Question on passive investing in a bubble
I promise I am not trying to rage bate with a title, just looking for a "human" opinion.
I have a DB pension and work a side gig that generates me a little bit of extra cash. I have been putting this into my TFSA and maxed it out, and continue to contribute the max per year. All of this money is in a quest wealth account as I just dont have the time to try to "beat the market" and rebalance etc.
My time horizon is 30 years, this money will be a supplement to my pension.
I am wondering if this is an inefficient approach given we are likely going to see some sort of market correction at some point with the AI hype. Most opinions I have seen are that it is an inevitability.
Is it best to just keep it in the market and ride it out, expecting some loss (time in the market beats timing blah blah) or what approach are some of you taking?
I do not need the money right now and I am risk adverse, but I also dont want to lose money that could be avoided with some better planning.
Any opinions, or personal strategies from people with a similar situation is welcome.
Thanks