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ETFs can help RESPs to grow

ETFs can help RESPs to grow

06.17.2022 // Markets & Investing

The RESP my husband and I set up over 25 years ago has been instrumental in funding my children’s school expenses, in no small part thanks to my ETF portfolio investment strategy.

When I created my portfolios over 10 years ago, I used them across my family accounts for our investments. The children were still young and I adopted a dynamic investment profile for their RESPs. Since it would be several years before I intended to withdraw money from the account and I had the flexibility to wait out any market corrections, I was comfortable using a 100 per cent equities portfolio.

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