Retirement Progress Report 4

I missed getting this out at the end of December, so here it is a wee bit late!

Figures:

TFSA: $24,369.83 (up $1,896.91 from last report).

Mortgage: $165,357.99 (down $1,264.85 from last report).

Net worth shift: +$3,161.76

Progress was modest these past couple months. The holiday season came with higher spending than normal, which (for us) meant less surplus made it into our investments. This is when the $200/month automatic deposits really help keep morale going. Even seeing that, between our investments and lowered mortgage debt, our net worth increased by $3,161.76 from two months ago is very encouraging. Even in slow times, we’re headed in the right direction.

Another extremely fucking cool thing happened in on the 15th of December which was that our mutual funds bought $746.91 more of themselves (in the form of “annual distributions” (mutual fund equivalent to stock dividends)). This is the mind-melting miracle of compounding played out in real fucking LIFE. To clarify, this is not a change in market value. The funds mutual funds we hold appreciated by $1,914.74 in the past 2 months, independent of the distributions paid out. The distributions are roughly 2% annually on top of any gains or losses in market value.

I’m still baffled at the reality that I have no intrinsic sense of any of this until I put one of these reports together. It helps to talk to someone and ask dumb questions until you get the comprehension you’re after. My TD lady was trying to get me to “just Google it” for most of the phone call but I persisted until I had a concrete answer. Spending 2 hours on the phone to discover that my mutual funds pay roughly 2% distributions annually mid-December as long as I’ve purchased them in time to qualify for those distributions (this period was about a day, the lady thought) is knowledge well worth the cost to obtain it.

The 1000 Rep Month: Day 26

In the video, Isla sounded how I felt about today’s workout. I’m starting to see that indoor workouts are significantly less awesome compared to outdoor ones in terms of how I feel after, which makes sense. I don’t get any fresh air indoors and I’m not really removing myself from my regular environment (which tonight included a very fussy child). Even a few minutes outside jumping around leaves me feeling a whole lot less stressed than anything I can do indoors it seems. Plus I can jump as hard as I want outside without shaking my house and worrying about photos falling off the walls.