Net Worth: March 2010 (up 4.4% booooyahhh)


Maybe it’s good karma, but this month’s net worth calculation falls nicely after the markets were on an upswing for the past few days (remember last month’s net worth calculation? The  market was completely rollercoaster-like for a bit, almost made me nauseated).

Okay, so here’s the breakdown:


CASH: $23,485 (+5.08%)

  • I added up my chequing and savings account (High Interest Savings Account).
  • I automatically deduct money from my chequing account and have it siphoned to the HISA account.

STOCKS: $19,555 (-0.36%)

  • This month I wasn’t as active with my trades on Questrade, no capital losses this month, just added more positions to some stocks.
  • These are stocks that captures the “moment in time”, including unrealized gains or losses in my BMO Investorline and Questrade accounts. I added up USD and CAD stocks as “Canadian” money to be simplistic (which is pretty much at par right now)

RRSP: $20,085 (+3.53%)

  • This includes some emerging market mutual funds (BRIC), the monthly deduction from my HISA into my TD E-Series account (primarily bonds), a GIC in my ING Direct Account, and some ETF stocks I have in my BMO Investorline account.
  • I hope to max out the $25,000 and withdraw for my first home purchase (hopefully soon) with this amount saved.
  • The RRSP is staying steady.  I’m thinking of buying some more ETF stocks to balance it all out for my 2010 RRSP.


  • I am a public sector employee (hurrah for good-lookin’ pensions!) but am not including it in this net worth update because I want to keep it simple, and to be honest, I’m too lazy to calculate how much I have in it.

OTHER: $11455 (+2.6%)

  • initial investment was$18,100 from the get go so am kind of peeved that I am down $7000
  • I have some investments that were poor choices (I signed up for them before I became self “edumacated”) that are losing money big time.  In order to receive a tax credit, I got persuaded into buying some flow through shares, Venture investments that gave out a tax credit, and some more mutual funds about four years ago.

TFSA: $10910 (+6.4%)


I’m not going to bother counting the car. It’s 10 years old and I’m planning to drive it to the ground.

CREDIT CARD: $1269 (-39%)

  • See what I meant when I said my credit card spending has it’s ups and downs?
  • I pay off my full amount every month but include it in my net worth update so I have an accurate picture of my actual net worth.
  • I basically charge everything to my card to reap the benefits (free flights and hotel stays!)– Sadly, the last month of the SPG MBNA card has come, though MBNA has a new Elite Travel Card that has replaced the SPG card.  Will update you with the details when I find out more about this card.