This is a useful guide. It's what I plan to follow at least.
Originally Posted by Jerm
January 2017 update
January carried on the consecutive win-streak to seven months, as the portfolio was up 0.28%.
The month also saw a $500 deposit that was used to rebalance the portfolio, and pushed the account over five-digits/$10,000.
Toward the end of the month, the total asset gains were over $1,000, and were greater than the total CESGs received.
However, the past couple of days saw most of the month's gains evaporate, lowering the total asset gains to just shy of $900.
The portfolio this month: up 0.28% or $29.06
Complete RESP results
The portfolio since inception (April 2015): up 9.31% or $884.57
If I count the Canada Education Savings Grant [CESG] funds as an investment gain, the portfolio is: up 22.17% or $1,884.57
How much money is the RESP making each year based on my deposits and growth (aka the annualized money-weighted rate of return since inception): 7.91%
How much money is the RESP making each year if I ignore the size of new deposits and treat them all equally (aka the annualized time-weighted rate of return since inception): 4.87%
The annual cost of the portfolio (i.e, the combined, embedded ETF management fee) is 0.24%, or $24.68
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Last edited by BoringInvestor; 2017-02-01 at 11:42 AM.