RE: RE: RE: Investing team suspect
Good for TFSA
I like the Horizon ETF's that have monthly distributions with high yields. Wait for declines and buy in. Incorporate a DRIP and compound your holdings. Once you are ready to retire, revert the distributions to cash.
When you retire, it will be all about income. The more shares you can accumulate now, the more cash you will garner later. It may seem strange, but in this regard, a lower share price is helpful.
I reiterate that this is good for TFSA. I deploy this method in my TFSA trading account. I would not suggest this method within your RRSP trading account. In your RRSP you want your Principle to grow.
Cheers