Don Edwards presented a chart of the Dow Jones industrial average, giving us the history of what happened with mortgages. The market hit bottom in early 2009. Howevee, Don recommends to clients new and experienced to "stomach the rollercoaster", and there have been a lot: 2011, 2015, 2018, and of course during COVID. Markets are resilient and they will go back up! In fact, markets don't really get affected by governments either, regardless of who's in power, aside from a bit of a re-orientation phase after an election.

Some random tips:

• Keep 3 months living expenses in savings
• The tax burden on an investment account is greater than the burden on a holding company, which is greater than the RRSP, which is greater than a TFSA. Young people have a huge bonus in being able to have both because the TFSA can grow forever without tax consequence. Meanwhile, the RRSP becomes an income fund at age 71, requiring withdrawals by 72.
• If you get dividends from a company, reinvest it into more shares of that company. It's like a free "double down". For a good company, you get a compounding return.
• To do beneficial investing, you need $30-100k as a minimum
• find things that have utility like copper and you'll be safe.