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(Alex Slobodkin/Getty Images/iStockphoto)

Kids almost in college? Time to de-risk your RESP

The bills come due for this year’s university and college tuition just as the stock market heads into the historically treacherous month of September.

Memo to parents with registered education savings plans for their children: Do not put yourself in a position where a stock market correction can decimate the money you’ve been putting away for years.