This weekend there were new postings on the Red Flag Deal's thread, "What's Wrong With Heritage Education Funds?", that deal further with the loss of thousands of dollars upon maturation of a fund, and also, with pulling your money out of the fund company early. People are taking a loss upfront to avoid major losses down the road. It crossed my mind to close our account as we'd already lost thousands but, if we'd taken our money out we'd have lost even more.
Currently, we are paying a minimal amount per month to mitigate risk with Heritage. But... did we do right thing? I wonder now if we should have cut all ties with them when we were going through the investigation? For us, we were fighting to get our money back from them. That didn't really work out. Thoughts like this can keep a person up all night!
What do you think? Do you risk staying the course and hope it works out? Or cut your losses and loose money?
Currently, we are paying a minimal amount per month to mitigate risk with Heritage. But... did we do right thing? I wonder now if we should have cut all ties with them when we were going through the investigation? For us, we were fighting to get our money back from them. That didn't really work out. Thoughts like this can keep a person up all night!
What do you think? Do you risk staying the course and hope it works out? Or cut your losses and loose money?
