December 16 / 2014 : Updated every mid month
ASSETS
Home 2014 assessed value total $1,190,000
-Equity Investments
Tax free saving account TFSA - $31,696
Retirement saving plan RSP - $118,885
Canadian margin account - $136,442
US margin account ( Ex Rate 1.135)- $174,049
margin available $129,749
margin available $129,749
Equity total: $461,072
-Rental Property
Warehouse Income Property 2014 assessed value
total: $384,000
-Start Up Company
Brewery start up share value
total: $85,000
-Cash
Checking account $945
Business account $6,314
total: $7,259
December 2014 Grand Total Net Worth: $2,127,331
Nov. 2014 : $2,160,878 Details Link + $49,867
Oct. 2014 : $2,111,011 Details Link - $28,473
Sept. 2014 : $2,139,484 Details Link + $13,390
August 2014: $2,126,094 Details Link + $14,613
July 2014 : $2,111,481 Details Link + $5,584
June 2014 : $2,105,897 Details Link + $3,165
May 2014 : $2,102,732 Details Link
In Summary-
Markets still very volatile especially Canadian Markets. The Canadian TSX was down sharply with Oil stocks taking big hits and also the banking sector taking a grubbing as well. My portfolio has mirrored the drop with it unfortunately. I am not worried though as this is what the markets do even though I am down $33,547.
I have been quite busy with some real estate deals lately and making a major play which is in the works. Doing so will force me to reanalyze my Reit positions and I will be more than likely getting rid of my margin Reit plays in the new year. My Margin Reit play was a big loser for me so far but whatever, no worries, thats business! Got to keep moving forward and making things happen. I am not 100% sure of my real estate plans just yet. Not sure if and when I will be moving but I have some options opening up for me in the near future
In the brewery startup news there has been a few set backs but nothing major. Still looking to start pouring beer in the spring with fingers crossed. With new businesses set backs are expected and I am not worried yet. Could be a couple years before I start seeing some capital back.
My father has been in and out of the hospital quite a bit with a bad heart and a quintuple bypass is needed. Its been stressing me out a bit and I haven't been as active as I would like with blogging lately. I am not worried about the dip in my net worth as their are more important things afoot lately.
Till the next update Good Day and Grind On!
