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Stock Market Thread
WRXtranceformed Wrote:Anyone looked at specific investment options for saving for childrens' college funds? Wifey and I want to start trying here this year and I would love to get way out ahead of the financial planning for their future. I met with Ben yesterday and he gave me some really good options with the pros / cons....UTMAs, 529 plans or just setting up a separate mutual fund that I can spend on whatever if we got scholarships.


I researched some 529 plans. Gotta be real careful. Since bonds are so low, it seems to be killing the "buy in" for prepaid 529 plans.

We are on hold putting anything into a college plan till we decide what we are doing this summer in terms of where we live. Since I don't see large gains to be made in the next 6 months, we are finishing paying off our last car/home reno loan in the next couple months, and then dumping money into a "college fund" once I see a correction come through.
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