This is a follow-up to a previous post, 529 Plans: Another Way to Save. The day after posting I opened an Oregon 529 plan. Thus far, things have been working great. I’m automatically deducting $25 from my checking account the 15th of every month, an amount I barely notice.
Even though my portfolio is down 10.6% [...]
Archive for July, 2008
529 Plan, Revisited
Posted in Personal Finance, tagged 529 plans on July 14, 2008 | Leave a Comment »
Washington Mutual – the next big bank to go?
Posted in Economy & Markets, tagged bank failure, FDIC, Washington Mutual on July 14, 2008 | 1 Comment »
If you’ve been paying attention to the US banking system you’ll know things are a mess. With IndyMac failing, a projected $4 – $8 billion, or roughly 10%, of the FDIC’s reserves will go bye-bye. Several large near-term failures will whomp the FDIC and leave citizens wondering – is my money safe?
Washington Mutual is in line [...]