It’s time again for a monthly net worth update – The March 2007 edition. Not many changes this month, just a slight increase in net worth due to savings.

The market drop during the end of February reduced my portfolio by about 3%, but it has since regained most of it’s losses.


Cash: $4,500

Savings: $27,960

Registered Investment Accounts: $41,645

Pension: $16,600

Non-Registered Investment Account: $45,900

Real Estate: $ 264,500 (2 properties)

Vehicles: $17,525 (2 vehicles)

Total Assets: ~$418,630


Mortgage Debt (from 2 properties): $175,500

Other Liabilities: $8,000

Total Liabilities: $183,800

Total Net Worth: ~$235,130

Last month, I reported a net worth of $231,500, so this months $235,130 represents an increase of 1.57% month over month and 4.97% year to date.

That’s all for now folks, happy investing and have a great weekend!


  1. Jon Lee on March 30, 2007 at 9:28 am

    Wow I think you’re looking very good at just 27~28!

  2. Kevin Beitel on March 30, 2007 at 10:33 am

    Quick question…

    Do you own your two Real Estate properties free & clear? Under your liabilities you list only a mortgage of $175,500 and other liabilities of $8,000… for a total of $183,500. It is excellent that you have $264,000 in real estate assets, but don’t you have mortgages on those properties? The mortgages on those properties are liabilities and should go against your net worth. Regardless, I have to give you credit for your accomplishments.

    Just curious…

  3. FrugalTrader on March 30, 2007 at 10:50 am

    Kevin: The mortgage balance that I have in the liabilities section is the sum of the mortgage balances on BOTH properties.

  4. David on March 30, 2007 at 12:20 pm

    It would be interesting to see a spreadsheet or graph of the changes in your balance sheet over time.
    I’m also curious as to how you’re holding your savings — High interest savings account, money market funds, or other instrumnets?


  5. FrugalTrader on March 30, 2007 at 12:27 pm

    David: Yes, I’ve been contemplating using excel or something or other to improve the look of my net worth updates. With regards to my savings, they are currently in a PCF 4.0% interest PLUS account. We’re basically hording cash right now because we’re expecting to purchase a new home this year.

  6. Kevin Beitel on March 30, 2007 at 3:15 pm

    Wow, nice…

    Have you ever tried using Intuit’s Quicken XG 2007 to track your Net Worth?


  7. FrugalTrader on March 30, 2007 at 3:32 pm

    Kevin: I’ve been using Microsoft Money for eons and I am resisting change. :) I will check out Quicken to see if it helps me any.

  8. Nicolas Roy on March 31, 2007 at 2:44 pm

    Hello FT.

    For your next purchase, will you use one of you properties as a collateral or you will rely entirely on cash?

  9. FrugalTrader on March 31, 2007 at 3:08 pm

    Nicolas: My next purchase will be a live in home, we’re looking to upgrade. We’ll most likely sell our current home and use the equity (and cash) for a larger down payment. Stay tuned, I’m going post about this topic sometime soon.


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  11. Blain Reinkensmeyer on April 2, 2007 at 1:13 pm

    Congrats Frugal! Your success can be motivating, keep the drive coming our way!

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