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this is good
Archived Message
Posted by AceFrehley
on March 7, 2017, 13:14:16, in reply to "
Some links. It's pretty painless
"
i guess i have a lot of reading to do today.
Message Thread:
529. Where do I begin?
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AceFrehley
March 7, 2017, 12:26:50
Generally, I believe each state has their own 529.
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Figs
March 7, 2017, 12:59:50
ok that's good to know.
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AceFrehley
March 7, 2017, 13:02:29
there are different investment options, just like a retirement plan*
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Victor's bananas
March 7, 2017, 13:06:21
Yeah, pick a low cost index and stick to it until maybe the end
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Potomac
March 7, 2017, 13:14:56
That's good advice. Of course everyone's situation is different, but generally should shift
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Victor's bananas
March 7, 2017, 13:16:12
i'm a more conservative guy
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AceFrehley
March 7, 2017, 13:19:58
it's certainly not too late to start*
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Potomac
March 7, 2017, 14:58:13
Do you have an account with Vanguard?
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Sydney Carton
March 7, 2017, 12:43:54
i do not. not to say that i wouldn't.
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AceFrehley
March 7, 2017, 12:45:41
Some links. It's pretty painless
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Sydney Carton
March 7, 2017, 13:13:27
this is good
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AceFrehley
March 7, 2017, 13:14:16
for a change*
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bucktownillini
March 7, 2017, 14:44:53
check out the california program...
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auto
March 7, 2017, 12:31:52
is that something i can sign up for at any major bank? or do i need to know a guy?*
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AceFrehley
March 7, 2017, 12:38:39
Should be able to invest directly into whatever state plan you would like.*
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Victor's bananas
March 7, 2017, 13:03:38
oof now we have choices. i don't like choices
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AceFrehley
March 7, 2017, 13:04:35
Not sure where you live, but I would start with your own state plan as far as research. If you don't
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Victor's bananas
March 7, 2017, 13:08:28
i live in CA. i'll start there. the options stress me out.
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AceFrehley
March 7, 2017, 13:10:33
Most plans offer a target date fund (similar to retirement) that changes the investment allocation
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Victor's bananas
March 7, 2017, 13:12:40
can you do something like a s&p thing?
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AceFrehley
March 7, 2017, 13:13:25
Yes most plans offer that or something similar. That is how I have my younger kid's Bright Start
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Victor's bananas
March 7, 2017, 13:15:02
The administrator is probably a mutual fund company not bank
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Potomac
March 7, 2017, 13:03:25
Searching