Thursday, July 15, 2010

net worth July, 10

It's time to report my bimonthly net worth. It's been a pretty stagnant two months.

Net worth results for the 2 Months Ended July 15, 2010:
  • Debt/Asset ratio stayed at a record low of 0.44
  • Net Worth rose 0.6% (to a record high)
  • Total Assets rose 0.7% (to a record high)
  • Total Liabilities increased by 0.8%
  • House Value/Total Assets fell to 58.5% (a record low)
  • Non-Registered Portfolio grew 0.4% (to a record high)

2010 Calendar Year to Date Gain/Loss: +9.4%

It's been a fairly flat to down two months on the stock markets. Personally we have refinanced our mortgage by lumping in our home equity line of credit, legal fees, and a little bit more which caused our liabilities to rise slightly. This mortgage adjustment should enable us to ramp up our asset growth going forward as we have extended our amortization to 35 years. We saved a decent amount of money over the last 60 days and most accounts experienced slight increases in value.

2 comments:

吳婷婷 said...

一時的錯誤不算什麼,錯而不改才是一生中永遠且最大的錯誤............................................................

Pierre-Olivier Langevin said...

I really agree with Blogger 吳婷婷, but I think he's leaving a bit to much comments on your blog. By the way, congratulations for your net worth!