Comments on: Single Step Financial Improvement Challenge – Set Up RESP Account http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/ Investing and Personal Finance Sat, 11 Feb 2012 17:11:02 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Four Pillars http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-11240 Four Pillars Sat, 21 Feb 2009 03:56:10 +0000 http://www.moneysmartsblog.com/?p=1013#comment-11240 Hi Shelly - the TD e-series funds are still the lowest cost/easiest way to do the couch potato. I think that method is still a good one. If anything someone investing in equities for the first time should be very aware that stocks go down as well as up. Hi Shelly – the TD e-series funds are still the lowest cost/easiest way to do the couch potato.

I think that method is still a good one. If anything someone investing in equities for the first time should be very aware that stocks go down as well as up.

]]> By: Shelly http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-11238 Shelly Sat, 21 Feb 2009 02:01:55 +0000 http://www.moneysmartsblog.com/?p=1013#comment-11238 Hi Four Pillars, Do you still recommend the TD E-series mentioned in your previous post? I followed your link for the couch potatoe portfolio and noticed the date of the article was back in 2006. Is the portfolio still relevant in today's economy or do you have any other suggestions? This is my first DIY attempt. Please help! Thanks! Shelly Hi Four Pillars,

Do you still recommend the TD E-series mentioned in your previous post? I followed your link for the couch potatoe portfolio and noticed the date of the article was back in 2006. Is the portfolio still relevant in today’s economy or do you have any other suggestions? This is my first DIY attempt. Please help!

Thanks!

Shelly

]]> By: Lisa http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-8563 Lisa Sat, 18 Oct 2008 09:39:47 +0000 http://www.moneysmartsblog.com/?p=1013#comment-8563 RESP - Individual (non-family) Plan is an interesting one. RESP was essentially to benefit parent and family, but this one is for non-family, more so there is no age limit. Lisa <a href="http://www.jobsearchdigest.com/hfsd" rel="nofollow">Hedge Fund Jobs</a> RESP – Individual (non-family) Plan is an interesting one. RESP was essentially to benefit parent and family, but this one is for non-family, more so there is no age limit.

Lisa
Hedge Fund Jobs

]]> By: Four Pillars http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-7823 Four Pillars Wed, 03 Sep 2008 02:43:38 +0000 http://www.moneysmartsblog.com/?p=1013#comment-7823 RESPs rock! Cheap - you're right! Eps - it is up to the account owners (ie the parents) how to dole out the funds so if all the money gets spent on the first child then that is bad money management! Mike RESPs rock!

Cheap – you’re right!

Eps – it is up to the account owners (ie the parents) how to dole out the funds so if all the money gets spent on the first child then that is bad money management!

Mike

]]> By: Mr. Cheap http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-7822 Mr. Cheap Wed, 03 Sep 2008 01:15:20 +0000 http://www.moneysmartsblog.com/?p=1013#comment-7822 eps: very true. eps: very true.

]]> By: eps http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-7819 eps Tue, 02 Sep 2008 22:00:11 +0000 http://www.moneysmartsblog.com/?p=1013#comment-7819 In a family account you run the risk of the older ones using up the funds and leaving the youngest with whatevers left. "Sorry Timmy, your big brother used up all the money so theres none left for you. Off to the acid mines." In a family account you run the risk of the older ones using up the funds and leaving the youngest with whatevers left. “Sorry Timmy, your big brother used up all the money so theres none left for you. Off to the acid mines.”

]]> By: Mr. Cheap http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-7818 Mr. Cheap Tue, 02 Sep 2008 17:41:50 +0000 http://www.moneysmartsblog.com/?p=1013#comment-7818 I think setting up a family plan is a good choice too. If you keep them separate and one account outperforms the other, that might be awkward too ("sorry kid, your sister can go to a better school than you because you had a rough couple of years in the market"). I think setting up a family plan is a good choice too. If you keep them separate and one account outperforms the other, that might be awkward too (“sorry kid, your sister can go to a better school than you because you had a rough couple of years in the market”).

]]> By: Mrs. Micah http://www.moneysmartsblog.com/single-step-financial-improvement-challenge-set-up-resp-account/comment-page-1/#comment-7813 Mrs. Micah Tue, 02 Sep 2008 13:41:22 +0000 http://www.moneysmartsblog.com/?p=1013#comment-7813 Great choice! I know my cousins really appreciate their RESPs. :) Great choice! I know my cousins really appreciate their RESPs. :)

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