I’m utterly speechless 😐 Words cannot even begin to describe my grandiose euphoria right now! 😀 ♪♬♫ Because I’m happy ♬♫♯ Clap along if you feel like a room without a roof ♪♬♫ Lol 😛 This is beyond my wildest expectations. My net worth increased by more than 10x my total income in April, including dividends.
- Part-Time Work = $400
- Dividends = $500
- Eating Out = $100
- Others = $200
*Net Worth: (MoM)
- Assets: = $809,900 total (+52,800)
- Cash = $300 (-200)
- Stocks CDN =$89,700 (+2700)
- Stocks US = $51,100 (+1700)
- RRSP = $41,800 (+600)
- Home = $254,000 (same)
- Farms = $373,000 (+48,000)
- Debts: = $528,400 total (-200)
- Mortgage = $198,800 (-400)
- Farm Loans = $207,000 (-400)
- Margin Loan CDN = $28,000 (same)
- Margin Loan US = $26,300 (+1800)
- TD Line of Credit = $33,400 (-600)
- CIBC Line of Credit = $13,600 (-100)
- HELOC = $17,800 (same)
- RRSP Loan = $3,500 (-500)
*Total Net Worth = $281,500 (+23.2%) All numbers above are in CAD. Conversion rate used: 1.00 USD = 1.10 CAD
I Invested in some Dollarama in my TFSA in early April, which is in the black so far 🙂 I also bought some U.S. stocks on margin (debt.) I adjust my farmland value every April based on the average rates between the annual FCC report and inflation. The new FCC Report shows Saskatchewan farmland prices rose 28.5% in 2013. Inflation (CPI) was about 1% in 2013. Therefore, I have increased the value of my farms by 14.75%
How do I feel about this capital appreciation?
After nearly 6 long years of careful planning and patiently waiting, my wealth has finally crossed a quarter million dollars! My tenacious focus never wavered as I was determined to create the financial reality I dreamed of having for myself.
Over the last month I have not only surpassed $250K for the first time, but have shot so far past it that I’m actually closer now to $300K. I’m still trying to process what happened because it feels a bit like winning the lottery（ ﾟдﾟ）The universe sure works in serendipitous ways. First quarter complete. Three more quarters to go until I’m a millionaire! I’ll keep trying for as long as it takes, but it’s not over until I WIN!
“There are winners. There are losers. And there are people who have not discovered how to win. All they need is some insight, or different strategy, a plan of action. To make some adjustments that will open up the key to a whole new future to them. That will give them access to the unlimited power that they have within themselves.
…Most things don’t happen as soon as we think they should happen. The messenger of misery might drop in on you to say hello. Murphy’s Law might come by and thump you on the head. Any number of things can happen to interrupt your flow. But it’s okay. Don’t take it personally. Just acknowledge what’s going on is called LIFE, but keep working on your dream… Don’t judge [the set backs.] Why? Because if you judge it you invest emotion in it, and that emotion can be anger. And guess what? That hurts YOU. That doesn’t hurt anybody else. So don’t take yourself out early by internalizing things.
Don’t allow other things or people or circumstances to determine what your reaction is going to be…. You don’t need anyone to approve your dream. If they can’t see it that’s because it was not given to them. It was given to YOU. Hold it, nurture it, cultivate it, work on it. It’s yours. It’s your baby. Work on it until it comes into fruition… Because this is your dream. This is your passion. This is your life.”
I’m glad I can share my financial dream with others, and live in a democratic society where passive investment opportunities like index ETFs and farmland funds are available to anyone! And I’m extremely grateful to all my readers like you 🙂 who have continued to believe in me over the years despite some of my *ahem* more questionable investment decisions (-_-;) Couldn’t have done it without the support (^_^)
Random Useless Fact: