Vanguard PAS

Have a question about your personal investments? No matter how simple or complex, you can ask it here.
Post Reply
Topic Author
HotRod140
Posts: 98
Joined: Tue Apr 15, 2008 12:24 pm

Vanguard PAS

Post by HotRod140 » Thu Mar 26, 2020 4:05 pm

I know alot of you guys and gals have different opinions on this service. I just want to sing their praises. When I started in this service a year and a half ago, I expressed my risk tolerance as very conservative. After several video calls , my advisor designed a all index portfolio which allowed me to sleep at night. Even with this portfolio I started to panic somewhat. My advisor spoke twice with me during the past two weeks to calm me down, showing me how we prepared for a down market. Even with my very conservative allocation, I believe, I would sold everything when the Dow went down in the 19000’s. I got to be honest with myself. The small fee they charge, is worth every penny for me. I had no problem getting in touch with him and he took his time. FYI, he told me of all his 175 clients, only one person, sold out and went to cash

retired@50
Posts: 1715
Joined: Tue Oct 01, 2019 2:36 pm

Re: Vanguard PAS

Post by retired@50 » Thu Mar 26, 2020 4:10 pm

The conversations, that helped calm you, are what good advisers are supposed to do. I'm glad that it worked in your case. Avoiding big mistakes can be worth much more than the associated fee in some cases. Best of luck.

Regards,
Boggle - a game from Parker Brothers. Bogle - investor, founder of Vanguard.

livesoft
Posts: 70303
Joined: Thu Mar 01, 2007 8:00 pm

Re: Vanguard PAS

Post by livesoft » Thu Mar 26, 2020 4:13 pm

HotRod140 wrote:
Thu Mar 26, 2020 4:05 pm
FYI, he told me of all his 175 clients, only one person, sold out and went to cash
Maybe only 2 of his clients called him. :)

My spouse has no clue what is going on in the stock markets and doesn't care to know.
Wiki This signature message sponsored by sscritic: Learn to fish.

retiredjg
Posts: 39953
Joined: Thu Jan 10, 2008 12:56 pm

Re: Vanguard PAS

Post by retiredjg » Thu Mar 26, 2020 4:22 pm

Glad to hear it is working for you. As it should be. :happy

Topic Author
HotRod140
Posts: 98
Joined: Tue Apr 15, 2008 12:24 pm

Re: Vanguard PAS

Post by HotRod140 » Thu Mar 26, 2020 4:27 pm

It did work, no doubt in my mind, I would have sold everything on Monday

User avatar
GerryL
Posts: 2687
Joined: Fri Sep 20, 2013 11:40 pm

Re: Vanguard PAS

Post by GerryL » Thu Mar 26, 2020 5:27 pm

During a Vanguard webinar a couple of years ago, a PAS CFP noted that often their primary service is handholding. Once they work with you to set up a plan that matches your needs and your risk tolerance, you don't need anyone to fiddle with your portfolio, but you may need someone to talk you down during a time of volatility.

Miriam2
Posts: 2811
Joined: Fri Nov 14, 2014 11:51 am

Re: Vanguard PAS

Post by Miriam2 » Thu Mar 26, 2020 5:37 pm

Recently posted by siamond on the Boston Bogleheads local chapter thread :D
siamond wrote: Image

Dominic
Posts: 257
Joined: Sat Jul 02, 2016 11:36 am

Re: Vanguard PAS

Post by Dominic » Thu Mar 26, 2020 5:47 pm

The biggest investment risk is behavioral risk. If paying a little for a decent advisor can defuse that risk, then it's absolutely worth it.

You can lose a whole lot more than 30 basis points with behavioral mistakes.

Topic Author
HotRod140
Posts: 98
Joined: Tue Apr 15, 2008 12:24 pm

Re: Vanguard PAS

Post by HotRod140 » Thu Mar 26, 2020 5:55 pm

I’ll tell you what, Dominic, I couldn’t have said it better. You summed it up, perfectly

Post Reply