Educational Savings Accounts

[kepp]

Originally Posted by Dunit35

My oldest has $635 in her account. I have never invested any money so it does worry me that I'll lose the money.

It's a long-term investment...you can't react to day-by-day market swings. The funds that we use have a 5 year return of just over 9%. You will lose money on some days, but over the long haul, you'll gain. I think most 529 programs will have age-based/risk-based options.