Dear Friends and Family,

Investors are currently getting overpaid for taking risk, while yields on ‘safe’ securities remain very low.

Fidelity found that 401(k) participants who stayed invested during the 2008 downturn saw their balances rise 50% by mid-2011, versus 2% for those who sold and stayed out.

For families planning for college: A US News article details how colleges determine merit aid. It’s a helpful read—search for Lynn O’Shaughnessy’s August 23rd article.

Also in education: Nevada’s decision to reallocate 529 plan reserves has raised concerns. Misuse of plan fees can lead to higher costs and diminished plan strength.

Seminar: ‘Your Financial GPS – Where Do We Go From Here?’ will be held in Issaquah and Alexandria on October 20th at Noon and 6:30pm. Please RSVP.

Sincerely,

Katz Family Financial