How to Measure Your Progress in Investing: Hacks for Amateurs

Capital growth is a clear indicator that your investments are producing the desired results. But even if your portfolio isn’t growing, it doesn’t mean that you are not making progress. Let’s find out how to realize that you are moving in the right direction and by what criteria to evaluate your progress.

Determine Where You Are Moving

It’s impossible to evaluate your progress in isolation from your goals and objectives.

What result do you need? What criteria will you use to realize that the goal has been achieved?
How will you measure your achievements (use concrete numbers instead of abstractions)?
When do you need a result (the deadline should be realistic)?

The goal should be specific, achievable, and time-bound.

For example, a goal might sound like this:

“By the age of 45, accumulate $500,000 and invest it at 8% per annum to quit my job and receive regular passive income.”

Besides the final goal, you should outline intermediate goals; they will help you systematically achieve the desired result and pass specific marks on the way. If we return to the example above, the intermediate marks can be individual amounts. For example, increasing the investment portfolio by $20,000 every year or spending $100 a month on gambling at Vave in Canada to hit the jackpot.

What Criteria to Use to Assess Progress

Besides numbers, there are several other criteria to consider:

Regularity. If you aim to get any results from your investments, investing should become an integral part of your life.

Independence. Repeating someone else’s strategy will not get you to your goal. Progress is when all of your investment decisions are the result of your choices based on personal goals and plans.
Development. Even the most effective strategy requires adjustments. That’s why it’s important for an investor to always keep up to date, learn new trends and tools, analyze the current state of the economy, etc.
Calmness. Beginners often react emotionally to any changes in their portfolio. Over time, an investor learns to objectively assess their risks, analyze wins and failures, and approach investments with a sober head, and this is also a sign of progress.

Assessing Financial Performance

Of course, the main parameter for assessing progress in investments is money. For a more accurate assessment, you can use the Net worth parameter.

Net worth is the amount of net worth of an individual or a family. The progress of investments can be assessed when the capital is gradually increasing.

To calculate the growth correctly, you need to take into account all assets and then subtract the sum of all monetary liabilities.

Assets

Cash.
Money on bank accounts and deposits.
Real estate.
Movable property.
Securities.
Gold, jewelry, and luxury goods.

Liabilities

Debts on loans and mortgages.
Debts to other people.
Taxes.
Fines.
Other mandatory payments in favor of the state.

For a detailed calculation, consider even minor assets and costs. For example, if someone owes you money, this is also an asset. It’s necessary to calculate your personal net worth regularly, at least once a year. As a result of calculating the difference, net worth should grow. Keep a record of the changes. Keep the results of the calculation so that you can evaluate the dynamics and rate of progress a year later.

How to Make Progress

Thus, to increase your net worth, you need to do two things on a regular basis: reduce liabilities and increase assets.

To do this, it’s recommended that you:

Pay off all loans early to avoid overpaying the bank and increase your net worth.
Optimize spending.
Increase the investment yield of your capital, for example, choose an instrument with a higher yield.
Increase savings. It’s unnecessary to keep money only on a bank deposit; you can invest in liquid real estate so that the value of the asset grows with inflation and the market.

At the same time, the investor must have an ultimate goal. If there is no such goal, the process of accumulation may be endless, and then there will simply be no time left to spend what has been accumulated and enjoy your life.

Todayville Content Team

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Todayville Content Team works with a wide variety of clients to develop compelling content solutions. Our experienced team develops strategic campaigns that use video and storytelling, digital advertising and social media to help our clients position and distinguish themselves in the market.

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The bizarre story of Taro Tsujimoto

Published on March 28, 2025

Todayville Content Team

The National Hockey League (NHL) has seen its fair share of strange moments, but few compare to the bizarre and hilarious tale of Taro Tsujimoto, a player who never existed. His “selection” in the 1974 NHL Draft remains one of the most legendary pranks in hockey history. If you want to wager on actual players, making the 1xBet app download is definitely a great idea.

In the 1970s, the NHL Draft was a much less glamorous event than today. It was a tedious process conducted over the phone, with teams calling in their picks. The 3 biggest highlights of what happened during that year’s draft were:

the draft dragged on for hours;
there were multiple rounds and teams selecting unknown prospects from obscure leagues;
frustrated with the monotony, Buffalo Sabres general manager Punch Imlach decided to have a little fun.

As the 11th round approached, Imlach instructed his team’s representative to draft Taro Tsujimoto, a supposed forward from the Tokyo Katanas of the Japan Ice Hockey League. The name sounded authentic enough. The league officials, unfamiliar with Japanese hockey, accepted the pick without question. By downloading the 1xBet app you will also be able to wager on great NHL teams too.

A small problem

There was a small problem with all of this, as 2 things didn’t exist: Tsujimoto and the Tokyo Katanas. Imlach had completely fabricated the player as a joke, taking advantage of the NHL’s lack of verification. When it comes to NHL wagers, there is no better platform than the 1xBet Canada site.

For weeks, the league listed Tsujimoto as an official draft pick, and even some newspapers reported on Buffalo’s mysterious new Japanese prospect. Eventually, the Sabres admitted the hoax, and the NHL was forced to retroactively erase the selection from its records.

Despite being a fictional player, Taro Tsujimoto took on a life of his own. Buffalo Sabres fans embraced the prank, and over the years, his name has become a cult legend in hockey culture. Some fans even wore jerseys with “Tsujimoto” on the back. The joke persisted so much that when EA Sports released NHL video games, players could occasionally find Tsujimoto in the game’s draft pool as a hidden Easter egg.

More than just a prank, the story of Taro Tsujimoto highlights 2 things: the quirks of old-school sports management and the creativity of one of hockey’s most colorful executives. Today, with the draft process being highly scrutinized and broadcast live, such a prank would be impossible. But Tsujimoto’s legacy lives on as one of hockey’s greatest inside jokes. What is not a joke are the great rewards that a platform like the Canadian 1xBet site can give you.

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60% of Canadians gamble each month – why the industry is going from strength to strength

Published on March 26, 2025

Todayville Content Team

When it comes to regulating gambling, Canada has a somewhat relaxed approach. The Canadian Gaming Association oversees the industry, but it’s up to individual provinces to enact and enforce any laws relating to online casino gaming, sports betting, traditional casino gaming, and other forms of gambling.

Canada’s online casino gaming laws are not totally clear, but individual provinces are starting to put this right. Ontario was the first and did so when it launched its own regulated igaming market in April 2022. Now some other provinces have followed suit, creating a safer igaming environment for players in those provinces. Below is a look at gambling in Canada compared to other parts of the world, at gaming laws in Alberta compared to other provinces, and at the future of the Canadian, US, and UK gambling industries.

Canada: a forever love of gambling

Gambling in some form or other has always been popular in Canada. Way back in the 1990s, research found six in ten Canadians (60%) gambled every month. Additionally, four in ten (43%) spent between 1 and 20 Canadian dollars on gambling. Fast forward to today and the Canadian gambling market is worth 14.2 billion US dollars as of January 2024, according to data on the website of consumer and market data company Statista.

It seems Canada enjoys wagering just as much as two other countries that love a gamble: the US and the UK. Data on the Statista website shows that 49% of US adults took part in gambling activities in 2023. Fifty-six percent said their attitude towards gambling had relaxed, compared to the 50% of 2019.

The UK returned similar stats for the same year. Forty-eight percent of adults reported engaging in gambling activity. Online casinos generated the most gross gambling yield in 2023, but it was the nation’s National Lottery that people played the most.

Alberta: following Ontario’s lead

The regulatory developments in Ontario have triggered movement in Alberta. In May 2024, Bill 16, the Red Tape Reduction Amendment Act, made it through the process and later received Royal Assent to become law. The act removes the monopoly of gaming by a single government entity and will allow private operators, licensed by Alberta’s provincial regulator, to provide online gaming services in Alberta, meaning players will have a choice of more than one Alberta online casino to play at.

The regulation transforms Alberta into one of the more liberal provinces when it comes to online gambling, others being Quebec, Ontario, and British Columbia.

Several provinces, such as Novia Scotia and Northwest Territories, have no provincially regulated online gaming sites. Some also restrict betting on horse racing and/or other types of sports betting, obliging citizens to use international betting sites for freedom from caps and betting on as many events as they wish.

What lies ahead for the Canadian, US, and UK gambling industries?

Canada’s appetite for gambling is clear, and the industry’s online sector is beginning to thrive. Ontario has enjoyed vast success by creating its own regulated market, one which, in just its first year, saw Canadians place billions in wagers and the industry itself generate more than a billion in total gaming revenue.

Canada can expect to see other provinces follow Ontario’s lead and allow private operators to provide services in the province under license. The purpose of the regulation is player protection. Any province that develops a regulated market will focus on this, so there will also be regulations around the advertising of gambling services.

The US

Gambling online is the future for the US, too, although states are slow to legalize it. As of September 2024, 38 states had legalized sports betting, following the US Supreme Court’s ruling that states could regulate sports gambling directly.

Despite allowing sports betting, some states only permit in-person betting, and only a few states allow online casino gaming. Operators believe online casino gaming is the future of gambling.

The UK

In the UK, the use of artificial intelligence (AI) will get bigger and bigger. Companies have realized AI can enhance players’ experience and are embracing it more and more. For instance, sports betting websites can use it to crunch data and provide iGamers with stats and other data to make better betting decisions. They’re also understanding they can use AI to prioritize content players are likely to be interested in and to personalize their offerings and services to players’ preferences.

Canada enjoys gambling as much as America and the UK. Although laws around igaming are more of a grey area in Canada, some provinces are clearing the issue up by creating regulated markets and experiencing great success. As time goes by, more are sure to follow.