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[quote=Anonymous]We did open 529s but quickly realized it made more sense to keep investing in our favorite stocks. 18 years later, we have enough to send both kids to any college they choose. The oldest costs us 65K a year, at a 85K institution (merit aid). We'll see what the second kid goes. Then there's grad school or downpayment for a house, etc. PP is delusional, BTW. It's true that for a minority of people like us, who lucked out with their stock picks, yes, dividends are enough to pay for college without dipping into the capital. But that's only if your stock selection works out wonderfully, and only if the market is mostly bullish in the decades you invest. And of course, if means that if you had other plans for that money, well too bad, it's eaten by college costs. Most of the time, this strategy won't provide dividends that can pay for 100% of college... but it will pay a portion, and if you sell stocks, it can pay for all. Something to think about. When Apple is at a 52 week low, consider buying.[/quote]
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