, this month, I dove in and bought some quality dividend stocks.
If anyone tells you that your first trades are without worry and peril, they are lying :-P.

I also rolled my taxable stock certificates into my TFSA - I was reading online about some of the records you have to keep for tax purposes when you have stocks in non-registered accounts, and I am honestly doubtful that I could keep up to date with such calculations.

My goal progress increased by about .19%  (from .42% to .61% of my goal of $1,000,000 dollars net worth), and my down-payment fund has been consumed by my TFSA brokerage account.

I'll be making another net worth update in a few days on September 30th.

(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	Aug-31-11	Sept-15-11	Change	%
Emergency Fund	$ 1,000.00	$ 1,000.00	$ -	0.00%
Taxable Accounts	$ 3,000	$ 0.00	$ (3,000.00)	(100.00%)
Taxable Brokerage	$ 665.94	$ 0.00	$ (665.94)	(100.00%)
TFSA Brokerage Account	$ -	$ 5577.44	$ 5577.44	+++%
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	$ 5,230.94	$ 7142.44	$ 1911.50	36%
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)	$ 4,230.94	$ 6142.44	$ 1911.50	0.61%  (Total)
Net Worth	$ 5,230.94	$ 7142.94	$ 1911.50	36%

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

Earning Jack: Investment Snapshot

Welcome to my new net worth charting and 'wealth' allocation system (TM).

The general idea is that I show you where-abouts my money is, so you can have some idea how I live. This in turn, may give you some ideas about your own personal finances.

I may end up changing the format and style of the snapshot as time goes on, but this will at least give you a decent idea of my allocations at the end of the month..

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

Net Assets	July-11	Aug-11	Change	%
Emergency Fund	$ 1,000.00	$ 1,000.00	$ -	0.00%
Taxable Accounts	$ 1,000	$ 1,500.00	$ 500.00	50.00%
Taxable Brokerage	$ -	$ 665.94	$ 665.94	665.94%
TFSA Accounts	$ -	$ -	$ -	0.00%
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	$ 2,565.00	$ 3730.94	$ 1165.94	45.4%
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)	$ 1,565.00	$ 2,730.94	$ 1165.94	0.27%  (Total)
Net Worth	$ 2565.00	$ 3730.94	$ 1165.94	45.4%

So, as you can see, I haven't got alot (which explains the blog title).

My goal is $1,000,000 by retirement. I haven't decided when I will retire, but as soon as possible is the primary goal.

Every month end, including the end of August, I will be updating this chart, and posting it, to show you how I'm fairing.

What do you think?