So I spent the morning in our bank credit union, working out details of the best way to safeguard the money we’re saving for the kids’ education. I selected the 529 savings plan and made various choices about the ways to invest the money within that plan (based on my kids’ ages, the level of risk involved with the investments, etc).
Though I’d done my homework before I met with the investment guy, I still felt unsure about some of the details and deferred to his expertise at various points. I came away pleased about the decision to open the accounts, but also self-critical about the fact that I’d also been ‘sold’ a particular investment product when I wasn’t completely sure about all of the details.
I feel that I need to become more savvy about investments. I know just the basics and use this knowledge to make what I hope are wise decisions. But perhaps the rest of you have some financial gurus that you trust? Can you point me to where you look for advice on investments and money management solutions?