Investing

RESP - Investing ideas - ETFs

  • Last Updated:
  • May 4th, 2020 7:59 pm
[OP]
Member
Dec 26, 2019
231 posts
158 upvotes

RESP - Investing ideas - ETFs

Hi all,
I'm moving my child's RESP from a mutual fund to Questrade. I plan to buy inexpensive indexed ETFs each year. My child is around 10 years away from attending University, so I plan to hold equity-heavy ETFs, then move to less risky assets as he gets closer to University.

Given that there are hundreds of ETFs out there, does this group have recommendations what I can buy now (equity-heavy) and what I could move towards to become less risky down the road.

I'm looking for my ETFs to have some Canadian and some US / International exposure. And ideally, I only want to hold 1 or 2 ETFs in total.

Thanks,
3 replies
Deal Addict
Nov 9, 2013
4023 posts
3833 upvotes
Edmonton, AB
reversi wrote: Hi all,
I'm moving my child's RESP from a mutual fund to Questrade. I plan to buy inexpensive indexed ETFs each year. My child is around 10 years away from attending University, so I plan to hold equity-heavy ETFs, then move to less risky assets as he gets closer to University.

Given that there are hundreds of ETFs out there, does this group have recommendations what I can buy now (equity-heavy) and what I could move towards to become less risky down the road.

I'm looking for my ETFs to have some Canadian and some US / International exposure. And ideally, I only want to hold 1 or 2 ETFs in total.

Thanks,
VBAL or VGRO - iShares has similar (XBAL, XGRO) and BMO has some similar ones as well.
Keep calm and go long
Deal Addict
User avatar
Oct 14, 2001
1684 posts
505 upvotes
GMA
Decide on your asset allocation among the Growth, Balances and Conservative, and then pick the corresponding ETF from either Vanguard, BMO or Ishares.

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