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Old 07-16-2015, 11:51 PM   #26
007 007 is offline
Shaken. Not stirred.
 
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Join Date: Sep 2002
Location: London
Casino cash: $12220126
VARSITY
Quote:
Originally Posted by DaneMcCloud View Post
I opened a 529 account for my newborn in mid-2008. I put in $15k to start.

By 2013, even after the crash and the market recovery, it was at $12k.

The "Stock Market", IMO, has become a "Market of Stocks". Nothing is guaranteed. Long term investments may or not be there in today's economy.

Buyer beware.
I won't even dabble in the market anymore. We only invest in highly stable and extremely conservative funds. We don't make much on them but at least we continue to gain and not lose.
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My dear girl, there are some things that just aren’t done. Such as, drinking Dom Perignon ’53 above the temperature of 38 degrees Fahrenheit. That’s just as bad as listening to the Beatles without earmuffs.
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