Search found 3 matches

by Lefty517
Tue Jun 12, 2018 5:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard -Data Concerns
Replies: 29
Views: 2485

Re: Vanguard -Data Concerns

The reason why I review the accounts each evening is that I manage $3 million invested at Vanguard, accounts for family members. While that may appear very hands on, I take the responsibility of managing the money very seriously with fully accountability. I'm a retired chief credit officer who manag...
by Lefty517
Mon Jun 11, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard -Data Concerns
Replies: 29
Views: 2485

Vanguard -Data Concerns

A few weeks ago the Wellesley Income Fund and Wellington Fund incorrectly reported large losses that day. The Wellesley Income Admiral reported for the day that the fund lost 2.90%. When I saw the loss I called Flagship service and asked if the loss was an error because a number of the Balance funds...
by Lefty517
Thu Mar 31, 2016 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Lending Club (or other P2P) Experiences?
Replies: 23
Views: 2878

Re: Lending Club (or other P2P) Experiences?

As a retired Chief Credit Officer and Risk Manager who has collected and approved countless secured and unsecured consumer loans over a 38 year career, investors in P to P lending lack the experience and information to evaluate and understand the true risk to invest in unsecured lending. A credit sc...