Should You Invest In 529 College Savings Plan For Your Kids?

Should You Invest in 529 College Savings Plan for Your Kids?

In this episode, we talk about investing in a 529 college savings plan for your kids.

Should You Invest In A 529 College Savings Plan For Your Kids?
Invest In 529 College Savings Plan

In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.

Because of this, I’m often asked about the latest trend in investing, whether would it be years ago, gold and silver, the Greek Crash a couple of years ago, or more recently, weed stocks and cryptocurrency.

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To see our other videos in this series, where I give my thoughts on weed stocks, crypto, diversification, retirement plans and more, click here.

Today is about investing in a 529 college savings plan for your kids.

Let’s get to it…

College savings plan for your kids

Here are some of the things I talked about in the 22 – minute video above.

  • Why I don’t invest in a 529 College Savings Plan for my 3 daughters
  • Even though I’m a huge believer in education, why I don’t recommend people invest in the 529 College Savings Plan
  • Why you probably shouldn’t either
  • Unless you want to force your kids to go to college
  • Has to do with a 50% tax rate on the funds if the kids don’t go to college
  • Why I think college is dying
  • And more…

This video is part of the IloveValueInvesting Podcast which was recently voted a top 15 value investing podcast in the world by Feedspot.

You can listen to this episode and our others in this podcast by going here.

Does my reasoning in the video make sense to you? Let me know in the comments below.

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