Introduction
It is my personal finance research. I did not purchase RRSP starting from 2010 June. I started the full time job at MP Lighting.com from June 15, 2010. I did not put money away into my RRSP until 2017. I like to do a case study on my RRSP.
Case study
I also added another $1200 dollar to make it $3,000 dollars. I also choose to purchase $100 dollar one month, now it is $3500 Canadian dollars.
4/14/2019
The price goes up 10% compared to 2011 January $31.00 dollar one share. Based on dollar average research, I will make more profit if the price goes down. I need to think about how to do rebalance.
2019-01-09
I decided to sell RRSP in Scotia Canadian income fund, and then I like to take advantage of 10% drop of index fund back in January 2019.
2019-01-25
I decided to put extra $1200 dollar into RRSP, so I made purchase in 2019 January 25. The price I paid is $31.7064.
2019-04-14
I need to export all the transactions, and I need to do review and rebalance if I need. I am learning Morningstar, and I like to apply the knowledge I learn into my real management of RRSP.
First, I complained through message to Scotia, I need the product feature to export as .csv file. I need to export into Excel sheet.
Compared to 2001, I am the smart person. I understand that it takes time to learn and also manage the account. I need to review all transactions, and also I need to do a quarter review.
Quarterly review
2019-01-25 $2942.82, price $31.7064, Share 92.8150
2019-02-01 $100 investment
2019-03-01 $100 investment
2019-04-01 $100 investment
2019-4-14 $3557.42 market value
$3242.82 book value
$34.93 per share
101.8370 share
If I sell it today, I can make profit $315.00 dollars, assuming that I do not need to pay penalty. I learn that it is better for me to continue purchase if the price goes down. I already bet that the market is low in January 2019, so I add extra $1200 dollars into my RRSP.
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