Join Early Retirement Today
Thread Tools Search this Thread Display Modes
College saving suggestion
Old 03-17-2011, 02:29 PM   #1
Recycles dryer sheets
fisherman's Avatar
Join Date: Jul 2007
Posts: 483
College saving suggestion

I am trying to better invest the money we hold for our kids college in separate accounts. What I mean is the money is in my name and is not a Roth of 529 for many reasons. It is currently with Etrade in a separate account as they allow you to have multiple accounts with different account numbers. Makes this easy to track. I want to move this to Vanguard in a similar way if possible and plan to call them to determine of possible.

My question is for a six year time horizon what fund or funds would you put it in this year and how would you re-allocate each years as the start of college draws closer?

Thank you in advance for your advice!

Worked the plan and now living the Dream!
fisherman is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-17-2011, 05:39 PM   #2
Full time employment: Posting here.
urn2bfree's Avatar
Join Date: Feb 2011
Posts: 806
Vanguard probably has a fund targeted to that time horizon with a reasonable mix of fixed income and growth--...they would be into capital preservation more and more as you got closer. Fidelity has these Freedom Funds with the year you expect to use them like Freedom Fund 2015- - I am sure Vanguard has something similar.

urn2bfree is offline   Reply With Quote
Old 03-17-2011, 09:00 PM   #3
Moderator Emeritus
Nords's Avatar
Join Date: Dec 2002
Location: Oahu
Posts: 26,731
Originally Posted by fisherman View Post
My question is for a six year time horizon what fund or funds would you put it in this year and how would you re-allocate each years as the start of college draws closer?
Thank you in advance for your advice!
If by that you mean "college starts in six years", then why take risks? I bonds and CDs.

Not that it's possible to buy a lot of I bonds, but you could put some of them in the kids' names.

Spring 2020: my daughter and I wrote “Raising Your Money-Savvy Family For Next-Generation Financial Independence.”
Author of the book written on "The Military Guide to Financial Independence and Retirement."

I don't spend much time here— please send a PM.
Nords is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Suggestion for Obituary Thread REWahoo Forum Admin 29 06-03-2010 07:58 AM
College Financial Scholarships For Later College Years yakers Other topics 1 05-18-2009 01:24 PM
Need help on college saving option??? huutrinon FIRE and Money 18 11-15-2007 10:21 PM
College costs - saving money in little ways Leonidas FIRE and Money 19 08-20-2007 07:15 AM

» Quick Links

All times are GMT -6. The time now is 02:37 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.