Asset allocation for kids 529 accounts
What is the ideal asset allocation for a 529 account for my oldest, who is a sophmore in high school? Some additional information:
\- The funds in this account would cover the first 2.5 years of school if she were to attend a 4 year college away from home. The balance of education would be funded by other 529 accounts not part of this post.
\- I am not sure at this point if my daughter will choose 4 year college ($$$), community college ($$), online college ($), or some non-college route like military, gap year(s), or straight to work. More likely, community college or online, both which would be much less money.
\- I would like to maximize gains, but also realize that this money will may be needed (all or in part) in 3 years so don't want to risk it too much.
\- Currently it is 16% cash, 66% bonds, 17% stocks.