[quote=temeculaguy]Flu that is awesome! You keep living your best life and ignore the haters.

I’ve got all the grand kids college funds tied mostly to the S&P which makes me nervous because they are time certain withdrawals. I worry the winning streak cannot continue. I find it ironic that the enemy to their college fund is a socialist who promises free college. I try to convince myself that it is a win/win or at least a can’t lose scenario. Then I’m reminded of the adage “you think it’s expensive now, wait till it’s free.”[/quote]

I don’t think you need to worry as much if you have 20 years before your grandkids needs it….unless they will be using it for k-12 private school… Personally, for a 529k, I’m not trying for that maximum return year after year. I am just trying to beat that 4.25% cost of college increase each year in a tax advantage account. If I can do that, I win…With the oldest 529k account, I started out just doing the vanguard total stock market index and vanguard total international stock market inbex at roughly a 70/30 split….It’s getting closer taking distributions from it and it will be the first of 3 accounts that will be used…I’m slowly moving elsewhere into other funds..[img_assist|nid=26900|title=|desc=|link=node|align=left|width=500|height=500]

The problem with Vanguard’s 529k… you can only have a maximum of 5 funds, and you can only reallocate twice per year. In the past, it wasn’t a big issue because the allocation was only in two funds and not being able to make changes frequently was a good thing since I couldn’t mess things up like I normally do… but now I’m trying to reduce the stock market allocation, it’s a little bit more difficult to figure out where. Some of it went/is going into vanguard inflation protected securities…..I hate this bond fund or bonds in general. Part is going into Vanguard Star fund….not a big fan this fund too because it’s basically a fund of funds…. And part of it is going into Vanguard income portfolio, which is basically more bonds…. The tiny allocation into the Vanguard High Yield (junk) bond was a mistake from not confirming my reallocation correctly and will be fixed next year. Whoops. Did I mention that I hated bonds? Lol…

Oh well. I barely noticed the slow monthly contributions throughout the years. Probably a few less eating lunch and dinner at a restaurants, a few less track days… so my kid has a option to go to a decent school somewhere and not be swamped with student debt … well worth the hassle imho.

I’m not terribly worried about politics. Obama, Trump, Warren… it’s just a shitshow that doesnt really put food on the table at the end of the day.