9
529K
L.V.
asks from New York
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 ...
ANSWERS
See all- 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 yo...
- 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 th...
- 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...