Reply to How much do you save a month for kids college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$0. We will pay out of pocket and liquidate investments as needed. [/quote]

This has me curious.  Are you so wealthy that the tax savings aren't worth the added time and hassle?  I don't clip coupons for this reason and I've always wondered how this scales up with greater wealth.[/quote]

Im not impressed with the performamce of many of the college savingd plans out that as compared to what my portfolio returns. Haven't looked at the 529 in years...enlihgten me, how are the gains? We also have a few rental properties and one of those could get it done. Really why bother, i see a clear path already. [/quote]

Well, for starters, the returns aren't taxed, so there's a 30% gain right there.  [/quote]

Long term cap is at 20%, but I'm really curious what the returns are. Whrn i checkes yrars ago, thry were miserable.[/quote]

You can check online, but the returns are not great. Overall 5%. On the high risk option, around 12% (recently).  Pretry much the 529Invest in an underpreformer and can have high fees.

A decent option for the masses, but if you all ready have a managed portfolio, you will do much better on your own, even when paying long term gains tax.[/quote]

Ok, yea, i see that online now. Doesn't make sense for me at all. Im utilizing  tax loss harvesting and have seen returns in the last 18 months upwards of 18%.  On some individual tech stocks im played with (gambled) one in particluar has grown 32% in the last 3 months alone. With those tech stocks, i will say, I've dumped at the 1yr mark, so in some cases I'm taking my 80% growth and running.[/quote]

The dow is up 23% in the last 18 months, and you could have gotten that return tax-free in a 529...   :roll: [/quote]

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