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Life Planning Center > Paying For College
Developing a Funding Strategy
  • Pre-Funding the Cost
  • Your Pre-Funding Strategy Depends upon where You Are Now
  • Monthly Investment Program
  • Your Investment Objective
  • Understand Risk
  • Basic Strategies
  • How Is Investing for College Different from Other Investing?

Your Investment Objective

Starting a college investment program when your child is 16 or older does not give you the benefit of long-term growth. Any college-funding investment program should be started when your child is young and should have a long-term focus. Your investment objective should be for growth in an effort to stay ahead of inflation.

  • Connect with a Financial Consultant

In setting your objective, make sure you take into account your risk profile. That is, how much risk are you willing to take? Think of investment and risk as running across a spectrum, where investments with low risk are at one end and high risk at the other. With lower risk investments, safety of principal and minimal or no fluctuation in the value of your account is critical. As a trade-off, you are willing to accept a lower rate of return. Your tolerance for risk is usually lower when your time horizon is short-term. Typical low-risk savings vehicles include passbook savings accounts, certificates of deposit, and Series EE and Series I Bonds.

With higher risk tolerance, your goal is growth in your portfolio. You are seeking higher returns. You are willing to accept greater volatility over the short-term because your time horizon is long-term. Typical investments are growth stocks, international stocks and real estate.

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Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Franklin Mint Federal Credit Union and Mint Wealth Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Mint Wealth Advisors, and may also be employees of Franklin Mint Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Franklin Mint Federal Credit Union or Mint Wealth Advisors. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value

*The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: NJ, PA, NY, DE, AZ, MI, FL, MD, TX, VA, GA, NC.



Financial Learning Center content created by TrueBridge, Inc. The information provided is based upon sources and data believed to be accurate and reliable. The content contained herein is intended for information and illustrative purposes only, should not in any way be construed as a personal recommendation, and should be used in conjunction with individual professional advice.

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