It feels like so many things happened last week, most aren’t so good. France elected a new president over the weekend who advocates more government spending rather than less, and Greece’s minority government appears to be quite unstable and might have to go through another election soon. North American stocks are down for the month, the € (for those who… Read More »
I saw my wealth shrink by $6500 this month. This is so exciting! If I wasn’t working 2 jobs I probably would have lost $10,000 this month. This shows me how fickle the economy can be sometimes, and how necessary my job is to me, and how far I still need to go to reach financial independence. The TSX… Read More »
Making money in the stock market isn’t always easy. Here is a simple technique that I use to increase my chances. The volatility index “VIX” is a measure of how nervous investors are. The VIX moves in opposite directions from the stock market for the most part. In the 5 year graph below we compare the VIX (blue)… Read More »
*Dividend Income: Discount Brokerage = $200 *Discretionary Spending: Eating Out = $100 Others = $400 *Net Worth: Assets: Cash = $3,200 (-$1,500 MoM) Stocks = $71,800 (+$600 MoM) Home = $243,000 Liabilities: Mortgage = $209,800 (-$300 MoM) LOC Balance = $1,000 (-$500 MoM) Other Loans = $18,700 (*1,900 MoM) Total Net Worth = $88,500 ( +2.08% MoM) First… Read More »
Vacation for last 2 weeks. Now, back to business. *Dividend Income: Discount Brokerage = $300 *Discretionary Spending: Eating Out = $100 Others = $200 *Net Worth: Assets: Cash = $4,700 (-$1,400 MoM) Stocks = $71,200 (+$3,000 MoM) Home = $243,000 Liabilities: Mortgage = $210,100 (-$300 MoM) LOC Balance = $1,500 (-$2,500 MoM) Other Loans = $20,600 (+$4,100) Total Net… Read More »
*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… Read More »