Thursday, May 1, 2008
The RESP Strategy
ABC Stocks asked me to post about my RESP strategy. As mentioned in my post on "Having a Newborn - Getting down to business", I plan on opening a TD e-funds account (non aff) and buying cheap index based mutual funds. Why TD e-funds? What I really like about the TD e-funds setup is that they only offer low management expense ratio (MER) index funds. This is great for the investor who likes to "do it yourself". Why not buy ETF's instead? As I plan on putting small amounts at time, index mut
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