Networking is essential when considering graduate studies. I met my research advisor at an informal chemistry meet-up in Brass Taps two years prior to working for him. You'll never know when opportunities present themselves, so it's important to take chances and meet everyone you can.
My advice would be that a Masters degree is like a roller coaster. You will have your ups and downs in your research but that is all apart of being a scientist! There is no such thing as a 'bad' discovery.
Pursue research that you truly believe has the potential to improve life. Knowing you are working toward something more than just a degree can help you find the drive to make it through the difficult or dry aspects of your time in graduate studies.
Your time in graduate studies will provide many opportunities, but don't lose touch with yourself. Take the time to do what you need to in order to maintain your sense of purpose and direction, then live out of that. Don't be afraid to try new things, but remember that no one can do everything. Be selective.
Be informed. Always make sure that you understand each and every step of what you're trying to accomplish, but at the same time don't be afraid to plunge into the unknown. Be mindful of what makes you happy, and pursue your goals with a passion because at the end of the day, when we look back at our accomplishments, the gratification from that is what keeps us going.
Get involved in the community. Grad school is more than your research project; expand your contributions beyond your field of research and into the community where you are working.
Being a graduate student at U of G is a wonderful opportunity. There is a fantastic support system here to help you progress and succeed in research, made up of faculty, support staff and other graduate students.