Personal Investments • Vanguard PAS AUM - should I quit?

Thanks, Nowizard, for your comments!

If reading your post accurately, your assets are in the 8M+ range. That strongly suggests that you have done a wonderful job of investing which involves an accumulation perspective. For the small amount you are paying, another benefit that is unseen at the moment is the minor experience of what may be a substantial issue as you later change from accumulation to preservation phases of investing. I have never seen a thread directly focused on this topic, but assume it affects more than this one person on the forum making the shift effectively.

Your assessment re: net assets is pretty accurate. I am not sure it is primarily my doing - even though I did start from essentially a zero asset state, I have been fortunate enough to working in a booming tech sector with a stable employer whose stock grants have managed to do quite well - I have been quite aggressive in diversifying away from these into the broader market, which in retrospect may not have been the best course, given how well this stock has done, but this is 20-20 hindsight!

To me, I don't see a radical difference between the accumulation and "preservation/use" phase for me. Even as it stands, I have used our NQDC (deferred comp) plans to reduce my pay to zero, which means that I have to "live off" vested grants or dividends/income from the after-tax brokerage (PAS) account - effectively mimicking a post-income phase, at least modulo vesting RSUs...

Statistics: Posted by nyseeker — Sun Aug 04, 2024 2:13 pm — Replies 63 — Views 6311

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