Author Topic: Going with Vanguard, no more Betterment  (Read 50830 times)

cafebueno

  • 5 O'Clock Shadow
  • *
  • Posts: 19
Re: Going with Vanguard, no more Betterment
« Reply #50 on: October 12, 2016, 05:08:44 AM »

What was the 2008 crash like in real time?
Judge Your Risk Tolerance and Choose an Asset Allocation
Scary Story 1
Scary Story 2


Wow, thanks for these insightful links!  I stayed the course through the 2008 recession, but I realize now that one factor was that having kept a job through those times made me not worry about the lost value in my investments, but perhaps that formula could change very easily if that had not been the case. 

thecrazydoglady

  • 5 O'Clock Shadow
  • *
  • Posts: 26
Re: Going with Vanguard, no more Betterment
« Reply #51 on: October 12, 2016, 11:25:46 AM »
I just sent my transfer paperwork today to switch from Betterment to Vanguard. It got me thinking... it takes about 3 to 4 weeks to process. If my transfer is done right around election time what will be the impact? Is the transfer amount taken when the paperwork is received and the purchase isn't done until 3 or 4 weeks later?  Or is it all done on the same day so it wouldn't have much of an impact?


DrF

  • Bristles
  • ***
  • Posts: 464
Re: Going with Vanguard, no more Betterment
« Reply #52 on: October 12, 2016, 11:54:14 AM »
Depends if they have to liquidate your funds, or if they can do an "in-kind" transfer. If you keep all your funds during the transfer, then the basis stays the same. Your account would go up or down through the entire transfer and would be updated with the current price once it hits Vanguard. You could time it by selling all your funds at Betterment, select to transfer cash only, then buy funds when everything gets to Vanguard. But that's just market timing.

thecrazydoglady

  • 5 O'Clock Shadow
  • *
  • Posts: 26
Re: Going with Vanguard, no more Betterment
« Reply #53 on: October 12, 2016, 01:06:45 PM »
Depends if they have to liquidate your funds, or if they can do an "in-kind" transfer. If you keep all your funds during the transfer, then the basis stays the same. Your account would go up or down through the entire transfer and would be updated with the current price once it hits Vanguard. You could time it by selling all your funds at Betterment, select to transfer cash only, then buy funds when everything gets to Vanguard. But that's just market timing.

I'll have to look into it but i'm hoping it is just an in-kind transfer. I am certainly not trying to time the market and just hoping I didn't choose a risky time to send through my transfer.