In Budget Roundups, Money

November 2019: The Net Worth and Investments

Sherry’s November 2019 Net Worth

$900,986.95
Or an increase of…
+$18,860.49 or +2.12%

I DID IT! I HIT $900K!

Now, I am $100K away from being a real live millionaire. ME.

ME. A MILLIONAIRE.

Can you believe this? I can’t.

Ahem.

YES!!!!

Fixed Assets finally lower than Liquid Assets

So, I am very happy that my liquid assets are now HIGHER than my fixed assets.

My general goal is to have my fixed assets be 10% or less of my total portfolio. I don’t want to be house rich.

This means I need to have about $4.18 million saved as my net worth. FOUR MILLION. That is a big ass goal, seeing as I am almost reaching $1M and I am already halfway through my career at 36.


We shall see.

My ultimate pie in the sky goal is 10%. I’d love this.

Other than that, pretty happy with the way things are going.

This is how I invest half of money in the stock market and the other half is split between alternate lending (Lending Loop review here), and mostly in dividends (here is my dividend short list of stocks I was looking at to buy for Canada and the U.S.)

How my net worth breaks down

I have 16% in cash, but I was thinking about it, and I have about $50K in income coming in in the next few months, so I might throw another $50K into the market in anticipation, so that it gets invested ASAP.

My house is also below 50% which I am very happy about.

When I initially purchased my home, it became 57% of my net worth, which I didn’t love. My real goal is to have my home be 25% of my net worth, and eventually reach 10% of my net worth over time.

I also keep Capital Gain stocks very low because I don’t want to bet the farm on one company doing well or not, but I do want to be ‘in the game’, so to speak.

Index funds have been lagging lately, ever since I dropped $50K into dividend purchases so I am switching my focus back to index funds for my next $50K, and will likely rebalance it back out so I am not so heavily invested in the U.S.

If you are interested, my money is parked here:

  • EQ Bank: Good, general 2.3% high interest savings account; subject to change
  • Tangerine: Use my Orange key { 32726976S1 } for free money ($50 once you deposit $100; and I get $50 too)

…credit card extra rewards cashback savings here:

  • PayTM Canada is also how I pay my municipal taxes, utility bills and so on with my bank and my CREDIT CARD (yes!! TO GET CASH BACK) plus I earn PayTM points for Amazon, Starbucks gift cards etc… Use my referral code [ PTM210713 ] for a free bonus 5000 points ($5 gift card).

…and invested here:

This is what my net worth looks like from the past 12 months:

These jumps you see, they are just from the fact that I work.

When my net worth graph plateaus or drops, it USUALLY means I quit working.

I make a decent income and I do save it. My savings rate is about 86% this month even though I spent a ton this month (I made more this month too, unlike last month where I worked only 2 weeks).

What my investments look like

I’ve broken it down into individual stocks and indexes, so you can see how I have my money invested.

I am VERY heavily invested in banking (it’s just so easy….. and pays dividends!) but I don’t like having money in any one industry too strongly, so I am holding off and building up my other areas.

I try not to have more than $25K in any one stock, so I have stuck to that for the most part.

Namely: Utilities, Food, and REIT, are my next ones to focus on.

The U.S. Index is another big ass chunk of my money, and I need to beef up the other indexes, which I will do when I rebalance this month.

Oil and Marijuana are very risky bets by the way.

I’m still mad about oil being so low. With all of this uncertainty, and oversupply on the market, I am in for the long.. LONG haul I guess.

Little Bun’s November 2019 Net Worth
$34,831.33
Or an increase of…
+$1243.98 or +3.70%

Not too shabby Little Bun.

He went up about $1000 this month due to the markets, more government money (we get about $100 a month), and just being a badass investor.

(Well, his Mommy is doing the investing for now, but he will learn soon enough).

This is how I invest his money in the stock market.

Here is a list of personal finance books you might want to get started with, and about the same set for us Canadians.

This is what his net worth looks like from a year ago.

Share Tweet Pin It +1

Sherry of Save. Spend. Splurge.

Millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. Since then, I have paid my $600K home in cash (my half was $300K), my $180K casr in cash, worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

You may also like

Previous PostNovember 2019: Income & Expenses Budget Roundup
Next PostWhy do I even bother giving free career advice to people who don't listen? Feeling the frustration of it all.

4 Comments

  1. Nessa

    Love the investment breakdown by sector–thank you!
    I’ve always been curious/nosey about what specific stocks you are actually invested in. Would you ever share that info?

    Reply
    1. Sherry of Save. Spend. Splurge.

      YES! I have more time now, relatively speaking, and I was planning on listing them out every month… except I don’t want to add an extra burden of having to do more in these posts that will make this blogging thing more of a time suck.

      I was thinking of doing a year-end post with all the stocks listed….

      Reply
  2. GYM

    Dayyymann girl keep it up! You will likely hit 7 figures in 2020. I like your breakdown! I’m surprised that you invest in cannabis industry. It’s fun to deploy some fun money 🙂

    Reply
    1. Sherry of Save. Spend. Splurge.

      2020 will be the year I become a millionaire for sure. Cannabis – just $10K. I don’t put too much in it, just to see where it goes, like cryptocurrency.

      Reply

Leave a Reply