After years of procrastinating, I’ve finally got my finances in order and done my homework on investment. I thought I’d write up a bit of my strategy for anyone interested or wiser than me.
I was relatively uninvested during the Fall 2008 credit crisis, and saw an ideal opportunity to get in and make some money. It was a dangerous time to learn the ropes and I only put money in slowly, with no expectation of “timing” the market’s true low point. As a result, I made nothing off the huge March 2009 dip – but no matter.
I’ve taken a fairly conventional asset allocation strategy – I’m young, and can afford a lot of risk, so my target is to have a high amount in stocks: Continue reading “A passive Canadian’s portfolio”