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Old 04-13-2021, 09:00 AM   #24
Fighting Banana Slug
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Join Date: Feb 2012
Location: Calgary
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Quote:
Originally Posted by bizaro86 View Post
My parents did the similar CST plan for me as a kid, then added a self-directed RESP with their bank later. The CST one was a bit more work to get the money out, but not dramatically so. They paid up without arguing. It was a pretty poor return over all, but that was the deal.

Granted that was >15 years ago...
We had a more recent experience, but was very similar. The problem with the CST types is that there is no transparency and it was harder to get the money out. The timing sucked and it somehow took them 2+ months to process.

I would not recommend those to anyone. Use another, more standard financial institution, put money into a fund each month and you will be far happier.
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O.K. there has been a lot of talk on whether or not MacTavish has actually done a good job for us, most fans on this board are very basic in their analysis and I feel would change their opinion entirely if the team was successful.
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