Wednesday, January 30, 2013

Net Worth Updated

Hey Financial Freaks!

I have updated my net worth today. I know my arithmetic has been quite up and down lately. It's because of recent changes in the amount I have received. Anyway, the page Net Worth should now be pretty acurate.

Here's a few changes I have made:

I have added the 6 K$ I have received last week.

I have put 4 K$ (instead of 2.5) for my motorcycle and car. See, I have been working on my bike for quite some time now and I reckon the value has gone up. As for the car, it's mostly my girlfriend but she say's its 33 % mine (hey! I paid some of the bills!). So this 4 K $ is very conservative.

The value of my pension plan is bound to fluctuate because of the market. But those are the latest numbers I was told.

As for the real estate part, the net worth number represent 50 % of my profit if we would sell today. Again, this is a conservative estimate.

So, all in all, I am worth 330 K $. Not bad for a thirty-something old guy. It could be better and it could be much worse.

What do you think? How do I rank up?

4 comments:

  1. You are about exactly where I am at, age and value. I just put up a net worth page but haven't made a post about it yet.

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  2. Hey AAI! Yeah, we are pretty toe to toe. The race is on! :-) I especially like your Real Estate diversification. And I am sure would love your Cayenne too!

    Right now, I d'say your a little ahead of me. I lack some positions in the Market. I've got some money sleeping at the moment and therefore not doing much. I need to be patient and wait for the right opportunities. Also, I need to look at other form of investments such as renting my condo eventually and buying something new. This year will be key.

    Thanks for dropping by.

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  3. Well you're both way ahead of me (^v^) The average household net worth in Canada was $363,202 in 2011. Not sure what is now but probably not far from that figure I'm guessing. That means you still have a bit more to go before you're even average. Sacre bleu, we live in a rich country eh. But in terms of your age relative to wealth you are doing so much better than most people in their 30s :D

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  4. Interesting facts about average household in Canada. I did not know that. I guess that if I included the net worth of my significant other we would beat the average. I reckon her NW to be around 125 K$. Which is quite good, because she's bit younger than I. Take care Liquid and big props for what you have achieved at such a young age.

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Thanks a lot for your comment.