Thanks for stopping by and providing your own story of how it has worked out for you.

I’m aware my priorities may shift around over time. After all a kid was one of the biggest changes to my life so far.

CD

10 years ago I was doing the same calculations (at the same age) and wondering how things would work out. I’m glad to say that they did and perhaps it was through constant financial tracking and a bit of luck.

Now I think about my kids and how things seem to be getting more financially difficult. A fair amount of my savings are directed to their future.

It will be interesting to see how your blog evolves over time to see if the same developments occur to your family as they have to mine. Some of the things I will be looking for are increased RESP funding, simplified financial tracking (since kids activities tend to take a lot of free-time), increased funding for kids activities and entertainment and the realization that one’s retirement goals will likely slip further into the future.

HGM
Ottawa

Investments are as follows:

My RRSP and LIRA accounts both are broken down as:

25% bond index
25% Canadian index
25% US index (S&P 500)
25% International Index

The wife’s account is broken down into a couple of Canadian mutual funds. Which we are thinking about changing, but we are waiting to get a year worth of data between the index investing and her account to benchmark the performance.

Then the wife investment account holds two stocks. One is a junior diamond mine which is a complete speculation play, while the other is EIT.UN a fund made up of income trusts and ,starting earlier this month, other companies with decent yield.

CD

The rest is all your ‘house’ increase. What investments do you have of your own?

What stocks/bonds do you own?

Please get a user account if you want me to tell you apart from anyone else otherwise you just blend into anyone using the Anonymous option.

Didn’t I just state that in my post that I know that my house value is messing things up?

The -8% doesn’t include commission. I would still avoid paying someone to sell my house, but that -8% does reflect the fact if you want to get a house sold RIGHT AWAY you have to price it just under market ( around -5%). I may actually clear more than that, but for the net worth posts I had to come up with a standard formula. So hence the -8% of market value.

CD

(Same reasons as before). And finally you’re starting to understand them as well. But this time you accounted for the -8% when you do sell. (Last time your rebuttal was selling commission free!). Right!