Friday, September 2, 2011

Net Worth Update

As of September 1st, my net worth was $143 703 (down 2.2% from $146 887). If I exclude house-related assets and liabilities, my net worth was $97 126 (down 3.7% from $100 844). The last two months were hard on my net worth, due to expenses related to my vacation. This was compounded by the volatile markets, which cut down the value of my investments.

Assets ($239 189, down 1.5% from $242 779)



  • Bank Accounts $3 782 (down 24% from 4 927)

  • Emergency Funds $4 000 (up 2% from $3 922)

  • RRSP Accounts $67 154 (down 3.6% from $69 641)

  • Non-Retirement Investments $35 228 (up 1.3% from $34 761)

  • Home $100 530 (stable)

  • Car $28 041 (down 1.7% from $28 517)

Liabilities $95 486 (down 0.4% from $95 892)



  • Credit Cards $4 473 (up 41% from $3 169)

  • Mortgage $53 953 (down 1% from $54 487)

  • Line of Credit $0 (stable)

  • Car Loan $36 998 (down 3% from $38 154)

Ratios



  • Debt / assets: 0.399 (up from 0.395)

  • House value / total assets: 0.420 (up from 0.414)

You may have noticed that my net worth updates are now bi-monthly instead of monthly. This started out because of the timing of my vacations over the summer, but since I have found that I've got less time to blog, I will probably keep it that way moving forward. I still track my numbers every month, though I will only report them every two months.


Chances are that my next update will also show negative results, because we are replacing the roof in September.

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