10/12/2014 03:20 EDT | Updated 12/12/2014 05:59 EST

Have You Thanked Your Investors Lately?

This Thanksgiving, I have to ask -- have you thanked your investors lately? That's right, your investors. Not the power brokers on Bay Street or Wall Street, but the people who were there for you from the very beginning. Think back all the way to your childhood. If you're like me, your first investors were likely your Mom and Dad. Maybe it was your grandparents, an aunt or even a godparent. These are the people who invested their time, energy and money to get you to where you are now. They're the ones you have to thank for your success.

I'd argue that one of the biggest ways parents can invest in their children is through a Registered Education Savings Plan (RESP). Not only will it pay off for your child in the future, but it will also help you when it comes to your own retirement plans.

Don't believe me? Take a look at what happened when two students decided to thank their own investors: the bank of Mom and Dad.

Warning: You may need to grab a tissue before watching these videos.

This Thanksgiving, I encourage you to take a minute and thank the people you're grateful for in your life. You can join the conversation on social media using the hashtag #Thanks4Giving and check out CST Consultants on Facebook and Twitter for more updates.


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