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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: I currently have $115 K saved in my children's RESP with the chikdren’s ages almost 14 (grade 9) and 12 (grade 7).

Currently I have $46,600 in 1-2 year GICs
$9K in Fortis
$25k in VDY
$35k in VFV

Considering cashing in Fortis or $10K of gains out of VFV for another GICs as I am concerned about markets and will need this money in the next 4-6 years for both children. Should I stay at 60/40 or reduce to 50/50 at this point?
Read Answer Asked by Sarah on July 24, 2019
Q: June 26 John asked about his daughter putting 10k into RESP and what ETFs to buy. John and his daughter should be reminded that they will only get $500 CESG (unless she has other kids and it is a family RESP).
Read Answer Asked by Greg on June 28, 2019
Q: Gentlemen, good morning.
On my Ca$ side RESP I have only 3 stocks,
SIS (-28%, 50% of RESP PF / 3.9% totPF)
TSGI (-31%, 25% of RESP PF / 2.16% TotPF) &
NFI (-32%, 25% of RESP PF / 1.3% totPF).
The Can side is about 20% of RESP PF.
I have 20% of Ca$ RESP PF cash to add.
For 5 years min holding, Your thought please
Thanks Regards


Read Answer Asked by Djamel on June 05, 2019
Q: Can you suggest what to buy if starting an FRESP with about $40,000
Read Answer Asked by Susan and Philip on April 30, 2019
Q: Hi Peter and 5i team,
We have 11% cash in our grandsons RESP (age 5) and we want to deploy the money. The listed stocks are currently in his account. What would be a good choice for a new holding or top up a current holding. Thank you for your great advice in the past.
Read Answer Asked by john on April 23, 2019
Q: My grand children (<3 & <1 year-old) have the above 4 stocks in the RESP. There is money for investment in 2 more stocks (long-term). I would appreciate your suggestions.
Read Answer Asked by jacques on April 11, 2019
Q: Hi, Would you please suggest a list of 5 stocks for an RESP account. I have 60K to deploy, and will start using it in 6 years. Medium risk, Canada or US is ok.
Thank you
Read Answer Asked by Fernando on April 04, 2019
Q: Hello 5i,
I’ve changed my investment goals for my children’s resp. It will be spent within the next 6 years, so after the December correction I plan to liquidate. At this point, I have $5 k more than I promised them. The stocks listed above are those that remain in the account.
Going forward should I:
1) sell all the stocks and buy an etf for 5k?
2) if an etf, which one for max growth?
3) if one were to keep only one or two stocks, which would be kept for most potential for gains? (This would be instead of the etf).

I would not have grown the resp to its current value had it not been for 5i. Thank you for helping me fund my kids education!
Read Answer Asked by Kat on March 28, 2019
Q: Regarding Dawn's question, "A great-grandparent has sent us $5000 for our 13 year old, as a small pre-inheritance gift. We want to using this as an investment learning tool, and currently plan to deposit it in my husband's TFSA (he currently has room in it) and will track it's performance separately."

Your suggestion of the RESP was spot on, but if the RESP is full and she wants to teach him about investing she could open an in trust Waterhouse account. This would save her husbands TFSA room. Teach a lesson and save on taxes. Get documents to show CRA that the money was a gift and the money will be taxed differently in the 13 year olds name.
Read Answer Asked by Terry on January 22, 2019
Q: A great-grandparent has sent us $5000 for our 13 year old, as a small pre-inheritance gift. We want to using this as an investment learning tool, and currently plan to deposit it in my husband's TFSA (he currently has room in it) and will track it's performance separately. We use TD Canada Trust, and thus have access to their WebBroker platform. What would you suggest for a secured investment (GIC or otherwise)? We are looking at a 5 year term, and it can be locked-in.
As always, thanks for all your good info!
Dawn
Read Answer Asked by Dawn on January 21, 2019
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