In one of our FAVORITE episodes each year we wonder…will the market perform well in 2018? Will the royal family have a great year? We ask this question to the magic 8 ball AND many others, PLUS we look back at last year. What did the 8 ball say about the Chilean stock market, our S&P500, and more? Did it re-find it’s footing?

For those of you new to the Stacking Benjamins show, contributor Len Penzo (LenPenzo.com) brings his 8 ball down to the basement once a year so we can ask it questions. For several years the 8 ball was eerily correct…until last year. This year we’ll see if it returns to form.

We also answer someone’s three-oh call for help to the Blooom hotline (new this week to Stacking Benjamins!). This week it’s Erin, who asks if she need to open a college savings plan in the same state she lives in or the one where the beneficiary lives. We answer her question and explain just how these plans, called “529 plans” work.

On top of that, we’ll also answer a letter from another listener, share Doug’s trivia, and more.

Thanks to Thanks to Audible for supporting Stacking Benjamins. Start your 1 month FREE trial of audiobooks by going to Audible.com/SB or text SB to 500-500.

Thanks to MagnifyMoney.com for sponsoring Stacking Benjamins as well. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings.

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Show Notes:

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Thanks to Audible for supporting Stacking Benjamins. Start your 1 month FREE trial of audiobooks by going to Audible.com/SB or text SB to 500-500

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<>Today’s Contributors

Len Penzo

Check out the Len’s website: LenPenzo.com

Follow Andrew on Twitter: @LenPenzo

Paula Pant

Check out Paula’s site at: AffordAnything.com

Say hi to Paula: @AffordAnything

<>Doug’s Trivia

What year was the magic 8 ball patented?

<> Oh, Oh, Oh, I Need Money Help!

Thanks to Blooom for supporting Stacking Benjamins.  Get a one month free at stackingbenjamins.com/blooom and enter promo code SB for a month free!

• Erin needs some advice on 529 plans. Should she open a 529 in her own state, or where the beneficiary lives?

<> Letters From the Mailbag

• Where should an extra $1,000 a month go? Student loans, car loans… maybe save it for a larger down payment on a house?

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