Going to be doing bi-monthly contributions starting really soon. Got 20k in a Canadian Bond mutual fund(which isn't doing much right now) and I'm thinking of transferring 10k to TD to play around with the e-Series funds. What would your picks be?
Your options: http://www.tdcanadatrust.com/product...funds/perf.jsp
TD Canadian Index (S&P/TSX Composite Index)
TD Dow Jones Industrial Average Index (DJIA Index)
TD Nasdaq Index (Nasdaq-100 Index)
TD U.S. Index (S&P 500 Index)
TD European Index (MSCI Europe Index)
TD International Index (MSCI EAFE Index)
TD Japanese Index (MSCI Japan Index)
Timeframe: short-term, maybe 2-3 years all funds will be taken out.
Nasdaq has been doing really well lately, that was my 1st pick. Not sure where to diversify after that. Japanese Index is really low right now but I'm a bit skeptical of how long before their recovery really takes off, same goes for the Euro Index. International Index being weighted primarily between Japan and Europe gives me the same concern: really cheap now, but with the whole fiasco with Greece (Italy, Portugal), it's hard to make an assumption at this point.