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.
Overall
| 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 |
| Chequing account | $2,000 | $2,000 |
| Home Equity | $24,893.35 | $25,229.74 |
| Car | $9,110 | $9,110 |
| Pension | $44,153 | $44,153 |
| Total | $100,422.98 | $100,800.53 |
*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
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.
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
| Condo value | Initial mortgage | November 2016 mortgage remaining | December 2016 mortgage Remaining | December 2016 equity | November 2016 equity increase |
|---|---|---|---|---|---|
| $183,000 | $175,015 | $158,106.65 | $157,770.26 | $25,229.74 | $336.39 |
Car value
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
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.