Q: I'm thinking about increasing my US exposure and buying VOO in my RRSP. I don't need the money for at least 10 years...
When to buy is always a bit perplexing...with the US markets at all time highs one would think that this is not a great time to be buying and it might be smarter to wait for an inevitable correction.
But at the same time, with the tax cuts that have recently gone through down south, as well as the overall improvement in the business environment, I can't see how that isn't going to drive the markets even higher.
Thoughts?
When to buy is always a bit perplexing...with the US markets at all time highs one would think that this is not a great time to be buying and it might be smarter to wait for an inevitable correction.
But at the same time, with the tax cuts that have recently gone through down south, as well as the overall improvement in the business environment, I can't see how that isn't going to drive the markets even higher.
Thoughts?