158-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 3: Pre-Paid Tuition Plans
Radical Personal Finance
00:00
What Is the State of Florida Doing Right in Their Annual Report?
The state of florida avoided a lot of the catastrophe that many of the other states faced with their prepaid tuitionpo s because of their more conservatively allocated portfolio. The board employs an enhanced, structured immunization strategy to control interest rate risk while providing higher portfolio returns. To those who are bond investors, you 'll be interested in that. Thereis an inverse relationship between these two things and it's kind of wack to wrap your head around, until you think about it. Just memorize the rule. If you have a fixed obligation and you have a bond, you can actually match the liability to the asset. And in tatscenario, it doesn't matter whether interest
Play episode from 38:53
Transcript
