One of the main reasons for my blog and investment update hiatus over the last few months, was that I was in the process of both selling my condo, and purchasing a townhouse with my partner. This purchase had a major impact on my investments, as I sold a large amount of my investments to contribute to my new down payment. Today I do a recap of my investments, savings and equity, to see where I'm at after the (most likely) biggest purchase of my life. Overview Here is an overall look at my net worth, broken up into 3 main categories: My investments mainly consist of different …
Managing your personal finances isn’t easy
Let’s Talk About Money is a personal finance blog that uses concrete numbers to talk about making financial decisions, and how to become a ‘Do-it-yourself investor’
Let’s Talk About Money provides a place to talk about how to make smart decisions with your money, and how you can let your wealth grow over time. There are no definitive answers when trying to figure out what to do with your money, but hopefully my example can provide you some insight and direction when you make a decision.
I look at investing using index funds, Tax Free Savings Accounts (TFSA), Registered Retirement Savings Plans (RRSP) and Mutual Funds, and try to provide guidance based on the questions I had as I got started. I also look at tracking your money and making smart day to day decisions that maximize how far your pay cheques go, and how to really make your money work for you.