Disclaimer We are in unprecedented times with the current COVD-19 lockdown and its effect on the world's economies. At this point I’m quite certain that most of the world including Canada will be put into a recession that could last many many years. Some people are going to be heavily impacted financially others will be less effected. I’m confident that like all the other previous recessions and financial meltdowns, we will get thru this. People are still going to be saving for retirement, buying homes, and investing. In this blog I will highlight some of the benefits in simply buying and holding high quality equities that not only pay a quarterly dividend but also raise it every year by 2-3 times more than the current rate of inflation. **UPDATE APRIL 15 -- Johnson & Johnson, Proctor & Gamble and Costco all announce dividend increases of 6-7% today. These are the types of companies you want to be buying in your RRSP and TFSA and keeping for long periods of time. My heart goes out to all the people who are being heavily impacted financially by this current lockdown. I’m putting this info out there in hopes that once the economies do open up again and you're in a position to start saving for retirement that you will find this information and knowledge of use. Stay confident, stay safe.