Koos2 - This probably also didn't show up on your radar either: Don't become too complacent by kwagga on 23 Apr 13:52 ALSI up 3000 points or 6.5% in less than a month. ALSI up 10.7% since 1 Jan. In short, we're headed for some volatility or consolidation sometime in the near future. The trend is not sustainable. So before committing to any new buys, and that include TFSA, wait for a pullback in this market. It promises to be a biggie. Please check when the ALSI hit an all time high. I'll give you a hint http://chartupload.com/viewer.php?file=38932234215283197035.jpg
Yes Preston I would phase my buying into this market, starting with some of the financials which is already stating to look like value. Just a note here - This market could sell off another 10-15% easily, so that why I suggest a phased approach. You won't get everything right, but the idea is not to pick a bottom, just blue chips that will start to offer value at different points in time. Eventually you want diversification in quality at good prices for the long haul.