What have I done for 6 months?

[hboy43]

Hi:

I havn't expressly followed it, but I am sure my own curve would trend downwards much more sharply. Like someone above mentioned, I do have more shares than 6 months ago.

hboy43

[jamesbe]

I forgot about mint, I signed up when they first started in Canada but nothing worked. That chart made me sign up again, love the charts and budget stuff really cool.

[KaeJS]

^ it's actually pretty good.

I only use mine about once a month, and I turned all of the notifications off, but it is good to see where you are actually spending all your money.

And of course, you get nice charts and categories and such.

[Jungle]

It's all markets right now. ANd like others have said, you are a rich man for having that at age 21. Keep piling money into the markets as you have a long time to compound.

[balk]

Do you not consider margin as a debt? I don't see that represented on that chart.

[KaeJS]

It is not represented in the chart, but the margin was deducted from the amounts you are viewing in the chart.

[KaeJS]

So, what I've done is depreciated the asset values of my vehicles by a total of $3,500. I have reduced the value of my 2003 Mazdaspeed Protege by $3000, from $10,000 down to $7,000. In addition, I have reduced my 1993 Toyota 4Runner by $500, from a value of $2,000 to a value of only $1,500.

I believe those are some fair prices going by what I have seen on Kijiji and Autotrader. I may reduce the value of the Mazda by another $500 and reduce the value of the truck by $250 shortly into the new year, just to keep conservative. I would rather see my net worth as a liquid, fair market value figure, rather than a perceived "could-be" figure.

I have managed to save some funds as there were some expenses that I needed to get out of the way. I have also put in a little bit of overtime at work and have saved (well, invested) all of the proceeds.

My BMO ESOP (Employee Share Ownership Plan) has grown from $4,700 to just over $6,600 (a $1900 increase) leaving a total of just over 121 shares of BMO.

My Trading Portfolio has increased from $11,100 to slightly above the $14,000 mark, an increase of $2,900.

My TFSA has increased in value from roughly $15,600 to $15,800, marking a $200 increase in value.

My RRSP account has a neglible change and has remained at $8,600.

As always, I have paid off my credit card in full for October and November, which reduced my "debt" and brought up my net worth about $1,400.

As such, my Net Worth has increased from October at ~$49,600 to December at ~$53,700 after the inclusion of all the little ins and outs. (I'm not sure why it's saying the peak for December is $53,543, when the chart and calculations are showing over $53,700).

Check out the nice uptick for December.

[mind_business]

Nice increase in the Trading Portfolio. What is driving the growth?

[KaeJS]

Some of it was growth, but some of it has been the paying down of margin/addition of cash, so it was not all gains (although I wish it was )

I made some gains trading POT, G and RY the past two months. I also made a little bit of money being risky and trading some TZA.

BCE, TRP, CPG have also helped keep the portfolio growing and stable. Bell has been increasing and increased the dividends. TRP has been increasing (near a 52wk high) and CPG has been fairly stable with monthly dividends.

[Jon_Snow]

Looks good KaeJS...

And I think I need to think about joining Mint.com - NetworthIQ.com is pretty much broken.