January is one of my favourite months because I tend to benefit from the New Year’s bump phenomenon which earns me a lot of money without requiring me to do any work. A typical monthly net worth increase for me is roughly $4,000. But in January this number can easily double. This annual boon is the product of two main… Read More »
When the Toronto stock exchange dropped 8% in the first 2 weeks of December I thought 2014 was going to end on a down month. But fortunately confidence came back to the market and investors pushed stocks back up. In the end it was a pretty flat month with minor gains in some sectors. 🙂 Had the TSX stayed down at… Read More »
I’ve had a decent month resulting in a wealth gain of $5,800. Mostly thanks to my investment gains. I received $200 of interest payment this month from my Sherritt high yield bond, with an 8% coupon, which I blogged about how to buy earlier this year. The price for a barrel of oil has fallen in the last 3 months from… Read More »
Last month was quite the roller coaster ride. But maybe all this market volatility is a good thing. The rich keep getting richer because the assets they own, like stocks and real estate, continue to grow in value. But this is a worrying signal because high levels of inequality have usually lead to recessions in the past. For someone… 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’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 »