?Hire a fee-based FA temporarily for less than fee-only

[jacoavlu]

I've closed this thread. The OP has started another, and I'm hoping both sides stay on point there.

[Tim]

Need to up the grade of the FA if you pay. Rockstar is the way to go.

https://youtu.be/DmeUuoxyt_E

[Snag75]

fatlittlepig wrote:

Snag75 wrote:

Snag75 is going to ignore the self-righteous and ridiculously immature attitudes that seem to riddle this thread and keep her eyes open for intelligent and objective advice.

Snag75 about to ask a question to Fatlittlepig (What’s the difference between “Institutional” and “Total Stock Market” wrt the Vanguard Index funds?) but he’s not sounding very intelligent right now, nor someone who seems to care about my best financial interest (i.e. the point of this forum).  Snag75 will wait to see if someone else will be able to weigh in on some actual advice instead of flaming strangers like an angry teenage troll.

Click to expand…

Im acting like a Fatlittlepig because I am a Fatlittlepig. Now back to your question, quick google search

https://investor.vanguard.com/mutual-funds/profile/VINIX

Vanguard institutional index is a s&p index fund, low cost and excellent choice. It sounds too easy so it probably won’t appeal to you. Everything has to be complex and hard to understand right? Which is why you need the advisor. lOL

LOL I have 7 figures invested in index funds so although Fatlittlepig sounds like a teenage troll, Fatlittlepig practices what Fatlittlepig preaches

 

Click to expand...

I've taken this to a separate thread so I can get more direct responses (and hopefully less drama).  You're welcome to give your opinions there since others are giving theirs in the same place.

[fatlittlepig]

Snag75 wrote:

Snag75 thought that Fatlittlepig was trying to be helpful with his (yes, I assume you’re male) first post, but can’t help acting like a fatlittlepig in the process.  Fatlittlepig either didn’t really read what Snag75 wrote, or Fatlittlepig is just jumping on the bandwagon of rhetoric and judgement, despite his supposed intentions to help.

Snag75 is going to ignore the self-righteous and ridiculously immature attitudes that seem to riddle this thread and keep her eyes open for intelligent and objective advice.

Snag75 about to ask a question to Fatlittlepig (What’s the difference between “Institutional” and “Total Stock Market” wrt the Vanguard Index funds?) but he’s not sounding very intelligent right now, nor someone who seems to care about my best financial interest (i.e. the point of this forum).  Snag75 will wait to see if someone else will be able to weigh in on some actual advice instead of flaming strangers like an angry teenage troll.

Click to expand...

Im acting like a Fatlittlepig because I am a Fatlittlepig. Now back to your question, quick google search

https://investor.vanguard.com/mutual-funds/profile/VINIX

Vanguard institutional index is a s&p index fund, low cost and excellent choice. It sounds too easy so it probably won’t appeal to you. Everything has to be complex and hard to understand right? Which is why you need the advisor. lOL

LOL I have 7 figures invested in index funds so although Fatlittlepig sounds like a teenage troll, Fatlittlepig practices what Fatlittlepig preaches

 

[Tim]

Having flirted with two FA’s only makes parting so difficult.
Do do do
Down dooby doo down down
Comma, comma, down dooby doo down down
Comma, comma, down dooby doo down down
Breaking up is hard to do
Don't take your love away from me
Don't you leave my heart in misery
If you go then I'll be blue
'Cause breaking up is hard to do
Remember when you held me tight
And you kissed me all through the night
Think of all that we've been through
And breaking up is hard to do
They say that breaking up is hard to do
Now I know
I know that it's true
Don't say that this is the end
Instead of breaking up I wish that we were making up again
I beg of you don't say goodbye
Can't we give our love another try?
Come on, baby, let's start anew
'Cause breaking up is hard to do
Now I know
I know that it's true
(Don't say that this is the end)
Instead of breaking up I wish that we were making up again
I beg of you don't say goodbye
Can't we give our love another try?
Come on, baby, let's start anew
'Cause breaking up is hard to do
Comma, comma, down dooby doo down down
Comma, comma, down dooby doo down down
Comma, comma, down dooby doo down down
Comma, comma, down dooby doo down

[Hatton]

Institutional has a lower ER.

[Snag75]

Hank wrote:

60:40 split of Vanguard institutional index and Vanguard total bond market.

Click to expand...

Thank you Hank! (so refreshing to get a straight answer!)

Wondering if you (or anyone else) could explain what’s the difference between “Institutional” and “Total Stock Market” wrt the Vanguard Index funds?  I was advised to do the TSM earlier but it does not appear to be an option.

Also how do these differ from the retirement-year-based fund blends (e.g. the Vanguard 2040), which are usually the default?

Thanks again!

[Hank]

60:40 split of Vanguard institutional index and Vanguard total bond market.

[Snag75]

Tim wrote:

Sometimes decisions are determined by inspiration.

The problem is all inside your head she said to me
The answer is easy if you take it logically
I’d like to help you in your struggle to be free
There must be fifty ways to leave your lover
She said it’s really not my habit to intrude
Furthermore, I hope my meaning won’t be lost or misconstrued
But I’ll repeat myself at the risk of being crude
There must be fifty ways to leave your lover
Fifty ways to leave your lover
You just slip out the back, Jack
Make a new plan, Stan
You don’t need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don’t need to discuss much
Just drop off the key, Lee
And get yourself free
She said it grieves me so to see you in such pain
I wish there was something I could do to make you smile again
I said I appreciate that and would you please explain
About the fifty ways
She said why don’t we both just sleep on it tonight
And I believe in the morning you’ll begin to see the light
And then she kissed me and I realized she probably was right
There must be fifty ways to leave your lover
Fifty ways to leave your lover
You just slip out the back, Jack
Make a new plan, Stan
You don’t need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don’t need to discuss much
Just drop off the key, Lee
And get yourself free

Click to expand...

Sorry Tim, missing the point of this.  Let me know if you have any advice on the fund choices at this time (if not, no worries - this thread has just turned into something else entirely, very different than what I was expecting.

[Snag75]

Snag75 thought that Fatlittlepig was trying to be helpful with his (yes, I assume you're male) first post, but can't help acting like a fatlittlepig in the process.  Fatlittlepig either didn't really read what Snag75 wrote, or Fatlittlepig is just jumping on the bandwagon of rhetoric and judgement, despite his supposed intentions to help.

Snag75 is going to ignore the self-righteous and ridiculously immature attitudes that seem to riddle this thread and keep her eyes open for intelligent and objective advice.

Snag75 about to ask a question to Fatlittlepig (What's the difference between "Institutional" and "Total Stock Market" wrt the Vanguard Index funds?) but he's not sounding very intelligent right now, nor someone who seems to care about my best financial interest (i.e. the point of this forum).  Snag75 will wait to see if someone else will be able to weigh in on some actual advice instead of flaming strangers like an angry teenage troll.

[Tim]

Sometimes decisions are determined by inspiration.

The problem is all inside your head she said to me
The answer is easy if you take it logically
I'd like to help you in your struggle to be free
There must be fifty ways to leave your lover
She said it's really not my habit to intrude
Furthermore, I hope my meaning won't be lost or misconstrued
But I'll repeat myself at the risk of being crude
There must be fifty ways to leave your lover
Fifty ways to leave your lover
You just slip out the back, Jack
Make a new plan, Stan
You don't need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don't need to discuss much
Just drop off the key, Lee
And get yourself free
She said it grieves me so to see you in such pain
I wish there was something I could do to make you smile again
I said I appreciate that and would you please explain
About the fifty ways
She said why don't we both just sleep on it tonight
And I believe in the morning you'll begin to see the light
And then she kissed me and I realized she probably was right
There must be fifty ways to leave your lover
Fifty ways to leave your lover
You just slip out the back, Jack
Make a new plan, Stan
You don't need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don't need to discuss much
Just drop off the key, Lee
And get yourself free

[fatlittlepig]

On second thought ignore what I wrote and stick to that wacky percentage portfolio that advisor has you in. Obviously he is wiser than the Fatlittlepig and knows what he’s doing. Especially with the 23 and 12%. LOL LOL

[fatlittlepig]

Fatlittlepig will give you some free advice. Just change to 100% to VANGUARD INST INDEX. 

Fatlittlepig knows you wont do it because just skimming this thread sounds like you are asking for advice but are just looking for people to satisfy what you want to hear.

 

[Snag75]

adventure wrote:

There are a pile of things to check, do, don’t do, think about, consider, compare, etc.

I’m still working on things. But I did get started with one thing, and then another. Just pick one, and get started.

I’d offer this advice – just keep working at it, asking Mr. Google, or a free conversation, or around here or other forums, or coffee, or collegues, etc is a great start.

Here’s to a New Year in 2019!

 

Click to expand...

Thanks adventure, I am in that process currently, trying to get certain items dealt with that need addressing more immediately than others...then will be picking things off and likely asking for more comprehensive assessment/advice as a new plan comes together.

In the meantime, I am just looking at current holdings.  Wondering if anyone can give any basic advice re: this portfolio for one of my accounts (active contribution, <$100K currently).  These were the recent changes that were made, but I don't see the Vanguard total stock market Index fund listed as an option:

Blended Investments	--	VANGUARD TARGET 2040	10%	%
Blended Investments	--	VANGUARD TARGET 2045		%
Blended Investments	--	VANGUARD TARGET 2050		%
Blended Investments	--	VANGUARD TARGET 2055		%
Blended Investments	--	VANGUARD TARGET 2060		%
Blended Investments	--	VANGUARD TARGET 2065		%
Blended Investments	--	VANGUARD TARGET RET		%
Bond Investments	Stable Value	WF STABLE VALUE E view restriction(s)	23%	%
Bond Investments	Income	METWEST TOT RTN BD P		%
Bond Investments	Income	VANG TOT BD MKT INST		%
Short-Term Investments	--	FIMM GOVT INST	12%	%
Stock Investments	Large Cap	FID CONTRAFUND K6	25%	%
Stock Investments	Large Cap	JPM EQUITY INCOME R6		%
Stock Investments	Large Cap	PARNASSUS CORE EQ IS	20%	%
Stock Investments	Large Cap	VANGUARD INST INDEX		%
Stock Investments	Mid-Cap	VANG EXT MKT IDX INS		%
Stock Investments	International	OAKMARK INTL INST	10%	%
Stock Investments	International	VANG TOT INTL STK IS		%
Stock Investments	--	JPM SM CAP EQ R6		%

(Total must equal 100%)  Total: 0%

[Physicians Capital Management LLC]

A good article to read might be this one.  A good chunk of your money will wind up here: https://www.whitecoatinvestor.com/my-favorite-mutual-fund/

One way to get started down the road will be to call the Vanguard rep and tell them "I desire to transfer my accounts to Vanguard in kind.  Can you guide me through that process?"

It has been my experience that clients in your situation have a "fuzzy" period as it gets sorted out in your mind.  After a 3 months or so it becomes crystal clear.

Don't try and learn it all at once.  Just pick a up a few things every few days and you will be fine.