With the current market correction and extreme market volatility, i’m curious as to what the readers are doing with their money. The market has a way of bringing out the true risk profiles of investors. If this correction is making you queasy, then it is likely that your equity exposure may be a bit too high and it may be time to rethink the percentage of bonds within your portfolio.
As I have a relatively long time frame until retirement and signifcant percentage held in cash, I see the current correction as an opportunity to add to new and existing positions. Thus far, I have added to the indexed RESP portfolio, and added to an existing position within my leveraged smith manoeuvre portfolio. I hope to buy more as valuations become more attractive.
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