college rapidly approaching: question about 529s

[Anonymous]

No, DC has not made a shortlist of schools yet, needs to see SAT scores first; I am hoping for a state school

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are a lot of options between "cash" and "moderately aggressive" for you to consider.

some examples please?

Well, the easiest way is to use one of the package plans that come with the 529. There are almost certainly several options labelled "moderate," "moderately conservative," or conservative.

If OP comes up with his or her own portfolio, the main key to managing risk if you want to still has SMS equities is to diversity among several different types of equities and to look for some ETFs with reduced volatility. If OP really doesn't like bonds, hat might be a good portion of the investment portfolio to turn into cash.

yes, that is how that fund categorizes investments. I am wondering, if I have 2 529 plans (1 is Vanguard, 1 is TRowePrice) and I want to convert the bonds in both to principal plus interest, is that considered 2 changes, since the money never leaves the account?

[Anonymous]

Anonymous wrote:I am the parent of a high school Junior, so maybe 15 months out from paying college deposits;
I am getting urges to convert all DC's 529 college money to cash RIGHT NOW due mainly to all the finance sites claiming a correction is nigh
I realize it is irrational on some level but I'm struggling

The money is in age adjusted portfolios, moderately aggressive btw

Since you are only 2 years away from college, take half the money and buy prepaid tuition for your state. the other half can stay in the age-adjusted portfolio. If you DC does choose to go in-state, you've saved on at least 2 years of inflation (maybe more if you use the prepaid money for later years). If DC decides to go out of state, investment in a prepaid plan is pretty much the same as a cash investment and you can use that money elsewhere.