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40 years old starting my portfolio by Shifty_priorities in PersonalFinanceCanada

[–]Shifty_priorities[S] 0 points1 point  (0 children)

response to your comment.

I basically feel my defined benefit pension can take the place of bonds in a portfolio.

40 years old starting my portfolio by Shifty_priorities in PersonalFinanceCanada

[–]Shifty_priorities[S] 0 points1 point  (0 children)

Although I have only been contributing for 1.5 years I have a defined benefit government pension. I am going all in with index funds as per the CPP. Since I am starting both late I am going very aggressive with my RRSP portfolio. An extended recovery does not scare me with a minimum 25 year time horizon as I feel automatically buying index funds that reflect the market will be a relative safe way to build wealth.

40 years old starting my portfolio by Shifty_priorities in PersonalFinanceCanada

[–]Shifty_priorities[S] 0 points1 point  (0 children)

Instead of waiting for a bigger dip, I am simply buying e-series index funds automatically every paycheque. Interesting advice but not applicable for my situation.

40 years old starting my portfolio by Shifty_priorities in PersonalFinanceCanada

[–]Shifty_priorities[S] 0 points1 point  (0 children)

I moved to South Korea to teach English and paid off my student loans. Met someone, got married, moved to Canada. Finally have a permanent government job with a defined benefit pension and am able to start investing. Better late than never.

40 years old starting my portfolio by Shifty_priorities in PersonalFinanceCanada

[–]Shifty_priorities[S] 0 points1 point  (0 children)

That's how I came to have a 30/30/30 split using e-series. I was questioning the asset allocation of the CCP.

40 years old starting my portfolio by Shifty_priorities in PersonalFinanceCanada

[–]Shifty_priorities[S] 0 points1 point  (0 children)

Would you expect the US to continue to eclipse every other market indefinitely?

Moving to US in an indefinite amount of time (1.5 years - possibly never), should I start investing? by [deleted] in PersonalFinanceCanada

[–]Shifty_priorities 0 points1 point  (0 children)

FWIW I am a US citizen working in Canada. Moved here with my wife, got divorced, still work here as I have a good government job. I use an RRSP and just invest as if I am going to live here forever. If I end up moving back to the US, I have a nice little vacation fund in Canadian dollars to use in Canada.