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<p>[QUOTE=&quot;Prime Mover, post: 1655230, member: 38783&quot;]One thing you may want to consider - While there may be tax advantages to them, 529&#039;s count against you when applying for financial aid, because whatever is saved in there is tallied against your total assets.&nbsp; So, if you were planning on trying to use financial aid as a way to help, the 529 is not a good vessel.&nbsp; I would talk to your financial advisor about that.</p><p><br /></p><p>Otherwise, as said, if there&#039;s a penalty for early withdrawal (usually there is), leave what you have in there for now, and then if you wish, you can put some money aside for PM&#039;s.&nbsp; Realize this tho - when you need to cash the money out, you&#039;re going to have to take the market rate at that time for selling.&nbsp; If you had to sell back a few years ago when it was $50, youd&#039;ve made out well, but if you had to cash out today, you&#039;d be half of what it was.&nbsp; </p><p><br /></p><p>As everyone says, diversify to protect yourself, but I think adding some PM into the mix isn&#039;t a bad idea.&nbsp; Besides, if they were to get scholarships, you can always keep the PM for yourself or another use - maybe hold onto for a graduation gift or something afterwards to help set them up their lives - whereas the 529 HAS to be used on their education or related costs only, or you lose it.[/QUOTE]</p><p><br /></p>

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