How will you be investing in this highly overpriced market?

[timelessblurr]

I don’t think the states will come crashing down or anything but now is the best time to diversify in my opinion. Can’t be betting 100% on US equities with everything that’s going on right now

 

[Leannabanks]

Continue to stick too two tech companies and two indexes pre pair for blow off top onto 2026 then crash into 27

 

[HungSowel]

Right now there are new bank/investment companies entering the Canadian Market like Wealthsimple and Webull. There are some pretty spectacular promos vying for customers. Last year Wealthsimple was offering 1% bonus that is tax free, this year Webull was offering 2% tax free bonus and right now TD is offering 2% tax free bonus for registered (RRSP, TFSA, First Home whatever) accounts.

Carney seems intent on de-monopolizing banking, there should be even more competitive offers in the future and I think Banking stocks will suffer a blood bath. Carney also seems intent on de-monopolizing telecom so telecom stocks will suffer a bloodbath. The only bread-and-butter Canadian stocks left would be natural resources, oil, gas, and utilities.

 

[seanv]

Index fund but watch it closely because hard crash possible within 2 years (Russia/Ukraine, Taiwan, soft debt default by US govt- probably by next May, or AI Tech bubble - AI currently loses money, 30% on every dollar)

Ultimately I think bond market will crash the stock market

 

[slowmo]

I'm retired and a lazy investor. Primarily invested in covered call ETF's that pay out monthly distributions with a small amount of growth ETF's. Averages around 15% annual yield. Once a month, I pull out the cash, pay my bills and re-invest a bit.

 

[Ahri]

I have been keeping it simple and just been investing in XEQT almost all my money goes to ETFs though I should start diversifying more and maybe buy single stocks.
I just am not very risk averse

 

[HungSowel]

I have been keeping it simple and just been investing in XEQT almost all my money goes to ETFs though I should start diversifying more and maybe buy single stocks.
I just am not very risk averse

If you have been with XEQT, I am jealous, that ETF has performed magnificently.

In your case I think diversification should be other asset classes and not more stocks; precious metals, corporate bonds, real estate, Bitcoin, etc... I am not recommending any specific asset classes, just giving examples.

 

[Ahri]

If you have been with XEQT, I am jealous, that ETF has performed magnificently.

In your case I think diversification should be other asset classes and not more stocks; precious metals, corporate bonds, real estate, Bitcoin, etc... I am not recommending any specific asset classes, just giving examples.

I’m going to look into precious metals next thanks to this job I was able to get into real estate

 

[Goodoer]

I have been keeping it simple and just been investing in XEQT almost all my money goes to ETFs though I should start diversifying more and maybe buy single stocks.
I just am not very risk averse

If I can offer anything to you it would be my experience…. I’ve made more money on ETFs than on individual stocks…. The stock hits seem to balance out with the misses to some extent…. I’ve had some pretty epic winners. My wife on average gets better returns doing nothing. She looks at her ETFs once per year.

 

[Ahri]

If I can offer anything to you it would be my experience…. I’ve made more money on ETFs than on individual stocks…. The stock hits seem to balance out with the misses to some extent…. I’ve had some pretty epic winners. My wife on average gets better returns doing nothing. She looks at her ETFs once per year.

Thank you I appreciate this advice it’s hard to ask my peers about financial advise since I have to keep my job a secret

 

[K Douglas]

Thank you I appreciate this advice it’s hard to ask my peers about financial advise since I have to keep my job a secret

I think its a great thing that you are investing for your future. You might want to look at hiring a professional advisor. I would not recommend going through your bank to find one. The good ones aren't working there unless they're part of the Private Client Group.

 

[Goodoer]

Thank you I appreciate this advice it’s hard to ask my peers about financial advise since I have to keep my job a secret

No problem. TERB members may be perverts, but we’re good-hearted guys that want the best for people.

(I also believe that in the future, you’ll not have to hide your job.)

 

[oil&gas]

I think its a great thing that you are investing for your future. You might want to look at hiring a professional advisor. I would not recommend going through your bank to find one. The good ones aren't working there unless they're part of the Private Client Group.

Holders of small accounts may have access to investment advices from some banker in
their branch. If you have a sizable investment portfolio you can still find professional
services from your bank. Each of RBC, Scotiabank, TD and CIBC has its own investment
branch. With the TD bank for instance you may turn to TD Waterhouse to seek out a
wealth advisor.

 

[Ahri]

Holders of small accounts may have access to investment advices from some banker in
their branch. If you have a sizable investment portfolio you can still find professional
services from your bank. Each of RBC, Scotiabank, TD and CIBC has its own investment
branch. With the TD bank for instance you may turn to TD Waterhouse to seek out a
wealth advisor.

I was a generational client with Wealthsimple before I withdrew my money to use as a down payment for my place. I never felt comfortable asking the financial advisor questions because I didn’t want anyone asking about my job.

I have considered using a pay per use financial advisor but haven’t had done much research on it

 

[HungSowel]

For some stupid reason I thought XEQT was 70% US stocks. I was thinking to myself that if it was 50% or less US stocks then I would love to buy it. Looking more closely at the fund, it is only 43% US stocks.

I have money tied up for 3 months, when it unties then I will buy some XEQT.

 

[Goodoer]

I was a generational client with Wealthsimple before I withdrew my money to use as a down payment for my place. I never felt comfortable asking the financial advisor questions because I didn’t want anyone asking about my job.

I have considered using a pay per use financial advisor but haven’t had done much research on it

Rarely, if at all, can an everyday advisor beat the market... This is where "low-fee" ETFs shine (e.g. ZSP, VFV, QQC, etc.). Save your money and just do it yourself through a online broker such as TD Waterhouse or equivalent. I'm not sure how your business works exactly, but you may have the job that lets you check your stocks out throughout the day? Between clients?

(The mega-rich likely have access to people who manipulate the market).

 

[Ahri]

Rarely, if at all, can an everyday advisor beat the market... This is where "low-fee" ETFs shine (e.g. ZSP, VFV, QQC, etc.). Save your money and just do it yourself through a online broker such as TD Waterhouse or equivalent. I'm not sure how your business works exactly, but you may have the job that lets you check your stocks out throughout the day? Between clients?

(The mega-rich likely have access to people who manipulate the market).

I would be asking financial advise in a sense on retirement planning and emergency fun calculations with this job I would feel comfortable with a 6+ month emergency fund just in case I ever need to take off work for anything

 

[HungSowel]

I think you should ask your SP friends or acquaintances for financial planner recommendations.

 

[jalimon]

Aren't you guys a bit worried right now? Bitcoin is melting, and stocks are on the downside.

Billionaire Peter Thiel just sold all his positions on NVidia and Tesla. Warren Buffett pointed out last week that car dealerships are stocked full of unsold inventory.

 

[angrymime666]

Nope. Just sit back and ride the wave of panic. Continue to invest as per usual. Whatever you do never cash out during the panic. I have seen many people fear sell and the loss destroys them