RRSP Archives - Page 3 of 3 - The Outlier Model

Financial Goals: 2012

Financial Fears, dreams, reality, Financial Goals

Brian / February 9th, 2012 / 2 Comments

Keeping track of your goals gives you a concrete marker to aim for each year. It’s important to do this for yourself, but publishing them here keeps us honest! CF’s goals may change dramatically depending on her employment situation at the end of her degree in April. CF’s Goals Emergency Fund: $2000 Net Worth: $0 Add $1000 to TFSA. Increase RRSP contribution to at least $100...

Posted in: Money Tagged with: Emergency fund, financial goals, goal setting, personal savings rate, RRSP, TFSA

Drip drip drip…

Vancouver rainy season, rain drop, rainy season, rain

CF / November 16th, 2011 / No Comments

It’s the sound of the Vancouver rainy season in full swing but also the sound of my first dividend purchase now being able to take care of itself. Brian posted a while back about our current investments and mentioned that I bought some SunLife stock. The stock is currently tanking (like everything else in this economy) so I took the opportunity to pick up some more shares and send in my dividend...

Posted in: Money Tagged with: Dividend Reinvestment, dividends, DRIP, RRSP, Sun Life, TFSA

Investment update 2011

Online trading platform, Investment update, investment, stock exchange

Brian / July 21st, 2011 / 2 Comments

We spend a lot of time on this site talking about being frugal. Spending less than you earn. Breaking convention and making sacrifices those around you are not prepared to make. Well, all that is important, but what do you do with all of that money you’re saving? We’ve already talked about Real Estate, and we’re well on our way to being successful landlords. In the past three months,...

Posted in: Money Tagged with: dividends, finance, investing, RRIF, RRSP, Shaw Communications, stock market, Sunlife Financial, TFSA, unregistered account

Net worth update 2010

income tax refund, tax refund, extra money, Net worth update , net worth, financial success, financial health

Brian / February 8th, 2011 / 2 Comments

In terms of overall financial health, your net worth is a great indicator of overall success. To calculate your net worth, add up all of your assets (things that are worth money) and subtract your debts (loans, etc). 2010 was the first complete year that both CF and I kept track of our net worth on a monthly basis. At first, adding up all of my assets and debts seemed like a big task. Now, I enjoy...

Posted in: Money Tagged with: assets, debt, loans, Mortgage, net worth, paying off debt, RRSP, TFSA