Net Worth Update | February 2024
25 Feb 2024 - 1 min read
As of February 25th 2024, my current net worth stands at $206,706.24 USD.
Asset Allocation
Cash
My cash holdings are divided between USD and CAD. I have $1,480.44 in USD and $36,170.75 in CAD, which collectively make up approximately 26.13% of my total portfolio.
With the S&P 500 and Dow Jones reaching record highs, I have been increasing my cash position in preparation for a potential market pullback.
Additionally, I am earning 5% interest annually on my cash holdings.
Stocks
Stocks represent the largest portion of my portfolio, comprising 69.43%.
Options
Options trades constitute 4.43% of my portfolio. Currently focusing on PYPL and SOFI call options because I think they will respond positively if interest rates fall.
Options trading allows me to capitalize on market movements without committing large amounts of capital.