As of December 27, 2023. Basically huge stock market rally in the last 1.5 months of 2023 has salvaged what was otherwise sort of a flat year financially for the family with an annual increase in net worth of a little over $645K this year to get over the $5 million hump with a bang. Still have over $100K to invoice from this year so actual numbers will be a bit better than this but again, considering all the spending and expenses we have with 4 children and higher-end lifestyle we are doing pretty well. Some of the purchases from early this year (e.g. Brookfield, Brookfield Asset Management) have really done well during this latest rally.
Goal moving into 2024 is to continue to max out all registered accounts for all of the children as well as Janelle and I and continue to buy solidly into the market with anticipation of rate drops in 2024 which should favor financials, REITs, and utilities. Continue to stick with solid well-managed companies with a view towards investing for the longer-term. Continue to emphasize health, balance, and family into 2024 and beyond.
Happy 2024, everyone! |