End of February Networth Update (-2%)
Well, February was again a very volatile month. So how did we do in February? RRSP: $42200 CASH: $15366 STOCKS: $33400 (outside RRSP) ------------------------------------------- TOTAL: $90966 (-2%) month over month For the month of February my networth decreased by about 2% due to more volatility in the market and a few unforeseen costs that I ran into. Namely, my car was in for repairs that costed me way more than I had originally expected. Also, I liquidated some old poor performing mutual funds that I had purchased about 10 years ago with advice from an advisor. I had neglected those funds for a long time and it wasn't until recently that I discovered that the MERs for those funds were ridiculous that I decided to sell them and purchase some index funds. Overall, I am still keeping a long term focus even though this past month was not as prosperous as I would have liked. Let's hope things improve in March! Thanks again for reading the Canadian Dollars Blog.