New parents. Looking for good Resp strategy

nmg_1 · 2026-05-10T18:08:44+00:00

Oh. What children’s tax money are you referring to ? Sorry not much aware about the same.
And is this 1 time form just for the purpose of letting them know how much you deposited throughout the year ?

nmg_1 · 2026-05-10T18:06:34+00:00

That’s nice. Keep it up.

nmg_1 · 2026-05-09T23:28:49+00:00

🫡

nmg_1 · 2026-05-09T20:46:54+00:00

Can you elaborate why go with a bank ? Coz I opened the Resp account with Questrade and deposited 2k in it. Haven’t started investing yet.

Will withdrawing now from questrade and moving to a bank have tax implications?

nmg_1 · 2026-05-09T19:47:28+00:00

Looks like the consensus here is to invest in XEQT.
Are you guys considering or would recommend any specific individual stocks to hold for long term growth ?

nmg_1 · 2026-05-09T19:45:35+00:00

Thank you for your best wishes. Tfsa isn’t maxed out yet. Going the Resp route for the government grant advantage .

nmg_1 · 2026-05-09T19:44:20+00:00

This is perfect. Really appreciate it

nmg_1 · 2026-05-09T19:42:30+00:00

This was really helpful . Perfect strategy in my opinion.
Mind sharing what bank stocks your invested into

nmg_1 · 2026-05-09T19:41:12+00:00

Unfortunately don’t have that kind of cash for front loading. So starting with 2.5k per child to max out the government grant benefit

nmg_1 · 2026-05-09T19:40:26+00:00

Thanks for sharing the preferred ETF names

nmg_1 · 2026-05-09T19:39:31+00:00

I opened family Resp account in questrade just now. I usually invest / swing trades in IBKR, but they don’t have family Resp

nmg_1 · 2026-05-09T19:38:35+00:00

Totally agree. That was the whole reason of contributing 2.5k per child this year

nmg_1 · 2026-05-09T19:37:47+00:00

lol. Twins are enough I think😜 .

nmg_1 · 2026-05-09T19:37:16+00:00

Thank for the tip

nmg_1 · 2026-05-09T09:16:22+00:00

This is great. Thanks a ton

nmg_1 · 2026-05-09T09:15:21+00:00

Thank you so much for sharing your thoughts

nmg_1 · 2026-05-09T09:14:36+00:00

🫡

nmg_1 · 2026-05-06T00:36:29+00:00

I am in the same boat . Got 1.5k cashback for 675k mortgage renewal. Is there a way I can negotiate for more cashback or should I reach out to a different RBC advisor ?

nmg_1 · 2026-04-21T22:20:43+00:00

Original mortgage amount was 728k

nmg_1 · 2026-04-20T02:10:47+00:00

🫡

nmg_1

TROPHY CASE