tripleoptician's Net Worth for March 2020


Assets Value Change ($) Change (%)
Cash $24,000 ($41,000) (63.08%)
Stocks $2,635,000 ($653,000) (19.86%)
Bonds $700,000 - -
Annuities $0 - -
Other Real Estate $555,000 - -
Retirement $426,000 ($50,000) (10.50%)
Home $1,600,000 - -
Cars $0 - -
Personal Property $0 - -
Other Assets $413,000 - -
$6,353,000 ($744,000) (10.48%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $925,000 ($8,000) (0.86%)
Other Debts $1,483,000 ($227,000) (13.27%)
Other Mortgage(s) $421,000 ($1,000) (0.24%)
Student Loans $0 - -
Car Loans $0 - -
Credit Cards $0 - -
Total Debts $2,829,000 ($236,000) (7.70%)
Net Worth $3,524,000 ($508,000) (12.60%)
*All values shown in CAD ($)
Notes:
Coronovirus month - YTD now -28%
Reduced mortgage and reduced margin debt
Margin cost down to 1.5% in IBKR and 2.7$ in LOC's
Excess liquidity around $600K in IBKR
still have non-margin dry powder
Minimal buying as need to wait till $700K loan repaid - expect by April-May 1st (lessen learnt about giving up dry powder!)

Initial deposit on new investment condo = $20K
USD up 1.33 to 1.4


* 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)

Comments