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#43302 - 05/10/08 09:40 AM How much money is in these 529 plans
dallasdude
Registered: 05/10/08
Posts: 6
This may be random. However, its padding for 529 planning. The higher education institutions are aware that there is funding for the future. They started making the institutions of higher learning even more appealing. They are aware that they have to compete for your future students. Nice dorms, great rec centers, WIFI, and fine dining are the things I noticed the most as we visited four years ago (resort living). My observations are that parents go above and beyond for their offspring. So I also noted that while we may sacrifice on somethings to better the next generation. As such it is wise to invest in things like (somewhat recession proof) IPODs Apple, AF-American Eagle-Hollister's clothing, energy drinks, cell phones, laptops and other things our children have on their list of demands. They have been great stocks. Your best advisor may just be living in your home. Just some food for thought.
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#43306 - 05/10/08 11:18 PM Re: How much money is in these 529 plans [Re: dallasdude]
bwilk
Registered: 05/14/01
Posts: 3279
So its a good idea to spend all of your money on your child and hope that they take care of you later in life? Good luck with that.
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