Asset
Chequing: $300.00
TFSA Investment: $97,466.04(Market Value)
RESP: $4,192.89 (Market Value)
Real Estate: $224,000 (Purchase Price of my house)
Real Estate Rental Property: $200,000 (Purchase Price of the house)
Define Benefit Work Pension (Transfer Value): ~$278,000(Last checked in December 2019)
*Automobile is not included (No monthly car payment)
Liabilities
Mortgage: $117,698.99
Rental Mortgage: $193,974.95
Line of Credit: $5,942.00
*Credit Card is paid in full every month
Current Net Worth: $486,342.99
Passive Income
TFSA Passive Income: $4,844.08/Year or $403.67/Month
So in the last month when the stock market was taking a hit, I took leverage up and took money from my line of credit to max out my TFSA contribution for this year. I brought a lot of quality dividend stock such as Canadian Banks which is why my passive income has increased.
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