Basic Info
Age: 37
Net Income (after taxes): $118,000 (Single income family of 5)
Status: Married
Assets
House $700,000.00
TFSA $63,163.89
RRSP $74,402.00
Savings $26,950.89
Pension $165,205.00
Vehicles $30,000.00
Silver and Cash $5,000.00
Brokerage. $6,500.00
Liabilities
$0
Net Worth
$1,071,221.78
History.
I started investing in the stock market in 2006, probably at the worst possible time. I lost a small fortune in the next few years but learned some very valuable lessons.
I have always been a hater of debt (fight club is my favorite movie) and have worked really hard to get rid of it. For my work, i'm a Steamfitter. I have been fortunate to be able to work lots of overtime and really focus on getting rid of all my debt.
I traveled to the oil patch for 3 years and saved up nearly every dollar and paid off my house on my 35th birthday. It was bitter sweet, I missed many of my families birthdays to put them in a better spot today. I have never received any inheritance or hand outs but believe in hard work and frugal living.
For the last 2 years I have started putting the money I had previously used to pay down my mortgage into my direct investing stock account. I don't like buying into an expensive market but i'm always seeking out value and growing dividends.
Future
I'm going to use this forum to track my stocks going forward and the income I receive from them. My goal is to make more money in the stock market then I would at work. Let's see how it goes
If I make any stupid moves, feel free to call me out!
Thanks for reading.
Steve.
Age: 37
Net Income (after taxes): $118,000 (Single income family of 5)
Status: Married
Assets
House $700,000.00
TFSA $63,163.89
RRSP $74,402.00
Savings $26,950.89
Pension $165,205.00
Vehicles $30,000.00
Silver and Cash $5,000.00
Brokerage. $6,500.00
Liabilities
$0
Net Worth
$1,071,221.78
History.
I started investing in the stock market in 2006, probably at the worst possible time. I lost a small fortune in the next few years but learned some very valuable lessons.
I have always been a hater of debt (fight club is my favorite movie) and have worked really hard to get rid of it. For my work, i'm a Steamfitter. I have been fortunate to be able to work lots of overtime and really focus on getting rid of all my debt.
I traveled to the oil patch for 3 years and saved up nearly every dollar and paid off my house on my 35th birthday. It was bitter sweet, I missed many of my families birthdays to put them in a better spot today. I have never received any inheritance or hand outs but believe in hard work and frugal living.
For the last 2 years I have started putting the money I had previously used to pay down my mortgage into my direct investing stock account. I don't like buying into an expensive market but i'm always seeking out value and growing dividends.
Future
I'm going to use this forum to track my stocks going forward and the income I receive from them. My goal is to make more money in the stock market then I would at work. Let's see how it goes
If I make any stupid moves, feel free to call me out!
Thanks for reading.
Steve.