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Reply to "college rapidly approaching: question about 529s"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There are a lot of options between "cash" and "moderately aggressive" for you to consider.[/quote]some examples please?[/quote] Well, the easiest way is to use one of the package plans that come with the 529. There are almost certainly several options labelled[b] "moderate," "moderately conservative," or conservative. [/b] 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.[/quote]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?[/quote]
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