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Tuesday, March 28, 2017

Oct 2014 – Investment Update

Posted by Tim Stobbs on December 10, 2014

Here is our second month of trying to catch up on this updates.

The following is an update of Tim’s plan to retire early.  Please note we are mortgage free, and the house equity isn’t part of the retirement plan.

To track my progress I’ve decided to track both my expenses and my investment gains.  So once the investments gains are consistently beating my expenses I’m financially independent and can stop working.  I use a trailing 12 month average on spending (but excluding vacations) and a trailing 12 month average on investment results.

Investments

Account (Contribution), [+/- Gain or Loss less contributions]

RRSP $38,650 ($0), [+$530]
LIRA $14,450 ($0), [+$0]
TFSA $46,680 ($0), [+$1350]
Pension $104,220 ($1000), [+$390]
Wife’s RRSP $68,040($2000), [+$1590]
Wife’s TFSA $42,150 ($0), [+$570]
High Interest Savings Account $1850 (+$600),[+$0]

Investment Net Worth $316,040 ($3600), [+$4430 or +1.4%]

(YTD Contribution: $40,951), [YTD Gain: $18,619 or +6.4%]

Additional Lump Sum Payment to LOC: $6000 (YTD total)

Average Monthly Gain (12 month rolling) $1794

Spending

Last Month $648

Nope, that isn’t a typo.  This was our lowest spending month ever.  Even with us hosting Thanksgiving for the family.  How?  Just a bit of dumb luck and being busy.  It’s hard to spend money when you are really busy doing other things that don’t cost you anything.

Trailing Last 12 Month Average $2651

Results

Number of months trailing average spending covered by trailing investment gains: 0.67 {Target 1.0 or higher}

PF Score: 22.5 {Target 32}

Net Worth ~$716,040

Commentary:

Well after last month’s horrible results, it was nice to see a bit of bounce back this month.  It also helped my wife managed to push some extra cash into the market on towards the low end so when it came back it helped push up her RRSP nicely.

Again we put some extra cash on the LOC to continue to pay it down.  I want to use that cash flow for those payments switched over to supporting investments in 2015.

Any questions?

(click to make bigger)

Oct 2014 Investment Net Worth

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