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Originally Posted by Tigger
As long as the City of Virginia Beach keeps charging personal property tax I'll never actually own my Z even if it is paid off. What a scam.
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I'm not sure I follow.
Quote:
Originally Posted by ocfoilist
Yes, we decided to go with the 529. It's got decent outs for various possibilities such as scholarships and such. There is a limit to schools outside of the US but it can also be applied to grad school. It can also be transferred to another family member, which I wasn't originally aware of.
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Ah got it boss. I opted for individual stocks, mutual funds, buying property as college planning alternative. Got some decent returns on the stocks. An older friend of mine spooked me by the amount of money his 529 lost in the midst of the crisis right when his kid was set to start college.