Have you done your taxes yet? March 2024 Net Worth Update

Hello hello, I’m your host Jonny F, and this is Late Twenties and Broke. Thanks for stopping by.

I started doing my taxes today, and about an hour in I remembered that – one thing I like a lot more than doing my taxes, is the idea of buying a gun online, waiting 6 weeks for it to show up, and then blowing my fucking brains out. Hahaha.

Well, with that out of the way, let me take a break from doing my taxes to do a good ol’ Net Worth Update.

To refresh your memory: 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.

And now, let’s dig into March 2024’s numbers:

PLTR	$3,201.00(200 shares). $4,595.84 Bro whaaaaaaaaaaat! PLTR is finally recovering? Hahaha. Now I’m only, “only”, ONLY down $2,100 on this stock. That’s nice.
KO	$1,914.00 (32.06 shares) $1,963 (32.06 shares) Floating up $50 in value, but can float right back down too. No new shares added.
DOW	$666.37(12.15 shares).$713.48 (12.3 shares) Ayyyye, little DRIP action, .15 shares added. I like it.
VZ	$296.21 (7.35 shares). $312.75 (7.465 shares) Thank you for the dividend, Mr.Verizon Man.
MO	$1,245.39 (30.01 shares). $1,341.53 (30.7 shares) You know, I put in a 90-day limit sell on this and it never hit. So ultimately, I think this stock is circling the drain. It should’ve hit, it shoudl’ve sold, and I should’ve regretted selling it. That’s what was supposed to happen. But the limit sell never hit, and now I own even more of it. Oh well haha.
TM	$392.74 (2.09 shares). $526.22 (2.09 shares). I definitely missed some news on this one. Doubled for no reason? There’s probably a reason. But I’m not gonna google it this moment. Holding 5ever.
STRC	$68.47 (100 shares). $189.57 . This one tripled?? Okay, I really gotta stay off google. Whatever these fools are doing, is working.
EDIT	$22.01(SOLD) *This is from last update, but the philosophy is still true*. 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	$12,207 (0.274 BTC). $19,620 (0.275 BTC). Up SEVEN THOUSAND USD in less than 3 months. I’m not selling til it hits at least 89 or 90,000/coin though. A 300% return would be pretty sweet.
BNB coin	$1,043.77 (3.38BNB). $1,984 (3.4 BNB). Well goddamn, she jumped up alright. Probably sell when it hits $600/coin again? I mean, she’s close. But at the same time, I’m getting a steady stake on it. So why sell?
DOGE (Sold)	$132.05(1601 coins). Sold @ $150.77(1601 coins) Soldddddddddddddd. Finally got that off my books. Watch, it’ll go 10x 2025 now that I don’t have it anymore haha.
Silver Coins&Bars	$2,000 (Haven’t purchased any precious metals in years)
Employer 401K	$29,945.79 $34,330
RRSPs trapped in Canada	$6,778USD $5,953 USD.
Chequing	$104.97 $1289.42
Savings	$6,473 $6,549 I put my credit card cashback here sometimes. Haha.
Savings Certificate	$1670 $1925.44 I was adding to this heavily when I didn’t have credit card debt to worry about. But then I bought my mom a bunch of furniture and some cross-border travel (a few borders, haha). So, paused on this one for at least a couple months.
Total Assets	$66,893.19 $81,444.80 Bro what?!?!?!?! Damn. That’s awesome. Between BTC, PLTR, and BNB. And of course, my 401K contributions. It’s adding up.
Credit Card #1	$0.00 New balance: $-1,935.44
Credit Card #2	$0.00 New balance: $-777.97
Credit Card #3	$0.
Total Debt	$–0.00 $-2,713.41
August 2023 Total:	$68,839.19 $78,731.39  “70K by summer” was my goal. I have now shattered that goal, and it’s not even March. Will the market tank by then? Who knows – probably haha.

Wow, what an update. My goal last update was “70K by summer”. Somehow, I blew past that and ended up at $78K, just before April haha. So what’s my new goal, 90K by September? (9th month, yknow). Doesn’t sound as good. Plus, a lot of this is just “high tide”. What goes up, must come down. Which is why I try to carry zero debt (I managed to be debt free for what, 3 months? Haha).

But you know what I’m saying. No debt, means no debt servicing, no interest payments – and it just makes life simpler. Paying off debt is always a fun challenge though. And last time I checked, I still got that DAWG in me, haha.

So my goal between now (March 28th) and May 1st is to pay off my credit cards (Again). To get them back to a zero balance with an auto-pay I don’t have to think about.

Well, that was a lot of writing about nothing, huh?

Make sure you’re having fun out there.

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