FFJ Portfolio – March 2022 Report

This is my FFJ Portfolio - March 2022 Report.

My February 2022 Report was posted on March 16th upon my return from a ski trip to various resorts in British Columbia. Since my February report was posted in mid-March, I included a list of purchases I made in the first half of March while on vacation.

Following these early March trades, rising equity prices have led to less attractive valuation levels. As a result, I have refrained from acquiring additional shares other than through the automatic reinvestment of dividends.

Sales

I very infrequently exit positions. In mid-February, however, I explained in my 3M: This Dividend King Is A Train Wreck post why I exited this holding.

In the second half of March, I exited a small position in Colgate (CL). I explain my rationale for doing so in my recent Why I Exited My Colgate Position guest post at Dividend Power.

Redistribution

In the 2nd half of March, I transferred all the 409 Carrier Global (CARR), 400 Heico Class A (HEI-a), and 203 Otis Worldwide (OTIS) shares from Investment Account #6 to Investment Account #9 for tax planning purposes. These transfers trigger capital gains and also result in a revision in the average cost of each holding from those reflected in my February 2022 report.

Holdings

The month-end FFJ Portfolios are accessible here and the dividend income reports are accessible here.

The value of the holdings in the FFJ Portfolio as at the end of January, February, and March 2022 are:

January 2022

Core Accounts: ~$773,000 CDN and ~$1,858,000 USD

Side Accounts: ~$666,000 CDN and ~$1,475,000 USD

Total: ~$1,439,000 CDN and ~$3,333,000 USD

February 2022

Core Accounts: ~$778,000 CDN and ~$2,014,000 USD

Side Accounts: ~$672,000 CDN and ~$1,465,000 USD

Total: ~$1,450,000 CDN and ~$3,479,000 USD

March 2022

Core Accounts: ~$810,000 CDN and ~$2,118,000 USD

Side Accounts: ~$696,000 CDN and ~$1,554,000 USD

Total: ~$1,506,000 CDN and ~$3,672,000 USD

NOTE: The values reflected above exclude investments in several tax-efficient accounts for which I do not disclose details.

That's it for now.

I wish you much success on your journey to financial freedom.

Note: Please send any feedback, corrections, or questions to [email protected].

Disclaimer: I do not know your circumstances and am not providing individualized advice or recommendations. I encourage you not to make any investment decisions without conducting your research and due diligence. You should also consult your financial advisor about your specific situation.

I wrote this article myself and it expresses my own opinions. I am not receiving compensation for it and have no business relationship with any company whose stock is mentioned in this article.