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This may be a basic question: In the current market with my individual stocks down and mutual funds decimated I'm facing a dilemma: Do I sell shares in my relatively well-performing 529 fund and bond funds to pay my daughter's college expenses, or do I sell the stocks and taking a loss? Any recommendations? Is there a strategy anyone would recommend?

My recommendation has always been to move 25% of college savings to CDs or mm funds/accounts each year of high school so it's all in a safe place at the beginning of college.

You may want to visit the Tax Strategies board to see what the taxable account losses mean to your tax bill.

What you do with the 529 depends on how much it will cover this child's college expenses and if there are siblings following for whom it could be used.

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