10/01/2017

Neighbour Joe - October 2017 Net Worth

Good day everyone, time for another monthly update. This month my only transaction is that I transferred $2000 into my investment account and invested into Hydro One. The reason I decided to invest into Hydro One is that they have recently purchased a US company and is looking to expand into the US market. Also their core business is power transmission which makes it a very stable investment since there will always be a requirement for power transmission. 


Asset 
Chequing: $4,832.05

Savings: $21,896.63
TFSA Investment: $40,516.61
TFSA Mutual Fund: $3,634.96 (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)
**Link to my investment portfolio as of 13 August 2017

Liabilities 

Mortgage: $149,785.57

*Credit Card is paid in full every month
Current Net Worth: $298,094.69 (+2.9%)

My portfolio performed well this monthly which is the reason for the increase in net worth. 

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