have to admit that the folks that recommended a slow drip into index funds over time has been good. I am quite surprised that the s&p500 YTD is close to 17%…. I dont do much these days, as I am trying to significantly reduce my risk exposure , besides letting auto investments get auto deducted into a 401k, 529k, and after tax vanguard index account….seems like boring has saves my butt once again versus trying to guess which way to go. Doubled my contribution to the 529k…..next year, will start taking capital gains distributions from it tax free to pay for a nieceand nephew private K and 1st grade school
tax free……their parents will each gift me back the money in cash. rinse and repeat each year …..better than investing in my own accounts and having to pay capital gains taxes in it…pretty much the same funds in 529k and my own vanguard after tax account. That $20k in distribution starting next year out of 529k for private k-12 will end up being close to $240k tax free distribution that moves that earned money back out, provided the new tax laws don’t change over the next 12 years. the theoretical limit of each 529k account is slightly over $500k… heh heh