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Reply to "Investment Account as College Fund"
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[quote=Anonymous]I'm looking at the various 529 accounts offered and if I had to make a decision I would probably choose a Vanguard 529. But I don't like that it's limited to just education expenses. I'd like to be able to use the money for non-education expenses if my kids decide not to go to college (though the Asian mom in me says, NO YOU'RE GOING TO COLLEGE!) Has anyone just put the "college fund" in an investment account and managed the account on their own? I'm no Wall Street whiz, but I've been getting decent returns on the funds I've been buying through Vanguard. I *think* I could manage the "college fund" the same way, but of course I'm nervous about it. Any tips?[/quote]
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