I take another look at my investment portfolio growth for the month of January, where I saw some declines for my portfolio of TD e-Series index funds. See how my financial assets did overall in the month of January 2017. For a description of my assets, see a detailed explanation of My Portfolio.
Overall Assets
TFSA TD e-Series Index Funds
January saw a small drop in all 4 of my TD e-Series Index Funds. I invested an additional $1,053 across the 4 funds to keep as close to my targets of 23%/23/%/23%/31% as possible. Unfortunately, I saw a return of -$90.14 across the whole portfolio in Janauary. Never nice to see, but just part of long game of index fund investing. I received a small (reinvested) dividend payout from my Bond index, but nothing from the 3 equity index funds.
Overall, I’ve still seen a net gain of $233 on my index investments since November 2016. January reached a high gain of $387 and ended the month at it’s lowest point.
RRSP Mutual Fund
It’s still on my to-do list to divest from this actively managed mutual fund, but I still haven’t gotten around to it yet. I continue to pay $25 a month into this investment to meet requirements of the Home Buyers Plan repayment. This investment also showed a a loss this month, more-so than my index portfolio.
High Interest TFSA
This 0.5% ‘high’ interest account continues to be my vehicle for my short term savings. I’ve decided this month that I’m going to move this money to a higher interest account at a different banking institution, but have not gotten around to it yet.
Chequing account
The savings I keep in my chequing account stays steady at $2,000, which waives my $3.95 monthly account fee. See why I decide to invest $2,000 to waive this fee. Over the next few month’s I will be looking at changing banks so that I can either invest this money or move it to a high interest account, but in the mean-time, it continues to save me almost $4 a month.
Home Value
Equity in my home continues to rise a little bit every month. The estimated equity value below makes a few assumptions:
- The value of my property has remained the same (unlikely)
- Does not include fees and costs associated with selling
Car value
My car lost value this month based on average selling prices based on Canadian Black Book‘s value estimate. Again, I certainly don’t see my car as any sort of investment, but since it has value as an asset, I include it.
Pension
Pension updates are only sent to me once a year, so the value looks the same (even though it’s not). Both me and my employer continue to add monthly to this pension program.