Search found 17 matches

by Klaxton
Fri Feb 07, 2020 8:58 pm
Forum: Personal Investments
Topic: mutual funds - transfer in kindsolution
Replies: 1
Views: 170

mutual funds - transfer in kindsolution

I have a $200,000 value annuity that I can now fully redeem without a charge. It is now managed by a brokerage firm (not sold by them) that I am considering leaving as well. Total investments are about $1,300,000. If,for instance, I decide to go 100% with VG, what would be the best procedure to, if ...
by Klaxton
Sat Oct 19, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

Re: sibling and revocable living trust

I have only one sibling (older) remaining who is is now at age 81 living in another state 2000+ miles distant, who, in my opinion, needs help. He is basically a shut-in, does not make good financial decisions, may be suffering from early dementia and has no will or trust. He also has health problem...
by Klaxton
Sat Oct 19, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

Re: sibling and revocable living trust

I visited with him a year ago and several other times in the past ten years, offered my assistance and tried to help him with a number of issues he is having. He promised to take my suggestions but never acts upon them. I am at a loss in how to help him out. I offered to stop out again for at least...
by Klaxton
Sat Oct 19, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

Re: sibling and revocable living trust

I visited with him a year ago and several other times in the past ten years, offered my assistance and tried to help him with a number of issues he is having. He promised to take my suggestions but never acts upon them. I am at a loss in how to help him out. I offered to stop out again for at least...
by Klaxton
Sat Oct 19, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

Re: sibling and revocable living trust

BarbBrooklyn wrote: Fri Oct 18, 2019 7:13 pm Also, you might want to check out www.Agingcare.com. Good caregiver website.
Looks good.
by Klaxton
Sat Oct 19, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

Re: sibling and revocable living trust

Dottie57 wrote: Fri Oct 18, 2019 9:12 pm Maybe you could get POA and help him sell the house? Maybe he just can’t motivate to do anything.
Good Idea! The problem is that I cannot get him to see ANY lawyer.
by Klaxton
Fri Oct 18, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

Re: sibling and revocable living trust

You can start with the local ( his area) Area Agency on Aging. Every county in the US has one. You can request a "needs assessment". Someone will go out to his home and assess the situation; it's usually better if someone else is there to confirm information. Are you in touch with his neighbors? Hi...
by Klaxton
Fri Oct 18, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 15
Views: 1791

sibling and revocable living trust

I have only one sibling (older) remaining who is is now at age 81 living in another state 2000+ miles distant, who, in my opinion, needs help. He is basically a shut-in, does not make good financial decisions, may be suffering from early dementia and has no will or trust. He also has health problems...
by Klaxton
Wed Nov 28, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Fisher Investments - Help a family member leave
Replies: 28
Views: 3448

Re: Fisher Investments - Help a family member leave

Fisher is a fiduciary and only charges a flat fee based on assets under management. They charge no other fees, so that question won't elicit the response you anticipate. Their flat fee is pretty healthy, however. WRONG. Fisher, thru their "custodians such as T. Rowe or Fidelity or America Funds, ch...
by Klaxton
Sun Nov 11, 2018 10:36 am
Forum: Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 44
Views: 9402

Re: E. Jones/Vanguard and now Fisher Investments

OK then: I got into the "frying pan' with a FI representative (a Vice President BTW and an RIA although I did not ask for proof). Here is quick summary: 1. The 'AUM' or what I call a 'wrap fee' is 1.25% Wow! 2. FI would select a sole 'Custodian' such as a T Rowe Price,schwab or Fidelity. I would get...
by Klaxton
Tue Nov 06, 2018 10:05 pm
Forum: Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 44
Views: 9402

Re: E. Jones/Vanguard and now Fisher Investments

Thanks everyone for your respected advice. Quite a range of advice from being in the 'frying pan' to faux recording the conversation to specific advice. I have cut and pasted all of your comments and will develop a question checklist, that is IF I have the meeting. I responded to a phone call and ag...
by Klaxton
Sun Nov 04, 2018 7:23 pm
Forum: Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 44
Views: 9402

E. Jones/Vanguard and now Fisher Investments

I am age 75, no spouse, retired and have a portfolio of about $1.3 million 95% of which is with Edward Jones. This year I expect my EJ "fees and charges" to be about $14,500. With EJ, I have five accounts including an IRA and a Roth IRA plus one annuity which has a CDSC (Contingent Deferred Sales Ch...
by Klaxton
Sat Sep 15, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 62
Views: 5970

Re: Any reasons to not put money down for a Tesla Model 3?

Quick answers: 1. The car will only be as good as the company building it. (keep an eye on the company) 2. Tesla is a new car company and not fully experienced in the manufacture or marketing of cars. 3. In the early history of car manufacturing there were literally hundreds of car manufacturers. On...
by Klaxton
Wed Feb 14, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Vanguard Golf Balls
Replies: 15
Views: 2107

Re: Vanguard Golf Balls

Ask Vanguard?
by Klaxton
Mon Jan 08, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 81
Views: 15583

Re: Using Vanguard’s advisors

I'm really shocked about them only using average cost... unless it's for VG funds that are so old that that is all they have available. They were both covered and non-covered shares. By using average cost they don't have to worry about the nitty gritty detail about which shares to sell in a taxable...
by Klaxton
Mon Jan 08, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2019?
Replies: 198
Views: 20758

Re: What non fiction book will you be reading in 2018?

Writer, Soldier, Sailor, Spy - Ernest Hemingway's Secret Adventures - 1935-1961 © 2017. (Nicholas Reynolds) More of an historical biography but reads like a fictional spy novel.
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by Klaxton
Sun Jan 07, 2018 12:07 pm
Forum: Personal Investments
Topic: Which advisor?
Replies: 12
Views: 1364

Which advisor?

I currently have 90% (about 1.4MM) of my investments with E. Jones and want to compare costs, fees with and services with Edelman Financial and Vanguard. I have a telephone appointment with Vanguard coming up to review what they have to offer. I will be quizzing them on their 'total' advice. So far,...