[reptile411]

I am currently putting about 92% of my expendable income into a high interest savings account, 5% into the kids education fund and 2% into stocks. I have heard comments as of late "not on this bord" that this is not a good thing to be doing. I always thought of a savings account as an investment, is it not? I mean my accounts are steadily growing each month. I am making a fairly nice return on my money by the numbers and its so much safer than putting 92% into stocks and 2% into savings isn't it? I have not always done this. When the market was bad I was shorting everything I could every day but it seems to me the market is starting to function the way it was intended to function and you have to be a lot smarter than me now to be able to make a good return on the short side. Any input, suggestions, comments? Should I stop puting my kids 5% in a savings account and put it in a ESA or custodial account that my broker offers?