Oct 032017
 

We are now 3 quarters into the year. The S&P 500 and Nasdaq both hit an all time high to close out September. Up here in Canada the S&P/TSX Composite grew by 3.7%. Gross domestic product (GDP) was essentially unchanged, at zero per cent growth in July compared with June, Statistics Canada said last week. I suspect that the slower start to Q3 is indicative of what’s to come for the rest of the year. The good thing is inflation should remain low at sub 1.6%. I wonder if the Bank of Canada raised interest rates too quickly over the summer.

September had turned out to be a great month. A rising stock market raises all boats so my brokerage accounts performed well across the board. I’m quite happy with the outcome. 🙂

Liquid’s Financial Update

*Side Incomes:

  • Part-Time = $700
  • Freelance = $1200
  • Dividends = $800
  • Interest = $600
*Discretionary Spending:
  • Fun = $400
  • Debt Interest = $1300

*Net Worth: (ΔMoM)

  • Assets: = $1,121,700 total (+9,100)
  • Cash = $3,600 (+600)
  • Canadian stocks = $151,700 (+3200)
  • U.S. stocks = $93,900 (+3500)
  • U.K. stocks = $20,200 (+500)
  • RRSP = $83,900 (+1500)
  • Mortgage Funds = $31,300 (-200)
  • Peer-to-Peer Lending = $21,500 (+200)
  • SolarShare Bonds = $9,600 (-200)
  • Home = $270,000
  • Farms = $436,000
  • Debts: = $474,700 total (-4,000)
  • Mortgage = $181,700 (-400)
  • Farm Loans = $187,300 (-500)
  • Margin Loans = $57,600 (-100)
  • TD Line of Credit = $9,400  (-1800)
  • CIBC Line of Credit = $23,000 (-1000)
  • HELOC = $15,700 (-200)

*Total Net Worth = $647,000 (+$13,100 / +2.1%)
All numbers above are in $CDN. 

My year over year net worth gain is $109,500. I plan to continue paying down debt while building up my retirement fund over the next 3 months. By the end of this year I hope to have a net worth of $675,000.

 

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Random Useless Fact

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16 Comments on "Sept 2017 Fiscal Update"

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Tom @ Dividends Diversify
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F35,
Looks like all arrows on the balance sheet graph are pointing the right direction. Nice work. As a new reader to the site and trying to build side income streams myself, curious how you generate your part time and freelance income.
Tom

Dan
Guest

Love the useless fact! So funny. And great job on the increase. 2% at that absolute amount is really phenomenal. Thanks for sharing,

GYM
Guest

Great job (as always!). Also love the random fact about Harrison Ford! I didn’t know the inflation rate is so low, it feels higher given how groceries are so expensive these days!

I always thought your freelance income was from blog income 🙂

Phil
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Phil

Chug a-chuga… Nice to see you are addressing your debt levels 🙂 paying debt down in good years and re-borrowing in bad doesn’t make sense to many but us, that understand the math and investing behaviour. Cheers

AlW
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AlW

Just checking out my year over year from Sept 16-Sept 17 I went from $465827 in Sept 2016 to $819102 in Sept 2017. I turn 36 in March so I hope to eclipse 1M by then…

Pellrider
Guest

It is always nice to see the net worth goes up. Good for you!

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