Net Worth

August 4, 2016 = 235 408$ 

Well, the 200K$ milestone is already behind me and I can now focus ahead (the 300K$ mark). Will it be tougher to reach than the 200K$ mark? It remains to be seen. From now on I'm guessing Mr. Market won't be as useful as it was. 

Right now, I think I'm well diversified (and I'm not even considering the money I have in a pension plan I won't be able to have access before I turn 60). So, roughly, right now my assets look like this :

  • 25% of my Net Worth is in a property I own;
  • 50% is in the Stock Market;
  • 20% is in cash (either in a saving account or sitting in my trading accounts ready to be deploy);
  • 5% is in various assets (Motorcycle, Cars, Metals, etc.).
What do you think of my diversification and my new goal of reaching the 300K$ mark ?

October 9, 2015 = 200 479.71$ (1,53%)

I made it! My Net Worth is now more than 200 000$. Actually, if I take into account the money I have left in my former job's pension plan, I'm worth more than that. But this money is locked until I'm sixty... The way I see it, this locked-money will serve as the safe portion of my portfolio. It's my fix-revenue income. This allows me to invest a little more aggressively into the stock market. So, to me, the only money that really matters is the one you see up here (mostly meaning there). It's the one I will use eventually to buy things, travel, that sort of stuff.

Right now, I think I'm well diversified (aside from the money I have in my pension plan:
  • 27% of my Net Worth is in a property I own
  • 62% is in the Stock Market
  • 8% is in cash;
  • 3% is in various assets (Motorcycle, Car, Gold, etc.).
What do you think of this new milestone?
  • August 31, 2015 = 197 414.62$ (2,65%)
August was a good month on the revenue front (yes, I managed to get paid -- partially). On the market front, it wasn't a good month like we all know by now. So I guess that if it hadn't been for Mr. Market I would have hit the 200K mark by now. The mark is still within my grasp. It's a question of days... Hang on!
  • June 04, 2015 = 192 191. 67$ (-1,61%)
I could almost copy-paste the previous comment from last month. My situation as a new freelance worker comes with many adjustments, the biggest: the randomness of the pay. It's unpredictable. As a result, I haven't been able to reach my 200K$ milestone. Actually, I have taken a few steps back... Nothing to worry about. I am still waiting on some big cheques to come in. And the Market, although not doing badly, as kind of been pretty quiet on the return front. So, all in all, April and May were OKAY months. I would give myself a 5.5/10.

And 200K$..., I'm coming!
  • April 04, 2015 = 194 357, 41$ (-0,18%)
April hasn't been a bad month regarding the market. But my situation as a new freelance worker doesn't come without adjustments. One of those important ones is the randomness of the pay. It's pretty much unpredictable. You know you will be paid, but never know when. To make a story short, I'm a still waiting on a couple of cheques for contracts done in... February and March! Hence the debt that's a little higher. Also, I've just filed my first income tax as a freelance. It will cost me! I have to pay back the taxes I have collected as well as the ones due to the State. Gotta say, this will be a lesson learn for next year. All in all, I owe roughly 7K$. So, if I can reach the 200K$ milestone next month I will be ecstatic. It won't be easy. Let's touch some wood.
  • March 03, 2015 = 194 817, 55$ (3,18%)
February has been a great month on many levels. My Net Worth is no exception. It's up by 3,18% and it looks like I will soon reach the 200 K$ milestone. This is due to a couple of factors. But mainly it has to do with more money coming in. (Isn't it always the case?) I've contributed more to both my TFSA and RRSP's account. The only bad thing is that money has been put on the margin for exceptional expenses. Otherwise, I think it's a great month. 8/10.

  • January 28, 2015 = 188 819, 37$ (0,96%)
  • December 19, 2014 = 187 002. 52$ (2,30%)
  • November 20, 2014 = 182 705. 28$ (1,91%)
  • July 22, 2014 = 179 288. 06$ (4.04%)
  • June 3, 2014 = 172 324. 47$

In between those dates I took a big decision: I have decided to leave my money in the pension plan of my former employer, therefore renouncing to a severance pay of roughly 300 K$. As soon as I turn 60, my pension plan assures me of an annual payment of 21 150 $ (+ indexation) until the rest of my life. Hence the big gap in the new amounts. 

  • August 1, 2013 = 322 007, 70$ (0.10%)
  • June 18, 2013 = 321 694. 19$ (-2.0%)
  • May 2, 2013 = 326 636. 09 $ (-1.53 %)
  • March 21, 2013 = 331 886. 44 $ (0. 86 %)
  • February 25, 2013 = 329 042. 44 $ (0. 32 %)
  • February 15, 2013 = 328 002.14 $


  1. Wow! That was an amazing jump in your net worth between May and June.

    1. Yeah! Actually, I was expecting somebody to point it out eventually. It's basically a mistake on my part. See, i May I was already counting the cash-out I would get from work. But the cash-out hasn't arrived yet (It will pretty soon). So it doesn't change the net worth, although I calculated it sooner than I should have. Thanks for passing by

  2. Amazing to see 200K networth. You will hit your 2015 target well ahead and you may need to set a new target :D . Good luck with your journey to become financial independance.

  3. Hello FJ! I know, crazy to reach that milestone, isn't it? I will wait until July and set new 2015 goals -- most likely, thank you for stoping by. I will chexk out your blog too.

  4. Congrats on reaching the $200K milestone, MD. I think thats the norm - not to include pensions when calculating net worths as the funds arent accessible until retirement age.

    Keep that net worth growing!

    1. Ah ok, thanks for mentioning it to me. Reaching the first 200K$ wasn't so hard after all. Next up 500K$ will be an entirely different beast to tame! ;)

  5. Hi,

    I'm happy to have stumble upon your blog.

    One question about the drop in june 2014. I understand you decided to keep your pension but you should still received annual report on that money. I'm just currious as to why you stopped including it in your net worth ?

    There is a big difference between a net worth of X$ and a networth of X$ + a pension.

    Keep up the good work.

  6. Hello TheEighthDigit!

    You know, it's funny you mention it. I don't receive annual report! The reason is simple : the money I have there is locked-up. I don't know the amount because it doesn't matter anymore. My cash is in there with cash for fellow ex-workers. All I need to know is the amount of money I will receive every month once I turn 60. This amount I know and it will be indexed to inflation.

    I don't count this money in my net worth for that very reason. I can't have it now, even if I would. All I know is my ex-employer will give me a cheque every month until I... well you know! (don't want to jinx it!)

    That's why it was such a tough decision to make : cashing it in or leaving it there. My rationale is simple : this pension money represent the fix revenue income of my portfolio. The rest (80%) can be directed towards stocks. So I can be a tad more agressive.

    Is that clear for you? Thanks for coming by! Sorry to respond so late. A man has to work for a living! ;-)


Thanks a lot for your comment.