tripleoptician's Net Worth for February 2020


Assets Value Change ($) Change (%)
Cash $65,000 $27,000 71.05%
Stocks $3,288,000 ($86,000) (2.55%)
Bonds $700,000 - -
Annuities $0 - -
Other Real Estate $555,000 - -
Retirement $476,000 ($16,000) (3.25%)
Home $1,600,000 - -
Cars $0 - -
Personal Property $0 - -
Other Assets $413,000 - -
$7,097,000 ($75,000) (1.05%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $933,000 ($8,000) (0.85%)
Other Debts $1,710,000 $112,000 7.01%
Other Mortgage(s) $422,000 ($1,000) (0.24%)
Student Loans $0 - -
Car Loans $0 - -
Credit Cards $0 - -
Total Debts $3,065,000 $103,000 3.48%
Net Worth $4,032,000 ($178,000) (4.23%)
*All values shown in CAD ($)
Notes:
Coronovirus month - YTD now -2.35%
Reduced mortgage but increased margin debt
was about to liquidate ALS +/- FFH but poor timing
excess liquidity reduced significantly $304K (will be dipping into LOC by $50K once excess liquidity approaches $275K

Cash up - to be deployed on margin debt +/- TFSA investment

Initial deposit on new investment condo = $20K
USD up 1.32 to 1.33


* new lending arrangement secured by 2nd mortgage of $700K on borrowers house starting Nov 1st
Will be held as bond type asset yielding 6%/annum plus fees
Will borrow from IBKR to facilitate loan (2.4% charge)

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