Buying bond ETF now?
I'm setting up a couch potato portfolio, and part of that involves allocating some money into fixed income, ie. bonds. With the low interest rates and the inevitable hike in rates (who knows when) that would make buying bonds now a bad idea?
What are your opinions in putting that money into a GIC until bonds crap the bed and become cheaper? Will it be worth it or should I just dump my allocation into bonds now and fogettaboutit.
What are your opinions in putting that money into a GIC until bonds crap the bed and become cheaper? Will it be worth it or should I just dump my allocation into bonds now and fogettaboutit.