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Feb 15, 2006 -- Investing in 529 plans is declining

Fewer people are investing in 529 plans or college savings plans these days. Why? Apparently, many of these plans have gone down in value instead of going up so they’re not investing. These people should be upset because they’ve been dealing with a greedy commissioned broker. Remember that you can open a 529 plan yourself. You don’t need a broker. Check out Clark’s 529 plan Honor Roll and Guide to get started.

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This week's poll
Do you like the idea of auto insurers switching to a pay-as-you-drive model -- where how, when and where you drive may be monitored?
Yes, I'm all for any approach that can save me money.
No, it's too much like having Big Brother in the back seat.
I'm not sure. I'd like the savings, but I don't know if I'd feel comfortable being monitored.
see previous polls


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