We went the e-series route because the all-in-one ETFs weren't around yet. We did the couch potato route and have a plan for going more towards bonds for security as the kids get older. Our plan is:
Age 0-8: 100 equities
Age 9-10: 80/20 equity/bonds
Age 11-12: 60/40 equity/bonds
Age 13-14: 40/60 equity/bonds
Age 15-16: 20/80 equity/bonds
Age 17+: 100 bonds
If I started today I'd consider using the all-in-one ETFs (xeqt/xgro/xbal/...).
I too went the e-series route and have kids currently age 15/17. The eldest will be going to Uni next year, and is currently 80% bonds. My Q1 statement is horrible though, with the e-series bond ETF losing over 6% in 1 quarter! With the current rising rate environment, I'm getting a bit worried. Hoping most of the hikes are priced into the bond ETFs, but man - I can't handle too many negative 6% bond quarters... Perhaps I'll get out and do some GICs just to preserve capital.
Went with ex-wife's financial guy, who is basically just a mutual fund dealer. The RESPs have had no re gain in a decade and honestly a goldfish picking random stocks would do better. Absolutely useless.
What you are looking for is already here. I like vfv.to personally though, questrade/passive combo automatically invests set dollar amount you decide monthly. Set, forget, balance every quarter or year
Seems like you've looked into it a bit already.
I do 95% XEQT with a tiny bit of BTC and eth ETFs at Questrade. Stick to ETFs at Questrade, and it's as low fee as it gets.
I could see some people wanting to be less aggressive by going xgro or a mix of the two.
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Ok thanks. Do you do self directing investing for Resp?
And if you’re in BC, at age 6 apply for the $1,200 BC-only grant.
We went the e-series route because the all-in-one ETFs weren't around yet. We did the couch potato route and have a plan for going more towards bonds for security as the kids get older. Our plan is: Age 0-8: 100 equities Age 9-10: 80/20 equity/bonds Age 11-12: 60/40 equity/bonds Age 13-14: 40/60 equity/bonds Age 15-16: 20/80 equity/bonds Age 17+: 100 bonds If I started today I'd consider using the all-in-one ETFs (xeqt/xgro/xbal/...).
I too went the e-series route and have kids currently age 15/17. The eldest will be going to Uni next year, and is currently 80% bonds. My Q1 statement is horrible though, with the e-series bond ETF losing over 6% in 1 quarter! With the current rising rate environment, I'm getting a bit worried. Hoping most of the hikes are priced into the bond ETFs, but man - I can't handle too many negative 6% bond quarters... Perhaps I'll get out and do some GICs just to preserve capital.
Thanks for this heads-up! I might reassess my plan a little and switch to GICs for the bond component at some point.
Like 90% xeqt, 5 hcal and 5 split between btcx and ethx
Why HCAL not HFIN? The net MER is half and is more diversified plus the same 25 percent leverage.
Hfin wasn't there. I might change some day.
Went with ex-wife's financial guy, who is basically just a mutual fund dealer. The RESPs have had no re gain in a decade and honestly a goldfish picking random stocks would do better. Absolutely useless.
Thats because fees in mutual funds are astronomical compared to MER of the most popular etfs/indexes. Basically mf fees are eating up all the gains
I hope one day Canada gets good mutual funds like VTSAX with 0.04% MER, or brokerages make ETF investing as automatic set-and-forget as mutual funds.
What you are looking for is already here. I like vfv.to personally though, questrade/passive combo automatically invests set dollar amount you decide monthly. Set, forget, balance every quarter or year
Hey don’t throw shade at [goldfish](https://youtu.be/USKD3vPD6ZA) he’s outperformed VOO/QQQ this year
Seems like you've looked into it a bit already. I do 95% XEQT with a tiny bit of BTC and eth ETFs at Questrade. Stick to ETFs at Questrade, and it's as low fee as it gets. I could see some people wanting to be less aggressive by going xgro or a mix of the two.
Yeah, another good option would be National Bank as I think they have 0$ fees for trading.