Tag: resp
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An open (rant) letter to Canadian banks
Right after my daughter was born we opened an RESP for her, a family RESP as we were planning to have more children. We opened it at TD Canada Trust because the MER on their e-Series funds is practically non-existent. And all was good (well almost, read Mike Holman’s blog or his book for details…
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The RESP Book, by Mike Holman @MoneySmartsBlog
Back in November the Young And Thrifty blog had a review of The RESP Book, by Mike Holman and a contest to win a copy. And I WON!!! And now, thanks to the reality that my car is dead (well almost, sometimes it’s feeling a bit better, but really it’s quite ill) I’m commuting by train so I…
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No income, no trust
Like most Canadians my wife and I have RRSP’s and an RESP for the kids. And like most Canadians I’m not a guru, wiz-kid, or a day-trader. I make my contributions every pay cheque and put the money in some boring fund or blue-chip company and wait for retirement to come along (the sooner the…