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$173,700 (+2.7%)

I’m surprised that this months net worth update is so good looking.  Frankly it’s because the stock market has been doing so well.  My TFSA portfolio is almost up 9% and this is after the in-kind transfers I have done from my non-registered to registered account.  I love my TFSA portfolio… that’s all!

There have been some major major changes to my net worth and you’ll see the results next month.  I’m planning to max out my TFSA for 2013 (I have about $9000+ in contribution room), and pay back my RRSP home buyers plan in full and contribute to the RRSP.  I’m already excited to do my taxes and it’s not even April yet.  I’m a personal finance geek, that’s for sure!

I’ve been splurging on eating out, buying clothes, and I even treated myself to a pedicure at the start of the new year.  Not very personal finance geek, that’s for sure! 🙂

Okay, so here’s the breakdown for February 2013:


CASH: $20,726 (+2.0%)

  • I have a joint account which our mortgage is deducted from, and our own personal accounts.
  • 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 $4100 saved up for my goal of climbing Mt Kilimanjaro (highest peak in Africa). I’m automatically deducting $100 a month from my bank account into this travel account.

Non-Registered: $1973 (+0%)

  • I transferred some cash from a terrible investment that I sold into my RRSP
  • These are stocks that capture the “moment in time”, including unrealized gains or losses in my BMO Investorline and Questrade accounts.

RRSP: $22,410 (+4.0%)

  • This includes the pre-authorized monthly contribution into my TD E-Series account, a GIC in my ING Direct Account and a Questrade RRSP account.
  • I am seriously thinking about maxing out my TFSA instead, if I am not able to max out on both (read my TFSA vs RRSP great debate over here) from now on, as I will expect to have defined benefit pension when I retire.
  • I’m not including my defined benefit pension
  • I owe about $16,000 to myself in my RRSP because I used the Home Buyers Plan for my down payment. I think I’m going to allocate $7000 this year back to the Home Buyers Plan but will decide when I do my taxes.

TFSA: $27,406 (+3.8%)


  • I am not counting this in my net worth, because it’s 13 years old.
  • I have started a separate ING bank account for a future car

PRINCIPLE RESIDENCE: $387,500 (0.0%)


Mortgage Debt: $285, 510 (-0.30%)

  • Our basement suite is rented out so this takes the sting out of me going to school and dropping my income.

Credit Cards: $800

  • With my MBNA Rewards World Elite® Mastercard®, I used up $350 of points towards my iPad purchase
  • I’ve used my new Amex Aeroplan card twice so far.
  • I pay off my full amount every month (and folks, it’s VERY important you do so otherwise you’re losing out on a 19% return!) but include it in my net worth update so I have an accurate picture of my actual net worth. I sort of think “If I were to sell everything right now, what would my net worth be?” I guess I shouldn’t put it in the liabilities column since i pay it off regularly, BUT in mint.com it’s under the liability column so I’ll do the same.

Article comments

Leigh says:

Looks like there are some funky things going on with the HTML in this post?

I’m mostly finished with my taxes, just waiting on one last thing before I can file 😀 I’m excited, haha!

Young says:

@Leigh- always one step ahead of me!! 🙂 lol

You might want to look at Questrade ETFs instead of TD E-series.

I did the math and I’d save about $200/year on my current portfolio of around $160K.

I have a post coming up on this in my Investing Series in a few weeks.

Teacher Man says:

Yah I agree MM. I just wrote a post about the new commission-free feature as well!

Young says:

@mochimacarons- Right now, Questrade is pissing me off with their platform… I can’t even see my unregistered stocks because the Questrade IQ platform sucks. Are the ETFs on the Questrade IQ platform?

Awesome work! It’s always exciting to see your networth increase when you didn’t expect it to!

Young says:

@HECC- Thanks girl!