Q: Hi Peter,
In 2023, when do you predict would be a good time to move from money market funds to bond ETFs such as VAB and AGG? On the fixed asset side of the portfolio, there is an even split between money market funds and a GIC step ladder.
Also, what would be a good indicator(s) for identifying a long-term downturn in interest rates in Canada?
Thanks, and have a great New Year!
In 2023, when do you predict would be a good time to move from money market funds to bond ETFs such as VAB and AGG? On the fixed asset side of the portfolio, there is an even split between money market funds and a GIC step ladder.
Also, what would be a good indicator(s) for identifying a long-term downturn in interest rates in Canada?
Thanks, and have a great New Year!