Hi everyone, I have been following your forums for a few weeks now and I have learned alot.
I have a question about investing now.
Given that the TSX is currently up around the 10K mark, which is up about 1/3 from its levels in March (it was around 7.5K), do you think now is a good time to invest, or are things headed for a correction.
It just seems to me that the market has risen very sharply in a short time, but given the circumstances esp. in the US with the car companies...still unresolved and could result in a lot of job losses...are things going to turn down again?
I am generally not a market timer. I save each pay cheque but am wondering if I should be holding my funds in my ING account and wait to invest if things are going to turn back downward.
Any thoughts?
I have a question about investing now.
Given that the TSX is currently up around the 10K mark, which is up about 1/3 from its levels in March (it was around 7.5K), do you think now is a good time to invest, or are things headed for a correction.
It just seems to me that the market has risen very sharply in a short time, but given the circumstances esp. in the US with the car companies...still unresolved and could result in a lot of job losses...are things going to turn down again?
I am generally not a market timer. I save each pay cheque but am wondering if I should be holding my funds in my ING account and wait to invest if things are going to turn back downward.
Any thoughts?
