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10k Gift: 529 or Brokerage?
10k Gift: 529 or Brokerage? In-laws gifted $10k. Wife and I are maxxing out our retirement accounts and contributing 1k/month to another S&P index fund. My gut is to move the 10k to the ETF over time. Wife wants to contribute the gift to our kid's 529, but should we lump sum it or should we DCA it over time? If the latter, where should we keep the balance? In a CD? Thanks...
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