See how my financial assets did in the month of November 2016, including my index portfolio results. This is when I made my start in the world of index investing, and was my initial purchase of my TD e-Series Index Funds. They were bought mid-month, and have already shown some initial gains. For a description of my assets, see a detailed explanation of My Portfolio.
|Asset||November 2016||December 2016|
|TFSA Index Funds||$0||$12,097|
|RRSP Mutual Fund||$1,651.54||$1,688|
|High Interest TFSA||$18,615.09||$6,619.79|
*Return calculated by subtracting the previous month value and amount bought from the current month value.
High Interest TFSA
There was a lot of movement in my High Interest TFSA this month, as I moved a majority of it to my index fund investments. There may be some education costs in my short-term future, and I like to keep some money accessible in case of emergencies, so I left a fair amount in this account.
|Asset||November 2016 value||Amount added||Interest received||December 2016 value|
|TD High Interest Savings Account*||$18,615.09||-$12,000||$4.70||$6,619.79|
* 0.45% interest rate
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.
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
|Condo value||Initial mortgage||November 2016 mortgage remaining||December 2016 mortgage Remaining||December 2016 equity||November 2016 equity increase|
This ever depreciating asset didn’t lose any grounds in Canadian Black Book‘s value estimate. I certainly don’t see my car as any sort of investment, but since it has value as an asset, I include it,
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.