Search found 234 matches

by teelainen
Sat May 16, 2020 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Not Driving much - Cancel full coverage on car insurance and get liability only - Good idea?
Replies: 11
Views: 1319

Not Driving much - Cancel full coverage on car insurance and get liability only - Good idea?

Since we are hardly driving anyways, and the car is always parked inside the garage, wouldn't it be a good idea to just cancel full coverage on car insurance and get liability only?

What do you think?
by teelainen
Sun May 10, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 12987

Re: Will "work from home" destroy the commercial real estate market?

Now that people have experienced WFH, the genie can't be put back in the bottle. While not every company will do WFH after the pandemic, many will probably offer part time or full time WFH arrangements. Workers will demand it and companies will offer it to be competitive. This could mean that compa...
by teelainen
Sat May 02, 2020 10:51 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 68
Views: 9602

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

Calling "commodities" diversifiers just cause they are different to me is laughable. One can always buy more stuff and hope the stuff has greater value in the future. Pokemon cards, baseball cards, stamps, and autographed memorabilia, heck how about an antique record player just in case! https://ww...
by teelainen
Sat May 02, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 68
Views: 9602

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

He was saying to not hold corporate bonds, all weather holds treasury bonds. That's incorrect. The article says: "Ray Dalio, who leads Bridgewater Associates, the largest hedge fund in the world, said investors would be "crazy" to hold government bonds in the current environment where central banks...
by teelainen
Sat May 02, 2020 12:22 am
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 68
Views: 9602

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

Since it is 55% bonds, and Ray Dalio said on 4/15/2020 that "This period, like the 1930-45 period, is a period in which I think you’d be pretty crazy to hold bonds," I infer that Ray Dalio believes that this period is a period in which you'd be pretty crazy to hold this portfolio. If Ray Dalio thin...
by teelainen
Sat May 02, 2020 12:16 am
Forum: Personal Finance (Not Investing)
Topic: PPP Loan - Looking for an online or Fintech lender, plus I have some questions
Replies: 2
Views: 343

PPP Loan - Looking for an online or Fintech lender, plus I have some questions

Looking for an online or Fintech lender who can provide PPP loans. Here are some questions: 1. As of May 2nd right now, does the PPP (Paycheck Protection Program) still have enough funds to provide loans to business owners? 2. Has anyone here been able to successfully get a PPP loan from an online o...
by teelainen
Tue Apr 21, 2020 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question about husband and wife independent contractors who earn 1099-MISC
Replies: 3
Views: 328

Re: Tax question about husband and wife independent contractors who earn 1099-MISC

Yes, there is something very wrong with paying the wife as a 1099-NEC independent contractor (IC). It is very difficult to classify an immediate family member as an IC. When employing an immediate family member, it must still be demonstrated that the Behavioral Control, Financial Control and Relati...
by teelainen
Tue Apr 21, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Tax question about husband and wife independent contractors who earn 1099-MISC
Replies: 3
Views: 328

Tax question about husband and wife independent contractors who earn 1099-MISC

Scenario: Husband is an independent contractor who gets a 1099-MISC at the end of the year. He makes about $120,000 per year. His wife is his assistant, and she helps him tremendously with his business throughout the year. He pays her $40,000 per year and he issues her a 1099-MISC at the end of the ...
by teelainen
Thu Apr 16, 2020 3:30 pm
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1507

Re: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

Early this morning as the sky was starting to lighten and I was waiting for the facilities to become available it "dawned" on me that while GBIL is an excellent option there may be a better one. It's called DOCs 13 Wk T-Bill FUND (MOF). Same base yield as GBIL but with 90% less ER. It's availabilit...
by teelainen
Mon Apr 13, 2020 10:54 am
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1507

Re: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

Doc wrote:
Mon Apr 13, 2020 10:49 am
Image
Yes there are tiny fluctuations, but they seem negligible to me. Especially if I am going to get a much higher yield.
by teelainen
Mon Apr 13, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Does anybody have an IPS that says 'I will sell all equities when X happens'?
Replies: 92
Views: 4034

Re: Does anybody have an IPS that says 'I will sell all equities when X happens'?

Does anybody have an IPS that says 'I will sell all equities when X happens'? If so, what is that 'X' that is written into your Investment Policy Statement (IPS)? I do not have such an IPS myself. How about a variation such as 'I will sell 80% of portfolio equities when X happens'? If any country i...
by teelainen
Mon Apr 13, 2020 10:44 am
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1507

Re: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

The price of this ETF has remained unchanged since its inception date, so it seems like the extra risk is negligible, but perhaps I am wrong? I would say you probably are wrong. If you want true safety, hold the treasuries directly. I agree with you that I am most likely wrong, but even with the Va...
by teelainen
Mon Apr 13, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1507

Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

For holding cash, it seems like the Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is yielding a lot more than the Vanguard Prime Money Market Fund (VMMXX). The price of this ETF has remained unchanged since its inception date, so it seems like the extra risk is negligible, but perhaps I am wrong...
by teelainen
Fri Apr 03, 2020 10:27 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Average all your money each month (over the course of 5 years) - Good idea?
Replies: 19
Views: 1462

Re: Dollar Cost Average all your money each month (over the course of 5 years) - Good idea?

In 1929, it took another 4-5 years before the stock market reached the bottom. So it seems like that depression took 5 years to bottom out. Since that's the only reference we have to go by in US history, what are your thoughts on Dollar Cost Averaging all your money each month (over the course of 5...
by teelainen
Thu Mar 26, 2020 10:41 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63006

Re: So bottom is probably behind us....right?

RayKeynes wrote:
Thu Mar 26, 2020 11:31 am
The following is the main reason why the bottom is not yet in:

Image
There seems to be an error on this report.

March 2001 was not the peak of the market. I thought the peak was March 2000 ?
by teelainen
Wed Mar 25, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Average all your money each month (over the course of 5 years) - Good idea?
Replies: 19
Views: 1462

Dollar Cost Average all your money each month (over the course of 5 years) - Good idea?

In 1929, it took another 4-5 years before the stock market reached the bottom. So it seems like that depression took 5 years to bottom out. Since that's the only reference we have to go by in US history, what are your thoughts on Dollar Cost Averaging all your money each month (over the course of 5 ...
by teelainen
Fri Mar 20, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio's paradigm change
Replies: 46
Views: 2838

Re: Ray Dalio's paradigm change

You can read about it here. https://www.linkedin.com/pulse/how-do-you-know-whats-true-facts-rumors-panics-ray-dalio/ Basically Dalio says that the likely scenario is that central banks will be printing lots of money, interest rates will stay low. Therefore, s far as I understand inflation will thus...
by teelainen
Thu Mar 19, 2020 4:00 pm
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4943

Re: Get a 2nd Refrigerator for Home, and put in garage - Good idea?

What about stand alone freezers?

Can anyone recommend a reliable brand for stand alone freezers?
by teelainen
Sat Mar 14, 2020 10:15 pm
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4943

Get a 2nd Refrigerator for Home, and put in garage - Good idea?

We are thinking about getting a 2nd Refrigerator for our home and putting it in the garage. Is that a good idea? Has anyone done that before? What are some things to think about? What are some things to watch out for? Also, which one of these should we get? - French Door Refrigerator - Top Freezer R...
by teelainen
Wed Mar 11, 2020 1:57 pm
Forum: Personal Investments
Topic: officially bear market ...
Replies: 77
Views: 7072

Re: officially bear market ...

veggivet wrote:
Wed Mar 11, 2020 1:54 pm
All indexes will be in bear territory by weeks' end. Total loss from top to bottom could be between 40-50%, depending on how bad we botch this thing. So far, so not good.
Hopefully it is only 40-50% like you said. Hopefully it will not be 60-70%.
by teelainen
Tue Mar 03, 2020 5:21 pm
Forum: Investing - Theory, News & General
Topic: How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero?
Replies: 19
Views: 1668

Re: How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero?

I'm hoping we'll see the release of Ray's next book, "Economic and Investment Principles" sometime this year, and maybe it'll shed a little bit more light on what he'd suggest an average investor to do, that doesn't have access to Bridewater's All-Weather fund. Source: https://twitter.com/RayDalio/...
by teelainen
Tue Mar 03, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero?
Replies: 19
Views: 1668

Re: How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero?

????? Are you talking about Ray Dalio's hedge fund, the "All-Weather Portfolio," which uses a risk parity strategy, and can only be invested in by "qualified" high net work individuals... ...or are you talking about a portfolio of five ETFs, more or less like this, called the "All Seasons Portfolio...
by teelainen
Tue Mar 03, 2020 12:59 am
Forum: Investing - Theory, News & General
Topic: How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero?
Replies: 19
Views: 1668

How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero?

How will Ray Dalio's All-Weather Portfolio perform when interest rates get near zero? It has performed pretty well in the past few decades because of the crazy bond bull market (for bonds). FYI - his All-Weather Portfolio is made up of: 40% in Long-term U.S. Treasury Bonds 15% in Intermediate-Term U...
by teelainen
Wed Feb 26, 2020 12:05 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296660

Re: Corona virus and the market

1918 was the word year of the flu pandemic in the United States. Here are the annual returns of the US stock market in that time frame. https://imgur.com/gnJHRFd.png They didn't have direct flights from Asia to North America back in 1918. Asia is the continent with the highest number of Coronavirus...
by teelainen
Mon Feb 24, 2020 11:33 pm
Forum: Personal Investments
Topic: Market sell off
Replies: 55
Views: 7706

Re: Market sell off

What is best way to react to today market sell off? If this was Las Vegas, the oddsmakers might say that there is a 51% chance that the market will continue to decline in the short-term (because of this Coronavirus). Of course the oddsmakers will also say there is a 49% chance that the market will ...
by teelainen
Fri Feb 21, 2020 11:34 pm
Forum: Investing - Theory, News & General
Topic: Gold and long-term treasuries are highly correlated recently
Replies: 35
Views: 2505

Re: Gold and long-term treasuries are highly correlated recently

fredflinstone wrote:
Fri Feb 21, 2020 12:49 pm
I think the price of gold will continue to rise.
Sure seems like it. Gold seems unstoppable right now. Do you see anything that could possibly cause gold prices to decline right now?
by teelainen
Fri Feb 14, 2020 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12324

Entry-Level Jobs with Pensions - What companies still offer pensions these days?

My sister's son is 23 years old and is graduating college with a business degree. He will be looking for a full-time job soon. His mom wants him to work for a company that offers a pension. She had a pension with her job, and she said it is a lifesaver. However, that was a long time ago and she is n...
by teelainen
Thu Feb 13, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Challenge: Fastest way to lose money in the market?
Replies: 85
Views: 5219

Re: Challenge: Fastest way to lose money in the market?

Stinky wrote:
Thu Feb 13, 2020 11:45 am
Front loaded mutual funds. 5+% loss on day 0.

Churn those funds. 5+% loss every time you sell and buy. Rinse and repeat.

You’ll never get to zero by taking 5% losses. But you can get close.
+1
by teelainen
Thu Feb 13, 2020 4:28 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18093

Re: Who’s Buying Bitcoin?

Jon_PassiveInvestor wrote:
Wed Jan 15, 2020 4:16 pm
I’m about to pull trigger and buy bitcoin, ethereum, and some Litecoin tomorrow. Who else is investing in these? What % allocation are you going with?
5% in gold is never a bad idea.

Perhaps 2.5% in cryptocurrencies is reasonable?
by teelainen
Thu Feb 13, 2020 4:23 pm
Forum: Personal Investments
Topic: best use of 750k Cash
Replies: 12
Views: 2038

Re: best use of 750k Cash

Current home - 1.3M value, 300K left on a mortgage ( we pay ~2000 for a 15 year fixed load) Rental home - 1.05M value, 450K left on a mortgage ( i am -500 cash flow -ve on a 15 year fixed loan) Pay off both mortgages. Going to sleep at night knowing that you have no debt is good for your health, wh...
by teelainen
Fri Jan 31, 2020 10:46 am
Forum: Personal Finance (Not Investing)
Topic: TotalDirectBank offering 2.10% APY for online savings account - But are they safe?
Replies: 12
Views: 1481

Re: TotalDirectBank offering 2.10% APY for online savings account - But are they safe?

nisiprius wrote:
Fri Jan 31, 2020 6:46 am
By the way, did you notice that this bank does not do business in Florida or California?
Hmmmm, very interesting. Their website says that TotalDirectBank is a division of City National Bank of Florida.

Why would a bank in Florida not do business with customers in Florida?
by teelainen
Fri Jan 31, 2020 12:04 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 375
Views: 82980

Re: Retreat to cash

MindBogler wrote:
Thu Jan 30, 2020 11:24 pm
This thread is amazing and a case study in what not to do.
Keep in mind that it is always easy to say in hindsight (3 years later) that the OP was wrong.

But yes, in general it is always better to stay the course until you know judgment day is coming.
by teelainen
Thu Jan 30, 2020 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: TotalDirectBank offering 2.10% APY for online savings account - But are they safe?
Replies: 12
Views: 1481

Re: TotalDirectBank offering 2.10% APY for online savings account - But are they safe?

I savings bond (tax exempt local/state and tax deferred federally) are currently 2.22%. Just a heads up for a small sum of say $10,000 if you don't need to access it for at least a year. After a year, I savings bond (which its rates depends on the rate of inflation) are as liquid as any other savin...
by teelainen
Thu Jan 30, 2020 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: TotalDirectBank offering 2.10% APY for online savings account - But are they safe?
Replies: 12
Views: 1481

TotalDirectBank offering 2.10% APY for online savings account - But are they safe?

TotalDirectBank is offering 2.10% APY for their online savings account. That seems to be the highest interest rate in the market right now. However, I have never heard of them before.

They claim to be FDIC insured. Has anyone used them before? Is it safe to put your money there?
by teelainen
Wed Jan 22, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: Why Ray Dalio & Bridgewater Associates only hold ETFs and no mutual funds?
Replies: 8
Views: 779

Why Ray Dalio & Bridgewater Associates only hold ETFs and no mutual funds?

Was just reviewing the 13-F SEC disclosures for Bridgewater Associates (Ray Dalio) and noticed that they only hold ETFs and no mutual funds.

Does anyone know why they decided to do this?
by teelainen
Wed Jan 22, 2020 11:02 am
Forum: Personal Investments
Topic: Getting $2 Million in Cash! What do I do with it?
Replies: 75
Views: 6573

Re: Getting $2 Million in Cash! What do I do with it?

Jmustang81 wrote:
Wed Jan 22, 2020 9:49 am
Based off the advice of my financial advisor it was recommended the new money be invested in bonds earning a 5-7% rate.
Would you be nice enough to share with us what type of bonds are yielding a 5-7% rate ?

Many thanks.
by teelainen
Sun Jan 19, 2020 1:06 am
Forum: Investing - Theory, News & General
Topic: What is considered a lot of money to have saved up?
Replies: 61
Views: 7522

Re: What is considered a lot of money to have saved up?

This of course is relative, and I cannot find opinions on this particular question anywhere. What is considered to be a lot of money to have saved up? Very curious on a possible consensus in what is relatively considered a lot of money saved up It depends. What is your age? How many children do you...
by teelainen
Sun Jan 19, 2020 12:09 am
Forum: Investing - Theory, News & General
Topic: Are you a closet market-timer?
Replies: 134
Views: 9781

Re: Are you a closet market-timer?

Are you a closet market-timer? I think many people are to some extent. If the market goes down 35%, doesn't it make sense to buy more stocks? (especially if you are in it for the long haul). If you knew that -35% was at or near the bottom -- yes. But it is never knowable. Let's say you bought in at...
by teelainen
Sat Jan 18, 2020 11:57 pm
Forum: Personal Investments
Topic: Should I withdraw my TRS? [Teacher Retirement System of Texas]
Replies: 21
Views: 1870

Re: Should I withdraw my TRS? [Teacher Retirement System of Texas]

So, I changed states, officially retired in Texas, withdrew a substantial lump sum from TRS, and began getting a monthly annuity from TRS. How were you able to withdraw your lump sum from TRS and still get your monthly annuity from TRS ? I thought that once you cash out, you are no longer eligible ...
by teelainen
Fri Jan 17, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Are you a closet market-timer?
Replies: 134
Views: 9781

Re: Are you a closet market-timer?

Financologist wrote:
Wed Jan 15, 2020 11:53 pm
Are you a closet market-timer?
I think many people are to some extent. If the market goes down 35%, doesn't it make sense to buy more stocks? (especially if you are in it for the long haul).
by teelainen
Tue Jan 14, 2020 1:10 am
Forum: Personal Investments
Topic: How to turn a Pile of Investment Assets into Income?
Replies: 16
Views: 2167

Re: How to turn a Pile of Investment Assets into Income?

One strategy that my father uses which has worked well for him is his EJ advisor has him invested in Muni Bonds and getting a nice 3-4% tax-free return per year is plenty to supplement his income and a similar return would work for me. What Muni Bonds are providing a 3-4% tax-free return per year? ...
by teelainen
Sat Jan 11, 2020 12:54 am
Forum: Investing - Theory, News & General
Topic: Net Worth ??
Replies: 129
Views: 12490

Re: Net Worth ??

When determining my net worth..... I include my 401K balance in the ASSETS. Do I include the tax liability for the 401k in the LIABILITIES? :?: When determining your net worth, do you include your anticipated future senior living/nursing home costs in the LIABILITIES? I'm just kidding, but I think ...
by teelainen
Fri Jan 10, 2020 4:42 pm
Forum: Personal Consumer Issues
Topic: How to Protect Your Most Important Asset
Replies: 45
Views: 6698

Re: Is Walmart's organic food just as "organic" as Whole Food's?

The term “organic” has a specific definition under federal law, so yes, to the extent that Wal Mart isn’t violating USDA regulations. If that's the case, Walmart's organic items might even be better than the organic items from smaller stores. Because a big company like Walmart doesn't want to get i...
by teelainen
Fri Jan 10, 2020 10:03 am
Forum: Personal Consumer Issues
Topic: How to Protect Your Most Important Asset
Replies: 45
Views: 6698

Re: Is Walmart's organic food just as "organic" as Whole Food's?

I generally try to buy organic when purchasing any of the "dirty dozen." Costco is carrying a lot more organic fresh fruits and vegetables these days. https://www.produceretailer.com/article/news-article/2019-dirty-dozen-and-clean-15-lists-released I have noticed lately that Walmart is starting to ...
by teelainen
Thu Jan 09, 2020 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20532

Re: Living in a HCOL and making a middle class salary is a struggle

KlangFool wrote:
Thu Jan 09, 2020 4:43 pm
The median household income of my neighborhood is 150K.
I heard some cities in the Bay Area have super high median household incomes.

I also heard that median household incomes in Seattle and DC are higher than NYC.
by teelainen
Thu Jan 09, 2020 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20532

Re: Living in a HCOL and making a middle class salary is a struggle

There are definitely people live in that area with a household income of 170K. It is just a question of whether OP wants to live that way. I know families who live in NYC (in the boroughs) that make $70k a year (household income) and they are able to raise kids and send them to college. It's not an...
by teelainen
Thu Jan 09, 2020 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20532

Re: Living in a HCOL and making a middle class salary is a struggle

wife and i live in a very expensive suburb of NYC (Westchester for those familiar). at 33-years old we make "decent" but not excellent salaries (her ~$100K and me ~$115K). all in we're at ~$230K gross. First of all, that is not middle class. Not in any city. If you are struggling with $230,000 a ye...
by teelainen
Wed Jan 08, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: Are we in a new bull market?
Replies: 20
Views: 2227

Re: Are we in a new bull market?

If we are consistent with labeling 91 as an end of cycle year then we should also consider 2019 to he the start of a new bull cycle. Yes, it could have been the start of another bull cycle. However, the ISM Manufacturing Survey has declined to about 47% right now. The last time it fell to this leve...
by teelainen
Wed Jan 08, 2020 12:45 pm
Forum: Personal Investments
Topic: School teacher with $600,000 asked for investment advice
Replies: 15
Views: 2172

Re: School teacher with $600,000 asked for investment advice

Why did you recommend vanguard and how is it better or worse? How did those index funds compare with her current portfolio? For example, if her 403b is with balackrock in similar index funds, how would this help her? Let's just say that the expenses in her 403(b) account are a lot higher than the 0...