Canadian Money Forum banner
1 - 3 of 3 Posts

·
Administrator
Joined
·
5,285 Posts
If one is timing the market, this might be as good a time as any to buy AA ETFs. There is a suggestion however that markets have another 10% or more to fall. 10 Investing Rules
That was my thinking. I only have one 2020 discount stock left that I'm letting ride up, the rest went into long term holds with CDN banks & mawer in the past while.

If there is one thing I learned a long time ago is never hindsight trade, as in, who knew XEG was going to $50! ;)
 

·
Administrator
Joined
·
5,285 Posts
I totally agree with buy low sell high. But hanging on to AAs as they go up and down does not maximise that.
It may not maximize it but if AA returns back to normal levels shortly it's no big deal. I do buy on value (with new cash or an asset allocation shift) but I don't part with my long term holds unless the business is going sour. For me it's a long game, as in, in two years time I'll look back at the charts and likely see a small valley for AAs.
 
1 - 3 of 3 Posts
Top