Design a site like this with
Get started

December 2021 Financial Update

“Don’t tell me what you think, tell me what you have in your portfolio.”

― Nassim Nicholas Taleb, Skin in the Game: Hidden Asymmetries in Daily Life

My Investment Philosophy

  1. Diversify – investments and taxes.
  2. Do nothing – automate.
  3. Develop margin of safety – allow assets to compound.


  1. Equities – 44%
  2. Bonds – 16%
  3. Cash – 4%
  4. Real Estate – 34%
    1. Home – 23%
    2. Extra Unit – 6%
    3. Office Unit – 5%
  5. Other – 0.5%
  6. Networth Gain (Loss)
    1. YTD – 1,250,255
    2. 2020 – 923,032
    3. 2019 – 733,269


I treat all accounts as one portfolio.

  1. Portfolio
    1. VGRO – 79%
    2. Cash – 6.5%
    3. VAB – 5.6%
    4. Brk.B – 4.7%
    5. GIC – 3.8%
  2. Asset Allocation – 68.2%
  3. Portfolio Gain (Loss)
    1. YTD – 728,410
    2. 2020 – 495,984
    3. 2019 – 190,513

Mailbox Money

“Life is really simple, but men insist on making it complicated.” Confucius (BC 551-BC 479) Chinese philosopher.

I have zero alpha.

I want “know nothing, do nothing” mailbox money.

  1. December 2021
    1. VAB – 912
    2. Total – 912
  2. Mailbox Money
    1. YTD – 105,581 – This is lower because I add the interest when T5 slips come in February. Yes, I have become this lazy.
    2. 2020 – 125,388
    3. 2019 – 107,264

December 2021

Well the final month of the year has begun. Mother Nature has been catching us off guard with her weather extremes.

My main theme is to live semi-independently from consumer culture. I prefer to DIY and consume less no matter my wealth level. I have always been this way.

Nowadays I like to bake my own bread. I stock plenty of staples such that I am not shopping all the time. Although it still feels like I do. If I can do something passively I prefer that versus wasting resources to get the same thing done. Most of this is about planning. A perfect example would be line drying laundry. If one washes their clothes on a regular schedule, then one can wait for clothes to line dry passively.

December is a great month to recall that one does not have to shop to celebrate. Our family mainly celebrates with food. It is fabulous. Everyone takes turns to make something special.

There are no large gifts.

I now look at my portfolio as what can I actually do? Many people believe they have alpha and they try to move in and out of certain assets. I know I can do none of those things successfully. I know I don’t care enough. I also know that nobody knows anything that will guarantee investing success.

There is so much less to think about now. I spend time thinking about ways to make my financial life simpler. That is the fun part for me.

Perhaps for 2022 I will try to invest quarterly rather than monthly. That’s the extent of what I stretch my bandwidth for nowadays. Life is getting easier and simpler.

Now just waiting for this dang virus to go away.

Addendum Jan 2, 2022 – Real estate has gone up considerably in the past year. I just bought what I wanted and could afford and then just enjoyed living in it. This is another market that is hard to time. The cost for being out of the real estate market is the emotional cost of those you love who would like to start building their lives around the family home. Nothing is free, you pay one way or another.