Ask Terry Questions BRIGHT START-college fund — investment choices

BRIGHT START-college fund — investment choices

By Terry Savage on December 04, 2019 | College Savings / Student Loans

Hi Terry. I’m a single mom on a teacher’s salary and finally set-up my daughter’s Illinois BRIGHT START account. She’s 15. I know, I’m a terrible mom for not starting earlier-but it is what it is. Question:
which fund do I invest in? The choices are Index Age-Based Aggressive, Index Age-Based Conservative, OR Index Age-Based Moderate.

Terry Says

At this point, with college only a few years away, and at the presumed nearby end of the longest bull market ever (!), I’d take the most conservative choice!

money

ASK TERRY

a personal
finance question