Finalizing 529 plan
Ok, I have finally decided which one I am gonna go for, its.... Nevada's Vanguard 529 savings plan. The reasons why I chose this because of the number of investment options it has and also the comparitively cheaper expense ratios. In a way I am little against those age based portfolios as we are not in control of those investment allocations and I figured out it has too much buying and selling every once in 2 years. Those costs going to bring down my returns. My son just turned 9, I am going to invest in 40% bonds and the rest in stocks which includes 10% international stocks.
posted by Valli @ 9:11 AM
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