June 2017 Fiscal Update

In an interesting turn of events the Canadian dollar is showing signs of strength. It gained against the US dollar and the British pound. This is a double edged sword. The good news is my wealth is greater since I have more purchasing power. 🙂 The bad news is my net worth in Canadian dollars went down. 🙁

Since I have investments in foreign currency my assets fell in value. Oh well. I’m not cashing out any time soon so I will continue to hold and see what happens. Energy companies also lost value in June, following lower oil prices. I also purchased a vehicle in cash that cost over $1,000. It was expensive, but it’s important to have a life. 🙂

Liquid’s Financial Update

*Side Incomes:

  • Part-Time = $900
  • Freelance = $800
  • Dividends = $800
  • Interest = $200
*Discretionary Spending:
  • Fun = $1500
  • Debt Interest = $1100

*Net Worth: (ΔMoM)

  • Assets: = $1,113,700 total (-6,300)
  • Cash = $5,300 (+2100)
  • Canadian stocks = $146,400 (-200)
  • U.S. stocks = $91,600 (-4600)
  • U.K. stocks = $20,100 (-1300)
  • RRSP = $82,600 (-2800)
  • Mortgage Funds = $31,000 (+300)
  • Peer-to-Peer Lending = $20,900 (+200)
  • SolarShare Bonds = $9,800
  • Home = $270,000
  • Farms = $436,000
  • Debts: = $486,000 total (-5,500)
  • Mortgage = $182,900 (-500)
  • Farm Loans = $188,800 (-500)
  • Margin Loans = $60,300 (-3200)
  • TD Line of Credit = $13,000  (-600)
  • CIBC Line of Credit = $25,000 (-500)
  • HELOC = $16,000 (-200)

*Total Net Worth = $627,700 (-$800 / -0.13%) 
All numbers above are in $CDN. 

 

This is the worst month I’ve had in over a year, lol. It looks like my fixed income assets performed well at least. Hopefully I can turn things around in July and get back to increasing my net worth.

 

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Random Useless Fact:

Canada produces over 80% of the world’s maple syrup.

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Dan
Dan
07/05/2017 4:37 pm

Keep it up! …Not that bad if that’s your worst!

Mrs. Picky Pincher
07/06/2017 6:31 am

I’m just curious–what do you spend your Fun Money on?

Simon
Simon
07/07/2017 1:56 am

Hey Liquid. Can you please reply to my last email? Sorry for commenting here, but it’s rather urgent. Thanks.

Gen X Investor
07/11/2017 7:37 am

June was a pretty rough month for my investments too! My NW barely budged. Stay the course and you’ll do fine in the long run.

Cheers!

GYM
GYM
07/11/2017 9:04 pm

You’re still doing pretty darn good for the worst month of the year! I inputted my assessed value for my condo and you’re still beating me in the NW game!