Single index fund option - Stocktrades Canada

Any suggestions for a single index fund over a 15 year time horizon? I am trying to find somewhere simple where I can passively invest my daughter’s RESP. I intend to contribute regularly over the next 15 years. S&P 500 or total US. market, etc. seem like reasonable options but given the market is at all time highs and multiples are crazy right now is this really the best option to start? Or because the time horizon is so long is this really something that is worth considering? Any thoughts would be greatly appreciated. I am an amateur investor and am learning with my own portfolio but I am more timid with my daughters education fund!

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Asked on May 11, 2024 9:04 am

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Hey there. Although it's hard to pinpoint individual ETFs as we really don't know your entire situation in terms of risk tolerance etc.

However, have you ever looked to an all in one fund? Something like XEQT. It contains global exposure and is a set and forget option a lot of investors utilize.

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Posted by Dan Kent

Answered on May 13, 2024 12:46 pm

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XEQT looks like a pretty reasonable option for what I am looking for. Thanks for the suggestion!

(kdmarples@gmail.com at May 14, 2024 7:07 am)

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