Most parents don't save nearly enough for their children's education. "For a child born to

day, if you assume that current tuition is $5, 000 and educational inflation is five percent, you can expect to pay about $50, 000 for four years of post-secondary education-- and that's conservative," Pollock says.

DO open a registered education savings plan. The earnings aren't taxable as they grow within the plan, and there's the added incentive of the Canada Education Savings Grant— $400 from the government on the first $2, 000 of contributions per child per year. "That's a guaranteed 20 percent return-it's a no-brainer,' says Pollock.

However, when you decide to invest in the stock market, you must expect ups and downs. Recent years of tepid returns have changed the behaviour of many — but not ail — investors. Some have shifted to lower-risk investments or have stayed on the sidelines. Others seem to have forgotten the lessons of a volatile market and are taking chances again. While too much risk can hurt your pertfolio's growth rate, so can hiding in ultra safe investments paying one percent or less. Ideally, your portfolio should be able to keep its head above water during prolonged market downturns and be positioned to grow when the economy and market soar.

DO look at staying invested for the long haul. "Don't chase every fad, "says Daniel Goodman, associate portfolio manager and director of private client group with Dundee Securities Corporation in Toronto. He says trying to time the market is a fool's game. "Studies have shown that it's longterm discipline that provides above-average returns. Look at your asset allocation on a regular basis and rebalance it when necessary. But you have to start with a plan and stick to it."

DO diversify. "Your portfolio volatility will be reduced when one investment zigs while another zags, "says John De Goey,a financial advisor with Assante Capital Management Ltd. in Toronto and author of The Professional Financial Advisor. But don't overdo it, Goodman says. To start, you need the right mix of stocks and bonds. "A general rule of thumb is that the percentage of your investment portfolio consisting of fixed-income holdings should equal your age, "Goodman says. "So at 35 ,you should have 35 percent of your portfolio invested in fixed income and 65 percent in equities. "The thinking is, you become more conservative as you get older.

Which of the following is not mentioned in this passage？

A．It is not easy to pay for the Children's education nowadays.

B．The stock market became more risky in recent years.

C．No one wants to invest heavily on the stock market today.

D．A registered education savings plan will help parents to save more.