Trying to Escape the Cold and Snow
Winter in Victoria
A bitter cold, snow-filled Calgary winter had us wanting to escape. Due to heath insurance issues, we could not go south this year, so we picked Victoria, BC, as the warmest (relatively) Canadian city in winter. The day we arrived they had a rare blizzard, leaving us no better than if we stayed home. Fortunately within two days the weather improved to normal.
What a ride!!. How about that dip at the end? See the next section for a more thorough discussion of market ups and downs.
The Canadian market was down over 3% for the month and almost 5% for the first two months. My Canadian portfolio matched almost exactly the TSX.
The US markets were down about 4% for the month bringing the YTD gains to between 1% and 1.5%. My US portfolio was just below the markets for the month and is about 1% below the markets, YTD.
My total portfolio was down about 3 1/2% on the month and YTD not counting foreign exchange fluctuations. However, the strengthening US dollar brought my portfolio to about a 2% loss both for the month and YTD.