Cattle 529 Plan for Funding College

Editor's Note: Doug started this savings plan in 2012, and those are the number shown. If you're starting now, you'll just adjust them to what the market looks like now. Ever since I was a little kid all I wanted to do was farm and raise cattle.  Everything seemed so simple back then.  Just grow up and do what you want to.  We all had that dream.  When you get older, and especially when you have a kid, things get real. In the last year and a half I have spent way more time in the lawyer’s office and CPA’s office than I care to in a lifetime.  I did not get into the cattle biz to learn all about LLCs, Trusts,  payroll taxes and stuff like that.  Thing is I do get to do one money/parent thing I love: Invest in my kid’s future with nothing other than cattle. A couple years ago I got fed up with the stock market, and pulled all my money out of my Roth IRA, and used the money to buy cattle.  I’ve had a 20%, or better, return on my money since 2005 with cattle.  My IRA never did that. So here is my thinking.  As a parent it is always a concern of how to pay for college, even though I would not recommend college, or how to at least give our kids a good start.  After Bernie Madoff ,  John Corzine, and computer generated trades I do not trust the markets.  Thing is I know cattle, so I stick with what I know. Here is what I’m doing for my kid.  The numbers are based off my last trade just last week.  I know the cattle markets will move so for

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