529k
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529K
Asked by L.V. from New York
on January 13, 2009
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In August of 2008 I invested some of my kids money into a 529K plan. I am so upset because between the 2 of them they have lost between $500 and $850 dollars f their i...
Answers
- Well, the 529 is meant to be a long term investment. If your children are young enough that the money is not needed for several years, then you should leave it. As you...
- Dear L., If you are upset about loosing $850 at a time when most people have lost a lot more, I would say that you may want to consider other kinds of investments tha...
- Keep the money in! You do not lose a dime until you take the money out just like in the stock market, yes it is beyond horrid right now but you dont lose a dime until ...
Saving for College.
Asked by A.C. from Dayton
on March 13, 2007
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I am finaly at a point where I can start saving for college for my daughter, the problem is I'm not sure where to start. Any information about different savings plans ...
Answers
- Have you tried Upomise? www.upromise.com. It is the simplest way to save. You really don't have to do much of anything. You register your credit card, grocery/pharm ca...
- I have been looking into this subject a lot lately. If you google Ohio 529, it offers all sorts of help as far as who to choose and what types of programs are offered....
- Hi A., I use CollegeAdvantage as my savings plan. A relative who is a financial advisor recommended it to me and we really like. You can take a look at the websit...
Christmas Gift Ideas
Asked by J.L. from Los Angeles
on October 25, 2008
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The Holidays are coming and family and friends are asking what our little guy needs. We had three baby showers (yes, three...we know too many people) and now have way ...
Answers
- The gift of time - babysitting so you can go out.
- Ah, I say if they are going to buy anything make the age for the gift a little older for the child that way he can grow into the gift instead of growing out. My son wi...
- What a blessing your family and friends are! :) Start building up your little guy's library. Board books are great for now and the near future, but also start getting...
