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Reply to "MS parents: How much have you saved for college (529, etc.)? "
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[quote=Anonymous][quote=Anonymous]Is anyone else a little nervous about trowing a lot of money into a 529 right now? I'm worried markets will plunge with some craziness from Trump. I've been putting money in a regular savings and bough chunks in Jan after the Dec dive (should have bought sooner! & wish I had put in more then). The market inflation worries me. Trump worries me. The effect of a transition (hopefully) to a Dem pres who enforces reasonable business regulations on the market worries me. Ahhhhhhhhhh![/quote] I got worried about a year and a half ago that Trump overheated the stock market and it would bust soon. I took the amount of money in my 6th grader (at the time) account and bought 8 semesters of prepaid. I hedged my bets a little and left my 4th grader with the invest program. Thought that was a good idea since you can transfer the prepaid credits if my oldest doesn't use the prepaid. The prepaid was cheaper for the 6th grader than 4th grader. The stock market has been a little up and a little down since then and is currently a little up (but so is the cost of prepaid), so it is still to early to tell if it was the right choice.[/quote]
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