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College fund now breaking even after drop

By Terry Savage on September 14, 2020 | College Savings / Student Loans

Terry, I pay in bright start college fund right now and I just got back the money I lost earlier this year. My daughter is a senior and will be go to college next year. Should I pull out now and be happy I got back what I lost or stay in till March. Thank you and listen every Wednesday on John Williams show

Terry Says

Move it to the money fund alternative. Immediately. With such a short time horizon, you shouldn’t be speculating! But you can’t just “pull it out” without a penalty. That money needs to be spent on allowed college expenses.

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