Hello!  This blog was created to chronicle my attempt at an extremely early retirement.  I am a single person in his mid-thirties who holds down a public sector job with a pretty decent pension plan (one of the perks of having a government job).  On April 15, 2008, my RRSP hit the $100,000 mark.  This wasn’t the first time, as it was as high as $130,000 before dipping below the $100K mark as the subprime lending crisis took its toll on the stock markets.

My goal is to achieve a 20% return per year return on my RRSP for the next 9 years at which time I’ll be 45.  Should I accomplish this, my RRSP will be valued at $515,978.  I don’t anticipate making any more RRSP contributions because: a) I’ll be using the new TFSA instead and b) the commuted value of my corporate pension is already greater than $50,000.

20% per year is an ambitious goal for anyone, but I intend to do it with my stock trading techniques I’ve developed over the years.  I’m primarily a breakout trader/trend follower.  I’ve nothing against fundamental analysis (look at the value CCI – Canaccord Capital has) but I find that technical analysis works better for me.  Buying breakouts has gotten me into stocks that I’ve never heard of before, however it has been richly rewarding.

I will post a screenshot of my RRSP portfolio every month so you can see the progress (or lack thereof) that I’m making.

The Sentinel