Yay, positive again! Though it really should have been much more positive, but it was just a ‘medium’ positive no thanks to the downward stock markets. Mr. Market is obviously kind of grumpy and moody these days, whereas Mr. Real Estate Market in Vancouver is high on a kite somewhere in la-la land.
This gain is not bad considering I was on vacation for half the month and had to pay my car insurance and home insurance. I think I am on track to reach my net worth goal, but really just barely. It’s definitely very marginal.
As some of you following may know, my goal is to have a net worth of $385,000 by 2016 or $400,000 including my pension. I am over the $400K net worth with my pension contributions and and have under $20,000 to go if I do not include my pension.
Okay, so here’s the breakdown for July 2015 (+$2523, +0.7%)
CASH: $30,285 (+19%)
- I think I have about 6 months of living expenses and then some, so should start moving money into my investments regularly
- A lot of the gain this month is from the tax return I received
- I added up my chequing and savings accounts (High Interest Savings Account). I automatically deduct money from my chequing account and have it siphoned to the HISA account (paying yourself first)