Net Worth Update - September 27, 2025

  Today is Sept 27, 2025. Although passive income through dividends and option premiums is my focus when it comes to investing, I decide to do a post about my current net worth.

What is net worth? Simply put, net worth is calculated by adding up all assets and subtracting the total of all liabilities. Net worth is sometimes referred to as shareholder's equity. Assets and liabilities are part of the balance sheet.

Assets

Savings

The savings section is currently into 3 segments. The 3 parts are a "high" interest savings account, novice savings account, savings account, and an "investment" savings account.

The TFSA savings account was with Tangerine. I was frustrated with getting such a low interest rate with Tangerine. I took the money out and placed it in non-registered high interest rate savings account with EQ Bank. Unfortunately, the account did not disappear as interest was earned in the TFSA with Tangerine for the month I transferred the balance. The balance is $0.18. With a value this low, I do not even earn interest as the balance so low.  

On June 28th, 2025, the value of the savings account with EQ Bank is $12176.08 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 1.00%.  The interest rate was actually reduced from 1.25% to 1.00% during the last 2 weeks.  The Bank of Canada recently announced a interest rate cut of 0.25%, or 25bps.

I opened an notice savings account (30 day) in November 2024.  Currently, the value of the account is $2478.46.  The interest rate currently is 2.75%.  When a withdrawal is requested, it takes 30 days for the withdrawal to complete.  During the 30 days, the interest continues to accumulate. 

The interest rate on for this 30-day notice account does not get reduced as much as a regular high interest savings account. But, during the last week or so, the interest rate on this account was reduced by 0.25%, or 25bps.

The stock and ETF investment involves one ETF and cash  that I hold within my margin account. I keep the dividends and distributions received separate from the dividends I post in my dividend income updates.

Currently, I do not own any stocks in this account.

I own 78 units of the Bank of Montreal Canadian Dividend ETF (ZDV.TO)  and cash.  I made a purchase of 12 more units since the last update.

I have almost a $3300 cash position now, as my covered call option in Transalta Corp was assigned.

On September 27 2025 , the current value of this "stock / ETF /cash account" is $5288.67 .  I have earned a total of $605.21 in total dividends/distributions in this account. Also, I have earned a total of $108.10 in option premiums in this account. 

Overall, the savings total is $19943.39 .

Non-registered Accounts

The non-registered accounts consist of a margin account and 2 stocks held directly with the transfer agents. The margin account is with Questrade. The total market value is $167032.55 as of September 27, 2025. This is an increase of 18.73% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $154630.90 as of September 27, 2025. This account is with Questrade. This is an increase of 7.33% since the last published net worth post.

Trading Account

I currently do not have any active trades in this account.  The current value of the trading account is $6602.03 .  I have active trades in this account for several months.  

RRSP

As of September 27 2025, I own  the following:

23 shares of CP Rail (Ticker Symbol  CP.TO) 

219 units of XAW.TO etf

66 shares of CN Rail (CNR.TO) 

56 shares of Alimentation Couche-Tard  (ATD.B.TO) 

47 shares of XEI.TO etf

1 share of Telus Corporation (T.TO) 

2 shares of Transalta Corporation (TA.TO)

4 units of TD Asset Mgmt  Cash ETF (TCSH.TO)

The value of this account as of  September 27, 2025, is $27734.30 . This is an increase of 3.60% from June 28, 2025.

Summary of Assets

Total Savings : $19943.39
Non-Registered accounts : $167032.55

TFSA Investing : $154630.90
Trading Account: $6602.03
RRSP Savings Account: $27734.30

Total Assets =$375943.17 (increase of 11.91% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $19130.20 in my margin account.  The margin is in the Canadian dollar account within my margin account in Questrade.  The USD account in Questrade has a positive cash balance.

Summary of Liabilities

Credit Line = $0.00

Margin = $19130.20

Total Liabilities = $19130.20

Conclusion

On September 27, 2025, my net worth is $356812.97 . This is an increase of $38586.56, or 12.13%, from 3 months ago.

The market continues to go up and down. During the last 3 months, we have seen inflation going down, but the fears of a recession continue to take hold. 

CLICK TO ENLARGE

To read the twentieth net worth update, click here. 

To read the twenty first net worth update, click here. 

To read the twenty second network update, click here. 

To read the twenty third network update, click here.

Disclosure: - Long all aforementioned stocks
  

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Dividend Income Update - August 2025

                               

The month of August 2025 is another month of dividend income landing in my accounts. 

Due to becoming debt free, I changed my pay myself model. Starting the beginning of August 2021, I am paying myself 30%, just like before. This will now consist of 24% to investing, and 6% to savings.  The investment portion is going to my TFSA. Any money left over at the end of the month, I put towards investing on top of the money allocated from paying myself first. Hopefully, I can keep this up!

Update on paying myself first. At the start of August 2022, I now pay myself 35%.  This will consist of 25% to investing and 10% to savings. 

At the start of January 2024, I allocated 27% to investing and 10% to savings. 

Starting July 2024, I started allocating 30% to investing and 10% savings.

Note: All the dividends and totals below are in Canadian Dollars

I received a total of $554.66 in dividend income for the month of August 2025. This represents a 2.69% increase from 3 months ago and a 3.85 increase year over year.

I received dividend / distribution income from 9 different companies.

I received $0.00 in net option premiums within my investment accounts in August 2025.  

Below is a visual of my dividend totals for the last 5 years.

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Most of my dividend income usually comes from my margin account.  As more investments and DRIPs are made inside TFSA, the percentage of dividend income for the TFSA is increasing. 

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Next, I will show the percentage of total income for each position.

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In the first eight months of 2024, I received $7286.12 in dividends. In the first eight months of 2025, I received $8378.59 in dividends. This is an increase of 14.99% in 2025 over the same period in 2024. 

The graph below shows my total dividend income, as per the blog, since 2012. 

Click To Enlarge

I will update my dividend income tab with the new amount. I will include my option premium income also. It is great to see money from passive income sources deposited into my brokerage account every single month.

Note: Any activity in my RRSP account is not included in these totals.

How was your dividend income for August 2025?

Disclosure : Long all mentioned securities

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Portfolio Update - August 2025

The month of August 2025 as ended and it was quite the month! 

On August 18th, Pierre Poilievre won the by-election in Battleford-Crowfoot in Alberta.  This allows him to return to parliament as leader of the opposition.  This could be a beneficial if the two major parties are willing to come together to help Canada. 

In Canada, they have been major wildfires in several provinces that are affecting people lives and the transportation of goods across the country.  

Recently in Canada, the unemployment rate  in Canada was over 7%.  Things are slowing down and people are more cautious of spending money due of rising costs of everything.   

The S&P500 was up 2.15% over the past month.  In the last 5 days, the S&P500 was down 0.12%. 

The S&P TSX Composite Index was up 4.05% over the past month.  In the last 5 days S&P TSX Composite Index was up 2.23% over the last 5 days.

Portfolio Activity

Margin Account Activity

There has been no activity in this account since the last update.

TFSA Activity

On August 19 ,  I purchased 9 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $12.69 per unit for total cost of $114.21 including commissions.  Currently, Harvest Diversified High Income Shares ETF  pays and annual dividend of $3.00 per unit.  The distribution is paid monthly.  The yield on cost for this purchase is 23.6%.

This purchase adds $27.00 to my annual dividend income. 

On August 21 ,  I purchased 5 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $12.55 per unit for total cost of $62.75 including commissions.  The yield on cost for this purchase is 23.9%.

This purchase adds $15.00 to my annual dividend income. 

On August 29 ,  I purchased 10 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $12.43 per unit for total cost of $124.30 including commissions.  The yield on cost for this purchase is 24.13%.

This purchase adds $30.00 CAD to my annual dividend income. 

On August 14, 2025, I purchased 2 shares of Canadian National Railway (CNR.TO) at $127.60 for a total cost of $255.20 .  Currently, Canadian National Railway pays an annual dividend of $3.55 CAD per share.  The yield on cost for this purchase is 2.78%.  This purchase added to my Canadian National Railway position inside my TFSA. 

This purchase adds approximately $7.10 CAD to my annual dividend income.

Shares Purchased Via DRIP

1 unit of KMP.UN  @ $17.6013  for a total cost of $17.60 CAD (TFSA)

1 unit of REI.UN @ $17.83935 for a total cost of $17.84 CAD (TFSA)

1 unit of SRU.UN @ $26.54696 for a total cost of $26.55 (TFSA)

3 shares of EMA.TO @ $65.63912 for a total cost of $196.92 CAD (Margin)

1 shares of FTS.TO @ $68.20004 for a total cost of $68.20 (TFSA)

1 unit of BPF.UN @ $21.65923 for a total cost of $21.66 (TFSA)

I have some other positions with the DRIP turned on but might not have enough of a dividend to purchase a whole share. 

My Enbridge position directly with the transfer agent is set up to DRIP.  Around November 2018, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

Dividend Increases

On August 14th, Boston Pizza Royalties Income Fund increased their distribution from $0.115 to $0.12 per unit monthly, or from $1.38 to $1.44 per unit annually.  This is an increase of 4.35%.

I owned 319 units of Boston Pizza Royalties Income Fund at the time of this increase.  This increase adds $19.14 CAD to my annual dividend income.

Dividend Decreases

There has been no dividend decreases in August 2025.

Summary: 

As of September 6, 2025, the total value of the portfolio is $298773.48 CAD. This is a 5.07% increase over last month's total.

The portfolio is estimated to produce an estimate $13013.71 CAD in dividend income over the next 12 months. This is an increase of $118.40 CAD , or 0.918%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Dividend increases or decreases announced already for April 2025, will be included in the next portfolio update. 

 

Please Note: Positions in Restaurant Brands International (QSR.TO),  Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.TO)  pay dividends in US dollars. Brookfield Renewables Partners (BEP.UN) pays distributions in US dollars. My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time. 

Disclosure: Long aforementioned stocks

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice. Every individual should do their due diligence to make their own financia