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Optimal RESP funding strategies if you have $50,000 to invest.
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If you had $50k available to invest, and you just had a child, what's the optimal way to fund your RESP to maximize it’s long term growth potential?
This post is a fairly deep look at that. There are two typical answers to this question, but the real answer requires more thought.
Read more in the X thread below, and stay tuned for a follow up post that speaks to how you can unwind a large RESP.
If you had $50k available to invest, and you just had a child, what's the optimal way to fund your RESP to maximize it’s long term growth potential?
— Aaron Hector, R.F.P., CFP, TEP (@AaronHectorCFP) May 5, 2024
This thread is a fairly deep look at that 👇
There are two typical answers to this question, but the real answer is deeper. pic.twitter.com/1hCNMm0OAj
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