Ok, I normally only do net worth updates every second month, but this month is an exception. I ran the numbers to confirm not my net worth, but rather what my investment net worth . So in total my investment net worth is $108,300 which is now more than my mortgage balance $107,900. So as you can see below I hit a cross over point of the yellow and blue lines (click image to see a larger version).
This cross over isn’t nearly exciting of a cross over as being financially independent, but it is exciting to me regardless. Since it represents my mortgage is on such a decline I could sell every investment I own and nearly pay it off (I would be short the tax penalty from taking out of my RRSP’s). I don’t plan on doing that, but it is merely an option.
In some regards this is meaningless number with just two lines crossing over on a graph. Yet I’ve gave it meaning in order to keep me motivated on this path. I’ve always found I do better with longer term goals is I have little steps on the way there.
So as I go into this long weekend I intend to celebrate a bit on making it to this point. I’ve got a long way to go, but at least I’m getting there. (By the way, no posts on Friday or next Monday I’m taking the weekend off.)