Saving for Your Kid's College: Start Here, and Start Now

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What do you think of buying a particular stock as a long-term strategy to pay for my daughter's college education? -- S. (via Stockpickr Answers)

To the question of whether any single stock is a good long-term investment strategy to finance college, the answer is an unequivocal "No."

When you're looking at a long-term, big-budget goal like college, asset allocation rules apply (see "Allocate Your Assets Like a Pro"). ...