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.
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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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Today is about investing in a 529 college savings plan for your kids.
Let’s get to it…
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.
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Does my reasoning in the video make sense to you? Let me know in the comments below.
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