Frothy Stock Market means Good News for 529 Plans

Finally some good news for folks who have invested tirelessly in their 529 plans - with the stock market hitting all-time highs, your basket of investments in your 529 plan should be showing dramatic increases. Now, I am not a financial planner, but one thing that many indpendent eduction consultants will tell you -- including me -- is that the closer your kids are to applying to college, PLEASE choose safer investments and transition out of the higher-risk but potentially higher-yielding investments you may have chosen in the past. After all, who knows what will happen in the coming years - lock in your gains and talk to your financial advisor as always. And, congratulations for the sacrifices, organization, and planning you did for your child's education.