QUESTRADE TUTORIAL How to Open an RESP and Types of RESPs Explained

It's my first Questrade Tutorial!
Are you curious how to open an RESP or even how to open a questrade account? Want to know the different types of RESPs? What's the difference between an individual vs family RESP? Or are you wondering: what is a registered education savings plan?

I recently opened an RESP for my child and recorded everything step by step. This walkthrough will show you how to open an account, go through the questionnaire and complete the 3 paperwork steps and finally fund the account.


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Chapters
Intro (0:00)
What is an RESP? (1:51)
Intro to Questwealth Portfolios (2:45)
How to Open a Questrade Account (5:07)
Types of RESPs (5:24)
Portfolio Questionnaire (6:43)
Step 1 Account Questions (8:38)
Step 2 Sign and Submit Documents, Upload ID (11:36)
Step 3 Fund Your Account (13:44)
The Waiting Game (14:38)

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Please Note: I am not a certified financial planner, I am just sharing things that I've learned through my own experience and hope it helps you out.