Investment Q&A

Q: With 3 children presently in university, meaning the family RESP account is likely to be liquidated over the next 5 years. I am wondering what you general opinion is about asset allocation for the RESP under these circumstances. GICS versus equities ?

Q: I'm looking for suggestions for an RESP account for an eight month child. Much appreciated guys.
Dave

Q: I have an RESP for our 3 year old son that we opened a couple years ago. Current value is about $35K and comprised of BCE, BIPC and ENB in about equal values plus a slightly higher amount in BPY.UN. Thinking about selling BPY now deal with BAM is finalized and considering adding a couple of more growth oriented companies as focus was more dividend/stability before. Cdn or US stocks or ETF's are fine as options.

Q: We have one 2 year old grandchild, and one on the way. I want to set up a small $1000 investment account for each of them, and add to it each year on their birthday. Because of the small initial amount, I plan to cover the trade commissions. Who knows if it will work, but the object is over 20 years, to show them how buying a good company, with a solid, growing dividend, and adding funds regularly, will reap long term benefits. They will be able to follow the first $1000, and hopefully at least cause them to have some thoughts/questions about investing.
Realizing potential risk/reward, I am looking for stock ideas for low and medium, risk.
Can you recommend 3 companies that you would recommend in each risk level, for this type of idea,

I will probably add trading companies along the way, but I do want one low risk, and one medium risk, long term hold, to start.
Thank you.
Grant

Q: Given the state of the markets, what would some of your current favorite names be to add to a new RESP account for my son? I've set aside $10k to take a few stock positions early on (anticipated long term hold as he's a newborn) and then am thinking going forward I'll devote annual contributions to a more passive approach (boarder market ETFs, etc.).

With a smaller account like this diversification decisions seem a little more difficult. Any general suggestions on RESP considerations would also be appreciated.

Thanks for the great service!

Q: Hi my question is regarding resp’s and best way to contribute. Time frame is 15-20 years. I understand ETF’s offer diversification, however would you at all consider a few slow and steady (conservative) stocks instead. Your top 5 ETF’s and stocks for this scenario please and thank you!

Nick

Q: Several years ago your team helped me build out my sons (2) RESP accounts. The stocks have all done well growing approx 55%. THANK YOU! My oldest is finishing year one of university and my youngest will start in 2.5 years. It’s a conservative portfolio of stocks with 30% in interest bearing instruments. I have enough now for both of them so (my) common sense says move all to capital preservation - interest only vehicles. Do you agree and if so, can you recommend anything I can lock into for 2 ish years?

Q: Can gbtc be held in a tfsa or rrsp ?

Q: Good morning. I am setting up RESP’s for infant grandson’s. I am thinking at this age the portfolio could be aggressive growth equities. There is only a small ($1000.00)initial amount that would be supplemented with small (one or two hundred dollar) irregular contributions. To avoid/reduce trading costs, in the beginning at least, it might be best to go with ETF’s which can be purchased at no cost? Would you agree? And if so can you suggest some aggressive growth type ETF’s. I am thinking XIT, Canadian tech companies could be one.
Thank you.

David

Q: Could you please recommend a low cost etf for an resp for 3 or 4 years to introduce someone safely to markets. For example a dividend growth, tsx or your ideas. What are the cost for the etfs? Thank you for your assistance.

Q: Hi
Enghouse seems on a downward slide lately. Have you learned of anything that would cause this? I was thinking of buying this in my grandchildren's RESP
Thanks

Q: Goodmorning
What are your thoughts on the Canadian Scholarship Trust Fund as an investment vehicle for an RESP? and or would you have any suggestions as an alternative?
Thks
Marse

Q: Which one of these would be the best choice for a RESP. Beneficiary is an older child (grandson) who will start to draw funds from mid 2021 onwards. Looking for the best return within the 2 to 5 years remaining before total drawdown of funds would be completed.

I plan to establish a new RESP for a great granddaughter soon. She is not yet 2 years so has a long time horizon. Any suggestions?

Q: I started an RESP for my 2 grandsons about 3 years ago. Only 5 stocks in the account: 3 Cdn. banks, BAM and an energy company. It is doing much worse than my RESP or TFSA. I wanted safe, dividend paying stocks. Obviously the lack of diversification has hurt. I have some cash in account I would like to deploy. Please give me a few suggestions of companies I should add. Thx.

Q: If you were to establish an RESP for someone who was just born, and are starting with a small amount of money, perhaps a couple of thousand dollars, what would you invest in? Would you invest in an ETF? If so, which one? Would you consider investing in a single stock? If so, which ones would you consider?

Q: Good Morning! I have a new great granddaughter and I am in the process of setting up an RESP for her. Obviously, a long time horizon! Could you recommend 2-3 stocks/ETFs with growth in mind?
Thanks for your help, Michael

Q: Can I open an resp for grandchildren with existing holdings by transferring (opening an resp) there are gains on the stock is it considered a gain.

Q: I have $40K in RESP with 8-9 years horizon. the money is presently divided equally between Canadian index fund, US Index Fund, International Index Fund and Canadian Government Bond Index Fund.

Any suggestions on how to improve returns? Should i change strategy or simply continue to add to the same index funds? OR sell and invest in individual stocks (if so which one) or choose more risky ETFs?

Thanks in advance

Q: Hi guys,
I am maintaining both rrsp and resp portfolios for my family with time horizons of about 20 years and 10 years, respectively.
The investment strategies have been the same thus far, and I have followed a balanced approach of identifying growth, blue chip and a nominal 15% fixed income in each. I have a combination of ETFs and stocks from your model portfolios.
With the objectives and time horizons in mind, would you deploy the same investment strategies across accounts at this point? Thoughts on what investments you would recommend?

I am also aware of the tax ramifications of the accounts, and am more interested in thoughts on risk and time horizons.

Thanks

Q: Would WELL be ok for a RESP or is the risk too high? Have 14 years before the grandchild turn 18. Currently only have VGRO and looking at adding some other names.

Thanks