- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Let's Talk College Funds
Posted on 5/27/14 at 3:23 pm
Posted on 5/27/14 at 3:23 pm
I would like to open a college fund for my two week old daughter but am curious about who to invest with and why.
I have an IRA with Vanguard and have checked out their College Fund options. Here is the info from their website:
Read more here: LINK
It seems like a pretty safe/smart investment and is even more appealing since I already have an account with Vanguard.
Would you guys suggest just staying put based on the above information? Or are there better college funds out there - like the START program? Would you guys suggest an aggressive model (all stocks for first 5-10 years) or a moderate/conservative model?
Thanks, as always, for the advice. You guys are great.
I have an IRA with Vanguard and have checked out their College Fund options. Here is the info from their website:
quote:
Fast facts
-Minimum initial investment is $3,000*; minimum additional investment is just $50.
-Total contribution limit is $370,000.
-No enrollment, transfer, or commission fees.
-$20 maintenance fee on balances below $3,000.
-Ugift® offers a convenient way for family and friends to contribute.
-Upromise® services can add to your savings.
Read more here: LINK
It seems like a pretty safe/smart investment and is even more appealing since I already have an account with Vanguard.
Would you guys suggest just staying put based on the above information? Or are there better college funds out there - like the START program? Would you guys suggest an aggressive model (all stocks for first 5-10 years) or a moderate/conservative model?
Thanks, as always, for the advice. You guys are great.
This post was edited on 5/27/14 at 3:30 pm
3
Posted on 5/27/14 at 3:40 pm to Gugich22
START uses Vanguard funds.
Posted on 5/27/14 at 3:43 pm to Gugich22
Interested in this as well. With his size and athletic genes, I am trying to convince him to start putting in work for that scholarship. All he wants to do is roll around and grunt. Slacker.
Seriously though, what happens when you have $100k saved for the kid and he doesn't go to in state college? Or college at all? Or he is on some sort of full ride? Can it be transferred to other kids or withdrawn?
Seriously though, what happens when you have $100k saved for the kid and he doesn't go to in state college? Or college at all? Or he is on some sort of full ride? Can it be transferred to other kids or withdrawn?
This post was edited on 5/27/14 at 3:46 pm
Posted on 5/27/14 at 4:37 pm to Gugich22
quote:
Thanks, as always, for the advice. You guys are great.
Definitely the most useful board on this site. I'll be following this thread too as Mrs. BS and I are about to get started making future little BS's.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News