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Tuesday, 1 March 2016

Feb/March 2016 Net Worth Updates - Tough times and Reflection

It's been exactly a year since I broke through the $50k barrier and yet here I am today almost three thousand dollars below that mark. At the time I was still struggling with my daily expenses and cash flow, but overall my numbers were still going up and up. Fast forward to today and I am down more than 11% from my peak. Through this site I am able to go back to that moment and glimpse the thoughts going through my mind - and I am glad to see a calm and rational mindset even during those highs.

"Another month of quite substantial gains generated by continued strength in the markets. I don't let these gains go to my head by pretending that they are somehow related to any skill I might have, as I know they could easily reverse in the coming months. I am not one to think that I can beat the markets and this forms the bedrock of my long-term investing strategy. Having said that, however illusory these gains may be, I still can't deny feeling a hint of satisfaction when passing these milestones along the way." - March 1, 2015


Feb 1, 2016

TFSA - $43,586.56 -3.91%

RRSP - $3,863.54 -4.43%

Stocks - $0
(purchased this month = $0)

Chequing - $1,173.08

Total: $48,623.18

Gain: -0.87% or -$425.99




March 1, 2016

TFSA - $42,305.29 -2.94%

RRSP - $3,737.59 -3.26%

Stocks - $0
(purchased this month = $0)

Chequing - $1,290.67

Total: $47,333.55

Gain: -2.65% or -$1,289.63

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