My financial advisor is having us move some things from American Funds to Polen Capital

Jan 25, 2020
1:00:31pm

TwinsRight Contributor

I don’t know that I can explain all the reasons, but the main thing I got from researching them is that they are extremely picky about the stocks they have in their portfolio and have performed really well since inception and recently.

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TwinsRight

Bio page: TwinsRight
Joined: Nov 21, 2015
Last login: May 6, 2024
Total posts: 7,045 (443 FO)

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Messages

Author

Time

Continue with Vanguard mutual funds or go back to American Funds?

byuguns55

1/25/20 12:50pm

What funds? Why was it bad advice?

Mr. Belding

1/25/20 12:53pm

I have their retirement target 2040 fund and Wellesley, and not bad advice

byuguns55

1/25/20 12:58pm

Then choose different funds at Vanguard.

Mr. Belding

1/25/20 1:10pm

That's good advice...which I've heard before...just needed to hear it again

byuguns55

1/25/20 1:11pm

It is hard to believe that with all of the options available at Vanguard that

Ozymandias

1/25/20 12:53pm

what would you recommend at Vanguard that is similar to AF's Growth Fund or

byuguns55

1/25/20 12:59pm

Take a look at VASGX. Is that similar to what you have with AF?

mottman

1/25/20 1:06pm

Seems like what I'm looking for...thanks!

byuguns55

1/25/20 1:10pm

Your asset allocation seems pretty different given your examples.

Blue Cat

1/25/20 1:26pm

<< Deleted >>

Abe Froman

1/25/20 12:56pm

Exactly. If you’re worried about what happened last year, you are worrying about the wrong thing.

Mr. Belding

1/25/20 12:57pm

just the last 2-3 years, but I get your point

byuguns55

1/25/20 12:59pm

20-30 years is what matters.

Mr. Belding

1/25/20 1:10pm

DFA funds, with tilts towards dimensions of higher expected returns, outperform index funds in the long term.

RdF3

1/25/20 1:23pm

That’s actually not a true statement.

BYU_Hoops

1/25/20 1:55pm

People act like it's impossible to pick stocks. It's done successfully every day

dYrtbYkerYder

1/25/20 2:03pm

Very very few can outperform index funds over the long haul.

Ozymandias

1/25/20 2:10pm

Yeah but not by the same person everyday. Especially over the long term. But please keep stock picking and trading.

Mr. Belding

1/25/20 2:15pm

<< Deleted >>

Abe Froman

1/25/20 3:10pm

<< Deleted >>

Abe Froman

1/25/20 3:04pm

My financial advisor is having us move some things from American Funds to Polen Capital

TwinsRight

1/25/20 1:00pm

He probably needs some turn over transaction fees.

kotacoug

1/25/20 2:06pm

Exactly. He’s a commissioned salesman, not a financial advisor.

Mr. Belding

1/25/20 2:15pm

Do you think the advice is bad? Or is it how he gets paid that you don’t like?

TwinsRight

1/25/20 5:14pm

It is the moral hazard that is created based on how he gets paid.

Ozymandias

1/25/20 5:21pm

I hate American Funds. My company uses them for our 401k, but I have all of my

dYrtbYkerYder

1/25/20 1:02pm

I'll see your CS and tell you to look into Vanguard

byuguns55

1/25/20 1:05pm

Didn’t this thread start with you asking if you should leave Vanguard?? LOL

KSwiss

1/25/20 10:22pm

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