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Thursday, February 9, 2023

I reached my highest net worth EVER on February 7, 2023: $361,442.42

Two days ago, I updated my investment portfolio. I was aware that I wouldn't see astronomical gains, but I was simply curious. That's how I discovered that I had reached my highest net worth ever: $361,844.12 on February 7th! Previously, my highest net worth was $361,442.42, which I achieved on April 20th, 2022. With my new highest net worth, it feels like anything is possible this year. Although it's still early in 2023, I believe that I have all the opportunities to reach my goal of $400,000 in net worth. To make this happen, I need to accumulate an additional $38,557.58.

With my next paycheck, I will have $16,359.37 in savings available to me. If I can achieve a savings goal of $30,000 by the end of the year and if the stock market returns 7% or 8%, I might be able to reach my much-desired $400,000. I've been hovering around the $300,000 mark since May 2021, and it's been a while already. A return of 7-8% on the TSX might be ambitious, but I remain optimistic.

Today, the TSX ended the session at 20,597.75 points. My non-registered portfolio ended the day at $146,736.20, my US portfolio at $5,044.80, my RRSP stocks-only portfolio at $64,292.11, and my TFSA portfolio at $127,756.93. My margin debt closed a bit lower today, at $46,787.51.

Some of my stocks have announced an increase in their dividend distributions, including Thomson Reuters Corporation (TRI) and Parex Resources Inc. (PXT). My overall annual dividend income, across all portfolios, is now close to $12,170. Within my non-registered and TFSA portfolios, my dividend income is just a few cents short of reaching $850 per month.

As a dividend investor, I've been very fortunate lately. We've received good news after good news in recent days. However, I'm not inclined to invest at this time.

You can follow me on Twitter, @SunnyJNB

2 comments:

John Guy said...

My portfolio value

November 25,2022 $324,788.4
January 3,2023 $321,418.16
January 16,2023 $335,292.67
February 10,2023 $333,791.38

Sunny said...

Good results! It's fun to see those valuable gains. We need it!

 

Thank you

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