InvestorsHub Logo
Post# of 42555
Next 10
Followers 5
Posts 2829
Boards Moderated 0
Alias Born 12/08/2004

Re: None

Saturday, 11/22/2008 12:25:14 PM

Saturday, November 22, 2008 12:25:14 PM

Post# of 42555
(Daiello, don't read) ;)~

"Dont Send Your Kids to College"

http://www.thestreet.com/story/10448874/1/dont-send-your-kids-to-college.html


I gotta say....w/the way things are going....I like this idea...especially bein that the pissant autopayment of $50/mos we scrap up each mos ta put into 529 aint gonna cut it come 2021 thru at least 2028-29 when the the lil will be into or thru her 4th yr....assuming they're even on the 4 yr plan....if they are anything like their dad (oh I hope not) they'll be on the 5.5 - 6 yr plan :0

& now w/the 529 taken a 30-40% haricut....I'm beg ta wonder if it's even up to the original principal we began with back in '02?

Damn if we shouldn't just stop funding it now.....then again, at these levels I suppose it would be stoopit ta not buy shares down here.

I must say tho....Altucher makes a good argument here....sorry Daiello....tho I guess if u r at least 2 yrs into it, u should def hang in there.

But unless folks have the money (& who does these days?) for a 4 yr degree (or more), I think Altucher raises some very good points here.


http://www.zeitgeistmovie.com/

http://www.thevenusproject.com/

"Risk comes from not knowing what you're doing."

Warren Buffet

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.