Hello everyone and welcome to my October net worth post. How was your September? For me, September was a good one on the health and work front. School’s restarted here and I work as a custodian in one of my local school boards, so far everyone is safe and healthy at my school. On the financial front I spent more money than I normally do which I will share with you below. Also the stock market was more volatile and took my investment portfolio lower.
Cash & Savings ($7,561.41) – $146.74
Not much going on with my RBC accounts. My cash account is money I have set aside to go towards my credit card bill when it comes in. I earned a big $0.08 in interest for my emergency fund. I should really look to see if there are better options out there to increase the money I earn in interest.
In September I didn’t put as much away in savings as I normally do. I spent a bit more money this month on a couple of things. The first being I bought new snow tires and rims for my new car that cost about $1,050 and the second biggest expense in the month was my annual subscription to Globe to Go the digital version of the Globe and Mail newspaper which cost after taxes $330.
Investments ($182,401.78) – $3,736.16
Due to the volatility of the stock market in September my portfolio fell in value by 2.01%. Their was one positive in the month the first being that my portfolio received over $700 in dividends. Also I made a number of changes to my portfolio particularly my TFSA account not sure how it will affect the growth over time.
I own a 2020 Hyundai Kona which I bought in June. I plan on updating this annually.
Liabilities ($26,991.63) – $1,673.10
Car loan ($22,541.63) – $323.10
Loan ($4,450) – $1,350.00
I continue to make bi-weekly payments on my car. I did however this month decide to make an extra payment of $1,000 to my parents to help payoff the loan to them.
After five straight months of gains my net worth saw a decrease of 1.17% to its value due to the stock markets ups and downs in the month. With the stock market making up so much of my net worth I expect these things to happen.
Hope everyone had a great month!