Net Worth Update - December 27 2025

 Today is December 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 $12967.24 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 1.00%.  There has been no change in the interest rate since the last update.

I opened an notice savings account (30 day) in November 2024.  Currently, the value of the account is $3530.81.  The interest rate currently is 2.75%.  There is no change in the interest rate since the last update. 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 90 units of the Bank of Montreal Canadian Dividend ETF (ZDV.TO)  and cash.  I made a purchases resulting in 12 more units since the last update.

I own 100 shares of TransAlta (TA.TO) due to a put option being assigned on December 19 2025 at $18.50 per share.

I have $1190.55 in cash inside the account.

On December 27 2025 , the current value of this "stock / ETF /cash account" is $5426.97 .  I have earned a total of $619.12 in total dividends/distributions in this account. Also, I have earned a total of $164.17 in option premiums in this account. 

Overall, the savings total is $21925.20 .

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 $169316.45 as of December 27, 2025. This is an increase of 1.367% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $170226.76 as of December 27, 2025. This account is with Questrade. This is an increase of 10.09% 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 December 27 2025, I own  the following:

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

225 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

3 shares of Telus Corporation (T.TO) 

2 shares of Transalta Corporation (TA.TO)

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

The value of this account as of  December 27, 2025, is $29536.37. This is an increase of 6.50% from September 27, 2025.

Summary of Assets

Total Savings : $21925.20
Non-Registered accounts : $169316.45

TFSA Investing : $170226.76
Trading Account: $6602.03
RRSP Savings Account: $29536.37

Total Assets =$397606.81 (increase of 5.76% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $18354.84 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 = $18354.84

Total Liabilities = $18354.84

Conclusion

On December 27, 2025, my net worth is $379251.97 . This is an increase of $22439.00, or 6.29%, 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. 

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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.

To read the twenty fourth 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 - November 2025

                                                    

The month of November 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 $581.55 in dividend income for the month of November 2025. This represents a 4.85% increase from 3 months ago and a 11.12% increase year over year.

I received dividend / distribution income from 10 different companies.

I received $0.00 in net option premiums within my investment accounts in November 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 eleven months of 2024, I received $10278.94 in dividends. In the first eleven months of 2025, I received $11637.01 in dividends. This is an increase of 13.21% in 2025 over the same period in 2024. 

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

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As the above graph shows, I passed my annual dividend income from all of 2024 during the month of November.

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 November 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 - November 2025

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

During the month of November, the Prime Minister of Canada and the Premier of Alberta signed of MOU with regards to a new pipeline to the west coast of Canada. 

The rising cost of living seems to keep going up.  It seems every month, groceries seem to be getting more expensive. 

The S&P500 was up 2.10% over the past month.  In the last 5 days, the S&P500 was up 0.85%. 

The S&P TSX Composite Index was up 4.68% over the past month.  In the last 5 days S&P TSX Composite Index was up 0.16% over the last 5 days.

Portfolio Activity

Margin Account Activity

On December 2, I purchased 50 units of Hamiliton Enhanced Canadian Covered Call ETF (HDIV.TO) at $20.62 per unit for a total cost of $1031.00.

On December 5, I sold these 50 units of this ETF at $20.92 per unit for a total $1046.00.  The gross profit on this trade is $15.00.

The smaller net profit will be the result of margin interest during the duration of the trade. 

On December 5, I purchased 60 shares of Air Canada (AC.TO) at $18.87 per share for a total cost of $1132.20. There is no intention to keep this as a long term hold. 

 

TFSA Activity

On November 13 ,  I purchased 20 units of Allied Properties REIT at $13.77 per share for total cost of $275.40 including commissions.  At the time of this trade, Allied Properties REIT pays a distribution of $0.15 CAD per unit quarterly, or $1.80 CAD per unit annually.  The yield on cost for this purchase is 13.07%.

This purchase adds $36.00 CAD to my annual dividend income. 

On November 17 ,  I purchased 20 units of Allied Properties REIT at $13.25 per share for total cost of $265.00 including commissions.  At the time of this trade, Allied Properties REIT pays a distribution of $0.15 CAD per unit quarterly, or $1.80 CAD per unit annually.  The yield on cost for this purchase is 13.58%.

This purchase adds $36.00 CAD to my annual dividend income. 

On November 17 ,  I purchased 10 shares of TFI International at $118.50 per share for total cost of $1185.00 including commissions. Currently, TFI International pays a annual dividend of $1.80 USD per share.  At the time of this writing, this is equivalent of $2.489 in Canadian dollars. Using the Canadian dollar equivalent at the time of this writing ,  yield on cost for this purchase is 2.10%.

This purchase adds $24.89 CAD to my annual dividend income.

On November 21, I added 3 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $12.37 CAD per share.  Currently, HHIS pays dividend of $0.27 per share monthly, or $3.24 per share annually.  The yield on cost on this purchase is 26.19%.

This purchase adds $9.72 CAD to my annual dividend.

On November 24 ,  I purchased 15 shares of Telus Corporation at $18.40 per share for total cost of $276.00 including commissions.  Currently, Telus pays a dividend of $ 0.4184 CAD per share monthly, or $1.6736 CAD per share annually. The yield on cost for this purchase is 9.09%.

This purchase adds $25.10 CAD to my annual dividend income. 

On December 5,  I purchased 4 units of Allied Properties REIT at $12.72 per share for total cost of $50.88 including commissions.  At the time of this trade, Allied Properties REIT pays a distribution of $0.06 CAD per unit quarterly, or $0.72 CAD per unit annually.  The yield on cost for this purchase is 5.67%.

This purchase adds $2.88 CAD to my annual dividend income. 

Shares Purchased Via DRIP

3 shares of EMA.TO  @ $67.3766 CAD for a total cost of $202.13 CAD (Margin)

1 unit of REI.UN @ $18.60 for a total cost of $18.60 CAD (TFSA)

1 unit of KMP.UN @ $16.70624 for a total cost of $16.71 CAD (TFSA)

1 unit of SRU.UN @ $26.33441 for a total cost of $26.33 (TFSA)

1 unit of AP.UN @ $13.45 for a total cost of $13.45 CAD (TFSA)

1 unit of BPF.UN @ $20.9217 CAD for a total cost of $20.92 CAD (TFSA)

1 share of FTS.TO @ $72.07166 for a total cost of $72.07 CAD (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 November 4, Fortis increased the dividend from $0.615 to $0.64 CAF per share quarterly, or from $2.46 to $2.56 CAD per share annually.  This is an increase of 4.07%.

At the time of this increase, I owned 131 shares of Fortis.  This increase adds $13.10 CAD to my annual dividend income.

On November 7, Telus Corporation increased their dividend from $0.4163 to $0.4184 CAD per share monthly, or from $1.6652 to $1.6736 CAD per share annually.  This is an increase of 0.504%.  Telus has been increasing their dividend semi-annually.  

At the time of this increase, I owned 501 shares of Telus.  This increase adds $4.21 CAD to my annual dividend income.   

 Harvest ETFs released their distributions dates for several ETFs.  HHIS ETF announced the next monthly distribution will be $0.27 CAD per unit, which is $0.01 CAD per unit from the previous month. This is an increase of 3.85% . 

I owned 38 units of HHIS at the time of this increase.  This increase adds $4.56 CAD to my annual dividend income.

Dividend Decreases

There has been no dividend decreases in November 2025. Due to several purchases of Allied Properties, I included their announcement on December 1.  Allied Properties reduced their distribution from $0.15 to $0.06 CAD per unit monthly, or from $1.80 to $0.72 CAD per unit annually. At the time of this announcement, I owned 141 units of Allied Properties. 

This decrease reduces my annual dividend income by $152.28 CAD.

Summary: 

As of December 7 2025, the total value of the portfolio is $317195.06 CAD. This is a 2.34% increase over last month's total.

The portfolio is estimated to produce an estimate $13328.84 CAD in dividend income over the next 12 months. This is an decrease of $5.42 CAD , or 0.041%. 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.

Any dividend increases or decreases (except Allied Properties included above) in December 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 financial decisions based on their own research and tolerance for risk.