Saturday, March 15, 2008

net worth update march, 2008

Results for the 2 months ended March 14, 2008.
  • Debt/Asset Ratio was flat at 0.54%
  • Net Worth moved up 0.9%
  • Total Assets were flat
  • Total Liabilities decreased 0.7%
  • House Value/Total Assets remained flat at 73.0%
  • Non-Registered Portfolio grew 1.2%

What a terrible 2 months for the stock markets! The S&P 500 index was down 9%, and our non-registered portfolio has returned negative 10.3% year to date in 2008. As mentioned our son's RESP account was added into the fold this period, so it contributed to assets and net worth accordingly. Every investment account we own with the exception of our non-registered portfolio was in negative territory for the period in absolute terms. The fact that we continued to keep our head above water with our asset, and net worth numbers given the rough markets, is a good indicator of how well we are still saving despite our reduced income.


Anonymous said...

Beats the pants off my network update. I did an update on Monday and found i lost 3.5% in 2 months. The markets didn't like me or i am a foolish investor... Maybe 20 years from now i will look back and laugh?


yohann said...

very nice blog !

i am impressed by the slope of your net worh increase.

I am living in france, and it took me more than 2 years to go from 50 000€ to 100 000€.

could you please provide more info about how you did it ? I saw that you had some 6 000$ increase per month when going from 83k to 95k, was it only salary?

anyway, thanks for your blog