Yesterday when I came home there was a message on my answering machine. It was from my financial advisor who usually never returns my calls. Since I hadn't been trying to call him, I was surprised to hear his voice on the answering machine.
He told me that he had "good news." The money that I had deposited to my son's college account never went through. There was a mixup with the advisor's name on the account. He's going to send me some paperwork in the mail for me to sign to get it fixed. He went on to say that the money I deposited (in June) has been sitting in the account as cash (instead of invested in the various stocks or whatever else do with those kind of accounts). Since the stock market has gone down 20% recently, that meant it was good news for me that the money was still cash because it didn't lose 20% like the rest of my son's college savings account.
Somehow his message of "good news" didn't leave me feeling very good.