It seems that I did not have much time to write this week since I was very busy with my CGA exam and family dinners (we had three over this weekend!). However, I have the time right now to give a small update as to what has happened during this week.

1. I put another $78 into my TD Waterhouse RRSP account which brought the cash balance over the $400 limit, therefore enabling me to purchase another $100 in each of the four index funds I own.
2. I added $60 to the vacation fund bringing the total balance to $120.
3. If you noticed, I removed the Playstation 3 from the want fund because my wife wanted to buy it for me or least help me buy it so she suggested we create an envelope and put cash in there which will be solely for the Playstation 3.
4. Derek Foster, who advocated living off investment income, sold off all his stocks. He says that he is just making a temporary portfolio adjustment until the market stabilizes then he intends to go back into the market. My opinion on this is that he should not have sold any of his stocks; in fact, this would be the best time to buy more shares which will in turn increase dividend income.
5. We were invited to a dinner Friday night, took my wife’s cousin and her husband (another newlywed couple) out for dinner on Saturday, were invited to a lunch today, and dinner today by different people in honour of our wedding, which kept us busy.
6. Due to a cancellation on Saturday for a lunch, my wife and I took advantage of the free time and the better weather to just spend the day out.

All in all, I can say that this weekend was a lot of fun and I had not felt this relaxed in a long time. Well, back to work tomorrow so let’s see what the week brings us.

I am really excited to have restarted this blog again. It gives me a great feeling to do it; in fact, it has been on my mind so much recently that today at work, I could not think of anything else but to come home and write something on this blog. Well, here I am!

As the title of this post states, I was not able to write a complete update on my financial position so here it is.

On the investment side, I began to put a little something into my TD Waterhouse self-directed RRSP again and I get my empliyer to deduct a percentage of my salary into a Group RRSP (which is great as that is forced savings!). I was invested in dividend stocks in my TD account but I sold out and invested it into index funds. My intention is to invest into Canadian dividend stocks which will one day (God willing), be my sole source of income but for now I intend to focus on the RRSP until I have removed more of my debt.

I have a lot to say but when the wife calls, one must answer. In fact, let me leave you with a saying I once heard in regards to marriage:

A man has two choices; He can be right or he can be happy!

I am back! I can’t believe it has been a year and three months since my last post and a lot has happened since then.

1. In July 2008, I got married to the most wonderful woman in the world.
2. In August 2008, I started a new job as an Intermediate Accountant, which I am so grateful for because this job is 5 km from my home and the job itself is exactly what I was looking for. I actually believe that once you have faith and hope, everything works out in the end. I mean, I had been applying to jobs and going to interviews for months but nothing was happening until one day I actually got two job offers, of which was this job that was exactly what I was looking for.
3. In October 2008, I traded my 2000 Chevrolet Malibu in for a 2006 Chrysler 300 Touring.

Now, since my intended goal for this blog is to journalize the financial events and transactions that occur in my life, let me explain the financial impact. My RRSP was wiped out to zero to pay for the wedding expenses (including a wonderful seven-day honeymoon in Victoria, British Columbia). Even though, the new job brought a higher salary, my car purchase increased my monthly car payment by $100 and my insurance payment by $20.

The honest truth is that even though my expenses increased and puts less money in my pocket, I am happier and more content with life than I have ever been and I welcome whatever the future has in store for me.