My Dream
Full time employment: Posting here.
I've been following the market now for several years and my neighbour keeps telling me "if you want to make good returns you have to be willing to accept more risk". Well, this week I decided to switch two mutual fund into a money market account since it has always gone up and down like a roller coaster for the last year, it's like clock work. This time when I did it, the TSX just kept going up......and up........and up. What gives? I betcha it wouldn't have done this if I didn't switch those fund to money market. Mind you the rest of the portfolio is recovering due to the TSX moving up but would it be just my luck. The amounts I switched were around $70K which is less then 10% of the total portfolio but still. Now I betcha if I bought back in today the TSX would drop like a rock.
I just can't win!
I just can't win!