If you are the sort of person that panics with every market correction and feels the need to sell, then don't go into the stock market. Just live with 0.5% GIC or ultra-low bond returns forever and fall way behind inflation.

Otherwise, get into well- diversified stock ETFs (a little each month until fully invested, if needed for comfort), and then ignore them - no matter what the market does! You will do much better over time than fixed income, if you don't touch them.

I like having some that give me a monthly payout in dividends or income that I can tap into if needed, or cash to buy more during corrections (and top up my TFSA). I wouldn't hold any hold individual stocks, unless you really know what you're doing, and have time to watch them all the time. And never, never hold high MER mutual funds.