As of May 28, 2016. "Cash" = personal cash. "Stocks" = all non-registered equity investments, combined personal and corporate holdings (Canadian/US/International Index Funds & ETFs). "Bonds" = corporate cash (only actual cash, does not include any money in brokerage accounts). "Annuities" = Whole life policy, invested in corporate name. "Retirement" = all registered investments. "Other Assets" = TFSA account.
Now that there are no debts outstanding to service, the impact on finances is becoming reasonably clear. Along with a sizeable tax return and an uptick in the Canadian markets driven largely by the financial and energy sectors, there have been three large monthly increases in net worth in a row. Baby is on the way in less than 2 months, and I think that we're prepared financially and personally for the significant change to our lives. With some excess personal and corporate cash my interest right now is in saving some buffer for a rainy day cash fund and again largely automating finances so that I have little to do other than buy and hold. I want to continue to add to my dividend income portfolio so that I can try to work my way up to a passive income stream per month that will cover living expenses. |