Quote:
Originally Posted by darklord700
Yeah, it's more of a hypothetical question. You'll hope after all these years, your RESP investment would never be in a loss position.
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Yeah and it really never should be at roughly 18 years. Its not something you would try for because I think that the "savings" in this hypothetical scenario are non-refundable tax credits and you would be saving something like $187 and losing $500 to make that happen. You would want to clarify that point with an accountant before you take my word for it, but that is what I think is happening here.