I had to do the calculations three times to double check the numbers because that did not seem possible. I seemed to be spending like crazy this month again… I think reason for the increase is mainly from the stock market, the S&P500 has been the highest since like.. forever.
I guess it also helps that on average, I spent about $15 a day while on vacation in Asia. No material goods or expensive dining (not that I usually dine expensively) to entice me lol. Just $0.50 noodles and $1 fresh mango smoothies.
One of my friends was talking about her 5 day trip to the Maldives (the group of islands that is sinking, basically one of the most expensive tropical destinations in the world) and she said she loved it. I could not fathom paying $700-800 a night for a room/ hut even though it might be nice. She spent about $4000 for 5 nights. Have you guys been to the Maldives? It is/was on my bucket list, but maybe it’s too extravagant?
In terms of investing, this month, I bought NLY (I am buying back at the lower price even though it triggered a stop limit order when I initially bought it) and T (AT&T) in my RRSP. I also bought ZDV in my non margin account, which was something I have been meaning to do, but it did not trigger the limit order, so I bit the bullet and just bought it at the recent prices. There have been no additions to my TFSA in terms of stocks, but BMO performed nicely this month for me and HSE performed well as well.
Using rudimentary calculations, my TFSA has been up 23% since March of 2013 (this does not include the $11,000 that I contributed to it). Not too shabby! Dividend and ETF investing are pretty awesome.
Okay, so here’s the breakdown for March 2014 ($329, 550):
CASH: $55610 (-1.3%)
- Spending a lot again this month!
- 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)
- I have $4800 saved up for my big trip that I hope to do this year.Continue Reading