October 2008 Net Worth Update (-0.26%)

Welcome to the recurring monthly net worth update – The October 2008 edition. Before I started writing this update, I was actually quite nervous about the result as my portfolios are deep in the red for the year.  This dramatic correction is the largest of my investing career and it comes with mixed feelings.  The…

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Smith Manoeuvre Portfolio – October 2008

For those of you just joining us, this is my portfolio that is leveraged with money borrowed from my home equity line of credit (HELOC). As the money borrowed is used to invest, the interest charged is tax deductible. For more detail, check out the modified smith manoeuvre strategy.  It almost sounds like a giant…

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