Portfolio Update February 2025

Video Blog

Major Indices VS My RRSP

Well the majority of February was on an upwards trend, the last week sure turned that around!

What little gain VTI had on the S&P 500 last month it gave up this month 😢.

• I’m still considering VOO over VTI.

Index wise TSX is the only index up and SCHD is the winner of my RRSP by a fair margin.

Ticker	Index	2025-02-01	2025-02-28	Percentage Gain
.INX	S&P 500	5994.57	5954.5	-0.67%
.IXIC	Nasdaq 100	19391.96	18847.28	-2.81%
.DJI	Dow Jones	44421.91	43840.91	-1.31%
TX60	TSX 60	1522.29	1532.18	0.65%

Ticker	My RRSP ETFs	2025-02-01	2025-02-28	Percentage Gain
VDY	FTSE Index CAD	49.42	50	1.17%
XAW	Many Indexes	46.36	46.17	-0.41%
SCHD	Subset of Dow	27.72	28.54	2.96%
VTI	Total US Market	296.42	292.96	-1.17%

My Moves

February was a very busy month as you may have gathered from my article last week.

It also marks Tax season here in Canada so I will be submitting our taxes and we are looking forward to a decent return once again. Mostly due to self directed RSP contributions.

• Unfortunately I sold a bit of crypto this year and will need to wait for them to open filing up for those with capital gains.
  • If the market continues to decline this will be a blessing in disguise. If not that’s life I guess

TFSA Buys & Sells

• Manually dripped SPLT as a part of us investing a portion of our joint account.
• I swapped PSA for PREF
  • If you recall a few months ago I switched CASH for SPLT which has been a fantastic choice, for diversification I decided to do PSA for PREF as PSA’s distributions have become quite small
• Bought:
  • VDY
  • QQCL
• Added slightly to UTES
• Sold out of ATD and put the proceeds into VDY
• At the end of the month I sold some PREF to buy GOOG and AMD
  • Some on February 26th and some on the 28th.
  • The main reason for these purchases is I feel both are simply out of favour and are extremely undervalued. I’ve seen and heard many folk comment on this so I decided to do something for the first time ever… I listened to both earnings calls.
    • For me moving forward any single stock I buy must either be really undervalued or having some kind of big advantage.
    • I also must listen to their earnings calls.

Once again I decided to allocate some of my investible funds to paying down the LoC used to buy BANK. Unfortunately my teaser rate has run out and I’m waiting for another 😢

• Please note that BANK’s dividend alone is more than enough to cover the revolving rate if I needed it.

TFSA Breakdown

• I have decided to leave GOOG AMD and another small growth bet off of my chart this month
• percentages are calculated based on current market value
• the entirety of BANK was purchased with a line of credit offer. It has worked out well for me but it is risky to do this
• SPLT is my wife and I’s joint emergency fund.

Positions I am thinking about consolidating are:

• AQN still bag holding here, may soon be time to cut my losses
• T Thinking of selling out of this one and increasing UTES and adding more to BANK

Breaking out each Account

RRSP Buys

This month I added to my XAW position to pull its weighting in advance of me liking buying a big chunk of SCHD in March.

RRSP Breakdown

• percentages are calculated based on current market value, USD is converted to CAD based on google finance rate

Dividend Increases and Decreases

• Hamilton raised dividends for many of their ETFs including two in my portfolio
  • HYLD 0.143 -> 0.145
  • HDIV 0.171 -> 0.172
• QQCL was raised from 0.25 to 0.295 up an incredible 18%
• Not necessarily a direct dividend increase or decrease but on March 21st 2025 SCHD will be reconstituting like they do every year

Fear and Greed Index

Wrap Up

That’s all for this months review thank you for reading!

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• Subscribing to my YouTube Channel
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• Simply continuing to read my weekly posts here.

Cheers ☕