tripleoptician's Net Worth for January 2020


Assets Value Change ($) Change (%)
Cash $38,000 ($6,000) (13.64%)
Stocks $3,374,000 $189,000 5.93%
Bonds $700,000 - -
Annuities $0 - -
Other Real Estate $555,000 $20,000 3.74%
Retirement $492,000 $10,000 2.07%
Home $1,600,000 - -
Cars $0 - -
Personal Property $0 - -
Other Assets $413,000 - -
$7,172,000 $213,000 3.06%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $941,000 ($117,000) (11.06%)
Other Debts $1,598,000 $147,000 10.13%
Other Mortgage(s) $423,000 ($1,000) (0.24%)
Student Loans $0 - -
Car Loans $0 - -
Credit Cards $0 - -
Total Debts $2,962,000 $29,000 0.99%
Net Worth $4,210,000 $184,000 4.57%
*All values shown in CAD ($)
Notes:
Main account up 9.7%
Reduced mortgage but increased margin debt
excess liquidity remains $515K

Initial deposit on new investment condo = $20K
USD stable 1.32


* 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