Q: Looking for your top 5 Canadian picks for RESP … 15 yr time frame
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello,
Can you please provide recommendations of US REITs covering AI server infrastructure and or warehousing for entities such as AMAZON.
Thank you!
Can you please provide recommendations of US REITs covering AI server infrastructure and or warehousing for entities such as AMAZON.
Thank you!
- Costco Wholesale Corporation (COST)
- Meta Platforms Inc. (META)
- Alphabet Inc. (GOOG)
- Intuitive Surgical Inc. (ISRG)
- NVIDIA Corporation (NVDA)
- Booking Holdings Inc. (BKNG)
- NextEra Energy Inc. (NEE)
- UnitedHealth Group Incorporated (DE) (UNH)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Canadian National Railway Company (CNR)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Canadian Natural Resources Limited (CNQ)
- Sun Life Financial Inc. (SLF)
- Constellation Software Inc. (CSU)
- Dollarama Inc. (DOL)
- Intact Financial Corporation (IFC)
- Brookfield Renewable Partners L.P. (BEP.UN)
- WSP Global Inc. (WSP)
- FirstService Corporation (FSV)
- Toromont Industries Ltd. (TIH)
- Agnico Eagle Mines Limited (AEM)
- Alimentation Couche-Tard Inc. (ATD)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Nutrien Ltd. (NTR)
Q: We are planning to set up a separate investment account for our grandkids. Assume a 10 year hold. There are a few sectors we would want to overweight - 3 stocks, CAD or US, in Financials, Industrials, Technology and 1-2 stocks in the others. What would you look for and how would that translate into individual stock selections.
Q: Hi, thank you for answering my previous question. I wanted to ask a follow up.
[Previous question: "If you were to create a mini model portfolio of an FHSA with a 5-year timeline and low-risk tolerance. What would your holdings look like?" Answer: "Assuming six stocks: BN (20%), TRI (15%), QSR (15%), EQB (15%), CSU (15%), RY (20%)"]
If your were to include ETFs and/or stocks, would your holdings be different? and if so what would they look like?
Thanks in advance!
[Previous question: "If you were to create a mini model portfolio of an FHSA with a 5-year timeline and low-risk tolerance. What would your holdings look like?" Answer: "Assuming six stocks: BN (20%), TRI (15%), QSR (15%), EQB (15%), CSU (15%), RY (20%)"]
If your were to include ETFs and/or stocks, would your holdings be different? and if so what would they look like?
Thanks in advance!
Q: we are going to start a resp for a grandchild so will probally have some 17 years to work . what top 3 growth companies in the u.s. and 3 in canada also would you start to look at today which you like for the long term.
- CGI Inc. Class A Subordinate Voting Shares (GIB.A)
- Constellation Software Inc. (CSU)
- Dollarama Inc. (DOL)
- Intact Financial Corporation (IFC)
- Alimentation Couche-Tard Inc. (ATD)
- BMO S&P 500 Index ETF (ZSP)
- Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Can you give me your best choice for a new position to add to an RESP that has a long runway (12 years) ..it can be a Canadian traded stock or ETF or a CDR. Thank you.
Q: I am trying to decide what to sell in my children's RESP account to generate cash flow for withdrawal to pay for upcoming tuition.
the portfolio consists of 5 investments in the associated %
BCE 45 %
TD 15 %
BMO 15 %
RY 15 %
Telus 10 %
What would you sell today? which one do you think has the best upside of doing well in 2025, that we should hang on to with the hope that it will perform well in 2025 ?
thanks
Ernie
the portfolio consists of 5 investments in the associated %
BCE 45 %
TD 15 %
BMO 15 %
RY 15 %
Telus 10 %
What would you sell today? which one do you think has the best upside of doing well in 2025, that we should hang on to with the hope that it will perform well in 2025 ?
thanks
Ernie
- Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-Hedged) (VI)
- Vanguard S&P 500 Index ETF (VFV)
Q: H i5i,
I have a question about opening $10,000 RESP for our granddaughter who is 11 yrs old. An extra $2,500 will be added each year to qualify for the $500 from the gov't.
We are newbies to RESP's so pardon our ignorance for our lack of knowledge. Our current service is through a CDN bank so each transaction costs $. That is ok for us as a buy and hold strategy. For an RESP, is it best to open an account with Wealth Simple to avoid fees? We would like a DRIP stock(ETF) and then a suggestion how to manage the additional funds that are added each year. Do you have any suggestions?
Thank you for your service. Without question, 5i is the best value that I have ever found. It is our go to reference and we let everyone know if they pay for one service, 5i is the best choice.
D&J
I have a question about opening $10,000 RESP for our granddaughter who is 11 yrs old. An extra $2,500 will be added each year to qualify for the $500 from the gov't.
We are newbies to RESP's so pardon our ignorance for our lack of knowledge. Our current service is through a CDN bank so each transaction costs $. That is ok for us as a buy and hold strategy. For an RESP, is it best to open an account with Wealth Simple to avoid fees? We would like a DRIP stock(ETF) and then a suggestion how to manage the additional funds that are added each year. Do you have any suggestions?
Thank you for your service. Without question, 5i is the best value that I have ever found. It is our go to reference and we let everyone know if they pay for one service, 5i is the best choice.
D&J
- ARC Resources Ltd. (ARX)
- goeasy Ltd. (GSY)
- Credit Suisse Group American Depositary Shares (CS)
- Celestica Inc. (CLS)
- Sonida Senior Living Inc Com (New) (CSU)
- Lumine Group Inc. (LMN)
Q: The stocks are held in m grandson's RESP. Please recommend any others or substitutes. He will not need to access these funds for at least 3 years. At what point would you consider beginning to move out of these growthier equities into less volatile of lower risk? Do you have any recommendations for quality dividend payors that you would slowly accumulate as you reduced these equities?
Thanks very much for your advice.
Mike
Thanks very much for your advice.
Mike
Q: Hi,
As a general rule, not personal advice, for a moderate to high risk investor, what would you recommend for equity/fixed income proportions leading up to an RESP withdrawal in 2029, by year please. (Example: 2024 80/20; 2025 70/30, etc.) Thanks very much.
Michael
As a general rule, not personal advice, for a moderate to high risk investor, what would you recommend for equity/fixed income proportions leading up to an RESP withdrawal in 2029, by year please. (Example: 2024 80/20; 2025 70/30, etc.) Thanks very much.
Michael
- Blackstone Mortgage Trust Inc. (BXMT)
- Annaly Capital Management Inc. (NLY)
- AGNC Investment Corp. (AGNC)
- Orchid Island Capital Inc. (ORC)
Q: Hello 5i Team
Are US "mortgage reits" similar to Canadian Mortgage Investment Corporations?
Could you please provide a few ideas of US mortgage reits for me to research?
These would be held in an US$ RRSP, to minimize any tax considerations.
Would the distributions be similar to US corporate dividends and not US MLP distributions (K-1 tax form) which are problematic to hold in RRSP accounts?
Thank you
Are US "mortgage reits" similar to Canadian Mortgage Investment Corporations?
Could you please provide a few ideas of US mortgage reits for me to research?
These would be held in an US$ RRSP, to minimize any tax considerations.
Would the distributions be similar to US corporate dividends and not US MLP distributions (K-1 tax form) which are problematic to hold in RRSP accounts?
Thank you
- Microsoft Corporation (MSFT)
- NVIDIA Corporation (NVDA)
- Alimentation Couche-Tard Inc. (ATD)
- Black Diamond Group Limited (BDI)
- goeasy Ltd. (GSY)
- BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ)
- Global X S&P 500 Index Corporate Class ETF (HXS)
- EQB Inc. (EQB)
- Lumine Group Inc. (LMN)
Q: The above holdings are in an RESP that won’t be required for at least 7 years. For new money, which sectors to add and a couple of suggestions please.
- StorageVault Canada Inc. (SVI)
- American Tower Corporation (REIT) (AMT)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Extra Space Storage Inc (EXR)
Q: I am looking to add some real-estate to my portfolio .
Are there any ETF's or stocks you would recommend.
Are there any ETF's or stocks you would recommend.
Q: Looking to ensure I understand the RESP contribution limit. I see you can contribute any amount to an RESP, subject to a lifetime contribution limit of $50,000 per beneficiary
My daughter was born in 2017 and I have been adding $2500 per year to get the $500 grant. Assuming she will go to university at 18 ($2500 x 18 = $45K) does that mean I can only add 5K to reach the life time contribution limit and anything above that will cause and issue?
My daughter was born in 2017 and I have been adding $2500 per year to get the $500 grant. Assuming she will go to university at 18 ($2500 x 18 = $45K) does that mean I can only add 5K to reach the life time contribution limit and anything above that will cause and issue?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Constellation Software Inc. (CSU)
- ARC Resources Ltd. (ARX)
- Tourmaline Oil Corp. (TOU)
- Agnico Eagle Mines Limited (AEM)
- Tamarack Valley Energy Ltd. (TVE)
- Nutrien Ltd. (NTR)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: Hi. I have an RESP for three grandkids, ages 5, 7 and 9. Current holdings that I'm underwater on are: AEM, BCE, BN, NTR and TVE along with these: ARX, BAM, CSU, ENB, RY, TD and TOU. I'd appreciate your overall comments on account re sector allocation and any obvious sells. As well, I'd like suggestions on how to deploy $7000 cash. Thx.
Q: The ETF, HXS pays no dividend. So if HXS was held in a RESP account, can one avoid the US 15% withholding on dividends, because HXS pays no dividend, whereas ZSP held in a RESP account would be subject to the 15% withholding tax, because it does pay a dividend. Thanks … Cal
- iShares Russell 2000 Growth ETF (IWO)
- Vanguard U.S. Dividend Appreciation Index ETF (VGG)
- Vanguard Growth ETF Portfolio (VGRO)
- Brookfield Corporation Class A Limited Voting Shares (BN)
Q: I look after a RESP and have IWO, VGRO, VGG and BN. The weight is 16% for each. Would you be comfortable adding to the ETF'S to a 20% weight or should I buy a ETF like XIC? If you have any suggestions of what I could buy for this account I appreciate your input! It will be 12 years before needed.
Thanks
Thanks
- Enbridge Inc. (ENB)
- Canadian Imperial Bank Of Commerce (CM)
- Power Corporation of Canada Subordinate Voting Shares (POW)
Q: Hi 5i,
I'm hoping you can give me some advice respecting my grandson's RESP.
I've just drawn out $6300 for his winter semester, and accessed that cash by selling the last of the BCE i had held in the RESP.
The next draw out will be in September, for the same amount ($6300) and there is presently $4300 in cash in the account.
The present holdings are ENB, CM and POW in roughly equal proportions. Between now and September the dividend payments will yield enough cash - when added to the cash presently in the account - to cover the $6300 I'll need to draw out in September, so if I do nothing the cash needed for my grandson's fall semester will be sitting in the account when that time rolls around.
However, I don't like letting the $4300 presently sitting in cash in the RESP just languish there until that cash is needed in September and would like to put it to work until I need the cash in approximately 9 months' time.
Based on the above, can you offer your suggestions about what best to do with that relatively small amount of cash for 9 months? Put it into any or all of ENB, CM and POW to take out when necessary? Or is there something else you might recommend?
Thank you 5i!
Peter
I'm hoping you can give me some advice respecting my grandson's RESP.
I've just drawn out $6300 for his winter semester, and accessed that cash by selling the last of the BCE i had held in the RESP.
The next draw out will be in September, for the same amount ($6300) and there is presently $4300 in cash in the account.
The present holdings are ENB, CM and POW in roughly equal proportions. Between now and September the dividend payments will yield enough cash - when added to the cash presently in the account - to cover the $6300 I'll need to draw out in September, so if I do nothing the cash needed for my grandson's fall semester will be sitting in the account when that time rolls around.
However, I don't like letting the $4300 presently sitting in cash in the RESP just languish there until that cash is needed in September and would like to put it to work until I need the cash in approximately 9 months' time.
Based on the above, can you offer your suggestions about what best to do with that relatively small amount of cash for 9 months? Put it into any or all of ENB, CM and POW to take out when necessary? Or is there something else you might recommend?
Thank you 5i!
Peter
Q: Hi Peter, Can i transfer stocks from RESP to kids TFSA account without selling and rebuying?
- iShares Russell 2000 Growth ETF (IWO)
- iShares Core S&P/TSX Capped Composite Index ETF (XIC)
- Vanguard S&P 500 Index ETF (VFV)
Q: Opening a fund for my grandson (5 months old). Could you recommend a few ideas please.
Thank you and Happy Holidays To All
Thank you and Happy Holidays To All