USMCFDX

Autopilot has nothing to do with Vanguard. Autopilot is something you can sign up for, if there are openings, and pay a fee to have the folks who publish the Airways Advisor do trades for you.

MD11Fr8Dog

Not a Vanguard feature. Its run by the folks at Airways Advisor.

frozenboxhauler

Hello hyperone,
It's not through Vanguard but through Rhoads Lucca Capital Mgmt. They do a publication (Airways Advisor) and have an "auto-pilot" program to manage your funds. There are openings now for the "a-p" plan, I just read that yesterday. They charge a % / 100k amounts. I got it just for the reason that you are stuck with now. I think I lost about 1/3 of the funds on/after 911 before I could do anything about it. Here's the info and sing a song at the "Trailer" for me!
Rhoads Lucca Capital Management
888-985-1212
214-373-9771
www.rhoadslucca.com
fbh

Jetjok

The problem that we have, using stock funds, instead of individual stocks is that you can't just bail on them at the first sign of trouble. If they (Rhoads Lucca Capital Management) had bailed you anytime during the day, it wouldn't have taken effect until after the market closed, and it would have been at the market end numbers. Then, if (like what happened today) the market came back in the next few days, you're SOOL, because of the wait periods associated with the different funds. A true catch 22 for us.

His email today, backed by a few other notable investment gurus, said to just hang tough, as they expect the market to continue upwards. I sure hope they're right. My portfolio dove about 20K yesterday.

hyperone

Thanks for the info gents. I guess I oughta just sit back and order another tall "super dry".

frozenboxhauler

Ahh, must be in Japan!,....keywohsketai tomo datchi! Have one for me.
jaymata,
fbh

FreightDawgyDog

I looked into the Autopilot program and found the fees to be pretty high. Had some financial gurus that work in the industry tell me unless they could promise a 12% or greater return for those charges they did not believe it was worth it. The info they sent didn't give any stats about previous performance that I saw so I chose not to go that route. Anyone who uses it want to chime in about their returns?

USMCFDX

You can avoid the catch 22 by by following the models and using both accounts at the same time. 2 funds in A plan, 2 funds in B plan. Jump out one day and right back in the next day (if you really wanted to), switching funds in the accounts. This way you would be able to avoid the time limits.

Busdrivr

Most recent newsletter convinced me... and Greenspan keeps babbling on, so I got out today. Only lost 39K from the high point.

Jetjok

I guess I'm just slowing down in my old age, but I can't follow what you're saying here. If you follow the recommendations for the models associated with Airways Advisor, except for the conservative portfolio (which has only 2 funds), both of the other portfolios use 5 funds. Following the recommendations of the advisor, to me, means that if I'm in the moderate or aggressive plan, I have all my monies invested, by percentage, in the funds recommended in that model. So how do you avoid the lockout by jumping out of a fund and then back into it the next day?

If you leave a fund, regardless of where you put that money, you're not allowed to reinvest in that fund, unless it's a money market fund. Both the aggressive and moderate plans invest in: Total Bond Market Index; 500 index; Primecap; Wellington; and International Value. If you opt out of any of these funds, you have a lock for at least 60 days. You can, however, still buy into other Vanguard funds offered, but that wouldn't be in keeping with the Airways Advisor's recommendations. At least that's how I understand it. Anyone have another interpretation.