Archive for December 2008
December 2008 Net Worth Update (-0.45%)
Welcome to the recurring monthly net worth update – The December 2008 edition. Well it looks like this will be the final net worth update for 2008! With the huge market correction in the 2nd half of 2008, it’s almost a relief that 2008 is over. However, who knows what 2009 will bring as some…
Read MoreSmith Manoeuvre Portfolio – Dec 2008
For those of you just joining us, this is my portfolio that is leveraged with money borrowed from my home equity line of credit (HELOC). As the money borrowed is used to invest, the interest charged is tax deductible. For more details, check out the modified smith manoeuvre strategy. It’s been a couple months since…
Read MoreNovember 2008 Net Worth Update (-1.59%)
Welcome to the recurring monthly net worth update – The November 2008 edition. For the second month in a row, I was not looking forward to putting this post together. As you can see from the title, November 2008 is another down month with my net worth dropping an additional 1.59%. What’s the reason for…
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