Contents from freedom 35 blog. (www.freedomthirtyfiveblog.com)
Big Turnaround
It was a huge win for the markets in October. 🙂 Most stocks performed very well. The technology sector in particular experienced the most appreciation. Intel shares increased 12% over the past month. Alphabet (Google) shares jumped 15%. And Amazon shares soared 22%. Both GOOG and AMZN prices are now at new highs. As a shareholder of many technology companies, including the names just mentioned, my portfolio saw some awesome gains in October. 😀 I also received a rental paycheque of $4,600. So that was a nice bonus on top of the stock market rally.
*Side Income:
- Part-Time Work = $500
- Dividends = $600
- Interest = $200
- Rent = $4,600
- Fun = $200
- Debt Interest = $1400
*Net Worth: (MoM)
- Assets: = $913,900 total (+20,600)
- Cash = $2,200 (+200)
- Stocks CDN =$95,900 (+10100)
- Stocks US = $68,900 (+5500)
- RRSP = $61,100 (+4600)
- MICs = $15,800 (+200)
- Home = $259,000
- Farms = $411,000
- Debts: = $499,300 total (-2800)
- Mortgage = $191,800 (-400)
- Farm Loans = $198,800 (-500)
- Margin Loan CDN = $27,700 (-200)
- Margin Loan US = $27,000 (-600)
- TD Line of Credit = $24,000 (-500)
- CIBC Line of Credit = $10,000
- HELOC = $18,200
- RRSP Loans = $1,800 (-600)
*Total Net Worth = $414,600 (+$23,400 / +6.0%)
All numbers above are in $CDN. Conversion rate used: 1.00 CAD = 0.76 USD
This was one of the best months of the year. 🙂 It was mainly thanks to the positive stock market performance, especially the high single-digit gains on the U.S. stock exchanges. The farm rent helped a lot as well. I used it to pay back the $4K I borrowed to buy some new Royal Bank shares. I took on debt hoping my investment would pay off. So far RY shares are up 5% since I bought them, and I’ve paid 0.35% interest on the loan. So my plan to make money using other people’s money is working. I hope things continue to go smoothly for everyone’s investments for November as well. 😀
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Random Useless Fact:
China is ending its one child policy.
Image may be NSFW.
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Contents from freedom 35 blog. (www.freedomthirtyfiveblog.com)
