Comments on: Investing for Children http://www.penny-saved.com/2006/12/04/investing-for-children/ Personal Finance and Wealth by the Penny Wed, 07 Jan 2009 10:31:41 +0000 http://wordpress.org/?v=2.7 hourly 1 By: dimes http://www.penny-saved.com/2006/12/04/investing-for-children/comment-page-1/#comment-357 dimes Sun, 10 Dec 2006 00:20:30 +0000 http://www.penny-saved.com/2006/12/04/investing-for-children/#comment-357 I feel the same way! 529s are simply daunting, but the other vehicles won't accrue enough money to be worthwhile ($2000/year isn't going to make much of an inroad, I fear). With 529s, each state has a plan and a lot of the plans are new enough that we don't know which ones are good, and I'm not sure how the rules work with people like grandparents aiding in the investment. Such a muddle! I feel the same way! 529s are simply daunting, but the other vehicles won’t accrue enough money to be worthwhile ($2000/year isn’t going to make much of an inroad, I fear). With 529s, each state has a plan and a lot of the plans are new enough that we don’t know which ones are good, and I’m not sure how the rules work with people like grandparents aiding in the investment. Such a muddle!

]]> By: thatedeguy http://www.penny-saved.com/2006/12/04/investing-for-children/comment-page-1/#comment-356 thatedeguy Thu, 07 Dec 2006 02:58:51 +0000 http://www.penny-saved.com/2006/12/04/investing-for-children/#comment-356 And I think it's an awful interesting thought Bryan. I'm not so sure that it works completely. It depends largely on what assumption you make on the increase in salary that a person with a college degree will receive. And I think it’s an awful interesting thought Bryan. I’m not so sure that it works completely. It depends largely on what assumption you make on the increase in salary that a person with a college degree will receive.

]]> By: Bryan C. Fleming http://www.penny-saved.com/2006/12/04/investing-for-children/comment-page-1/#comment-355 Bryan C. Fleming Thu, 07 Dec 2006 00:11:34 +0000 http://www.penny-saved.com/2006/12/04/investing-for-children/#comment-355 Why not just forget the college thing and invest that money for his retirement? I've got this theory that the $50,000 you'd spend on college would have a better return just sitting in the stock market. How many of us really use that degree anyways? It's just a thought ;) - bryan http://www.BryanCFleming.com Why not just forget the college thing and invest that money for his retirement?

I’ve got this theory that the $50,000 you’d spend on college would have a better return just sitting in the stock market. How many of us really use that degree anyways?

It’s just a thought ;)
- bryan
http://www.BryanCFleming.com

]]> By: G http://www.penny-saved.com/2006/12/04/investing-for-children/comment-page-1/#comment-354 G Wed, 06 Dec 2006 16:34:18 +0000 http://www.penny-saved.com/2006/12/04/investing-for-children/#comment-354 My goal is to pay for a college education for my child (when I have one). My goal is to pay for a college education for my child (when I have one).

]]> By: Moneywalks http://www.penny-saved.com/2006/12/04/investing-for-children/comment-page-1/#comment-353 Moneywalks Tue, 05 Dec 2006 06:34:05 +0000 http://www.penny-saved.com/2006/12/04/investing-for-children/#comment-353 I don't have a child yet but when I get to that stage in my life I hope that I will be able to invest in their college funds as well. Good luck! I don’t have a child yet but when I get to that stage in my life I hope that I will be able to invest in their college funds as well. Good luck!

]]>