Outlines the many savings and investment opportunities available for educational funding, including college funds, tax-free and tax-exempt securities, and real estate, and discusses particular investment strategies
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Coming out of one of the largest investment firms, this financial guide is aimed at parents saving for college. A list of current and projected tuitions for 100 universities is provided. The reader is shown how to calculate financial needs and saving abilities, and then introduced to the pros and cons of various investments. The author clearly explains such difficult subjects as mutual funds, closed-end funds, zero bonds, municipals, and Ginnie Maes. She also includes chapters on insurance, stocks, and real estate as investments. The College Fund Investment Selection Guides give suggested plans for early planners (with kids aged 1-12), late starters (13-15), last-minute savers (16-18), and for the college years. This is an excellent guide to investments that explains the options clearly and always in terms of college savings. There is nothing comparable available. It's certainly worth an investment of $4.95!-- Judith Nixon, Purdue Univ. Lib., West Lafayette, Ind.
Copyright 1989 Reed Business Information, Inc.
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