Glenn Cooke, President of InsureCan, is sponsoring a contest on this blog (and a few others listed below) where you can win one of two $50 Chapters gift cards. Here’s how to enter the contest:
In the comments – please answer the following question
“Have you changed (or are you going to change) your asset allocation as a result of the awful equity returns in the past year?  Please indicate any change ie “used to be 100% equities – now I’m zero percent equities”.
Answering this question will give you 1 chance at a gift certificate. Subscribing to the blog if you don’t already do so, might also help your odds (but not likely) 
Contest will be closed at 8 pm on Thursday, January 22.
Contest is open to Canadian residents only.
Check out similar contests at the Canadian Capitalist and the Financial Blogger.
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I am mostly cash, but dipping on some equities. I may buy a house at some point too.
Okay, I’m in. My bonus went 100% into equities and my regular contributions are doing the same until further notice. I think I own too many bonds. Also, thanks to my husband I now own Citibank which I didn’t last year. I’m in two minds about my Irish exposure, but still buying for now.
no change
Not changing a thing. Was 100% equities and will continue to be so. Time horizon is 37+ years
I will continue to buy real estate, in fact I will increase my aquisition frequency this year for the next 3 years.
I’m hoping to be retired in three years and am juggling slightly to go w/ 60% bonds, 40% equities
I’m not changing my allocation… it was a rough year, but I’m working on a long time horizon
75% Equities
25% Bonds
Staying with the same allocation I have always had.
25% bond
25% cad equity
25% usd equity
25% int equity
same as last year.
It’s the year to push past 80% equities for new money.
I’m trying to remember that the whole purpose of my allocation is to force me to buy the low and sell the high, but it’s tough to stick to your guns when the market is lurching around like a drunken toddler. Thankfully my time horizon is close to 30+ years on most of my investements.
Still sitting at 100% equities. Ever buying more.
Chapters gift card would make a great valentine’s gift for my wife.
None yet, but I’m thinking about it, as my new ones are steadily increasing as my old ones just keep sucking.
no change!
I am still trying to decide!
Should i keep killing off my (an my wifes) monster student loan debt to buy undervalued stocks
Thoughts?
Although I do occassionally worry about ’staying the course’, I’m keeping my allocation the same. I’m going to count on history reverting to the mean over time. Sometimes I think my knowledge is too small and I’m herding with all you sheep out there.
Won’t likely be changing my allocation, although if I did, I would likely increase equities slightly (currently at 90% for all new investments).
I’ve only invested $2250 in an RRSP since October, and it’s currently all in equities. Eventually it will be split 85% equities, 15% fixed income, but for now (while the amount is peanuts and the markets are low) I’m just slowly buying stock index funds.
That would be an interesting topic to discuss — at what point should one commit to an allocation plan? Is it better to go 100% stocks until you build up enough of a fund that you couldn’t afford to sustain a deep loss?
I got lazy last year and put a bunch of RRSP money into a high-interest savings account at the last minute, figuring I’d move it later; I of course never did. My laziness ended up paying off in this case, since my equities are now worth about 50% of what they were. But now is the time I think to rebalance and get a much larger percentage into equities, since they’re pretty darn cheap, and I have a good 25-30 years before I plan to retire.
Even though everyone around me differed in opinion, I decided to keep the course; currently my allocation is 80-20 & don’t think I’ll change anything in the short term.
Currently sticking with 100% equities, although I am in debt reduction mode right now. I won’t be adding any equities for the next year or so, (unless there is tempting deal!)
No change, for now!
I trying to get cash to 30% from 20%. Yes, 30%. Fixed income is in a bit of a bubble so I am waiting this out before I go back into fixed income.
No change for now. Will reassess mid 2009.
No change. if i haven’t changed till now, might as well stick with it long term as per the original plan
I’m just getting started in the game, so with our emergency fund, and a short term bond for down payment savings we actually have very little invested in equities. I’m contemplating ‘borrowing’ from our emergency fund to take advantage of the sale.
I’m in it for the long term. No change in allocation on my part.
no change
No changes for me, depressingly I have another 35+ years of working ahead of me.
I basically have a money market account (that accumulates my money until I have enough for a GIC) and a series of GICs, plus my locked in plan from a previous employer and a paid for annuity (ditto). The only change I’ve made recently is to stop my weekly payments into the money market account while I switch to a different financial institution but I’ll restart that soon.
I may not be making double digits but I haven’t lost any of my retirement money yet.
Um, just a comment about the time because you said the cutoff was 8 PM and I see the time on my post above is shown as 9:04 PM. Except that it’s 6:04 Pacific Time (i.e. where I am). Does this mean I missed my chance?
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