Mar 2016 Fiscal Update – Net Worth Increased $21,700

Market Bounce

Woohoo! Investors can rejoice as March 2016 was one of the best months for the stock market in recent memory. The S&P 500 and Dow Jones gained 6.9% and 7.1% respectively. Even the commodities-heavy S&P/TSX Composite in Canada managed to end the month 4.9% higher than it started. What do all these numbers mean? Well let’s pretend to be architectural drafters for a moment so we can put things in perspective. A broad North American equity index fund portfolio worth $250,000 would have returned about $15,000 during March. That’s not too shabby at all. 🙂


I made a couple of new investments in March, such as buying Air Canada bonds in my RRSP, and adding more Antrim MIC units to my existing holding in my TFSA. In other news, as many people already know, earlier this year Suncor reached a $4.2 billion deal to buy out Canadian Oil Sands. My COS shares were finally tendered in March. This means my 123 COS shares were replaced by 34 new SU shares. 🙂 This brings my total Suncor holding to 200 shares, or $7,200 in market value. Wow that’s a high concentration of money in just one stock. Thankgoodness Suncor is a high quality company. 😀

*Side Incomes:

  • Part-Time = $800
  • Freelance = $500
  • Dividends = $600
  • Interest = $200
*Discretionary Spending:
  • Fun = $200
  • Debt Interest = $1300

*Net Worth: (MoM)16-04-stock-fiscal-update-networth

  • Assets: = $948,000 total (+17,400)
  • Cash = $2,500 (-5000)
  • Stocks CDN =$110,100 (+8100)
  • Stocks US = $69,400 (+900)
  • RRSP = $69,100 (+6,300)
  • Mortgage Funds = $22,900 (+7,100)
  • Home = $263,000
  • Farms = $411,000
  • Debts: = $490,300 total (-4,300)
  • Mortgage = $189,600 (-400)
  • Farm Loans = $196,400 (-500)
  • Margin Loan CDN = $28,400 (-100)
  • Margin Loan US = $25,900 (-3,700)
  • TD Line of Credit = $21,000  (-600)
  • CIBC Line of Credit = $11,000 (+1000)
  • HELOC = $18,000

*Total Net Worth = $457,700 (+$21,700 / +4.98%)
All numbers above are in $CDN. Conversion rate used: 1.00 CAD = 0.77 USD

Thanks to the large gains in the markets my net worth almost increased 5%. Furthermore, it’s another month where I earned over $2,000 from side incomes. 🙂 My dividends and interest payments are getting bigger each quarter! But it’s no big deal. All I did was consistently invest in dividend growth stocks and high interest fixed income securities for the past 7 years.

But is this recent market rally sustainable or is it on borrowed time and we’re past due for a correction? I think it doesn’t hurt to be cautious when stocks are trading beyond their fundamentals, so I’m preparing for a potential pull back by keeping some cash around. My immediate plan for April is to save more money, pay down some debt, and fight any urge to buy a new stock that happens to catch my attention. I realized that I should probably divest away from the stock market a bit as it’s taking up too much of my asset allocation.

I’ve been corresponding with a venture capital firm in the U.S. about investing my money in some start-up companies. 😉 I haven’t decided to do anything with this yet, but I think it’s a worthwhile opportunity to explore. Providing seed money for small businesses can have big payoffs with the right management team and execution, but it is also much riskier than investing in the S&P 500.

Random Useless Fact:


Notify of

Inline Feedbacks
View all comments
Finance Journey
04/07/2016 11:35 am

Over $21 000 increased in one month is absolutely amazing man. Keep moving up.

Very soon you will hit half a million dollar net worth.

My net worth increased by $11 000 in March 2016. I didn’t make any purchases in March. Like you, I am sharping my buying power by paying down some debts and waiting for another pull back.

Happy Investing!

Hock Lee Ooi
Hock Lee Ooi
04/07/2016 11:58 am

Do you mind sharing the venture capital firm you are in contact with? Just curious about minimal investment amount, how the vetting process is, etc

04/08/2016 5:45 am

It’s amusing to review a 1-month period within the scope of a long-term investment strategy.
Whatever makes a blog tick, eh!

04/08/2016 9:10 am

That kind of graph profile makes me smile 😀 Smart on ya to expect some upcoming bumps though me thinks – Cheers

investing in wine
04/08/2016 12:16 pm

The chart looks amazing. Looks like your set up quite well with this position.

04/09/2016 12:26 am

March was indeed a marvelous month and you results just highlight that fact. Great increase and very nice dividend income too. I think because March was such a strong performing month a lot of our fellow dividend bloggers have cooled on new buys as good values are harder to come by. Thanks for sharing.

04/09/2016 8:03 am

What a solid month for you! Congrats on the gains, hopefully uou can keep it up!