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Retirement Portfolio Net Worth - as of Oct1-2018

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our children’s RESPs. We didn't make any contributions this month and I spent about $500 on materials to spruce up an entryway at one of the rentals. If I had paid someone to do the work I estimate that it would have been about another $500 in labor costs.

ASSETS
Sept Contributions: $0
Retirement Portfolio: $502,671 (down $4486 stock market and currency fluctuations)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)

Total Retirement Assets: $762,671 (down $4486)

LIABILITIES:
Investment Loan: $20,367(down $1,016)
Rental Property Loan #1: $71,189 (down $507)
Rental Property Loan #2: $150,857 (down $454)
Total Liabilities: …

Retirement Portfolio Net Worth - as of Sept4-2018

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our children’s RESPs.

Well I managed to contribute $1000 into our investment account last month...not much but better than nothing. I did however put a few thousand dollars, and a couple weeks of sweat equity into the cottage last month. I figure being handy saved me about $6000 on that job. I likely won't be making any meaningful contributions next month either as I still have to contribute to our childrens education savings plans.

ASSETS
Aug Contributions: $1000
Retirement Portfolio: $507,157 (up $640 stock market gain + $1000 contribution)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)

Total Retirement As…

Retirement Portfolio Net Worth - as of Aug1-2018

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our children’s RESPs.

We didn't make any new contributions (yet again). However, we still had a stellar month with our net worth increasing by $15,000. The majority of this gain is due to stock market gains. Although, it looks great on paper next month could easily see drop of the same value.

ASSETS
July Contributions: $0
Retirement Portfolio: $505,517 (up $13,201 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)

Total Retirement Assets: $765,517 (up $13,201)

LIABILITIES:
Investment Loan: $22,904 (down $1,012)
Rental Property Loan #1: $72,373 (down $511)
Rental Property Loan #2: $151,852 (down…

Retirement Portfolio Net Worth – As of July 3 - 2018

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and our children’s RESPs.
Well I wasn’t able to contribute any new capital this month as we’ve been on a little bit of a spending spree recently. We spend around $1,200 on travelling this month as well as bought some expensive water toys (kayaks, paddle boards etc…) for the cottage. It’s always a battle to balance my love of frugality with the rest of my family’s love for stuff…but I digress. Some positive news is that our retirement portfolio net worth has finally broken the $500,000 mark. It took a while to get here but barring any major market catastrophes I’m still on track to reach my goal of being a millionaire by 2025.
ASSETS June Contributions: $0 Retirement Portfolio: $…

Retirement Portfolio Net Worth – As of June 1 - 2018

Well we basically treaded water this month with a measly $3,335 increase to the retirement portfolio. We have a few vacation related expenses coming up in June but I'm hopeful that we'll still be able to contribute at least a few thousand towards the retirement account as we have a healthy cash position in our saving account. I'm also considering initiating a position in either Brookfield Renewable Partners (BEP.UN) or Brookfield Infrastructure Partners (BIP).
I'm also really looking forward to breaking the $500,000 retirement networth. I know it's more psychological than anything else but it gives me a sense of comfort to know that we in theory have half a million dollars of assets just sitting in the closet.
ASSETS May Contributions: $2625 Retirement Portfolio: $487,708 (up $1317 -$1,308 stock market loss + $2625 contribution) Rental Property #1: $105,000 (lowest estimated selling price) Rental Property #2: $155,000 (purchase price)
Total Retirement Assets: $746,391  (u…

Retirement Portfolio Net Worth – As of May1 - 2018

Well in these crazy markets a month can certainly make a difference in a retirement portfolio. In March I was down $11,000 however, fast forward a month and I'm up almost $17,000. I didn't buy or sell any positions in April but did manage to move $4000 from our savings into our retirement account. I'm hoping to add another couple of thousand in May as long as there aren't any unforeseen house or vehicle repairs.
ASSETS April Contributions: $4000 Retirement Portfolio: $486,391 (up $10,986 stock market gain + $4000 contribution) Rental Property #1: $105,000 (lowest estimated selling price) Rental Property #2: $155,000 (purchase price)
Total Retirement Assets: $746,391  (up $14,986)
LIABILITIES: Investment Loan: $25,933 (down $1,005) Rental Property Loan #1: $73,911 (down $502) Rental Property Loan #2: $153,289 (down $459)
Total Liabilities: $253,134 (down $1,966)
Retirement Portfolio Net Worth: $493,257 (up $16,952)
Dividends Received (year to date): $4,865 (up $1,366)

Retirement Portfolio Net Worth – As of Apr 4 - 2018

Well March was another major down month for us. Our stock market holdings dropped $13,056 and we withdrew $500 for a major vehicle repair. I've been investing since the late 90' so I've learned to ignore a lot of the noise of the market. I've ridden out both the tech crash and the financial crisis of 2008.  Although our stock market losses have been huge over the last couple of months I haven't sold anything. The majority of my holdings are fairly stable blue chips so if anything I'll be adding to those holdings as funds become available. Generally, my holding period is forever and I'm confident that like every other stock market crisis this one too will pass. In 10 years from now when you look back on the charts this will be just another small blip. 
I'm also going to continue with the plan I outlined last month to reduce the amount of holdings that I own. My goal is to continue to maintain my average return of approx. 12% a year.
ASSETS March Contributio…