Follow Our Net Worth Journey
Do As We Say and Do as We Do
Everyone’s got a theory on how to make more money, hit the latest investment, or control spending. Most people aren’t willing to pull back the curtain and reveal if they follow their own “expert advice” however. Check out the Net Worth Updates from one member of our team who isn’t shy about revealing her personal financial victories and setbacks.
You can go all the way back and follow her story as a young adult fresh out of university and read all the way to today’s slightly-older-but-still-very-young adult who has taken on investing for herself and has managed to both enter an exit Vancouver’s sizzling real estate market.
She lets you in on what her investment portfolio looks like, how she spends money from month-to-month, and gives some great examples on how to calculate where you are at in terms of your overall financial picture.
Looking for inspiration, check out the first few posts, and then fast forward to today’s numbers. If you’re still not sure that this stuff works or if it’s worth it, then you might not understand how math works.
Well, I am starting off the new year going backwards haha! Let's hope that this trend of negative net worth updates does not continue and is short lived. I had a lot of expenses and purchases in January (namely a trip!) and I had to break my shopping ban for the...read more
I had anxiety calculating my net worth as the months got closer and closer to January 2016. I was pretty frugal this year I think, didn't buy much but did spend $5000 in travel and didn't restrict myself in terms of eating out with friends. Though I wasn't splurging...read more
Okay, I'll take it! Not a big gain this month but better than the negative territory. I spent very little this month, probably the least amount for the whole year, according to my Mint.com app anyway. I realize that I don't really spend very much on a day to day...read more
Thank goodness that the stock market rallied a bit compared to the drop in September. I made a lot of changes to my portfolio this month. Bough HSE.TO (I couldn't resist as it went down to $18.00, I just bought another 50 shares), sold COS.TO, sold XDV.TO, sold...read more
EDIT: Ooops, I guess I'm doing a little better than I thought (phew!). I had sold some holdings in my TFSA but when I calculated my net worth update, they had not finalized so the money was "missing". My TFSA balance is actually $49,450, which means this month I am...read more
That positive streak didn't last very long. The markets have not done well and I think I took about a $8000-$10k hit to my portfolio so far. It's quite painful but I know that it can be (and likely will be) worse. I will continue to re-evaluate my portfolio and...read more
Phew, positive again. I knew I was saving a lot this month but I didn't know that it would surpass the loss I was having in my investment portfolio. My RRSP did well this month but mainly because of the currency exchange I figure. I am planning to go to Portland in...read more
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...read more
Oh man, I had a feeling this month would be bad, but didn't realize it would be THAT bad. For the first time in a few months, I am not in the positive territory. I saved a lot too this month but this month's lack of growth is mainly attributed to the stock market. ...read more
Slow and steady wins the internal race, right? Thankfully my ZPR shares aren't hemorrhaging as badly compared to earlier in the month (I was down 2300 at one point, now just down 800 in unrealized losses). I was quite excited about the increase in TFSA contribution...read more