THE CASE:

You have two kids; 5 years old and 6 years old. You as parents have $500,000 left from your grandfather and you are planning to invest some of this money for your kids education.

Project the expected costs for the education now and into the future as well as estimating the average return on the investment portfolio.Be specific with how you generated your average return by stating the type of investment vehicles used in your education funds.Comment if you will self-manage the investments or seek professional management of the investment vehicles.Reflect on the tradeoff between a conservative strategy of investing larger lump sums today with lower future returns versus smaller lump sum investments and higher returns as this relates to your other goals for retirement planning and managing a brokerage account for improving your future quality of life by maximizing your wealth accumulation.