Ya, I mean, if the market goes to those levels (or lower) then maybe I change my approach, such as stopping to reinvest dividends, hoard some cash, etc. I really can’t say what I’d do then because those levels are certainly much lower than where they are today.

That said, I’m just saving cash now for another RRSP purchase in a few months and whatever that market price is, it will be what it will be. I usually only invest when I have a few thousand bucks to invest. I’m focusing on owning more U.S. assets over time so I have my eye on $MSFT, $MDT in particular, and potentially $ITOT for total return. $BLK has my attention under $400 per share if it goes there. Might only be able to afford 10 shares though!

FWIW, I own many of the top stocks already held by ETF XIU. The yield on XIU is consistently about 3%.
In owning the top stocks in XIU, my yield on average is closer to 4%.

So, on $100k invested (hypothetically) my income is $4,000 per year (4% x $100k) vs. XIU at $3,000 per year (3% x $100k). Of course, they are no guarantees that I will continue to get 4% yield vs. 3% yield from XIU nor my basket of stocks will grow at the same overall, total return as XIU but I like my chances long-term.

Does that help a bit?

Again, when it doubt, I think it’s wise to own low-cost ETFs from Canada, U.S. and International for income and growth.

Mark