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.