Quote:
Originally Posted by mykalberta
I am too nervous about stocks and the like. I keep 40% of my assets cash in PC Financial and ING, 40% RRSP and 20% stocks.
|
You know, don't you, that an RRSP is not an investment? You list it with investments so your asset allocation really only shows 60% of your investment assets.
Quote:
Originally Posted by Nancy
We are still at the early stages of this recession, there haven't been any substantial job losses or cutbacks yet. It's way too early to call bottom.
|
The market tends to lead the economy by about 6-8 months. So, if you feel that the economy will turn around in half a year, then based on history now would be the time to be buying.