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<p>[QUOTE="Rono, post: 1656390, member: 6492"]Howdy sirfordster,</p><p><br /></p><p>Good for you to be thinking about them. We're doing the same with our grandsons. </p><p><br /></p><p>To answer your question, I'd keep the 529 but change the investments or even the custodian AND I'd invest in bullion. </p><p><br /></p><p>With the rats, I started out buying them all the basic annual coin sets - mint, both proofs, and all versions of the silver eagles and commemoratives. We also bought them both Series E and I bonds for Christmas and Birthdays. And we started a 529. Non of this stuff was to the max as you can tell with me buying the silver mint stuff but not the gold. feh. You do what you can. But you diversify.</p><p><br /></p><p>Check to see what the investment options are with the 529s and see if you can move it to a 529 in another state. As for investment advice for free, go to </p><p><a href="http://www.mutualfundobserver.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.mutualfundobserver.com/" rel="nofollow">http://www.mutualfundobserver.com/</a> It's free and their are wise people there that hang out in the discussion groups. </p><p><br /></p><p>As for adding bullion, you can Dollar Cost Average into whatever position you want to establish. By that I mean that on a regular basis you buy a fixed $ amount of bullion - say $xxx monthly or if more convenient, quartly or even annually. The trick is to do it regularly regardless of price fluctuations. By investing this way, you even out those same fluctuations. </p><p><br /></p><p>Good luck,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1656390, member: 6492"]Howdy sirfordster, Good for you to be thinking about them. We're doing the same with our grandsons. To answer your question, I'd keep the 529 but change the investments or even the custodian AND I'd invest in bullion. With the rats, I started out buying them all the basic annual coin sets - mint, both proofs, and all versions of the silver eagles and commemoratives. We also bought them both Series E and I bonds for Christmas and Birthdays. And we started a 529. Non of this stuff was to the max as you can tell with me buying the silver mint stuff but not the gold. feh. You do what you can. But you diversify. Check to see what the investment options are with the 529s and see if you can move it to a 529 in another state. As for investment advice for free, go to [url]http://www.mutualfundobserver.com/[/url] It's free and their are wise people there that hang out in the discussion groups. As for adding bullion, you can Dollar Cost Average into whatever position you want to establish. By that I mean that on a regular basis you buy a fixed $ amount of bullion - say $xxx monthly or if more convenient, quartly or even annually. The trick is to do it regularly regardless of price fluctuations. By investing this way, you even out those same fluctuations. Good luck, peace, rono[/QUOTE]
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