depends on your risk tolerance and time frame. go 50/50 for now and increase your exposure in equities during the second waveI have some RESP and was wondering if I should move it to primarily bonds or keep it in growth for the current scenario?
Why? Mutual Funds were made for people who do not have enough money to buy bulk shares in specific companies. Agreed that no-one can time the market all of the time (if at all). Index Funds (especially ones indexed to the Dow, Nasdaq or TSX) will do better on average than fund managers or brokers... At least the ones that the OP will have access to (I'm assuming he's not in the elite-rich crowd).Lots of opinions. Mine is
1 stay away from mutual funds. They take 2% and do not match average. Indexing guarantees AVERAGE for .2 %.
2 you cannot time the market. No one can