A few weeks ago I wrote an article about investing strategies for Registered Education Savings Plans (RESPs). In it, I used mutual funds as examples in illustrating the various evolutionary stages of an RESP portfolio.
Frankly, I was surprised by the amount of negative feedback it generated. It appears there is a lot of animosity towards mutual funds out there, apparently based mainly on their high costs relative to exchange-traded funds (ETFs). Some people even accused me of shilling for the mutual fund industry.