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Should I not initiate an RRSP transfer to Questrade right now? or wait?

  • Last Updated:
  • Feb 26th, 2020 10:45 pm
[OP]
Sr. Member
Sep 27, 2009
642 posts
381 upvotes
Sask, Canada

Should I not initiate an RRSP transfer to Questrade right now? or wait?

I had planned on transferring my RRSP from Peak Investments to Questrade then just buying vgro or veqt and letting it sit for ~25 years. I'm currently just funding my TFSA at questrade. I have 80+k in the rrsp but am hesitant to transfer it at this moment of uncertainty. On one hand I think maybe It'll work out in my favor as the funds will be sold at hopefully a decent price and the market will continue to fall and I'll buy in cheaper. Or I'll transfer it out and sell low and buy high.

Should I bother transferring now or wait until the dust settles?
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