2020-01 FI My Kids

I will just say this outright. Gaining financial independence as a physician is super easy. If you can not obtain FI as a doctor, you are simply not too sharp with money. There is no nice way to say it. You SHOULD get an advisor because you clearly could not scale this yourself. Enough said. […]

2020-01 VGRO Cheatsheet

I am using VGRO for my family’s investment. Therefore it is probably a good idea to think through why I chose this particular ETF out of the myriad of options available. VGRO Pros It is an asset allocation ETF. It invests in about 94% of the global investable equity and bond markets. I certainly do […]

2020-01 Financial Plan Update

2020 Financial Plan Retirement Plan To 65 years old: Draw salaries from our corporation Contribute to CPP 65 to 70 years old: Dividends (135K+/ year) Office Unit Rental Optimize: RMD? May need to draw down the RRSP to optimize taxes OAS? May need to draw earlier than 70 years old. 70 years + Needs: CPP […]

2019-12 Month Review

The end of a decade is just around the corner. This is very special indeed. The past decade for our family has had its ups and downs. Much like everyone else. This is my second year of maintaining a blog. I really enjoy it. Unlike most bloggers, I strive to maintain anonymity. I like tracking […]

2019-12 Plan Review

Networth % – November 2019 Investable Assets 71% Personal Residence 27% Estate 1.5% Networth Month/Month 0.5% Networth YTD 9.0% Investable Assets – 71% of Networth Real Estate (unleveraged) – 18% Commercial unit – 37% Residential unit- 63% Paper Investments – 81% Equities – 21% Fixed Income – 79% Retirement Plan To 65 years old Draw […]

2019-11 Mailbox Money

Dr. MB & Hubby – 51 & 53 years old 2019-11 YTD CCPC 4,282 77,817 Personal 1,578 20,859 Total 5,860 98,676 Son – 21 years old 2019-11 YTD VGRO 0 2,031 VDY 0 4 Total 0 2,035 Daughter – 19 years old 2019-11 YTD VGRO 0 1,492 I want mailbox money. I do not want […]

2019-11 Month Review

What Do You Believe? Money is a mental construct. I have always known that money would have limited use for me. Money is odd. The less you need it, the more it grows. Weird. Honestly. If you can picture a life without much need for money, you will be set free. What Does Not Take […]

2019-11 Plan Review

Networth % Investable Assets 71% Personal Residence 27% Estate 1.5% Investable Assets – 71% of Networth Real Estate (unleveraged) – 19% Commercial unit – 37% Residential unit- 63% Paper Investments – 81% Equities – 20% Fixed Income – 80% Month Changes Equities dropped 24.5% to 20% during the month. My equities portfolio decreased significantly. This […]

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