Investment Q&A

Q: I would like to add another bank to my granddaughter's RESP. She is now 13. Would you recommend a Canadian Bank ETF. A US Bank ETF. Both or just a Canadian bank. Which would be the best choice for a 13 year old. Please provide some name suggestions.
She now has 100 shares of BCE,RY,XSP,XDV.
Thank You

Q: Hi guys

What are some good long term holds for a RESP say 5 yrs or more

Thanks Mike B

Q: I'm currently holding positions of about $1000 each in my 16 month old daughters RESP for SHOP, GUD, PBH, and TOY.

I'll have enough to purchase a couple new positions shortly. I was thinking about KXS, and SIS, but wanted input as to whether this is a good plan with regards to sector weighting etc.

Thanks!

Q: We are involving our kids (ages 7 and 8) in choosing companies that they are interested in for their RESP holdings. They love watching their dividends get deposit into their accounts, almost as much as I do.

My son has chosen: CGX (because he likes going to the movies), L (because he sees how busy the grocery store and Shoppers are) and ICE (because he likes playing hockey and noticed how busy the rinks are where we live).

My daughter has chosen: CTC.a (because she likes to go to Sports Check to buy her sports equipment) and CARA (because she likes going to a few of their restaurant brands).

I added T, for some stability and extra dividends.

I realize this mini-portfolio is pretty concentrated in the consumer sectors. Do you have any suggestions to diversify things?

Also, given their age, what percentage of their RESP would you recommend being in equities?

Thanks in advance.

Q: I am working towards emulating the balanced equity portfolio across various accounts.
Would you please list the ones that would be best in a TFSA and the order was in which one would buy them.
Also, I have a RESP for my 3 year old grandchild which holds PBH and KXS. What would be a good addition to this account with next years contribution?

Thank you

Q: Hey guys. I own XSU, PBH, CCL.B and cash in my sons RESP with equal weighting ~25% each. Could you recommend an ETF or stock that would compliment this list. He is 3 so this will be a longterm hold. Thanks a lot.

Q: What do you think of FIE, ZPW and ZWH for an RESP ?

Thanks

Dave

Q: Hello Peter and Team,

Looking to set up an resp for my grand kids. In sk it works to 3250 per year for the grants. Looking to add one stock a year. What 5 would you consider today to be a good candidate?

Thanks,

Wes

Q: I'm looking for 5 good stocks to add to an resp, any advice?

Q: We have $6K to invest in our son's RESP, with a moderate risk profile. Which stocks / ETFs wold you recommend?

Q: My understanding is that there will not be any withholding tax (for US equities with dividends as an example) in an RRSP. Would this also apply to an RESP?

Q: Could I please get your opinion of this fund for a RESP.

Thanks

Dave

Q: Hi,

I recently opened an RESP account for my daughter and am looking for advice on a few ETFs to purchase that provide some long term growth potential, while being appropriately diversified.

Given that i an just starting to save in this account, I'm starting from a small balance, roughly $2,000, i would prefer to only purchase a couple ETFs to limit transaction costs. I have a relatively long time horizon (18 years).

Thanks

Q: Hi 5i team,

I have a 3 month old son and have opened him up an RESP. Can I get your opinion on what 2-3 stocks you would invest in that provide decent income (in the form of a dividend), and are relatively safe knowing that he will need the money in 18 years. I was thinking of playing it more conservative, but I have been contemplating taking a shot at something with a good growth potential.

Thanks so much.

Q: Hey guys. I'm looking to add either an ETF or stock to my son's RESP. I currently hold XSU, CPG, CCL and cash all in equal weightings. What do you recommend I do? Thanks a lot.

Q: Hello Peter and 5i team,
We took some profits in our grandson'e RESP [ a toddler ] and are considering a new position or adding to our current holdings. The current holdings are ATD.B, AVO, CXI, DHX.B, XTC, GUD. Thank you for your opinion.

Q: We would like to set up a RESP for our new granddaughter. If we spread the contributions over 15 years, the CESG is maximized. What would you suggest for annual investments if we followed this approach? Or do you think a lump sum RESP investment now would produce better returns, even if it means forgoing the CESG? Thanks!

Q: Our kids are now going to post-secondary school, so the RESP will be drained at a rate of 25% annually. With these fixed needs, what is an appropriate stable holding? The portfolio is 75% preferreds that have held their par value (GWO.pr.p IGM.pr.b POW.pr.c) but I am concerned they may not hold their ground for the next 4 years. The remainder is in a Cdn Balanced fund.

Q: Hi Peter and Ryan,

For an RESP lacking Tech exposure, what would be your 2 top picks at this time.

Thanks

Dave

Q: The big winner in this account has been CCL.B. In order to maintain balance and diversification should I to some trimming (now at about 40 per cent of the account)? Trimming is hard to do as the stock has been stellar so far! Would you please suggest the best buys in the utilities and info tech sectors. I have a 5 year time frame and am only interested in solid blue chip companies. Besides CCL.B I own DHX.B, BNS, PEY, SJ and T. Thanks for your great service. Carole