tripleoptician's Net Worth for January 2019


Assets Value Change ($) Change (%)
Cash $36,000 $14,000 63.64%
Stocks $2,225,000 $7,000 0.32%
Bonds $0 - -
Annuities $0 - -
Other Real Estate $1,600,000 - -
Retirement $354,000 $27,000 8.26%
Home $0 - -
Cars $0 - -
Personal Property $0 - -
Other Assets $146,000 $146,000 -
$4,361,000 $194,000 4.66%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $1,089,000 ($3,000) (0.27%)
Other Debts $225,000 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Car Loans $0 - -
Credit Cards $0 - -
Total Debts $1,314,000 ($3,000) (0.23%)
Net Worth $3,047,000 $197,000 6.91%
*All values shown in CAD ($)
Notes:
Large change in debt structureReduced debt cost to 2.5% via IBKR for most of investment leverage.Targeting a max borrow of 25% of total corporate portfolio value= $550K margin borrow max. Current balance is ~$400KHave paid out BMO fixed loan and the other LOC which had debt cost of 3.95%Effective interest savings = $6000/yearIncreased non margin capacity to:$175K personal LOC's$200K Opco LOC$30K HELOCThis allows some room for increased leverage in a down market. Current net long position ~ 110% - max is 125%Hugely volatile markets leading to a bad December with stock losses, but USD increased to 1.35 CAD which reduced lossesInitiated starter position in Apple

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