I don't plan to sell my mortgage free home, it is a home for my family as I see it and functions as a stabilizing foundation for my kids. It does have a legal Rental suite that I am currently a passive income from so I can write off a portion of my property, utility taxes and fees.

I remember an older Boomer friend who sank a lot of cash into her RRSP/IRA and how the 2008 crash wiped out half of her equity. I happened to configure my retirement savings into a defensive posture. She begged me for advice, I did take a look at her portfolio and I told her to be patient for about a year and it will recover. And it did recover only that she panicked and sold out before it did. 🙄 She could not stomach her portfolio's volatility and shouldn't have been in them to begin with. I believe her Advisor sold her the wrong Investments.

Time to pop some corn 🌽