Thunder Good-Oil
Well-Known Member
- Joined
- Dec 2, 2011
- Messages
- 46,380
- Likes
- 47,397
Fwiw, we use the Hartford Smart 529. Fees seem reasonable, and it was recommended by our advisor / broker who’s been licensed 40+ years. He’s a close family member as well. I’m sure there are other good ones out there, so make sure to research and find what’s best for you and your family.Anyone in here good with the college 529 plans? My kids bank cds just matured so I cashed them in and was looking at the 529 plans. Feel free to pm me if you want so we don’t flood this thread or just post here. Just looking for some insight on either to use TNstars or make a Fidelity account. I thought about the UTMA account but I think that could end up hurting a little worse in the long run due to tax implications.
I agree with your statement about trusting financial statments. As far as trust: Chinese stocks, it's almost zero. SMCI is somewhat better. Not much. Just a gamble to buy the stock. Risk is too great for a prudent investor.
Anyone in here good with the college 529 plans? My kids bank cds just matured so I cashed them in and was looking at the 529 plans. Feel free to pm me if you want so we don’t flood this thread or just post here. Just looking for some insight on either to use TNstars or make a Fidelity account. I thought about the UTMA account but I think that could end up hurting a little worse in the long run due to tax implications.
I should currently make out my 401k this year. I’m putting in 21% and my employer matches 12% $ for $.I don’t know anything about 529s, but maxing out a 401k to take advantage of a company match should probably be the first thing to do. Then do the same with a Roth IRA. A health savings account should also be contributed to by as much as possible.
Fidelity, Schwab, and ETrade should all be able to provide free advice with 529 accounts.
Yes, the Hartford Smart 529 is somehow connected to West Virginia. We didn’t even visit that state until we had been in that 529 plan for four at least fifteen years.I should currently make out my 401k this year. I’m putting in 21% and my employer matches 12% $ for $.
I am curious to who has the best 529 plans out there. Idk about the tn stars plans but also didn’t know if you can jump in other states plans as well
Thanks for these links. I’ll check them out in the morning529 Plan Investment Options - Fidelity
As you get ready to open your 529 account, decide on an investment plan that works best for you. Our 529 investment programs offer options for every type of investor.www.fidelity.com
Find the right 529 plan for you | Vanguard
Find the right 529 plan for your needs with Vanguard. Explore options, benefits, and strategies to effectively save for your child’s education.investor.vanguard.com
Five things you may not know about 529s (but should)
They're tax friendly, flexible, and available to anyone. Yet, 529 education savings plans are still underused. Here are five things that parents, grandparents, and anyone hoping to get a leg up on college costs need to know.us.etrade.com
529 Plan Vs. Roth IRA: Which To Use For College Savings | Bankrate
Here are the pros and cons of using a 529 or a Roth IRA to pay for college.www.bankrate.com
Thanks for these links. I’ll check them out in the morning
My 401k is with Fidelity so one benefit of using them would be all of my accounts would be under one platform/dashboard but vanguards investing options seem to have more of a variety. The way I’m thinking right now I want something to follow the large caps.I’m partial to those 4 brokers.
I like Schwab the most for having all sorts of free resources and assistance.
Vanguard is a mutual company (owned by their customers) and has really low fees. Vanguard also has substantial scale and would have a lot of help as well.
ETrade is a part of Morgan Stanley and together they can provide seamless wealth management over a lifetime.
Fidelity is privately owned, but they are a lot like Schwab with their client service.
Personally I’d start with Schwab and avoid banks and insurance companies (if those 2 even offer 529 plans).
My 401k is with Fidelity so one benefit of using them would be all of my accounts would be under one platform/dashboard but vanguards investing options seem to have more of a variety. The way I’m thinking right now I want something to follow the large caps.
I haven't looked in a while, but in the past VG wanted nothing to do with cryptocurrency.My 401k is with Fidelity so one benefit of using them would be all of my accounts would be under one platform/dashboard but vanguards investing options seem to have more of a variety. The way I’m thinking right now I want something to follow the large caps.
DJT has a market cap of over $7 billion but only has institutions holding 6% of the shares.
52 week range is $11.75-$79.38. Current price is $30.50. This is what I would consider a very high risk stock that isn’t a good long term hold. The volatility makes it tradable. I’d take any quick gains and watch for bounces off of pull backs before going long again. IMO it’s not worth the effort to follow it. Maybe buy puts if they were cheaper.
I think it is absolutely worth a gamble starting Jan 1st into the inauguration. I plan dropping a dime or so into it around that time.
Oh I am not holding long term. Just looking to piggy back off of the momentum into his inauguration. I won't hold it past then.I just think that fundamentally it’s not a good business. I think that Trump will be selling off his shares whenever they go up in price. And X has transformed since Musk bought Twitter.
I think it should be about a $12-$15 stock. I’d look to unload and take any quick profits. And you know that the Dems are already plotting more impeachments and indictments. Any of those events will crash the shares from the current levels.