2025 March Portfolio Update

🔭Outlook

The uncertainty continues in the financial markets with escalating trade conflicts between the US and its trading partners. There will be inflation and damage to the economy to some extents but it is still too early to tell. It is also likely that some tariffs may be delayed or cancelled as countries start to negotiate trade deals with the US. I personally remain optimistic about the future and I will take advantages of the lower stock prices to build up my core positions.

At the time of writing, my portfolio went down 4.3%, which is a $30,000 loss on paper, shown in the screenshot below. I would like to show you that my portfolio is not immune to market declines, and we must accept it as part of the investment process.

1️⃣ Blossom Portfolio including TFSA, RRSP, Non-registered accounts

See my full portfolio shared for Blossom here

1. No Trades in TFSA

My TFSA account value has decreased from $180,496 to $166,962 in March, the principal contribution amount is $81,815. You can find my TFSA portfolio holdings and performance here.

2. Trades in Non-registered accounts

Deposits: $1000
🟢Bought 13 shares of BN @ $74.94
🔴Sold 102 shares of CNR @ $139.25
🟢Bought 16 shares of ADBE @ US$386.6
🟢Bought 12 shares of GOOG @ US$166.12
🟢Bought 1 share of UBER @ US$76.28
🟢Bought 0.092 shares of CSU @ $4,582.94

As mentioned in my previous update, I started reducing my railroad holdings and channeling the proceeds into companies offers higher growth potentials, such as AMZN and GOOGL.

3. Trades in RRSP account

Deposits: $5000 (Converted to US$3481)
🟢Bought 34 shares of UBER @ US$74.85
🟢Bought 5 shares of AMZN @ US$194.8
🔴Sold out 59 shares of CNR @ $138.65
🔴Sold out 60 shares of CP @ $103.94
🟢Bought 17 shares MSCI @ US$557.54
🟢Bought 2 shares of AMZN @ US$194.67
🟢Bought 2 shares of UBER @ US$74.56
🟢Bought 1 share of BN @ $75.96

2️⃣Smith Maneuver Portfolio (not tracked on Blossom)

This is a leveraged portfolio investing borrow fund from my HELOC. Note that this is a strategy with higher risks, not recommended for new investors.

Deposits: $1000
🟢Bought 41 shares AMZN CDR @ $24.31
🔴Sold 8 shares CNR @ $139.37
🟢Bought 41 shares GOOG CDR @ $27.56

Here are my current holdings:

CSU $9,480
ATD $9,703
CNR $9,473
IFC $6,860
MEQ $4,845
GOOG CDR $7,499
AMZN CDR $8,488
VISA CDR $7,974

Total: $64,425 (Principal is $63,000, up 2.3%)
HELOC balance: -$63,036.7
HELOC interest rate: prime + 0.25%= 5.45%, after-tax rate: 3.11%

You can checkout my full Smith Maneuver setup in this blog post.

(All $ represents CAD, US$ represents USD)

Comments and Questions

Make sure to leave your comments/questions on my original Blossom post and I will try my best to answer them.

DISCLAIMER: SoloFIRE is not a registered financial advisor. This post contains author's personal opinion only and it should NOT be considered financial advice.