529 Plan and College Savings

Archive for April, 2007

Question: I was given $1500 for graduating college and instead of putting it into savings, I really either want ..?

I was given $1500 for graduating college and instead of putting it into savings, I really either want to put it into stocks (I have schwaab) or a CD. Any ideas?? I want to move money here
obviously i would not invest it all in one thing i would like to break it up..

Answer: You not going to get far w$1500 on a single stock. Risk is too great.

Try a stock mutual fund or sharebuilder.com

Poogie Bell on Saving for College