Preds GM Around, but not much access over the next two weeks!
With RRSP season in full swing and a provincial election my time is limited to say the least. All of this ends March 3rd though! I will be around from time to time, but the best bet is to PM me and I will do my best to respond promptly and intelligently!
The Preds are open to deals though, and there are a lot of guys that we want to move before the deadline!
Is it a good idea to take out a $29,000 RRSP catch up loan to try and take advantage of down trodden stock prices as the U.S. forecasts a recession? Or should I just cost average that over a longer period of time?
__________________ "Some guys like old balls"
Patriots QB Tom Brady
You should do this, but wait for the market to drop over the next six months before you sink it all in. You can still do the big loan to save the taxes this year, but dollar cost average it into the end holdings.
Preds GM Around, but not much access over the next two weeks!
