Fiscal Update – June 2011

By | 07/03/2011
*Dividend Income:
  • Discount Brokerage = $200
Discretionary Spending:
  • Eating Out = $200

  • Others = $1100
*Net Worth:
  • Assets:

  • Cash = $6,100 ( +$1,600 MoM)
  • Stocks = $68,200 ( +$20,100 MoM)
  • Home  = $243,000 
  • Liabilities:
  • Mortgage = $210,400 (-300 MoM)
  • LOC Balance = $4,000
  • Other Loans = $16,500
Total Net Worth = $86,400 ( +1.77% MoM)


Big month for income, as well as spending. Received bonus from work, nice! Paid auto insurance, property tax, and then spent $1K on consumer discretionary items (lots of games and toys from Ebay.) Also put in $4K on a margin account, more on this later. Furthermore, borrowed a lot of money to invest because the stock market went down a bit in June so now there are lots of discounted stocks to choose from. Bought some Intel, Caterpillar, KKR, and Stillwater Mining. 

Opened up a couple of margin trading accounts and put some money into them. My “Other Loans” mentioned above include an RRSP loan, and a separate line of credit.

* Numbers are rounded to the nearest $100.
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