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My RESP account has balance of about 60K with the following stocks or fund. It is not doing well.
EFA 16% (Bought over 10 years ago and is still in red)
XIU 42%
XEG 8% (Down over 20%)
SPY 18% (Good. up 140% )
MAW104 16% (Recently bought)

My kid is in grade 11 and will go to university next year. Am I too aggressive on the allocation? I have been thinking of selling EFA or XEG and move it to MAW104. I do not have to withdraw the money in the next 2 years if the market is down. But definitely need to withdraw all the fund in 5 years.
What is the best way I should take? If it were yours, what will you do to optimize it? Thanks in advance.
 

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Except for the bond portion of MAW104, this account is all equities.
Given that you need to withdraw it all within five years, this is excessively risky. IMHO, at least 50% should be in GICs, short-term bonds or HISAs. Perhaps 75%.
 
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