carl1647545492 Posted January 31, 2019 Report Share Posted January 31, 2019 We set up a College Advantage,Ohios 529 Vanguard aggressive 529 plan about 12 years ago for the kidlets and apart from the tax breaks the actual returns have been awful,like a few thousand dollars and has not even doubled yet. As it turns out its a Vanguard Aggressive is a self managed fund and we have not been "managing" so much for advice... it looks like you need to research and tell them what you want like a US stock small cap. Anyways cliffs are I want something that is set and forget with good returns in the next 6 to 8 years. Thanks. Quote Link to comment Share on other sites More sharing options...
mmrmnhrm Posted January 31, 2019 Report Share Posted January 31, 2019 Not likely... Ohio's 529 has been consistently rated one of the best, and last year (2018) was pretty much a lost year in terms of returns (but at least it wasn't negative). Frustrating yes, but unless you're invested solely in purely defensive/preservation stuff like CDs or money markets, there's not a whole lot you can do to juice your returns in the current climate. Quote Link to comment Share on other sites More sharing options...
carl1647545492 Posted January 31, 2019 Author Report Share Posted January 31, 2019 So for for the best returns? Thats why I like Fidelity because its seamless advice however they do not invest in Ohio so there goes the tax break. Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted January 31, 2019 Report Share Posted January 31, 2019 Real estate. Quote Link to comment Share on other sites More sharing options...
Franchi Posted January 31, 2019 Report Share Posted January 31, 2019 https://www.savingforcollege.com/ Has all the data you could possibly want to research into. 3 years ago when I started setting up college stuff for my two kids, I used it extensively. Quote Link to comment Share on other sites More sharing options...
AngryBMW Posted February 1, 2019 Report Share Posted February 1, 2019 We set up a College Advantage,Ohios 529 Vanguard aggressive 529 plan about 12 years ago for the kidlets and apart from the tax breaks the actual returns have been awful,like a few thousand dollars and has not even doubled yet. As it turns out its a Vanguard Aggressive is a self managed fund and we have not been "managing" so much for advice... it looks like you need to research and tell them what you want like a US stock small cap. Anyways cliffs are I want something that is set and forget with good returns in the next 6 to 8 years. Thanks. If you need a good financial advisor, PM me for info. -Marc Quote Link to comment Share on other sites More sharing options...
iwashmycar Posted February 1, 2019 Report Share Posted February 1, 2019 Ours is 3 years old and looks to have 'made' 10%. Not too bad right? It also appears to have done something 5/2018: "Fund Closure Exchange Out - Advantage Age-Based Portfolio: Age 0-5"....and now just says "2032 FUND". Switched it all up I suppose. Also changed the "units"....went from 189 to 475...not sure what that even means. Quote Link to comment Share on other sites More sharing options...
carl1647545492 Posted February 1, 2019 Author Report Share Posted February 1, 2019 (edited) Well I may go with some kind of management if the benefits outweigh costs, otherwise their signing up and sending them to boot camp : ) Edited February 1, 2019 by carl Quote Link to comment Share on other sites More sharing options...
Wease Posted February 1, 2019 Report Share Posted February 1, 2019 Man, that really sucks. I have two plans through Collegeadvantage.com and have been over 10% gains in the 7-9 years I've them. I'd be so freaking pissed if that happen to me. So sorry to hear that... Quote Link to comment Share on other sites More sharing options...
o0n8 Posted February 2, 2019 Report Share Posted February 2, 2019 Ours is 3 years old and looks to have 'made' 10%. Not too bad right? It also appears to have done something 5/2018: "Fund Closure Exchange Out - Advantage Age-Based Portfolio: Age 0-5"....and now just says "2032 FUND". Switched it all up I suppose. Also changed the "units"....went from 189 to 475...not sure what that even means. they closed out the old funds for new ones with a lower expense ratio and a more certain time frame. The number of units went up because the new fund price is lower. Quote Link to comment Share on other sites More sharing options...
iwashmycar Posted February 2, 2019 Report Share Posted February 2, 2019 I hope that is good. If more units gain value it should in theory grow more exponentially no? Quote Link to comment Share on other sites More sharing options...
mmrmnhrm Posted February 2, 2019 Report Share Posted February 2, 2019 I hope that is good. If more units gain value it should in theory grow more exponentially no? No. Each unit begins with a smaller value, but the pot as a whole was unchanged. Quote Link to comment Share on other sites More sharing options...
Robochan Posted February 3, 2019 Report Share Posted February 3, 2019 Fuck their college. Skilled trades is where it’s at. Spend the money on yourself. Quote Link to comment Share on other sites More sharing options...
Geeesammy Posted February 3, 2019 Report Share Posted February 3, 2019 Fuck their college. Skilled trades is where it’s at. Spend the money on yourself. This I feel so bad for your kids by you shoving them into college. They don't have any concept of the amount of money they are going into debt, let alone how long it takes to pay back, LET ALONE do they know (usually) WTF they wanna do with their lives. But just keep contributing to the biggest bubble in America's history by all means, I'll take my sore back and retirement at 55 Quote Link to comment Share on other sites More sharing options...
Mojoe Posted February 3, 2019 Report Share Posted February 3, 2019 I’m all for the skilled trade push, but that does not mean college has no value. It’s not like his kids are 16+ and he’s just now looking to pay for them saying they want to go to school. With mom and dad both having a college education, there is a higher chance the kids will go to college too. Given that, the man’s been trying to maximize the funds in the right place for that opertunity to be there. The man imigrated to the US and is damn near the text book example of what is hoped for from someone moving here. He has a very nice house and it’s paid for. I’m guessing there are less then ten people on this site that can say that. Telling someone you feel sorry for their kids because the parent is making sure they have things in place for them to persue the field of interest, even college, sounds like you would just push your kid into a trade because you don’t want them to go to school. Then your kid becomes the one with the student loans and is exactly the problem you hate. Quote Link to comment Share on other sites More sharing options...
carl1647545492 Posted February 3, 2019 Author Report Share Posted February 3, 2019 This I feel so bad for your kids by you shoving them into college. They don't have any concept of the amount of money they are going into debt, let alone how long it takes to pay back, LET ALONE do they know (usually) WTF they wanna do with their lives. But just keep contributing to the biggest bubble in America's history by all means, I'll take my sore back and retirement at 55 No sucking on the tit here they will get a assist,if they do not tow the line can work their way thru on their own.....or go to boot...inside joke I’m all for the skilled trade push, but that does not mean college has no value. It’s not like his kids are 16+ and he’s just now looking to pay for them saying they want to go to school. With mom and dad both having a college education, there is a higher chance the kids will go to college too. Given that, the man’s been trying to maximize the funds in the right place for that opertunity to be there. The man imigrated to the US and is damn near the text book example of what is hoped for from someone moving here. He has a very nice house and it’s paid for. I’m guessing there are less then ten people on this site that can say that. Telling someone you feel sorry for their kids because the parent is making sure they have things in place for them to persue the field of interest, even college, sounds like you would just push your kid into a trade because you don’t want them to go to school. Then your kid becomes the one with the student loans and is exactly the problem you hate. Appreciate it Joe Quote Link to comment Share on other sites More sharing options...
LJ Posted February 3, 2019 Report Share Posted February 3, 2019 Nice comments. Maybe learn wtf you are talking about next time. 529s are not just for 4 year college. Your 529 account can cover qualified costs at community colleges, technical, art or music schools, or vocational schools. Quote Link to comment Share on other sites More sharing options...
RS69 Posted February 4, 2019 Report Share Posted February 4, 2019 We a have 529 for each kids(1 kid second year at OSU, 1 kid first year at OSU). Our rate of return had doubled. It is worth it, start when they are born. Quote Link to comment Share on other sites More sharing options...
mustangman2011 Posted February 5, 2019 Report Share Posted February 5, 2019 Whats funds are you guys investing in that have gotten the higher returns? Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted February 5, 2019 Report Share Posted February 5, 2019 This I feel so bad for your kids by you shoving them into college. They don't have any concept of the amount of money they are going into debt, let alone how long it takes to pay back, LET ALONE do they know (usually) WTF they wanna do with their lives. But just keep contributing to the biggest bubble in America's history by all means, I'll take my sore back and retirement at 55 I really believe you are the biggest idiot on this site. Quote Link to comment Share on other sites More sharing options...
RS69 Posted February 9, 2019 Report Share Posted February 9, 2019 Whats funds are you guys investing in that have gotten the higher returns? Cant remember for sure, but is the Ohio based 529 and we been investing for around 18 years. Quote Link to comment Share on other sites More sharing options...
Geeesammy Posted February 13, 2019 Report Share Posted February 13, 2019 I really believe you are the biggest idiot on this site. Okay. You act as if I give a fuck what a 5'9" internet stranger thinks about me. Quote Link to comment Share on other sites More sharing options...
Geeesammy Posted February 13, 2019 Report Share Posted February 13, 2019 Nice comments. Maybe learn wtf you are talking about next time. 529s are not just for 4 year college. A majority of plan owners do it with the intent to send their kids to a traditional 4 year college though... Quote Link to comment Share on other sites More sharing options...
LJ Posted February 13, 2019 Report Share Posted February 13, 2019 A majority of plan owners do it with the intent to send their kids to a traditional 4 year college though... Most, like myself, do it with the intent of their children using it for further education. Kids are more likely to do some type of post secondary education if they have any type of financial support. A 529 is not set up or intended to exclusively push kids into a 4 year college. Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted February 13, 2019 Report Share Posted February 13, 2019 Okay. You act as if I give a fuck what a 5'9" internet stranger thinks about me. Wait, what? Where did 5'9" come from, and what does that have to do with anything? LOL, thanks for proving my point, idiot. For the record, I'm 6'. Quote Link to comment Share on other sites More sharing options...
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