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pepper24 · 01-14-2009, 01:14 PM

I've added a few corporate bonds to my portfolio over the past year which has turned out ok considering the current market. My worry though is a corporate bond bubble so I am closely watching.

I agree with Money Guy's post about the perfect opportunity to buy equity especially if you're young, 35 years old or less. It'll be tough to time a bottom but if you were to buy a few shares of solid companies now and gradually top up these positions over the next few months I don't see how you can lose over the long run. Mutual funds are another option but be careful about MER costs and greasy advisors who get paid on commission. I'd stick with low cost index funds focused on the CDN, US and international equity markets as not many funds beat the market and use dollar cost averaging (buying fractions over time) to spread out risk.

01-14-2009, 01:14 PM	#18
pepper24 Franchise Player Join Date: Oct 2005 Location: Calgary, AB Exp:	I've added a few corporate bonds to my portfolio over the past year which has turned out ok considering the current market. My worry though is a corporate bond bubble so I am closely watching. I agree with Money Guy's post about the perfect opportunity to buy equity especially if you're young, 35 years old or less. It'll be tough to time a bottom but if you were to buy a few shares of solid companies now and gradually top up these positions over the next few months I don't see how you can lose over the long run. Mutual funds are another option but be careful about MER costs and greasy advisors who get paid on commission. I'd stick with low cost index funds focused on the CDN, US and international equity markets as not many funds beat the market and use dollar cost averaging (buying fractions over time) to spread out risk.