May 2018 Dividend Income

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Hello dividend lovers welcome to my May dividend income post. I have seen a few bloggers post their May dividends and they are breaking their own records which is great to see. For me I did not break my record like I did in April. However May was a positive month for me as my year over year income grew. As a dividend investor that is what I want to see.

My portfolio consists of three accounts combined in May I received $369.72 this is an increase of $85.37 compared to May 2017. In my Registered Retirement Savings Plan (RRSP) I received $200.33. In my Tax Free Savings Account (TFSA) $142.84, and in my Locked In Retirement Account $26.55.

TFSA

2017 2018
Artis Real Estate Investment Trust $13.95 $14.22
Boardwalk Real Estate Investment Trust $17.63 $0.00
Boston Pizza Royalties Fund $12.31 $12.31
Chorus Aviation $17.28 $17.48
Corus Entertainment $6.56 $18.05
Inter Pipeline $17.87 $32.62
The Keg Royalties Income Fund $15.24 $15.70
Plaza Real Estate Investment Trust $0.00 $23.61
Canadian Apartment Properties Reit $0.00 $8.85
Total $100.84 $142.84

I saw some nice growth in this account due to my new investment in Plaza REIT and Canadian Apartment Properties REIT, Inter Pipeline and Corus Entertainment.

RRSP

2017 2018
Royal Bank of Canada $66.99 $72.38
Bank of Montreal $62.48 $66.03
BMO US Dividend ETF $31.29 $31.81
Pizza Pizza Royalty Corp $16.76 $16.97
Potash Corp (now Nutrien) $5.99 $0.00
Realty Income Corp. $0.00 $13.14
Total $183.51 $200.33

The main reason for growth with this account was my purchase of Realty Income Corp in January. The rest of the increase is due to dividend increases I received from the other stocks and ETF.

LIRA

Enbridge Income Fund Holdings $26.55

This account is new and I purchased this stock earlier this year so I can’t compare year-over-year.

DRIP

I was able to drip 12 shares in May.

# of Shares
Plaza Real Estate Investment Trust 5
Chorus Aviation 2
Corus Entertainment 2
Artis Real Estate Investment Trust 1
Inter Pipeline 1
Pizza Pizza Royalty Corp 1

Below is a chart to show my future income I will receive from these new shares.

Adding $9 to my forward income is pretty good, not as good as the last two months but it will quickly grow year after year.

2016 to 2018 Dividends

Another month of growth I can’t ask for anything more than that. As you can see February, May, August and November are my weaker months in terms of receiving dividends. I continue my streak of surpassing my 2017 income total for each month here in 2018.

Dividend Goal

This year I have set an ambitious goal of wanting to receive $6,000 this year. At the end of May I am one third of the way there.

Purchases

I made one purchase in May I bought 39 shares of Canadian Utilities for my TFSA account.

Raises

May was a busy in this department for me 🙂

  • Telus raised their quarterly dividend to $0.525 from $0.505
  • Algonquin Power & Utilities raised their quarterly dividend to $0.1282 from $0.1165
  • Power Corp raised their quarterly dividend to $0.3820 from $0.3585
  • Canadian Apartment Properties REIT raised their monthly dividend to $0.1108 from $0.1066
  • Bank of Montreal raised their quarterly dividend to $0.96 from $0.93

 

That is going to do it folks for my May income report. Please feel free to comment below I always like hearing from you. How did you guys make out in May? I hope you received lots of dividends.

May Dividend Income

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Raises 9,10,11,12 and 13th on the Year

Hi everyone I hope you are all doing great, and receiving lots of dividends. Today I am going to share with you some dividend raises I have received in the month of May. For me it seems the raises I receive come in bunches so for this month instead of doing individual posts for each raise. I thought it would be better to combine them in one post. That being said you probably have heard about 3 of the raises as they happened on May 8, 10 and 11th.

Let’s get to the raises shall we!

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On May 8th Canadian Apartment Properties Real Estate Investment Trust announced that they would be increasing their dividend to $1.33 from $1.28. The company pays a monthly dividend so this works out to a dividend of $0.1108 per month up from $0.1066. This is the first increase I have received from this stock and hopefully it won’t be the last.

Income

I currently own 83 shares so with this announcement my monthly income will improve to $9.20 up from $8.85 an increase of $0.35.  My forward income for the year improves by $4.20.

The first payment of the new dividend will take place in June with May’s distribution.

 

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On May 10th like clock work Telus announced another raise for their dividend. For the past few years Telus has increased their dividend twice a year. With this announcement Telus is increasing their dividend to $0.525 from $0.505. Telus pays a quarterly dividend. This is the 6th raise I have received this I first started investing in the company.

Income

I currently own 101 shares so with this announcement my quarterly income will improve by $2.02. My forward income for the year improves by $8.08.

The dividend increase comes into effect with the July 3rd payment.

 

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On May 10th as well Algonquin Power & Utilities announced a raise to their dividend. Algonquin pays their quarterly dividend in US dollars. Their dividend with this announcement increases to $0.1282USD from $0.1165USD. This is the 4th raise I have received from Algonquin.

Income

I currently own 312 shares and my quarterly income will increase by $3.65USD. My forward income for the year will increase by $14.60USD at the time of announcement if I converted the money to Canadian dollars it would be $18.68.

 

Power Corp

 

On May 11th Power Corp of Canada announced a 6.6% increase to their dividend. Power Corp pays a quarterly dividend, with this announcement the dividend will improve to $0.3820 from $0.3585. This is the third increase I have received from Power Corp.

Income

I currently own 116 shares of the company and my new quarterly income will improve by $2.72. My forward income for the year will increase by $10.88.

The new dividend will be payable on June 29 to shareholders of record June 8th.

 

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Today May 30th as expected Bank of Montreal raised their dividend 3 cents. The new quarterly dividend is now $0.96 up from $0.93. This new dividend payout will take effect on August 28th to shareholders of record on August 1st. This is the 8th raise I have received from the bank.

Income

I currently own 71 shares of BMO and with this announcement my quarterly income will increase $2.13. My forward income for the year increases by $8.52.

Well folks that wraps up all my dividend raise announcements. Combined these have increased my yearly income by $50.36, that’s not to bad in my opinion. If you own these stocks congrats on your raises.

Thanks for reading

Matthew

Special Dividend: ZCL Composites Inc

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Hello everyone, today I am going to share with you a special dividend announcement I received from ZCL Composites Inc.

What Is ZCL Composites Inc?

ZCL Composites is North America’s largest manufacturer and supplier of environmentally friendly fiberglass reinforced plastic underground storage tanks. Our mission is to deliver peace of mind through corrosion resistant solutions that preserve and protect the environment. ZCL has two manufacturing plants in Canada, four in the US and one in The Netherlands. The Company serves the FuelWater & Wastewater and Oil & Gas markets.

Source: Company Website

On May 3rd when the company reported it’s first quarter results it announced a special dividend of $0.40 per share to be paid on June 15th to shareholders of record on May 31st. Now I must admit that I was not expecting to get this announcement. I say that because if they were going to payout a special dividend i thought they would have announced it with their 2017 year earnings results when they announced a dividend increase back in March. As a shareholder I am happy to receive this extra income. This is the third year in a row that the company has paid out a special dividend back in 2016 it was $0.50 per share, in 2017 it was $0.65.

Income

I currently own 227 shares so I will receive $90.80 in June which will help me set a new all time high in dividends received in a month.

 

If you own the stock I would like to say congrats on receiving the special dividend.

Thanks for reading my post everybody.

Matthew

Johnson & Johnson Dividend Increase

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Hi everyone happy Thursday. Today I wanted to share with you a dividend increase I received at the end of April. On April 26th Johnson & Johnson announced that they are raising their dividend by 7.1%.

What is Johnson & Johnson?

Johnson & Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.

Source : Bloomberg

 

Dividend

As mentioned above the dividend is rising 7.1%, the per quarter pay out will now be $0.90 per share compared to $0.84. The new dividend will begin on June 12th this year.

Income

I bought my first shares of Johnson & Johnson this year, and I currently own 16 shares. With the rise of the dividend my income will increase $3.84 USD or $4.94 CDN.

This is the first of hopefully many dividend increases I will receive from this excellent company.

 

Congrats to all of the other shareholders who received this raise.

April 2018 Net Worth (+$655.76)

April Net WorthHi everyone and welcome to my net worth report for April. I saw a second straight month of growth so I am quite happy with that. April was a relatively quiet month for me, only one exciting thing occurred I got hired on by the school board that I worked for. Back in November I got hired as a temp/casual worker so fast forward to April a job became available and I was able to apply for it, I went through the interview process and found out I was successful.

So what does this new job mean for me you ask? Well now I am considered a part-time employee and have 20 hours a week that are mine and mine alone. Also since I have a great boss I have been given an additional 17.5 hours per week. So now I currently work 37.5 hours per week vs 32.5. I received a raise with the new job which will help my net worth and the march towards becoming debt free. Also one last thing that I am quite excited about I can now start contributing to a pension plan which will definitely help future me.

Let’s get to the numbers shall we 🙂

April March Change
Cash & Savings $5,312.87 $3,927.48 $1,385.39
Investments $120,214.00 $119,882.67 $331.33
Car $14,282.00 $14,969.00 -$687.00
Liabilities $10,854.79 $10,557.27 $297.52

Cash & Savings ( +$1,385.39)

April March Change
Car Account $911.61 $62.79 $848.82
Cash $559.96 $316.80 $243.16
Emergency Fund $3,841.30 $3,547.89 $293.41

I saw a nice increase in my cash & savings in April as I was able to replenish my cash in my car account. Hopefully sometime in May I will withdraw this money and put it towards my car. My cash on hand and emergency fund both saw increases to their balances as I made an effort to put more money away.

Investments (+$331.33)

April March Change
Locked in RRSP $3,948.00 $3,978.03 -$30.03
TFSA $29,195.00 $28,504.11 $690.89
RRSP $87,071.00 $87,400.53 -$329.53

My investments saw an increase in April but if it wasn’t for the dividends I receive $533 I would have had a loss. I do however like the growth that I received in my TFSA account, I received less than $200 in dividends in the account so I saw some real growth and hope it continues.

Car ( $14,282.00)

I currently own a 2015 Hyundai Elantra GLS and according to Canadian Black Book the value of the car is now $14,282.00. I check this every three months.

Liabilities

April March Change
Credit Card $670.86 $76.44 $594.42
Car $10,183.93 $10,480.83 -$296.90

My liabilities actually increased in April due to some extra spending I had to make. My parents had birthday’s at the end of the month and in early May, I had to get a new sticker for the car and renew my driver’s licence and health card. I made two payments on my car loan.

Net Worth

I am hoping to get my net worth into the $130k range with my next report.

Well that is a wrap for my net worth report. How did you guys do? I hope it was positive, please let me know in the comment section.

 

April Net Worth1

 

April 2018 Income

April 2018

 

Hello everyone and welcome to May. Since we are now into a new month it is time for my favourite post. Last month was outstanding and even better than March. Can you believe it? I can’t, I actually received the most dividends ever which I wasn’t expecting.

For April I received a total of $533.09. Wow my second month in a row of receiving $500 or more. This money was spread over my three accounts that make up my portfolio. In my Tax Free Savings Account (TFSA) I received $172.87, in my Registered Retirement Savings Plan (RRSP) I received $333.67, and finally in my new account the Locked In RRSP I received $26.55.

TFSA

2017 2018
Inter Pipeline $17.87 $32.48
ZCL Composites Inc. $15.24 $30.65
Plaza REIT $0.00 $23.49
Corus Entertainment $6.56 $17.86
Chorus Aviation $17.28 $17.40
The Keg Royalties Income Fund $15.24 $15.70
Artis REIT $13.95 $14.13
Boston Pizza Royalties Fund $12.31 $12.31
Canadian Apartment Properties REIT $0.00 $8.85
Total $116.08 $172.87

I saw a nice increase here due to my new investment in Plaza REIT, ZCL Composites Inc. last year. Also it isn’t much yet but with some stocks you can see small increases that is from dripping my stocks.

RRSP

2017 2018
BCE $78.93 $101.93
TransCanada $63.75 $70.38
Telus $48.00 $50.50
Algonquin Power & Utilities $47.78 $45.08
BMO US Dividend ETF $31.29 $31.74
Pizza Pizza Royalty Corp $16.76 $16.90
Realty Income Corp $0.00 $12.92
Alimentation Couche-Tard $0.81 $3.78
North West Company $0.32 $0.32
Leon’s Furniture $0.10 $0.12
Total $287.74 $333.67

The big increase for this account is the investment I made in BCE earlier this year. Also BCE is the first stock to pay me $100 or more in a single dividend payment. What also helped were dividend increases from TransCanada and Telus.

Locked In RRSP

Enbridge Income Fund Holdings $26.55

I have just the one stock in this account. I should received the same each month until the dividend is raised.

DRIP

In April I was able to drip 19 new shares.

# of Shares
Plaza REIT 5
Algonquin Power & Utilities 3
Chorus Aviation 2
Corus Entertainment 2
Telus 1
BMO US Dividend ETF 1
Pizza Pizza Royalty Corp. 1
Artis REIT 1
BCE 1
Inter Pipeline 1
TransCanada 1

I have decided to add a chart to this post and below will show you the future income I will receive from these new shares I receive through the drip.

The numbers continue to go higher which is great to see.

2016 to 2018 Dividends

2018’s numbers are looking good so far I have been able to beat my 2017 numbers each month so far.

Dividend Goal

As most of you know I have set a goal this year of wanting to receive $6,000 in dividends. So far after 4 months I received close to $1,800 if all the numbers stay the same until the end of the year I am on track to receive $5,395.86 which is outstanding for me. This number should increase however through future dividend increases and stock purchases this year.

Purchases

There were no purchases this month, I sat back and collected my dividends.

 

Raises

My portfolio received one raise in April.

  • On April 26 Johnson and Johnson raised their dividend 7.1% it went from $0.84 to $0.90 per share payout quarterly.

 

Well folks that’s a wrap for my post. How did you do in April? Please feel free to let me know in the comment section below.

March 2018 Net Worth (+$4,146.66)

Networth

Hey everyone, I hope you are doing well. Today I will be sharing with you my net worth for March. As you can see in the title March was a positive month for me, my first of 2018. A big reason for the increase in March was because I received my tax refund and put it towards my debt. Hopefully by the end of this year I will become debt free and that should have a big impact on my net worth.

All numbers below are as of March 31, 2018.

March February Change
Cash & Savings $3,927.48 $4,322.29 -$394.81
Investments $119,882.67 $119,722.94 $159.73
Car $14,969.00 $14,969.00 $0.00
Liabilities $10,557.27 $14,862.54 $4,305.27

Cash & Savings (-$394.81)

March February Change
Car Account $62.79 $909.53 -$846.74
Cash $316.80 $412.76 -$95.96
Emergency Fund $3,547.89 $3,000.00 $547.89

My cash is down slightly last month and the reason for this is I withdrew a large amount from my car account and made an extra payment in an attempt to pay off my loan quicker. My emergency fund saw a nice increase, over time I would like to increase this number back to $10,000.

Investments (+$159.73)

March February Change
Locked in RRSP $3,978.03 $3,818.94 $159.09
TFSA $28,504.11 $28,364.18 $139.93
RRSP $87,400.53 $87,539.79 -$139.26

March saw me eek out a small gain in my investments. As you all know, I am a dividend investor and March saw me receive a record amount of dividends $519. Without that I would have had a down month.

Car ($14,969.00)

I currently own a 2015 Hyundai Elantra GLS, I check the value every three months. I will update this figure in my April update.

Liabilities

March February Change
Credit Card $76.44 $78.19 $1.75
Car $10,480.83 $12,459.68 $1,978.85
Family Loan $0.00 $2,324.67 $2,324.67

March was an excellent month for my liabilities I was able to reduce what I owed in every category above or eliminated it altogether. On my car I made two regular payments and an extra payment of $1,700. Thanks to the tax refund I received I was able to completely repay the loan to my family loan.

Total Net Worth

I love seeing that net worth grow and hopefully now it will start growing month over month.

Well that wraps up my March net worth report. As you saw a big reason for the growth this month was due to debt repayment. It felt great paying off all that money and I don’t have any plans on taking on more debt anytime soon.

I hope you all had a great month of March and saw your net worth growth.

Thanks for reading

Matthew

March 2018 Income *Best Month Ever*

March 20182

Hi everyone hope you all are doing awesome. Today I am very happy to share with you my March income report. One reason why I’m happy to share it is because it was the best month I have ever had so far. Also I have seen a number of bloggers growing their income and receiving a record amount of dividends in March, and I’m happy to continue that streak.

In March for the first time I received a dividend payment from my third account which I transferred to my control in February. So going forward I will probably have a record month going forward but I won’t continue to talk about it. I mentioned in this post about it being the best month ever because it’s the very first time I received an amount that started with a 5 in front of it. 🙂

So let’s get to it. So March saw me receive $519.44 from 20 stocks and 1 ETF.

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My portfolio now consists of three accounts the Registered Retirement Savings Plan (RRSP), the Tax Free Savings Account (TFSA) and the Locked in RRSP account. I received $356.13 in my RRSP (record amount), $136.76 in my TFSA and finally $26.55 in my Locked in RRSP.

RRSP

2017 2018
Enbridge $54.80 $97.30
Fortis $64.40 $68.43
Canadian Utilities $55.41 $60.96
Power Corp $12.06 $41.23
BMO US Dividend ETF $29.50 $29.50
Johnson & Johnson $17.16
Pizza Pizza Royalty Corp $16.76 $16.83
Realty Income Corp $13.25
Microsoft $5.93
Bank of America $5.54
Exco Technologies $8.00
Westjet $7.00
Total $247.93 $356.13

March was a great month for my RRSP account I received a record amount of money. One reason for this was my increased investment in Enbridge last year, and Power Corp early this year, and my new investments into Johnson & Johnson, Microsoft, Realty Income Corp and Bank of America which were made this January and February.

Also to note that in June when these stocks pay me again Fortis payment will be higher as I bought more shares earlier this year but I just missed the record date and I have to wait until the next payment date.

TFSA

2017 2018
Inter Pipeline $17.87 $32.34
Corus Entertainment $6.56 $17.67
Chorus Aviation $10.92 $17.32
The Keg Royalties Income Fund $15.24 $15.70
Artis REIT $13.95 $14.04
Boston Pizza Royalties Fund $12.31 $12.31
Plaza REIT $11.70
Canadian Apartment Properties REIT $8.85
Canadian National Railway $6.83
Boardwalk REIT $17.63
ZCL Composites Inc $82.55
Total $177.03 $136.76

Another pretty good month for this account. The amount is lower than last year however it is only lower because ZCL Composites Inc’s payment last year was a special dividend and they are not paying one this year. Since you can’t count on special dividend’s every year I am going to say this account grew for me. Reasons for the growth are my increased investments in Inter Pipeline, Corus Entertainment and Chorus Aviation, also through dividend increases and dripping my stocks which started last month.

Locked in RRSP

Enbridge Income Fund Holdings $26.55

This as mentioned above is the first payment I have received in this account. I only hold this stock in the account and it pays a monthly dividend so you will probably be seeing this number for a few months until they increase their dividend.

DRIP

In March I was able to drip a lot of shares (in my opinion 🙂 ) 15 in total.

# of Shares
Enbridge 2
Fortis 1
Canadian Utilities 1
Pizza Pizza Royalty Corp 1
Artis REIT 1
Inter Pipeline 1
Plaza REIT 3
Chorus Aviation 2
Power Corp 1
Corus Entertainment 2

I have decided to add a new chart to these monthly income posts. This new chart will show you the amount of money these dripped shares will provide me in the future.

2016 to 2018 Dividend Comparison

As you can see my numbers for 2018 are higher than 2017’s which is positive and should hopefully continue throughout the year.

Dividend Goal

 

I have set a goal this year of wanting to receive at least $6,000. Last year I received $4,300 so it is quite a jump. Through the first three months of the year I am off to a good start on my goal.

Purchases

Compared to February where I made 8 purchases March was very slow as I only made one purchase.

  • March 8th I bought 502 shares of Plaza REIT

 

Raises

I received two raises in March.

  • March 7th ZCL Composites Inc. raised the dividend to $0.135 from $0.12
  • March 14th Realty Income Corp raised the dividend to $0.2195 from $0.219

 

Well folks that wraps up my March income post. Thanks for reading. How did you do in March? Please feel free to let me know in the comment section below.

Thanks

Matthew

March 2018

Seventh Raise of the Year

Realty Income Corp

 

Back on March 14th Realty Income Corporation announced its 96th dividend increase since it listed on the NYSE in 1994.  I first purchased Realty Income Corp in January so I was quite happy when I heard the announcement.

What is Realty Income Corp?

Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,000 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the company has declared 568 consecutive common stock monthly dividends throughout its 48-year operating history and increased the dividend 93 times since Realty Income’s public listing in 1994 (NYSE: O). The company has in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology, and capital markets capabilities.

Dividend

With this raise the dividend increases to 21.95 cents from 21.90 cents.

Income

I currently own 47 shares of the company so my income will increase by $0.03 per month or $0.36 annually.

Hopefully this will be the first of many raises from Realty Income Corp. Congrats to all my fellow shareholders as well.

Thanks

Matthew

February 2018 Net Worth ( -$1,387.78)

February

Hey folks how are you? Today I get to share with you my net worth for February. I saw another down month my second straight to start the year. I’m not to concerned with this I know it’s short term pain for long term gain. In fact I’m surprised my net worth wasn’t lower. Why do I say this?? Well my net worth is overwhelming tied to the stock market. In February we saw some volatility with the markets. I believe I took advantage of the situation as I bought stocks 8 times during the month.

With this post three numbers will stand out to you as you read it. They are my cash, investments and liabilities. As I mentioned above about all the purchases I made I needed cash to make it happen. Also last month on Twitter I put up a poll mentioning that I was seriously thinking about taking out a loan from a bank to put towards investing. The poll was my most popular to date and 85% of you voted that I shouldn’t borrow to invest. I received lots of advice on the poll as well. I will you now before you read it that I did borrow money I went against your advice. Why did I do it? Well you see someday I would like to retire and at the moment I don’t have a pension so I need to get my money working for me for as long as possible. I don’t mind paying the money back, especially the amount I borrowed. I borrowed a total of $3,000, instead of borrowing from a bank I asked my family if they had any cash lying around that they weren’t using. They gave me the money interest free and I pay them back every couple of weeks.

Let’s get to the numbers shall we.

All of the numbers below are as us February 28th, 2018

February January Change
Cash & Savings $4,322.29 $10,738.13 -$6,415.84
Investments $119,722.94 $112,588.89 $7,134.35
Car $14,969.00 $14,969.00 $14,969.00
Liabilities $14,862.54 $12,756.58 $2,105.96

Cash & Savings ( -$6,415.84)

February January Change
Car Account $909.53 $565.90 $343.63
Savings $412.76 $2,803.58 -$2,390.82
Emergency Fund $3,000.00 $7,368.65 -$4,368.05

Reducing my cash just over $6,000 in one month is not a decision I made lightly, I believe my decision was the right one and I will see the results later down the road. At the time of the decision my cash was earning me between $4.00 and $4.50 in interest per month. By putting that money to work for me in the stock market I will be earning over $300 annually in dividends.

I will be easing up on my investing and will start to rebuild my cash pile in the future. The car account is close to $1,000 and once it hits that mark I will withdraw the money and make an extra payment on my car.

Investments ( +$7,134.35)

February January Change
Locked in RRSP $3,818.94 $3,995.89 -$176.95
TFSA $28,364.18 $26,225.00 $2,139.18
RRSP $87,539.79 $82,368.00 $5,171.79

Locked In RRSP

A slight decrease to the value of this account, during the month I took over full control and moved my money out of a mutual fund and invested in Enbridge Income Fund Holdings. I expect the value of this account to rise over time.

TFSA

This account saw growth from the cash I put into it and through the buys I made.

RRSP 

This account grew the most as this is where I hold most of my blue chip stocks and a few of them came on sale in February 🙂

Car ($14,969.00)

I currently own a 2015 Hyundai Elantra GLS, I check the value every three months. I will update this figure in my April update.

Liabilities

February January Change
Credit Card $78.19 $0.00 $78.19
Car $12,459.68 $12,756.58 $296.90
Family Loan $2,324.67 $0.00 $2,324.67

Credit Card

I owed $78.19 on my credit card at the end of the month.

Car

I made two payments in the month of February reducing what I owe to $12,756.58.

Family Loan

As I mentioned above I borrowed $3,000 to invest with, I have been able to pay back $675.33.

Total Net Worth

Well as you can see I had another down month but I’m not worried, hopefully I will see a rebound in March.

Well folks that wraps up my February net worth report. How was your month? Did your net worth go up?

Thanks for reading

Matthew