http://www.cobrasmarketview.com/a-simple-long-term-investment-strategy/
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2393449&cmd=show[s236230480]&disp=P
Nice post from Cobra always. Some key notes from it:
why choose Canada market instead of Europe or Japan or Emerging market, at least why not US?
Two reasons: First of all, if you invest ETF that follows foreign index, it’s always hedged against that country’s currency, so you have to take the currency change into consideration. Secondly, Canada basically is resource related market, which is heavily related to inflation. Can you image a world without inflation? So as long as there’s inflation, Canada market is guaranteed to rise. Just check the link I give you, see SPX, it broke below the year 2002 lows in 2009 while TSX is far above it. Why? You now understand, because it’s inflation. So I think stick to Canada market is a better choice.
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