As of May 1, 2009. "Other Assets" = TFSA account (all cash at present).
Well, I took two hits to my net worth this month which will lead to the first downward blip recorded, sadly. I paid a ~$10500 income tax bill, and also dropped the value of my car to a more reasonable $9500 (according to the wholesale value of my car at VMRCanada.com). The interest rate paid on my TFSA account has dropped to a paltry 1.5%, so I've taken steps to transfer my TFSA to TD Waterhouse so that I can simplify everything under a single umbrella. Given my ongoing surplus cash flow, I have also increased my automated savings to ~$1200/biweekly, split between my registered and non-registered accounts. Assuming that this does not change, and not taking into account market activity, this should leave me around $5,000 short of my net worth goal for the end of the year ($390,000). If I have extra cash sitting around I will add to my portfolios as I am able. |