Search found 390 matches

by nanameg
Mon Jun 29, 2020 6:51 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

OP, you sound like a nice person, but you are way over-thinking this and suffering "paralysis by analysis." It honestly is not that difficult. There is no such thing as a perfect portfolio. The Vanguard advisor has laid out a perfectly good course for you. Stick with it for at least a year until yo...
by nanameg
Mon Jun 29, 2020 6:35 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 123
Views: 9480

Re: Vanguard vs. Fidelity

nanameg - Please don't get misdirected by the information in this thread. While it's helpful and accurate for the OP, you may get overloaded if you try and mix Fidelity into your own situation. You're doing fine with Vanguard, so try and focus on the help provided in your thread: PAS advisor portfo...
by nanameg
Mon Jun 29, 2020 6:25 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisors Services
Replies: 78
Views: 5179

Re: Vanguard Personal Advisors Services

After my parents divorced I directed my mother to VPAS about 4 years ago. She was previously with an advisor who charged her 1% AUM, loaded funds, and bought a variable annuity with her entire IRA. This person was a long time family friend. She of course had no idea about any of this and was happy ...
by nanameg
Mon Jun 29, 2020 6:18 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 123
Views: 9480

Re: Vanguard vs. Fidelity

Chrono Triggered wrote:
Mon Jun 29, 2020 4:58 pm
I have accounts at both. Each have their pros, but I prefer Fidelity overall. 2% cash back credit card, checking account that can be invested in a money market fund, the best HSA out there, and fractional ETF share purchases is an impressive combination.
Great to know! Thanks
by nanameg
Mon Jun 29, 2020 11:45 am
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

DIDNT have enough knowledge. Just picked a retirement fund to follow based on our retirement timeline and a portfolio review from vanguard. I didn’t really understand any of it and the risk it entailed.
by nanameg
Mon Jun 29, 2020 11:42 am
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

As I’ve said I was following a target fund without knowing what that really meant. I mean i had never thought thru the formula...I just followed it and couldn’t hold on when pressure came because I didn’t understand it. I couldn’t “ stay the course” because it’s wasn’t mine. I was following a recipe...
by nanameg
Mon Jun 29, 2020 11:37 am
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

nanameg, if I had to guess your problem, I would say it's a behavioral problem called regret. Daniel Kahneman has written about behavioral problems in his book "Thinking, Fast and Slow." In this article regret is touched on just enough to give you an idea of what it's about. https://www.fool.com/in...
by nanameg
Mon Jun 29, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

During the six months beginning the day of DW's stroke she was hospitalized four times for periods of a week or more, taken to hospital emergency rooms twice but not admitted, and used up 98 of the 100 day maximum Medicare skilled nursing allocation. I don't have the figures handy, but as I recall ...
by nanameg
Mon Jun 29, 2020 9:31 am
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

Also u don’t pay the deductible first and then Medicare kicks in from what I understand...Medicare continues to pay 80% and you pay 20% until u hit the deductible. I think you’re billed from Medicare..the drs bills don’t come directly to you. The deductibles are billed directly to you from the medi...
by nanameg
Mon Jun 29, 2020 6:34 am
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

nanameg, if I had to guess your problem, I would say it's a behavioral problem called regret. Daniel Kahneman has written about behavioral problems in his book "Thinking, Fast and Slow." In this article regret is touched on just enough to give you an idea of what it's about. https://www.fool.com/in...
by nanameg
Mon Jun 29, 2020 6:12 am
Forum: Personal Investments
Topic: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed
Replies: 107
Views: 11024

Re: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed

Where did the 60/40 portfolio come from in the first place? What’s the history behind that particular allocation? Why is it codified the way it is? This requires use of the wayback machine. The origin of 60/40 is a 2002 Peter Bernstein article in Bloomberg Personal Finance, Bernstein, pdf . I also ...
by nanameg
Mon Jun 29, 2020 6:08 am
Forum: Personal Investments
Topic: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed
Replies: 107
Views: 11024

Re: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed

Where did the 60/40 portfolio come from in the first place? What’s the history behind that particular allocation? Why is it codified the way it is? This requires use of the wayback machine. The origin of 60/40 is a 2002 Peter Bernstein article in Bloomberg Personal Finance, Bernstein, pdf . Interes...
by nanameg
Mon Jun 29, 2020 5:58 am
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

You may want to consider future use of this plan. If you start to get serious medical expenses and want to change plans to avoid the high deductible.............typically you are allowed to move to lesser plans but not higher plans so possibly moving to G might be difficult. Check the details for y...
by nanameg
Sun Jun 28, 2020 5:19 pm
Forum: Personal Investments
Topic: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed
Replies: 107
Views: 11024

Re: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed

Where did the 60/40 portfolio come from in the first place? What’s the history behind that particular allocation? Why is it codified the way it is?
by nanameg
Sun Jun 28, 2020 3:45 pm
Forum: Personal Investments
Topic: ETF Novice
Replies: 42
Views: 2274

Re: ETF Novice

Its another layer of complexity for me and if my understanding that clients of PAS will be required to use them it will most likely be a deal breaker. I’m already uncertain about PAS as it is. ire-r I don't think it is a complexity. It is an unfamiliarity. Driving a car is very very complex. I'm no...
by nanameg
Sun Jun 28, 2020 3:44 pm
Forum: Personal Investments
Topic: ETF Novice
Replies: 42
Views: 2274

Re: ETF Novice

I’m way out of my league here and wouldn’t even pay attention to ETF’s if I wasn’t being “ forced “ to by PAS. I’ll have to clarify again with him in a few weeks but I’m fairly confident he told me clients of PAS are going to be required to use ETF’s. He described it as being cheaper and that’s why...
by nanameg
Sun Jun 28, 2020 3:43 pm
Forum: Personal Investments
Topic: ETF Novice
Replies: 42
Views: 2274

Re: ETF Novice

Its another layer of complexity for me and if my understanding that clients of PAS will be required to use them it will most likely be a deal breaker. I’m already uncertain about PAS as it is. I don't think it is a complexity. It is an unfamiliarity. Driving a car is very very complex. I'm not sure...
by nanameg
Sun Jun 28, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

A high-deductible Plan G is certainly an excellent, cost-effective Medigap, which retains provider flexibility without the Advantage plan oversight and networks. Consider it a catastrophic insurance plan that kicks in when you really need it. Otherwise, just pay your occasional 20% and save big on ...
by nanameg
Sun Jun 28, 2020 12:35 pm
Forum: Personal Investments
Topic: ETF Novice
Replies: 42
Views: 2274

Re: ETF Novice

Its another layer of complexity for me and if my understanding that clients of PAS will be required to use them it will most likely be a deal breaker. I’m already uncertain about PAS as it is. I don't think it is a complexity. It is an unfamiliarity. Driving a car is very very complex. I'm not sure...
by nanameg
Sun Jun 28, 2020 8:35 am
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

Yes, you are correct. The Medigap has a deductible that you have to meet before they will pay the 20%. If you take a high deductible, you can see if the doctor will accept medicare payment as a full payment for an office visit. You'll likely to meet the deductible if you go often to the doctor &/or...
by nanameg
Sun Jun 28, 2020 5:05 am
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

This is a good pamphlet on how to choose the best Medigap policy: https://www.medicare.gov/Pubs/pdf/02110-medicare-medigap-guide.pdf Here's the CT website for Medigap or supplemental Insurance: https://portal.ct.gov/CID/Life-And-Health/Medicare-Advantage Here are the Companies Approved Medicare Sup...
by nanameg
Sun Jun 28, 2020 4:25 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Vanguard Leaning More On ETFs
Replies: 39
Views: 3816

Re: Allan Roth: Vanguard Leaning More On ETFs

Cheez-It Guy wrote:
Sun Jun 28, 2020 4:09 am
For an individual investor with a moderate account value, the difference is negligible. For Vanguard across their entire portfolio of managed assets, it's significant in total dollar terms.

0.01% of $6.2 trillion is $620 million.
Got it. Thanks.
by nanameg
Sun Jun 28, 2020 4:24 am
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

This is a good pamphlet on how to choose the best Medigap policy: https://www.medicare.gov/Pubs/pdf/02110-medicare-medigap-guide.pdf Here's the CT website for Medigap or supplemental Insurance: https://portal.ct.gov/CID/Life-And-Health/Medicare-Advantage Here are the Companies Approved Medicare Sup...
by nanameg
Sun Jun 28, 2020 4:22 am
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

1: Did any part of your planning cover taxes? A 7-figure portfolio in all tax-deferred money is going to have major hurdles from the sun-setting of the trump tax-cuts in 2026 as well as from the new provisions of the SECURE Act for your estate. The SECURE Act alone would cause a non-exempt benefici...
by nanameg
Sat Jun 27, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: Vanguard Leaning More On ETFs
Replies: 39
Views: 3816

Re: Allan Roth: Vanguard Leaning More On ETFs

Can u give me a ballpark? Like less significant that the change from investor to admiral shares at Vanguard? Because that is the analogy I was given...
by nanameg
Sat Jun 27, 2020 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

The hi deductible for G possibly may be higher than your hi deductible for your HSA plan tho. Appears to be $2340 vs $1350 for HSA high deductible (latter is 2019 and may be higher now). You are referring to the minimum HDHP deductible allowed (2020 = $1400). The 2020 maximum HDHP out-of-pocket lim...
by nanameg
Sat Jun 27, 2020 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

I’m about ready to go ahead with high deductible plan G. It’s less than 1/2 the price of plan G and we’ve been on high deductible plans as a requirement for our HSA for years without any problems. Even though I developed breast cancer in the interim it all went smoothly. I don’t have a fear about h...
by nanameg
Sat Jun 27, 2020 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

I’m about ready to go ahead with high deductible plan G. It’s less than 1/2 the price of plan G and we’ve been on high deductible plans as a requirement for our HSA for years without any problems. Even though I developed breast cancer in the interim it all went smoothly. I don’t have a fear about h...
by nanameg
Sat Jun 27, 2020 10:09 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

Yes, I saw that too.

Better to be safe than sorry again you’re suggesting..lower the stock allocation.

It strikes me though that the advisor suggested 45/55 and I don’t think that’s significantly different from 50/50.
by nanameg
Sat Jun 27, 2020 10:05 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: Vanguard Leaning More On ETFs
Replies: 39
Views: 3816

Re: Allan Roth: Vanguard Leaning More On ETFs

... Hypothetically, if there was a large push to do away with mutual funds and go to ETFs, would you expect brokerages to create an ETF class that the mutual funds could be converted to, or would they more likely force liquidation of the mutual funds? I'm not nisiprius but hypothetically speaking i...
by nanameg
Sat Jun 27, 2020 9:24 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I may be a backseat driver. But this is my dilemma. I got a PAS portfolio in 2015 and 2018 and just followed that rather than sign up for the service. I panicked. Why did I panic? Because I was following a FORMULA I didn’t understand. I’m trying to UNDERSTAND and agree rather than have someone driv...
by nanameg
Sat Jun 27, 2020 9:05 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I may be a backseat driver. But this is my dilemma. I got a PAS portfolio in 2015 and 2018 and just followed that rather than sign up for the service. I panicked. Why did I panic? Because I was following a FORMULA I didn’t understand. I’m trying to UNDERSTAND and agree rather than have someone driv...
by nanameg
Sat Jun 27, 2020 8:59 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

The things I learn here always amaze me. :happy Ditto nanameg, you seem very ungrounded and are having trouble making rather straight-forward decisions. To that I'll bring up 3 points. 1. The stock market is risky--always risky, which includes times when it's obvious and times when it appears that ...
by nanameg
Sat Jun 27, 2020 8:56 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I’m not sure why you think I’m not interested and don’t want to make the effort. I’ve been reading and posting and talking to PAS..I’m very much interested and I want to get it right as I can. I’ll keep at it and in the meantime I’m in a decent portfolio with PAS until I feel more confident. Just g...
by nanameg
Sat Jun 27, 2020 8:55 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I don’t want to pay someone to set up something for me and pretend they’re doing something afterward when they’re really not. Rebalancing once a quarter? 3 k for that ? No. I’d rather pay much less for a fund of funds and get that. As far as an IPS it’s something I can’t seem to do. It’s too comple...
by nanameg
Sat Jun 27, 2020 8:04 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I may be a backseat driver. But this is my dilemma. I got a PAS portfolio in 2015 and 2018 and just followed that rather than sign up for the service. I panicked. Why did I panic? Because I was following a FORMULA I didn’t understand. I’m trying to UNDERSTAND and agree rather than have someone driv...
by nanameg
Sat Jun 27, 2020 7:09 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

The things I learn here always amaze me. :happy Ditto nanameg, you seem very ungrounded and are having trouble making rather straight-forward decisions. To that I'll bring up 3 points. 1. The stock market is risky--always risky, which includes times when it's obvious and times when it appears that ...
by nanameg
Sat Jun 27, 2020 6:44 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I may be a backseat driver. But this is my dilemma. I got a PAS portfolio in 2015 and 2018 and just followed that rather than sign up for the service. I panicked. Why did I panic? Because I was following a FORMULA I didn’t understand. I’m trying to UNDERSTAND and agree rather than have someone driv...
by nanameg
Sat Jun 27, 2020 6:37 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

Are there any Vanguard Target Retirement ETFs? I thought they were only available as mutual funds, though I could be wrong. So, if there are not Vanguard Target Retirement ETFs available for PAS, they couldn't recommend them, as the PAS service uses ETFs. OP, you have had a couple of years to famil...
by nanameg
Sat Jun 27, 2020 6:22 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

retiredjg wrote:
Sat Jun 27, 2020 4:43 pm
The things I learn here always amaze me. :happy
Ditto
by nanameg
Sat Jun 27, 2020 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible Plan G medigap
Replies: 74
Views: 3700

Re: High deductible Plan G medigap

I’m about ready to go ahead with high deductible plan G. It’s less than 1/2 the price of plan G and we’ve been on high deductible plans as a requirement for our HSA for years without any problems. Even though I developed breast cancer in the interim it all went smoothly. I don’t have a fear about hi...
by nanameg
Sat Jun 27, 2020 3:30 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 68
Views: 7953

Re: Target Date Funds doing it backwards?

Horton wrote:
Sat Jun 27, 2020 3:04 pm
nanameg wrote:
Sat Jun 27, 2020 2:50 pm
I agree but is that a dream? Finding a good few only planner isn’t easy either. I’ve looked. And most do try to sell you a “ package”.
Harry Sit (forum user “tfb”) has a service where he will help you find an “advice only” planner:

https://adviceonlyfinancial.com
Great. Thank you.
by nanameg
Sat Jun 27, 2020 3:27 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I may be a backseat driver. But this is my dilemma. I got a PAS portfolio in 2015 and 2018 and just followed that rather than sign up for the service. I panicked. Why did I panic? Because I was following a FORMULA I didn’t understand. I’m trying to UNDERSTAND and agree rather than have someone drive...
by nanameg
Sat Jun 27, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 68
Views: 7953

Re: Target Date Funds doing it backwards?

I agree but is that a dream? Finding a good few only planner isn’t easy either. I’ve looked. And most do try to sell you a “ package”.
by nanameg
Sat Jun 27, 2020 2:45 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

Investing is a family affair. I need to take in the whole picture not just me.
by nanameg
Sat Jun 27, 2020 2:41 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I first filled out a questionnaire and got the PAS sell in 2015. It seemed a lot for a little then. I still feel that way. I’m trying to stop behavioral errors the cheapest way possible and also set up my husband for any contingencies in the future since he won’t even talk to the PAS advisor unless ...
by nanameg
Sat Jun 27, 2020 2:38 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8617

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

Makes sense. Just wondering about recommended reading on markets and how they’re affected by politics ... They're not. Really, that is all you need to know. It isn't worth getting into the weeds on this topic to have success in investing. I actually think that if you read something it will negative...
by nanameg
Sat Jun 27, 2020 2:30 pm
Forum: Personal Investments
Topic: ETF Novice
Replies: 42
Views: 2274

Re: ETF Novice

I’m way out of my league here and wouldn’t even pay attention to ETF’s if I wasn’t being “ forced “ to by PAS. I’ll have to clarify again with him in a few weeks but I’m fairly confident he told me clients of PAS are going to be required to use ETF’s. He described it as being cheaper and that’s why ...