Originally posted by gofaster
Which would have the highest return on that windfall?
I appreciate your concern, Gofaster.
At this time, I have a 529 plan set up or my daughter, which is funded via direct deposit, $100 per month, into an Age Based Asset Allocation Fund. She is only 3 years old, so the portfolio is quite aggresive.
As a secondary option, I have 3 UGMA accounts in place, which are allocated by a GSET format. These consist of 50% Fico Strips, and 50% Equity mutual funds.
I believe her college education will be well funded when the time comes, in 15 years.
Net net, I'm buying the couch.
