RE: RE: Question? -AP-AP, Yup somebody has to beat you with a wet noodle. -lol-
Me thinks AP is right and that more correction is coming. [pause]
But that's a guess on my part and here's the inside dope: market timing is really, really tough. The best market timers I know are incredibly modest and humble about their abilities and clearly remember all the times they were punishingly wrong. These "best market timers" often try to risk manage so as to minimize the active market timing. Personal observations FWIW.
If the budget was bigger, I'd suggest establishing a position in company X by planning to buy one third of the position at a time. Incidentally, there is no shame in averaging up on good news. But if you are busy building your career and making more salaried or wage money, then buy BCE and another conservative blue-chip dividend-paying stock and be done with it. The dividends will accumulate tax free in a TFSA or RSP. Having read a few weeks or months of the posts to the BCE thread, you will see that a few of us are overweight on companies like BCE because we expect markets to go sideways for a couple of years.