The American economy is starting to pick up. U.S. stocks have held steady in September. However the Canadian stock market dropped 4.3%, the price of oil fell $3 per barrel, and the value of the Loonie sank to just 89.4 cents U.S. Thankfully my finances held up okay in September. I did lose about $5,600 of value in my stock portfolio… Read More »
It’s the first day month of Autumn 🙂 It’s hard to believe another month has gone by already. The U.S. economy grew at a brisk 4.2% in the second quarter of 2014, and Canada’s increased to 3.1%, which is the fastest pace since 2011. Consumers are spending more, exports are up, and stock markets are reaching all times… Read More »
July was a decent month. So far in 2014 my wealth has grown by $100,000! Most of that came from investment gains. Awesome possum! 😀 My asset column is growing steadily. If I hypothetically buy a one bedroom, shoebox condo tomorrow for $200,000 then BOOM! I’d technically be a millionaire by gross assets! Just thinking about that gets me all kinds of excited 😀 But I have… Read More »
I recently read an article about people who camped out for 3 days to be among the first to own the next “hot” thing on the market. What did those people wait in line for? A new smartphone? Nope. A sale on a 60 inch LED TV? Nope. How about a new condo. Yes! Within the first 5 hours of… Read More »
May was another great month. Net worth increased by $5,600, mostly thanks to my tenant’s $5K rental payment 🙂 This represents half the year’s annual rent. The other half is due in October. The first farm I bought in 2012 using $20,000 of my personal savings is now worth $50,000 more. Luckily my aggressive 8:1 leverage has paid off… Read More »
I’m utterly speechless 😐 Words cannot even begin to describe my grandiose euphoria right now! 😀 ♪♬♫ Because I’m happy ♬♫♯ Clap along if you feel like a room without a roof ♪♬♫ Lol 😛 This is beyond my wildest expectations. My net worth increased by more than 10x my total income in April, including dividends. *Side Income: Part-Time Work = $400 Dividends = $500 *Discretionary… Read More »