March 2009 Net Worth Update (+6.05%)

I had about $4500 increase in assets for this month. Besides regular saving from my full-time job income, I had a big chunk of tax return from the government as well, which makes me almost forget about the loss of $1500 that I need to take in my RRSP account where I changed my short-long position ratio to be roughly even, because the market does seem to start turning in this month. Unlike my trading account, I usually keep my investment in RRSP for at least 3 months before I make any changes.

In general, I did pretty well in this month considering over 6% growth in the net worth from last month.

Here are the assets/liabilities result for the third month of 2009:

Assets

Vehicles: $6,500

Cash: $5,600

Savings: $27,200

TFSA: $5,000

Registered Investment Account: $19,100

Non-Registered Investment Account: $15,200

Total Assets: $78,600

Debts

Credit Card Debt: $1,500

Total Debts: $1,500

Total Net Worth: $77,100 (+6.05%)

Started 2009 with Net Worth: $65300

Year-to-Date Gain/Loss: +18.07%

My net worth goal at the end of year 2009 is $90,000, and I still have $12,900 to make in the next 3 quarters.

Weekly Trading Update - March 27, 2009

Even though the market is very overbought at the current level, but I don't dare trade against this bullish trend. Like the old saying mentioned that "The trend is your friend." . I am waiting for trend reversal confirmation when S&P 500 closes below its 50 EMA which holds at 797.48. Before that, I will go with the trend.

Transactions this week,

S&P/TSX Capped Financials Bull Plus ETF, HFU
Mar 23, Buy, 2000 shares @ $4.92 + $9.95 commission
Total Cost: $9,849.95

Mar 25, Sell, 2000 shares @ $5.13 - $9.95 commission
Total Cost: $10,250.05
Realized Loss: $10,250.05 - $9,849.95 = 400.10 (4.06%)

Trading Gain/Loss from this week: +$400.10

Year-to-date Trading Profit: $4718.05

Market Needs a Break

After this 13-calendar-day rally since March 10th, we might be able to see the reversal in the next few days.

In the short and intermediate term it’s still overbought even after some pullback on last Thursday and Friday. This situation won’t last for too long as the market usually don't remain in the overbought territory for longer than 2-weeks.

If the pullback happens, I am expecting it will at least hit somewhere around 745 points for support. However, I don't see S&P 500 will hit the March low, which means that we might have a higher low bullish signal for it.

Weekly Trading Update - March 20, 2009

Transactions this week,

S&P 500 Bull Plus ETF, HSU
Mar 17, Buy, 2000 shares @ $5.07 + $9.95 commission
Total Cost: $10,149.95

Mar 18, sell, 2000 shares @ $5.17 - $9.95 commission
Total Cost: $10,321.05
Realized Loss: $$10,321.05 - $10,149.95 = $171.10 (1.69%)

Trading Gain/Loss from this week: +$171.10

Year-to-date Trading Profit: $4317.95

Weekly Trading Update - March 13, 2009

Positions From last week,

Royal Bank of Canada, RY: 400 shares at total cost of $12057.95

Transactions this week,

Royal Bank of Canada, RY
Mar 11, Sell, 400 shares @ $33.89 - $9.95 commission
Total Cost: $$13,546.05
Realized Loss: $$13,546.05 - $12057.95 = 1488.10 (+12.34%)

Trading Gain/Loss from this week: +$1488.10

Year-to-date Trading Profit: $4146.85

Weekly Trading Update - March 6, 2009

Positions From last week,

S&P/TSX Capped Financials Bear Plus ETF, HFD: 200 shares at total cost of $8497.95

Transactions this week,

S&P 500 Bear Plus ETF, HSD
Mar 3, Buy, 120 shares @ $45.05 + $9.95 commission
Total Cost: $5415.95

Mar 4, Sell, 120 shares @ $44.86 - $9.95 commission
Total Cost: $5373.25
Realized Loss: $5373.25 - $5415.95 = -$42.7 (-0.79%)

S&P/TSX Capped Financials Bear Plus ETF
Mar 4, Sell, 200 shares @ $45.32 - $9.95 commission
Total Cost: $9054.05
Realized Gain: $9054.05 - $8497.95 = $556.1 (+6.54%)

Mar 5, Buy, 250 shares @ $50.04 + $9.95 commission
Total Cost: $12519.95

Mar 5, Sell, 250 shares @ $49.22 - $9.95 commission
Total Cost: $12295.05
Realized Loss: $12295.05 - $12519.95 = -$224.90 (-1.80%)

S&P/TSX Capped Energy Bull Plus ETF
Mar 4, Buy, 4000 shares @ $3.40 + $9.95 commission
Total Cost: $13609.95

Mar 4, Sell, 250 shares @ $49.22 - $9.95 commission
Total Cost: $13990.05
Realized Gain: $13990.05 - $13609.95 = $380.1 (+2.79%)

S&P 500 Bull Plus ETF, HSU
Mar 4, Buy, 3000 shares @ $4.43 + $9.95 commission
Total Cost: $13299.95

Mar 5, Sell, 3000 shares @ $4.05 - $9.95 commission
Total Cost: $12140.05
Realized Loss: $12140.05 - $13299.95 = -$1159.90 (-8.72%)

Royal Bank of Canada, RY
Mar 5, Buy, 400 shares @ $30.12 + $9.95 commission
Total Cost: $12057.95

Trading Gain/Loss from this week: -$491.30

Year-to-date Trading Profit: $2658.75