A Morgan Stanley College Fund I started for my daughter (Coverdell ESA) $500 initial investment is $175, 13 years later! Almost 3/4 loss of money!

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A Morgan Stanley College Fund I started for my daughter (Coverdell ESA) $500 initial investment is $175, 13 years later! Almost 3/4 loss of money!





I just had to inform everyone. NEVER NEVER start a college fund for your child. 13 years ago I started one for my child when she was one year old with Morgan Stanley/Dean Witter.

I called, as I remembered it today and had never received any statements in all these years.

I figured there would be a few more dollars in the account after 13 years, after all it is a college savings account

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