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Saturday, March 25, 2017

Nov 2014 – Investment Update

Posted by Tim Stobbs on December 11, 2014

Here is our third month of these updates, which brings us back up to where we should be.

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 $39,280 ($0), [+$630]
LIRA $14,750 ($0), [+$300]
TFSA $48,530 ($0), [+$1850]
Pension $106,940 ($1000), [+$1720]
Wife’s RRSP $69,120 ($0), [+$1080]
Wife’s TFSA $43,830 ($0), [+$1680]
High Interest Savings Account $1120 (-$730),[+$0]

Investment Net Worth $323,570 ($270), [+$7260 or +2.2%]

(YTD Contribution: $41,221), [YTD Gain: $25,879 or +8.7%]

Additional Lump Sum Payment to LOC: $8000 (YTD total)

Average Monthly Gain (12 month rolling) $2377

Spending

Last Month $5995

Nope, that isn’t a typo, either.  This month was full of odd spending.  First up we started Christmas shopping.  Then we bought $2000 in gift cards as part of a school fundraiser, so I just prepaid for the next six months of groceries.  So the good news is this should balance out over the long haul.  It just looks messy right now.

Trailing Last 12 Month Average $2681

Results

Number of months trailing average spending covered by trailing investment gains: 0.89 {Target 1.0 or higher}

PF Score: 22.5 {Target 32}

Net Worth ~$723,570

Commentary:

So in summary, Sept sucked, Oct was better, but Nov was great! It was good to see another positive month for gains.  As you can notice now with the size of our investment net worth I see the shifts in the market much more impacting our gains and losses.  So a swing up or down $5000 is fairly easy to see in a month.

Again we put some extra cash on the LOC to continue to pay it down.  We should have about one more lump sum payment in Dec and it should be done.

Any questions?

(click to make bigger)

Nov 2014 Investment Net Worth

Comments

3 Responses to “Nov 2014 – Investment Update”
  1. .89! You’re almost there!

  2. diharv says:

    You must have a a well diversified balanced portfolio in your investment accts. The way the markets tanked in Oct and now in the last several weeks I’m surprised to not see any month over month declines in any of your accts. I’ve taken a bit of a beating in the last few months myself ! Gonna be a good time to buy sometime soon I’ll bet.

  3. Tim Stobbs says:

    @diharv – Most of the accounts are diversified, but not all. The TFSA are individual stocks so there we just got lucky. Dec isn’t looking so good right now, but that is fine. If prices stay down into January we can put some cash into the TFSA and go shopping for deals.

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