I have $5,000 and am weighing various options to save more for my sons' college tuition. There are 4 different account options: direct portfolio, guaranteed interest, high risk stock, or do nothing. The guaranteed interest account has a return of $9,000. The direct portfolio has a 5% chance of returning $20,000 a 60% chance of returning $15,000, a 30% chance of returning $10,000, and a 5% chance of returning $4,000. The high risk stock has a 1% chance of returning $100,000 and a 99% chance of losing everything.
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