Net Worth, Personal Finance

An Update On My Net Worth (January 2018)

Happy New Year Everyone!

 

To start this year, I feel I should check my progress of reaching a net worth of (and also my goal):

“SIX MILLION DOLLARS!”

 

My Current Assets

  • Cash -> $10,527.91
  • TFSA – > $18,467.26
  • RRSP -> $38,089.18
  • Investment -> $10,563.00 (TD stock), $332.90 (Bitcoin Cash), $17.62 (Dogecoin)
  • Car -> $7,588.00
  • Residence -> $90330.08 (This is how much I put down in my condo so far)

“My total assets now is $175,915.95” (+1.79% from November)

 

My Current Liabilities

  • Line of Credit -> $12,656.05

“My total liabilites now is $12,656.05” (-12.68% from November)

 

As a result…

“My net worth now is $163,259.90” (+3.18% from November)

Here were what I did:

  • I withdrawn the profit I made from investing in Bitcoin during the crytocurrencies’ bear market and going to invest this money in the stock market to minimize my risk
  • I used most of my income to pay off my line of credit

 

And as always..

I WOULD NOT GIVE UP!

5 thoughts on “An Update On My Net Worth (January 2018)”

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