{"id":1278,"date":"2017-04-02T17:55:47","date_gmt":"2017-04-03T00:55:47","guid":{"rendered":"http:\/\/letstalkaboutmoney.ca\/?p=1278"},"modified":"2018-03-03T14:04:21","modified_gmt":"2018-03-03T22:04:21","slug":"march-2017-investment-portfolio-growth","status":"publish","type":"post","link":"https:\/\/letstalkaboutmoney.ca\/march-2017-investment-portfolio-growth\/","title":{"rendered":"March 2017 – Investment portfolio growth"},"content":{"rendered":"
Let’s take a look at my investment portfolio growth for the month of March 2017. \u00a0My index funds started the month off with a bang, with the 3 equity funds making a big jump. I also completed moving my day-to-day funds from TD Bank to Tangerine, which allowed me to move the $2,000 that I kept in my chequing account to waive the bank fees into an interest earning account.\u00a0For a description of my assets, see a detailed explanation of My Portfolio<\/a>.<\/p>\n <\/p>\n March saw an increase in all 4 of my TD e-Series Index Funds. \u00a0I mainly benefited from the jump in fund prices that happened on March 1, and saw some ups and downs after that throughout the rest of the month. \u00a0I was able to add more than usual to all of my funds this month, as I had to make up for February (where I held back funds to ensure a successful transfer of banks)<\/a>.<\/p>\n <\/p>\n The international and Canadian index funds were the stand out this month, and my overall TFSA portfolio saw an increase in value of $152! <\/strong>This excludes the amount I added myself.<\/p>\n <\/p>\n March was my first full month holding an extremely aggressive equity portfolio for my relatively small RRSP fund. \u00a0I discontinued my monthly $25 contribution due to changing banks, but will make more infrequent and larger contributions throughout the year.<\/p>\n <\/p>\n In March, I finally made the change for my short-term savings from a TD high-interest savings account (0.5%) to a Tangerine high-interest savings account (0.8%). \u00a0I was also able to add the $2,000 I usually store in my chequing account the waive fees. \u00a0I topped up the account with some extra savings this month as well that I wasn’t able to make in February due to being inbetween banks.<\/p>\n <\/p>\n The interest I’m making isn’t a lot higher than at TD, but it is still noticeably higher. \u00a0In future months I may again move to a higher interest account at another bank, but one step at a time.<\/p>\n As I said above, I no longer need to keep money in a chequing account to waive bank fees, and Tangerine has no fees associated with it’s day to day chequing accounts. \u00a0This money was moved to my short term high-interest savings account.<\/p>\n Equity in my home continues to rise a little bit every month.\u00a0 The estimated equity value below makes a few assumptions:<\/p>\n <\/p>\nOverall Assets<\/h2>\n
TFSA TD e-Series Index Funds<\/h2>\n
RRSP Mutual Fund<\/h2>\n
<\/h2>\n
High Interest TFSA<\/h2>\n
Chequing account<\/h2>\n
Home Value<\/h2>\n
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Car value<\/h2>\n