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Reply to "How much money do you have invested for college for your kids?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here- wow- I'm surprised I got that much feedback but thank you.. I will look into coverdell as someone pointed out- and I'm not sure if what we have is enough but I'm just nervous about having enough with the market swings- I did move everything to super boring bonds etc. but it was depressing to see one year we put in let's say 20K and it was at 12K at the end of the year. And we did select age appropriate investments. I love the feedback so thank you.[/quote] OP - you need to read up on investing. By moving the $12k to bonds, you locked in your losses. If you have a long-term horizon, you need to think and act long term, not short term. [/quote] I looked up the return rates since we move the funds- the other more volatile funds fared less and have been negative for the past year.. our conservative ones have increased at a higher rate and are up this year.. we'll go back to other investments, but had we stayed were we were - we would be out even more. I guess I need to read more on investing.[/quote]
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