Currently browsing tag

resp

RESP 2017 Update

Despite being a pretty terrible year, 2017 did have one bright spot: stock markets around the world rallied far more than anyone expected. We, at mom and pop investments, definitely expected a highly volatile year with possibly negative returns. But the exact opposite happened: volatility was non-existent this year and …

RESP 2016 Update

The stock market was looking pretty grim last January: the TSX was down about 20%, Canada was in a recession, and at least one major bank was saying “sell everything — the stock market is crashing”. Devon’s RESP was down about 2% at that point. But instead of selling everything, …

RESP 2015 Update

We started investing for Devon’s education in June 2014.¬† We didn’t know it at the time, but our timing was magical: we …

Growth Fund

Yesterday we opened an RESP account for Devon. Exciting times! Both Shauna and I think that education is pretty important and we …