Search found 4 matches

by zondar
Mon Jun 19, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 7912

Re: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

To wrap this up: I don't see her (or her finances) as a lost cause, and I'm surprised at how harsh some of the responses have been (with one exception that I'll get to). She's surprisingly resilient and capable. She has pretty much everything in her life set up very well (living will, insurance, pai...
by zondar
Thu Jun 15, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 7912

Re: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

Again, I'd like to keep the focus on her portfolio, but here are a few responses to recent queries: The advisor's fee of 1% of assets put it at about $16,000 per year, amounting to roughly 1/3 of her dividend income. Paying this to be in the market was (recently) far better than being in a bank acco...
by zondar
Thu Jun 15, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 7912

Re: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

Hello Bogleheads, Thank you for the responses so far. I'd prefer to keep the focus on portfolio optimization and away from discussion about the past or lifestyle choices, or my own sanity for trying to help as a good friend. The ball is in motion and I'm not backing-out now. I am teaching her the ba...
by zondar
Wed Jun 14, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 7912

Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

Dear Bogleheads, I'm assisting a single parent with investment choices, specifically in helping to transition away from a typical wrap account (1% asset management fee), what feels like a very high exposure to stocks (85%; mostly individual stocks), and unnecessarily-high bond fund expenses (~0.85%)...