youngandthrifty Net Worth Update: March 2010

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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.
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Young is a writer and former owner of Young and Thrifty and the main "twitter' behind Young and Thrifty's twitter account. She lives in Vancouver, BC and enjoys long walks on the beach, spending time with her anxious dog, and finding good deals. If you like what you read, consider signing up for email updates.


  1. Paul@Quantisan on March 8, 2010 at 7:43 am

    That’s quite impressive! Congratulations for the hard work!
    .-= Paul@Quantisan

  2. Financial Samurai on March 8, 2010 at 7:53 am

    Wow, you be rich! Nice jump this month!
    .-= Financial Samurai

  3. Investing Newbie on March 8, 2010 at 7:57 am

    First of all, congrats on your Alexa increase! The Yakezie challenge is really working wonders! Second of all, do you plan on ever saying what is in your “Other” category? I’m interested in learning about your alternate investments. I’m planning on doing some alternative investing myself, but it will most likely be Real Estate. Nothing sexy…
    .-= Investing Newbie

  4. young on March 8, 2010 at 8:04 am

    @Quantisan Thanks Paul! Yeah, I’m trying realllllly hard to save up for that down payment so have definitely gone into “scrimp and save” mode.

    @Financial Samurai Thanks! I think that jump was primarily from the market upswing, so can’t take credit for it =) hehe..

    @Investing Newbie I know eh?? I think I jumped like 2 million spots! Thanks to the Yakezie Challenge. Real Estate- sounds like a good idea! I’m hoping to buy a place first, and then focus on investment properties later, but no, it’s not in my “Other” category. To answer your question, I’ll do a mini-post on what my other category is comprised of later- there’s some good ‘learning curves’ associated with it, lol! PS: Not sure if I told you already, but I put you in my “PF blog love” page =)

  5. The Rat on March 8, 2010 at 4:10 pm

    4.4% increase is commendable. Great work!
    .-= The Rat

  6. young on March 9, 2010 at 1:37 am

    @The Rat Thanks! But you KNOW that’s not going to compare to your early early retirement, so great work to you! =)

  7. The Rat on March 9, 2010 at 5:00 am

    Thanks youngn, but it comes in steps like you’re doing so keep it up!
    .-= The Rat

  8. Little House on March 9, 2010 at 6:53 am

    That is really great! Very impressed by all of your various assets. As for your credit card liabilities, because you pay them off in full each month, it’s barely something to be counted. I am wondering though how it equated to -39%? Is that the amount of total credit utilization?

    Good work!
    .-= Little House

  9. The Rat on March 9, 2010 at 9:56 am

    LOL! I thought you would have called me Splinter ’cause he’s the rat :0)
    .-= The Rat

  10. young on March 9, 2010 at 8:56 am

    @The Rat Thanks- You’re like my “Shredder” in personal finance (remember TMNT?)

    @Little House Thanks Little House! Yup, I do pay them off each month, but I still wanted to count them. I like to think of it as: If I liquidate everything and pay off all my bills, what would I have? With the -39% (it’s a wonky number) it just compares what it was last month (so last month I had 3300 in credit card expenses and this month is 40% less than that). Kind of silly I know, but that’s how “Net Worth IQ” calculates it.

  11. The Rat on March 9, 2010 at 11:15 am

    LOL! Yeah, I was thinking the shredder was the villain…and then I was wondering if you thought I was a ‘bad rat’! 🙂
    .-= The Rat

  12. young on March 9, 2010 at 10:26 am

    @The Rat LOL!! haha I meant SPLINTER, not Shredder! hahaah that’s embarassing! I just woke up. I’ll blame my mental cloudiness on that. =)

  13. Mike on March 9, 2010 at 10:10 pm

    Nice! Congratulations on the uptick!
    .-= Mike

  14. young on March 9, 2010 at 10:11 pm

    Thanks Mike! Hopefully my graph will look more linear =) hehe

  15. LeanLifeCoach on March 11, 2010 at 2:44 pm

    Thanks so much for all your effort on this round-up!

    More importantly, keep up the great work on your net worth! 4%+ Rocks!
    .-= LeanLifeCoach

  16. BibleDebt on March 11, 2010 at 5:27 pm

    Congrats, it looks like you are well on your way. Do you have a home or are you looking to buy? Maybe a good strategy not to until you can pay for it with cash!

  17. young on March 11, 2010 at 10:39 pm

    @LeanLifeCoach Thanks Coach! Hopefully I can keep the +4% roll. We’ll see next month =) You’re very welcome- it’s great reading everyone’s blog- I feel well-read in the PF blogosphere afterwards.

  18. young on March 11, 2010 at 10:40 pm

    @BibleDebt Thanks! I’m hoping to save up to buy, though the housing prices here are absolutely ridiculous (average detached home is about $800,000!) so will definitely depend on the bank to be my friend, unfortunately =(

  19. Money Reasons on March 13, 2010 at 5:47 pm

    Nice split up of the group!

    I believe this is the first with this sort of reverse ordering! Another clever job!

    Well done!
    .-= Money Reasons

  20. young on March 13, 2010 at 10:41 pm

    @Money Reasons Hello! No, it’s not the first with reverse ordering =) I think deliver away debt had it in this order on the first Yakezie carnival =) I’m not as clever as you may think ya know! =)

  21. Bytta@151DaysOff on March 14, 2010 at 5:32 am

    Impressive, indeed!
    How do you do with the BRIC fund, btw? I’ve been wanting to put some money there but afraid that it’s too late now.
    .-= Bytta@151DaysOff

  22. young on March 14, 2010 at 8:29 am

    @Bytta At first (before the market crash of 2008) I was making a lot of money with the BRIC fund (maybe 75% return?), then it crashed to less than half the value. And now it retraced itself back to almost my initial investment. I don’t think it’s too late for BRIC because the economy everywhere else (except for North American primarily) has really been picking up steam… but that’s my $0.02. =)

  23. BCA on March 15, 2010 at 5:07 pm

    Very impressive indeed. Congrats!

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