Net Worth Update - June 28 2025

 Today is June 28, 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 $11400.14 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 1.25%.  Since the last net worth update, there has been no change in the interest rate, which is currently at 1.25%.

I opened an notice savings account (30 day) in November 2024.  Currently, the value of the account is $1721.21.  The interest rate currently is 3.00%.  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. 

The stock and ETF investment involves one stock, 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 65 units of the Bank of Montreal Canadian Dividend ETF (ZDV.TO)  and cash.  I made a purchase of 10 more units since the last update.

Shortly after the last update, a short put option was assigned. I was assigned 200 shares of Transalta Corporation (TA.TO) at $14.50 per share.

Currently, I have a covered call for 2 contracts at a strike price of $15.50 and expiration date of July 4.

On June 28 2025 , the current value of this "stock / ETF /cash account" is $4685.56 .  I have earned a total of $573.64 in total dividends/distributions in this account. 

Overall, the savings total is $17807.09 .

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 $140685.57 as of June 28, 2025. This is an increase of 3.97% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $144074.58 as of June 28 2025. This account is with Questrade. This is an increase of 15.3% 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 .

RRSP

As of June 28 2025, I own  the following:

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

219 units of XAW.TO etf

65 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)

The value of this account as of  June 28, 2025,  is $26770.50 . This is an increase of 3.68% from March 22, 2025.

Summary of Assets

Total Savings : $17807.09
Non-Registered accounts : $140685.57

TFSA Investing : $144074.58
Trading Account: $6602.03
RRSP Savings Account: $26770.50

Total Assets =$335939.77 (increase of 9.17% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $17713.36 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 = $17713.36

Total Liabilities = $17713.36

Conclusion

On June 28, 2025, my net worth is $318226.41 . This is an increase of $21143.81, or 7.12%, 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. 

To read the nineteenth net worth update, click here.

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. 

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.

Net Worth Update - March 22 2025

 Today is March 22, 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 March 22, 2025, the value of the savings account with EQ Bank is $12812.52 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 1.25%.  Since the last net worth update, the Bank of Canada cut the interest rate two times.  

I opened an notice savings account (30 day) in November 2024.  Currently, the value of the account is $748.06.  The interest rate currently is 3.00%.  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. 

The stock and ETF investment involves one stock 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 55 units of the Bank of Montreal Canadian Dividend ETF (ZDV.TO)  and cash.  The purchase of the ETF was first purchased after the last net worth update.

I have a 2 short March 21 2025 $14.50 TA.TO puts with a expiration date of March 21, 2025.  At the time of this writing, Transalta (TA.TO), closed below $14.50 on expiration day.  The option assignment will show up as 200 shares on Monday March 24. 

On March 22, 2025 , the current value of this "stock / ETF /cash account" is $4466.84 .  I have earned a total of $560.69 in total dividends/distributions in this account. 

Overall, the savings total is $18027.42 .

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 $132408.18 as of March 22, 2025. This is an decrease of 2.22% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $124900.90 as of March 22 2025. This account is with Questrade. This is an increase of 1.633% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on this account.  My covered call expired in the money as the share price was above the strike price at expiration.  This means the option will be automatically assigned and the sale of the shares will occur on March 25. As of March 22 2025, the value of this account is $6561.03 .

RRSP

As of March 22 2025, I own  the following:

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

152 units of XAW.TO etf

65 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) 

I also own 52 units of CASH.TO. 

The value of this account as of March 22, 2025,  is $25820.14 . This is an decrease of 0.78% from December 25, 2024.

Summary of Assets

Total Savings : $18027.42
Non-Registered accounts : $132408.18

TFSA Investing : $124900.90
Trading Account: $6561.03
RRSP Savings Account: $25820.14

Total Assets =$307717.67 (increase of 0.32% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $11788.17 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 = $10635.07

Total Liabilities = $10635.07

Conclusion

On March 22, 2025, my net worth is $297082.60 . This is an increase of $2124.66, or 0.72%, 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 eighteenth net worth update, click here. 

To read the nineteenth net worth update, click here.

To read the twentieth net worth update, click here. 

To read the twenty first net worth 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.

Net Worth Update -December 25 2024

 Today is December 25, 2024. 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 December 25, 2024, the value of the savings account with EQ Bank is $11688.12 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 1.75%.  Since the last net worth update, the Bank of Canada cut the interest rate two times.  The interest rate was cut by 0.50%, or 50bps, on October 23, 2024.  The interest rate was then cut by another 0.50%, 50bps, on December 11, 2024.

I opened up a notice Savings Account with EQ Bank.  A notice savings account is a new savings account offered by EQ Bank.  The notice savings account comes with one of 2 withdrawal options.  Currently, the options are an account with a 10 day withdrawal or an account with a 30 day withdrawal.  The current interest rates are 3.00% for the former and 3.05% for the latter.   

I opened an notice savings account (30 day) in November 2024.  Currently, the value of the account is $228.63.  The interest rate currently is 3.05%.  When a withdrawal is requested, it takes 30 days for the withdrawal to complete.  During the 30 days, the interest continues to accumulate. 

The stock and ETF investment involves one stock 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 55 units of the Bank of Montreal Canadian Dividend ETF (ZDV.TO)  and cash.  The purchase of the ETF was first purchased after the last net worth update.

On December 20, 2024, I covered call on TA.TO was assigned at $15.50 per share.  

On December 25, 2024 , the current value of this "stock / ETF /cash account" is $4273.10 .  I have earned a total of $537.14 in total dividends/distributions in this account. 

Overall, the savings total is $16190.03.

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 $135409.68 as of December 25, 2024. This is an increase of 3.42% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $122893.68 as of December 25 2024. This account is with Questrade. This is an increase of 1.32% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on this account.  I also sold a few covered calls on this position, and the most recent covered call expired worthless on December 20th of this month. As of December 25 2024, the value of this account is $6229.48

RRSP

As of December 25, 2024, I own 21 shares of CP Rail (Ticker Symbol  CP.TO) , 152 units of XAW, 65 shares of CN Rail (CNR.TO) and 49 shares of Alimentation Couche-Tard  (ATD.B.TO)  

I also own 52 units of CASH.TO. 

The value of this account as of December 25, 2024,  is $26022.97 . This is an increase of 2.96% from September 28, 2024.

Summary of Assets

Total Savings : $16190.30
Non-Registered accounts : $135409.68

TFSA Investing : $122893.68
Trading Account: $6229.48
RRSP Savings Account: $26022.97

Total Assets =$306746.11 (decrease of 3.00% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $11788.17 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 = $11788.17

Total Liabilities = $11788.17

Conclusion

On December 25, 2024, my net worth is $294957.94. This is an decrease of $2859.97, or 0.960%, 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 seventeenth net worth update, click here.

To read the eighteenth net worth update, click here. 

To read the nineteenth net worth update, click here.

To read the twentieth net worth 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.

Net Worth Update - September 28 2024

 Today is September 28, 2024. 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, 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 September 28, 2024, the value of the savings account with EQ Bank is $10205.66 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 2.25%.  The interest rate was reduced by 0.25%, or 25bps.  The Bank of Canada has deduced the interest rate for the first time in several years.  

The stock and ETF investment involves one stock 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, do not own any ETFs in this account since the last update.

I own 200 shares of TransAlta (TA.TO) and cash.

On September 28, 2024 , the current value of this "stock / ETF /cash account" is $3896.39 .  I have earned a total of $521.29 in total dividends/distributions in this account. 

Overall, the savings total is $14102.23

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 value is $130939.45 as of September 28, 2024. This is an increase of 8.63% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $121297.86 as of September 28 2024. This account is with Questrade. This is an increase of 18.77% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on this account.  I also sold a few covered calls on this position, and one of these is still active. As of September 28 2024, the value of this account is $6202.88.

RRSP

As of September 28, 2024, I own 21 shares of CP Rail (Ticker Symbol  CP.TO) , 144 units of XAW, 200 shares of Emera Inc (EMA.TO) and 49 shares of Alimentation Couche-Tard  (ATD.B.TO)  

I also own 52 units of CASH.TO. 

I currently have a covered call on the Emera position.  

The value of this account as of September 28, 2024 is $25275.49 . This is an increase of 7.21% from June 22, 2024.

Summary of Assets

Total Savings : $14102.23
Non-Registered accounts : $130939.45

TFSA Investing : $121297.86
Trading Account: $6202.88
RRSP Savings Account: $25275.49

Total Assets =$297817.91 (increase of 13.01% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $1279.35 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 = $1279.35

Total Liabilities = $1279.35

Conclusion

On September 28, 2024, my net worth is $296538.56 . This is an increase of $35592.05, or 13.64%, 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 sixteenth net worth update, click here. 

To read the seventeenth net worth update, click here.

To read the eighteenth net worth update, click here. 

To read the nineteenth net worth 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.

Net Worth Update - June 22 2024

Today is June 22, 2024. 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, 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 22, 2024, the value of the savings account with EQ Bank is $8675.38 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 2.50%.  The interest rate is the same as 3 months ago. 

The stock and ETF investment involves one stock 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, do not own any ETFs in this account since the last update.

I own 200 shares of TransAlta (TA.TO) and cash.

On June 22, 2024 , the current value of this "stock / ETF /cash account" is $2972.36 .  I have earned a total of $509.29 in total dividends/distributions in this account. 

Overall, the savings total is $11647.92

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 value is $120534.41 as of June 22, 2024. This is an decrease of 5.86% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $102135.40 as of June 22, 2024. This account is with Questrade. This is an increase of 1.841% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on this account.  I also have sold a covered call on this position, which is still active. As of June 22, 2024, the value of this account is $5642.73.

RRSP

As of June 22, 2024, I own 21 shares of CP Rail (Ticker Symbol  CP.TO) , 144 units of XAW, 200 shares of Emera Inc (EMA.TO) and 49 shares of Alimentation Couche-Tard  (ATD.B.TO)  

I also own 52 units of CASH.TO. 

I currently have a covered call on the Emera position.  

The value of this account as of June 22, 2024 is $23574.93 . This is an decrease of 1.852% from March 24, 2024.

Summary of Assets

Total Savings : $11647.92
Non-Registered accounts : $120534.41

TFSA Investing : $102135.40
Trading Account: $5642.73
RRSP Savings Account: $23574.93

Total Assets = $263535.39  (decrease of 2.24% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $2588.88 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 = $2588.88

Total Liabilities = $2588.88

Conclusion

On June 22, 2024, my net worth is $260946.51 . This is an decrease of $2481.84, or 0.942%, from 3 months ago.

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

Click To Enlarge

To read the eighteenth net worth update, click here.  

To read the fifteenth net worth update, click here. 

To read the sixteenth net worth update, click here. 

To read the seventeenth net worth update, click here.

To read the eighteenth net worth 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.

Net Worth Update - March 2024

Today is March 24, 2024. 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, 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 December 24, 2023, the value of the savings account with EQ Bank is $8964.08 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 2.50%.  The interest rate is the same as 3 months ago. 

The stock and ETF investment involves one stock 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, do not own any ETFs in this account since the last update.

I own 55 shares of TransAlta (TA.TO) and cash.

On March 24, 2024 , the current value of this "stock / ETF /cash account" is $2694.33 .  I have earned a total of $505.99 in total dividends/distributions in this account. 

Overall, the savings total is $11658.59 . 

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 value is $128040.55 as of March 24, 2024. This is an increase of 6.14% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $100289.06 as of March 24, 2024. This account is with Questrade. This is an increase of 10.70% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on this account.  I also have sold a covered call on this position, which is still active. As of March 24, the value of this account is $5555.68 .

RRSP

As of March 24, 2024, I own 21 shares of CP Rail (Ticker Symbol  CP.TO) , 144 units of XAW, 200 shares of Emera Inc (EMA.TO) and 49 shares of Alimentation Couche-Tard  (ATD.B.TO)  

On November 22, 2023, I sold 1 19Jan2024 $100 CP.TO call at $1.58 for a total net premium of $147.05 including commissions.  This option was assigned.  

On January 17, I purchased 25 units of XAW.TO at $35.92 for a total cost of $898.09 including commissions.  Questrade does not charge commissions when buying ETFs, but ECNs fees are charged

On January 24, I purchased 200 shares of EMA.TO at $48.60 for a total cost of $9724.95 including commissions.

On March 4, I sold 2 15May2024 $50.00 calls at $0.40 for a net premium of $68.05 after commissions.

The value of this account as of March 24, 2024 is $24019.77 . This is an increase of 7.99% from December 24, 2023.

Summary of Assets

Total Savings : $11658.59
Non-Registered accounts : $128040.55

TFSA Investing : $100289.06
Trading Account: $5555.68
RRSP Savings Account: $24019.77

Total Assets = $269563.65  (increase of 8.18% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $6135.30 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 = $6135.30

Total Liabilities = $6135.30

Conclusion

On March 24, 2024, my net worth is $263428.35 . This is an increase of $14253.57, or 5.72%, from 3 months ago.

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

Click To Enlarge

To read the fourteenth net worth update, click here.  

To read the fifteenth net worth update, click here. 

To read the sixteenth net worth update, click here. 

To read the seventeenth net worth 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.

Net Worth Update - December 2024

 Today is December 24, 2023. 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, 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 December 24, 2023, the value of the savings account with EQ Bank is $7367.27 . As of the time of this writing, the interest rate for EQ Bank is currently sitting at 2.50%.

The stock and ETF investment involves one stock 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.

In December, I sold the 100 units of BMO High Yield Covered call ETF (ZWC.TO).

I owned 83 units of Transalta Renewables (ticker symbol  RNW.TO).  Transalta Renewables paid a monthly dividend of $0.07833 per share.  On September 26, the shareholders of Transalta Renewables voted to sell their shares to Transalta.  Shareholders had  voted for one of 2 options.   One option was to receive $13.00 for each share of Transalta Renewables that we owned.  The second option was to receive a given amount of transalta share for each share of Transalta Renewable owned.  

I received 55 shares of Transalta (TA.TO)  and some cash as a result of this merger. 

On December 24, 2023 , the current value of this "stock / ETF /cash account" is $2774.73 .  I have earned a total of $502.96 in total dividends/distributions in this account. 

Overall, the savings total is $10142.18 . 

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 value is $120632.70 as of December 24, 2023. This is an decrease of 1.644% since the last published net worth post.

TFSA Investing Account

The TFSA investing account balance is $90596.64 as of December 24, 2023. This account is with Questrade. This is an increase of 9.09% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is no active trades on in this account as of the time of this writing. As of December 24, the value of this account is $5560.48 .

RRSP

As of December 24, 2023, I own 121 shares of CP Rail (Ticker Symbol  CP.TO) , 119 units of XAW, and 49 shares of Alimentation Couche-Tard  (ATD.B.TO)  

On November 22, 2023, I sold 1 19Jan2024 $100 CP.TO call at $1.58 for a total net premium of $147.05 including commissions.  At the time of this writing, Canadian Pacific Kansas City closed at $105.41 CAD. 

The value of this account as of December 24, 2023 is $22242.78 . This is an increase of 7.82% from September 24, 2023.

Summary of Assets

Total Savings : $10142.18
Non-Registered accounts : $120632.70
TFSA Investing : $90596.64
Trading Account: $5560.48
RRSP Savings Account: $22242.78

Total Assets = $249174.78  (increase of 3.62% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $0.00 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 = $0.00

Total Liabilities = $0.00

Conclusion

On December 24, 2023, my net worth is $249174.78 . This is an increase of $8709.02, or 3.62%, from 3 months ago.

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

Click To Enlarge

To read the thirteenth net worth update, click here. 

To read the fourteenth net worth update, click here.  

To read the fifteenth net worth update, click here. 

To read the sixteenth net worth 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.

Net Worth Update - September 24 2023

  Today is September 24, 2023. 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, 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 September 24, 2023, the value of the savings account with EQ Bank is $5778.57. As of the time of this writing, the interest rate for EQ Bank is currently sitting at 2.50%.

The stock and ETF investment involves a stock and an ETF 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.

I own 100 units of Bank of Montreal's  Canadian High Dividend Covered Call ETF (ZWC.TO).  I received a total of $294.64 in total distributions as of September 24, 2023.

I own 83 units of Transalta Renewables (ticker symbol  RNW.TO).  Transalta Renewables pays a monthly dividend of $0.07833 per share.  I received a total of $80.41 in total dividends as of September 24, 2023.

On September 24, 2023 , the current value of this "stock / ETF account" is $3092.76 .  I have earned a total of $464.46 in total dividends/distributions in this account. 

Overall, the savings total is $8871.51 . 

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 value is $122648.72 as of September 24, 2023. This is an increase of 5.73% since the last published net worth post.


TFSA Investing Account

The TFSA investing account balance is $83046.01 as of September 24, 2023. This account is with Questrade. This is an increase of 9.93% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on in this account as of the time of this writing. As of September 24, the value of this account is $5269.36 .

RRSP

As of September 24, 2023, I own 21 shares of CP Rail (Ticker Symbol  CP.TO) , 119 units of XAW, 49 shares of Alimentation Couche-Tard  (ATD.B.TO), and 73 shares of Canadian National Railway (CNR.TO).  

The value of this account as of September 24, 2023 is $20630.16 . This is an decrease of 0.325% from June 25, 2023.

Summary of Assets

Total Savings : $8871.51
Non-Registered accounts : $122648.72
TFSA Investing : $83046.01
Trading Account: $5269.36
RRSP Savings Account: $20630.16

Total Assets = $240465.76   (increase of 7.18% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $0.00 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 = $0.00

Total Liabilities = $0.00

Conclusion

On September 24, 2023, my net worth is $240465.76 . This is an increase of $16106.43, or 7.18%, from 3 months ago.

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

Click To Enlarge

To read the twelfth net worth update, click here.  

To read the thirteenth net worth update, click here. 

To read the fourteenth net worth update, click here.  

To read the fifteenth net worth 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.

Net Worth Update - June 25 2023

 Today is June 25, 2023. 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, 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 25, 2023, the value of the savings account with EQ Bank is $4089.82.  As of the time of this writing, the interest rate for EQ Bank is currently sitting at 2.50%. 

The stock and ETF investment involves a stock and an ETF 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.

On June 6, I purchased 42 additional shares of Transalta Renewables at $11.70 for a total cost of $496.50 including commissions.

I own 100 units of Bank of Montreal's  Canadian High Dividend Covered Call ETF (ZWC.TO).  I received a total of $261.64 in total distributions as of June 25, 2023.

I own 83 units of Transalta Renewables (ticker symbol  RNW.TO).  Transalta Renewables pays a monthly dividend of $0.07833 per share.  I received a total of $64.20 in total dividends as of June 25, 2023.

On June 25, 2023 , the current value of this "stock / ETF account" is $2895.34.  I have earned a total of $415.25 in total dividends/distributions in this account. 

Overall, the savings total is $6985.34 . 

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 value is $116005.87 as of June 25, 2023. This is an increase of 2.27% since the last published net worth post.


TFSA Investing Account

The TFSA investing account balance is $75547.39 as of June 25, 2023. This account is with Questrade. This is an increase of 6.79% since the last published net worth post.

Trading Account

The trading account is with Questrade. There is an active trade on in this account as of the time of this writing. As of June 25, the value of this account is $5123.59.

RRSP

As of June 25, 2023, I own 21 shares of CP Rail (Ticker Symbol  CP.TO) , 119 units of XAW, 49 shares of Alimentation Couche-Tard  (ATD.B.TO), and 73 shares of Canadian National Railway (CNR.TO).  The 73 shares of Canadian National were purchased during the last 3 months.

The value of this account as of June 25, 2023 is $20697.34. This is an increase of 1.236% from March 25, 2023.

Summary of Assets

Total Savings : $6985.34
Non-Registered accounts : $116005.87
TFSA Investing : $75547.39
Trading Account: $5123.59
RRSP Savings Account: $20697.34

Total Assets = $224359.53   (increase of 4.32% from 3 months ago)

Liabilities

The balance on my line of credit is $0.00. 

I owe $0.00 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 = $0.00

Total Liabilities = $0.00

Conclusion

On June 25, 2023, my net worth is $224359.33 . This is an increase of $9494.20, or 4.42%, from 3 months ago.

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

Click To Enlarge

To read the eleventh net worth update, click here. 

To read the twelfth net worth update, click here.  

To read the thirteenth net worth update, click here. 

To read the fourteenth net worth 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.