Paying for college

Jolynne_Smyth
Sat, 19 Jul 2008 21:39:31 +0000

True, Lafalum84…if we knew the market future, we’d all be rich…!

ellenmenope—so you’d advise switching it into a risk-free CD or Treasury money market account? Thanks for that thought & differentiation from bonds. So completely true…we do need this $5k, no question about that! Will figure that as another option, instead of just skipping it over into a different style 529, as plan administer suggested. No sure what the fees, etc. would be; will find out.

I’ve heard some general advice on–don’t pull things out of the market, just ride it out—but, we need it in a year, this is not some long-range, 10 year plan (anymore!!).