Thursday, February 1, 2018

Neighbour Joe - February 2018 Net Worth

As we enter the month of love, here is my latest net worth update.

Asset
Chequing: 2407.63
TFSA Investment: $61,344.23
TFSA Mutual Fund: $3,872.25 (Invested in TD e-series index fund)
Real Estate: $224,000 (Purchase Price of my house)
Define Benefit Work Pension (Current Transfer Value): ~$153,000 (Last checked in Jul 2017,aprox $1000 a month of contribution)

*Automobile is not included (No monthly car payment)

Liabilities
Mortgage: $135,126.07

*Credit Card is paid in full every month

January Net Worth: $303,480.88
Current Net Worth: $309,498.04 (+1.98%)

I have recently realized that during my monthly net worth update I am giving a false impression that all my gains are soley based on my investment. Just want to clarify that my monthly paycheque greatly contributes to my gains every month. Have a good February!

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