Reply to Is there a better vehicle than 529 for college savings right now?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Roth or regular investment account.
I will never understand why people can't take some chances with $15k-$20k in growth stock when kids are young. Same people have no problem putting $50k-$100k into some lousy fund offered by 529 and claim tax advantage. Then take out a little more than the put in when considering inflation. Why not put it in a mattress.[/quote]

You're under selling 529s. The Virginia 529 offers a total stock market index fund with a 0.069 expense ratio. The tax deduction + tax free withdrawal readily beats using a brokerage account to buy VTI (with a 0.03 expense ratio). [/quote]

This^^^. [b]The Virginia American Funds 529 is one of the best out there[/b], even if you don't live in VA.  The investment choices are top notch and the fees are low. We used that for all of our kids and will continue with it for grandkids[/quote]

A 529 you buy through a broker? When did that become a good idea?

I feel like we're dealing the realtors trying to pump up enthusiasm for bad houses in the Real Estate forum[/quote]

You're firing from the hip, buddy. Take a couple seconds to do some research before engaging in baseless attacks. The Virginia 529 program offers index funds from American Funds. They have relatively low expense ratios and are offered through the Virginia 529 program. Now that we've set the stage, why don't you explain your beef? I'm guessing you can't, because you're just another ill informed mansplainer. [/quote]

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