[manaboutown]

Originally Posted by Pairadocs

Still have a fair amount of asserts at Vanguard, but lately, say last 8-10 years have not been as enthusiastic about them as I once was. Now have more with Fidelity, and thinking of diversifying to one more (I mentioned thinking of Schwab in a previous post) as a third. All my life when the major indexes fell in any significant manner, and most all of my friends are taking their money out of the market as fast as they could before it went even lower, that's when I have always done my serious buying ! It's worked well for me, that's all I can say, but I don't urge friends to do the same. To me when things really tank, that's my opportunity to do some serious buying compared to the dollar cost averaging in I'd normally do. To me a really BIG fire sale (crash as some call it) is an opportunity; I just jump in fast and buy as much as I can possibly afford. It's not the norm for most people, but it's worked very well for me. I don't "day trade", but again, I know many, including our own adult children, believe that is the way to build generational wealth, we all have our methods of investing is all I can say.

Yes, Vanguard has changed over the last several years and not for the better IMHO.

Last I read Schwab's unrealized bond losses now amount to $19.4B.

In my old home city where I still keep my Schwab account the company recently moved its office from a very high end building in the middle of the financial district to a budget building at its edge. This happened after Schwab absorbed TD Ameritrade but still...