Month: January 2024

How’s it going folks? I’m your host Jonny F, and this is Late Twenties And Broke. Thanks for stopping by.

We’re 7 (seven!) days into 2024, so it’s high-time I do a start-of-the-year Net Worth Update.

I’m starting this year off magically. Much better than 2023. I have a wonderful partner, I’m debt-free, I have 30+ days of travel&vacation coming up, and I have pretty good employment. A totally different situation than when I started this blog, so thanks for coming along for the ride. But this train’s got no brakes baby. Let’s dig into some numbers.

Last Net Worth Update (December):

PLTR	$4,128.00(200 shares). $3,632. Well, PLTR has swung down again. Still making some income selling annual out-of-the-money calls though. Holding it 5ever.
KO	$1,8824.00 (31.81 shares) $1,862 (31.81 shares) Dipped another twenty bucks, but there is a dividend pending so it’s all good.
DOW	$619.95(11.84 shares).$624.75 (11.99 shares) Same thing, share price went down but got a little DRIP.
VZ	$266.59 (7.35 shares). $279.82 (7.35 shares) No change since November, aside from $5.
MO	$1,226.48 (30.01 shares). $1,275.71 (30.01 shares) No real change from November, aside from $50.
TM	$400.84 (2.07 shares). $388.30 (2.07 shares). No new DRIP, but there is a dividend pending.
STRC	$68 (100 shares). $67.36 . This robotics company hasn’t released their Tony Stark Ironman suits yet, but a man can dream.
EDIT	$19.60 (2 shares). $22.20 This company still doesn’t have the capabilities to develop X-men or Marvel superheroes.
Bitcoin	$10,410.00 (0.274 BTC). $11,503 (0.274 BTC). Up another grand, which is awesome. But you know how BTC is, always swinging around.
BNB coin	$829.92 (3.373BNB). $774.51 (3.37 BNB). Little dip, but it’s crypto. I always assume the dip lol.
DOGE	$103.97(1601 coins). $143.40(1601 coins) Somehow I’m up $4 overall on this one? Nice. I’m used to being sixty dollars underwater.
Silver Coins&Bars	$2,000 (Haven’t purchased any precious metals in Japan)
Employer 401K	$25,456.04 $27,596.94 I’m gonna be honest, I’m too lazy to look this one up so we’ll just pretend it’s the same.
RRSPs trapped in Canada	6,611.13USD 6,671.13 USD. Pretty standard. This only grows when Tesla goes crazy.
Chequing	$926.11. $629.78
Savings	$6,463.80 $6,465.09 Chilling.
Savings Certificate	$519.86 $721.69 Added $200 to this, since I don’t have a credit card to worry about anymore.
Total Assets	$59,388.90 $62,039.30 Jeeeeez, I did not expect to have $62,000 in assets. That’s actually phenomenal.
Credit Card	-7,000.18 -5669.99 $-4,977.16. $4,033.64. –$1,087.45. New balance: $0.00
Credit Card #2	$0.
Credit Card #3	$0.
Total Debt	$–$1,087.45 $0.00
August 2023 Total:	$60,951.85. $64, 657.68 Jeeeeez. Up another 3 and a half grand. In literally like, 2 weeks. I am so glad I paid off that damn credit card. Wow.

And now, Jan 2024’s numbers:

PLTR	$3,632.00(200 shares). $3,201. What a surprise, PLTR is down again haha. It is what it is. One of my calls is expiring on Jan 19th, so at least I can sell a out-of-the-money call again to squeeze some derivative juice out of this orange. If you don’t know what a derivative is, you need to read Rich Dad Poor Dad again.
KO	$1,862.00 (31.81 shares) $1,914 (32.06 shares) The DRIP has added up to another share, bringing me past the 32 mark. Coke stock is just so damn reliable. And from all the Coke Zero I drink, I can see why their profits are so steady haha. Doesn’t matter what country I’m in – I can always find Coke Zero.
DOW	$624.75(11.99 shares).$666.37 (12.15 shares) Good day for the DRIP. Rolled from 11 shares over to 12.
VZ	$279.82 (7.35 shares). $296.21 (7.35 shares) $20 of growth? Shit, I’ll take it.
MO	$1,275.71 (30.01 shares). $1,245.39 (30.01 shares) There’s a pending dividend of $29, which is cool. I’ve actually had a limit sell posted for Altria (MO) for about a month now. I bought it because I used a lot of ON! Pouches, and Altria Group bought ON! from the original Swedish company. They also own Skoal and Copenhagen. But I don’t even use ON! anymore. I just feel like they’re gonna lose market share over a 10 or 20 year period.
TM	$388.30 (2.07 shares). $392.74 (2.09 shares). The December dividend was $3.46, nothing crazy but hey – free money.
STRC	$67.36 (100 shares). $68.47 . This robotics company was a lottery ticket for me. I have 100 shares so if it jumps, I can definitely sell some out-of-the-money calls. But that probably won’t be for 5 years, or they’ll just get delisted. We’ll see. I just want an Ironman suit or a cool cyborg hand.
EDIT	$22.20 (2 shares). $22.01(SOLD) I got in at $7/share, got out 2 months later at $11/share for 2 shares. I’m just tired of putting money into “exciting new” stocks and then getting stuck with a loss (*cough* Palantir *cough*). I’d rather put the money into solid dividend companies or real estate.
Bitcoin	$11,503.00 (0.274 BTC). $12,207 (0.274 BTC). Up another $700. I’m not selling til it hits at least 89 or 90,000/coin though. A 300% return would be pretty sweet.
BNB coin	$774.51 (3.373BNB). $1,043.77 (3.38 BNB). Got some stake action on this one. Not sure what my long term plan on this one is. Probably sell when it hits $600/coin again?
DOGE	$143.40(1601 coins). $132.05(1601 coins) Alright, this one is annoying. I’ve had a limit sell on this for a month, but Crypto.com is trash. I was finally up $15 so I wanted to get out of it, and despite chilling above my limit sell for hours at a time – it just wouldn’t execute. So the price ceiling of $0.09 must just be stacked with sell orders.
Silver Coins&Bars	$2,000 (Haven’t purchased any precious metals in Japan)
Employer 401K	$27,596.94 $29,945.79 Up another 2.5Gs, ol’ reliable. And it’s definitely crossing the 30K mark like…next month. Shit’s wild.
RRSPs trapped in Canada	$6,671.13USD $6,778 USD. Pretty standard. This only grows when Tesla goes crazy.
Chequing	$629.78 $104.97
Savings	$6,465.09 $6,473 Chilling.
Savings Certificate	$721.69 $1670 Been adding to this heavily now that I don’t have credit card debt to worry about. Plus there’s a 4% dividend, so why not? Basically a dividend stock without any risk.
Total Assets	$62,039.30 $66,893.19 Bro what??
Credit Card	-7,000.18 -5669.99 $-4,977.16. $4,033.64. –$1,087.45. New balance: $0.00
Credit Card #2	$0.
Credit Card #3	$0.
Total Debt	$–$1,087.45 $0.00
August 2023 Total:	$64,657.68. $66,839.19 With no debt to slow me down, I’m on a nice upswing. Up another 2 grand. “70K by summer” is sounding a lot more possible now.

There’s a saying: “If you want to go fast, go alone. If you want to go far, go together”. I’ve had so many mentors over the years. And so many peers (online or otherwise) to look up to, to see the road ahead and try to learn from their mistakes.

But it’s only when the student is ready, that the teacher appears. I’m going to start recommending certain books on here, that have helped me along the way. They helped when times were tough, and when times were good as well. But if you’re in a debt emergency, or stressed at all about your debt, the #1 book I can recommend is Total Money Makeover by Dave Ramsey. He’s not the best voice when it comes to building wealth, but he definitely has a lot of expertise in helping folks fix their budget and get debt paid off fast. I’ll be posting a full review in the future, along with a guide to maximizing your credit score (I’m sitting at 813 right now).

Remember, I’m rooting for ya. Keep your stick on the ice.
-Jonny F