It’s time again for the monthly net worth update – The Halloween 2007 edition.

October was an interesting month for us.  We sold our house and moved into a rental while our new home is being constructed.  As we currently are in limbo, our net worth statement will be a shaken up where the assets and liabilities will be shifted. 

It'll also be fun giving out candy in a different neighborhood.

Assets: $375,600 (-16.06%)

  • Cash: $4,500 (+0.00%)
  • Savings: $106,400 (+166.00%)
  • Registered Investment: $51,400 (+1.78%)
  • Pension: $20,700 (+1.97%)
  • Non-Registered Investment Account: $46,300 (+0.87%)
  • Real Estate: $ 124,500 (investment property) (-52.93%)
  • New Home Deposit: $5000 (+0.00%)
  • Vehicles: $16,800 (2 vehicles) (-0.59%)

Liabilities: $104,100 (-42.90%)

  • Mortgage Debt(investment property): $94,900 (-45.27%)
  • Insurance: $1,200 (+33.33%)
  • Other Liabilities: $8,000 (-0.00%)

Total Net Worth: ~$ 271,500 (+2.34%)

Started 2007 with Net Worth: $224,000

Year to Date Gain/Loss: +21.21%

Another steady month mostly due to savings from reduced housing costs.  Portfolio growth is staying the course, but nothing spectacular.  For those of you wondering what he heck I'm doing with such a large savings account, it's because we're planning using it as a down payment on our next home.

I guess you might have expected the "Halloween" net worth edition to be scarier, but no real surprises this month, sorry.  Speaking of scary, any of you dressing up for Halloween?  If so, what are you dressing up as?

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Hey FT ! keep it up!
Even Halloween is not stopping you ;-)
congrats on your 1000 + RSS feed as well :-D

interesting to see the changes when a house comes off…good progress..

Congrats on the 1000!



Ah limbo. I know the feeling. I’m changing pay cycles in Nov with our company buyout, so I’m getting hit with triple mortgage payments (moving from bi-monthly to bi-weekly).

Hang in there, it will be over soon (at least we can hope!).


I think you mentioned it before but can you tell me how you calculate the worth of a DB pension (Assuming that is what yours is)?

I have a DB pension that is frozen (they have since moved to a DC plan) but I’ve never added it to my net worth and I’m not entirely sure how to.

Telly – the plan administrator should be able to tell you what the value is. I don’t think it’s something you can calculate.


I know what the annual annuity value is when I turn 55, 62, & 65 but I don’t know it’s current lump sum value.

It’s rather small so as I said, I’ve never bothered to include it in my net worth.

Just wanted to wish you congratulations on your increase in net worth. It’s great to see someone take ownership over their finances like you have. Thanks for sharing.

If you had Manulife One right now you’d have no debt as all that cash would be reducing your debts. You would’t be sitting there with a mortgage and savings that you will pay tax on any interest.

We did that the last time we moved, and we were renovating. As we paid contractors the debt piled back up slowly, but in the interm we saved lots of money. Paid for the monthly fee for over 8 years.

21.21% year to date is awesome FT, and how can you forget 1k readers?! To bad you aren’t in the US because you could find homes at a dime a dozen or building would be real inexpensive :) Congrats on all the success FT!