Quote:
Originally Posted by sinner
I would think the answer to every post would be:
buy equity and fixed income index funds
Now would be the time to buy equity since the market is down (assuming you believe that the market is in recovery mode and won't double dip). As for FI Index, same thing - if you think the market is going up, probably not a terrible thing since its indexed. In Canada, I'd prefer dividend funds though, since they're taxed at a favourable rate + opportunity for capital gains now since market appears to be in recovery mode. Fully taxed income ftl.