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,
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,