Searching for some suggestions on my portfolio thought for my new child kid’s 529 plan, which I’ll open as quickly as I get her SSN.
I reside in a state that doesn’t have any tax incentives – I’m Constancy’s personalized method as a substitute of an age primarily based portfolio.
I’ve lurked this sub sufficient to know that going the INDEX fund over the non index is the best way to go because the charges will probably be decrease.
My plan is to do 80% FSKAX and 20% FSGGX for about 10 years, then begin including some bonds. I perceive the age primarily based portfolios auto modify and that they’re a glide path, however I believe proper now placing any bonds in earlier than the kid is even 1 is not completely mandatory when the runway is sort of lengthy
I’m open to anybody’s ideas and suggestions.
