Put the following advice into practice

• 1. Do not try to beat the market by buying at the best time.
  Even investment experts cannot always predict market movements and the best time to buy
• 2. Do not buy returns, instead choose products that meet your needs.
  Past returns are not a guarantee of future returns. That is why you should base your choice on the characteristics of the type of investment and not on its past performance.
• 3. Invest systematically.
  By allowing you to invest the amount of your choice at the frequency you desire, systematic investment helps you save at your own pace. Furthermore, by investing often throughout the year, you can take advantage of market gains while avoiding suffering too much from declines.
• 4. Diversify your investments.
  By investing in multiple types of products, multiple regions around the world, different asset categories and various sectors of economic activity, while respecting your investor profile, you reduce risks and increase your return potential.
• 5. During periods of market instability, be patient.
  When you invest long-term, stay true to your investment strategy. Remember that history shows that market declines have often been followed by significant recoveries.
• 6. Favour investments with tax advantages.
  Outside of your RRSP, prioritize products with favourable tax treatment, such as those that generate capital gains and dividends (stocks, equity funds and dividend funds), instead of those that produce interest income (guaranteed investment certificates, bonds, stripped coupons and bond funds).
• 7. Do not deprive yourself of the growth potential of the stock markets.
  A portfolio that includes stocks in addition to bonds has less risk potential than a portfolio consisting only of bonds. Including stocks in a proportion that respects your risk tolerance is a winner!
• 8. Review your portfolio once a year with your financial advisor.
  Since your needs and financial situation are constantly evolving, make sure your portfolio still meets your needs by discussing with your financial advisor at least once a year or when a significant event occurs (home purchase, birth, inheritance, job loss, etc).
• 9. Contribute to your RRSP each year.
  Rather than neglecting to contribute to your RRSP one year and thus depriving yourself of thousands of dollars in retirement, do not hesitate to borrow. You could then use the tax refund you receive to pay for part or all of the loan.