I sold all my RRSP mutual funds a couple of weeks ago and began my research on how to invest wisely. It has been an exciting learning process but the more I read the more I realize that I've got a long way to go before I can begin to understand many of the investing ideas and research methods.
I am starting to feel the effects of information overload. I am currently holding money in cash and know I do not possess the knowledge to proceed with any but a simple approach as per couch potato portfolio, which I hear is a fine.
I have decided on a 60/40 split that includes 5 or 6 ETF's but before I jump in I would like your advice:
Given its recent downward trend would you buy now or wait to see what happens with the Canadian market?
Would you wait to for the reaction of the US markets to the upcoming stimulus package (I assume the US will print more money)?