As of January 2, 2012. "Cash" = personal cash. "Stocks" = all non-registered equity investments, combined personal and corporate holdings (Canadian/US/International Index Funds & ETFs). "Bonds" = corporate cash (including actual cash and fully-liquid assets). "Retirement" = all registered investments. "Other Assets" = TFSA account (Considered an "emergency fund" which holds only fixed-income assets). "Home Mortgage" = actual mortgage. "Other Mortgage" = Line of Credit. "Other Debts" = Interest-Free Loan.
Well, as expected, there was a turn for the worse this last month despite having a little income come in near the end. The significant drop is a bit of an illusion, however, as the accounting genius that I am managed to pay the federal government *two* installments of over $12.5K on December 15 instead of just one. So really, my end of year net worth should be more like $672K. Anyways, it'll come back in the wash when I get my tax refund + a little bit of interest from the government to boot, I think.
Numbers are also going to significantly change once I have sold my condominium officially and paid off all of my debts, which I look forward to doing very shortly. That will be a true indicator of my net worth as I have slightly overvalued the property of my previous condominium. With steady income coming in through all of 2012 I should hopefully be comfortably over $800K by the end of 2012 and invested nicely into Vanguard ETFs at last. Hopefully this will allow me to reach the million-dollar plateau by the end of 2013, unless something catastrophic happens. |