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Old 07-24-2014, 10:47 AM   #19
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by V View Post
We have an RESP setup for our first kid, but have regretted it for quite some time. Haven't set anything up for the other 3.

My investments do much better than the RESP has performed, and we don't really miss the extra 500 bucks the gov't throws in. Honestly, I don't even know if I'm going to pay for my kid's tuition. It's so cheap here, and it really hasn't risen that much in the 13 years I've been out of school. I don't see university being prohibitively expensive 15 years from now, regardless of what those salesmen would like to tell you.
Why don't you invest the RESP the same way as the other investments?
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