The trading limitations found in 529 plans are criminal
As I sit here in early summer, knowing that tuition is due soon for so many across the nation it is almost enough to make a grown man cry.
Imagine how many wonderful parents and grandparents who saved and saved and saved for their children and grandchildren and who will need 529 money over the next 50 to 75 days only to see it decimated by this market dislocation.
Think about it. Read the fine print folks.
Truly criminal in having trading limits on these 529 plans.
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., a money manager founded in 1995. A White Earth Chippewa Dean helped Native Americans for decades. Raised conservative, he trained on Wall Street in 1982/83, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived. Written from the Parisian Family Office at the Ghost Ranch in MT or at Pamelot, their TN farm.
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