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College and University Discussion
Reply to "Do most people pay for college out of pocket?"
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[quote=Anonymous]PP here. Invested $272k over 18 years. All equity. Averaged $15k - $16k per month but very importantly made cash contributions on big market pullbacks. The average is misleading because biggest infusions were in 2008-2009. 2007 hardly put any money in at all. Always all equities because this is a long duration asset given the eventual use of funds. When my DC started college 2 years ago, the account had $700k in it. Have taken 4 withdrawals to pay tuition and room board and other expenses. It can be done. The key is to stay laser focused on outcome and think like an investor.[/quote]
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