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Toronto-Dominion Bank (The) (TD $100.09)
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TELUS Corporation (T $21.54)
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Algonquin Power & Utilities Corp. (AQN $8.14)
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Premium Brands Holdings Corporation (PBH $87.11)
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Knight Therapeutics Inc. (GUD $6.17)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $163.63)
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Savaria Corporation (SIS $19.84)
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iShares Core MSCI All Country World ex Canada Index ETF (XAW $46.67)
Q: I have opened an RESP for my 5month old with 3K in it (2500 plus 500 from govt). I know its small the first year, but I don't want to add a Canadian ETF as they are too oil and gas and financial focused.
I would like to own some good Canadian growth names that will hopefully be worth a lot when she heads off to school in 18 years and would like to keep it small since it is a small account to start. My idea was the following 7: GUD, SHOP, SIS, T, TD, AQN, PBH. I would like your opinion on them. Would you do anything differently?
Once I own all of the Canadian stocks my plan is to add XAW for world diversification.
What do you think of this idea? Which stocks would you add to the account first? I was thinking of starting with either 3 of 1K each or 4 of 750 each. I pay 7 dollars to buy them which isn't too bad.
What order would you add in?
With only 3K per year in the account it would take 3 years to get the stocks and ETF. I could just add another 2500 to the account now so that I can buy more of it now and be instantly diversified. I would not receive the grant on it but would I still receive future grants?
I would like to own some good Canadian growth names that will hopefully be worth a lot when she heads off to school in 18 years and would like to keep it small since it is a small account to start. My idea was the following 7: GUD, SHOP, SIS, T, TD, AQN, PBH. I would like your opinion on them. Would you do anything differently?
Once I own all of the Canadian stocks my plan is to add XAW for world diversification.
What do you think of this idea? Which stocks would you add to the account first? I was thinking of starting with either 3 of 1K each or 4 of 750 each. I pay 7 dollars to buy them which isn't too bad.
What order would you add in?
With only 3K per year in the account it would take 3 years to get the stocks and ETF. I could just add another 2500 to the account now so that I can buy more of it now and be instantly diversified. I would not receive the grant on it but would I still receive future grants?