If I exclude house-related assets and liabilities, my net worth is $40 000 (up 1.2% from $39 530).
Assets ($127 360, up 0.3% from $127 028)
- Bank Accounts $2 336 (down 30% from $3 331)
- Emergency Funds $2 454 (down 27% from $3 376)
- RRSP Accounts $33 694 (up 2.7% from $32 815)
- Non-Registered Investments $7 484 (up 19% from $6 293)
- Home $75 600 (stable)
- Arbitrage $5 000 (stable)
Liabilities ($74 825, down 0.8% from $75 419)
- Credit Cards $4 800 (down 2.1% from $4 904)
- Student Loan $1 916 (down 11.6% from $2 167)
- Mortgage $56 360 (down 0.2% from $56 467)
- Heat Pump Loan $7 005 (down 0.7% from $7 054)
- Arbitrage $4 593 (down 2.1% from $4 692)
I wanted to take advantage of the recent downdraft to boost my DRiP portfolio, so I deployed quite a bit of cash from my bank accounts and emergency fund. I may have slightly overextended myself, since I now have little liquidity left beyond the essential. Just as I did this, I got hit with some larger-than-expected car maintenance and repair costs. And my personal computer died last week.
So, for next month, I expect to see my non-house-related liabilities increase, since the unexpected expenses went on the credit cards. I will also need to rebuild some of my cash reserve. But I can still sleep at night, since I still have a fairly reasonable emergency fund.
