YouBet said:
When you say diversified are you including some more conservative positions?
Not sure who you are asking, but if me:
Schwab guy has me in two separate Scharf Investment accounts (one for my old company's retirement account rollover when I left, the other in a taxable account. Mostly value investing).
The other money I have with him is in a Schwab Intelligent Portfolio, a separate Zack's account and another with Winslow Capital Growth. The last one has kicked butt this past couple of years.
The reason I want to put it into a separate Vanguard fund, other than what I related as above, are that:
I used to invest in Vanguard before I married and had a good experience with them.
My wife's family lost a sizable fortune when she was a kid, and as such she is always wanting to be super conservative with investments. They went from living in a house that they sold to Howard Hughes (Bob Toll of Toll Brothers Construction currently lives there) to bankruptcy. For her, the sky is always about to fall. Having some money in an account that she doesn't have access to benefits me in ways other than money.
The $150 K is mine, not ours, so I can do with it whatever I want. Again, there is value in having it in another account, rather than Schwab.
I want as pure of a stock play as possible with the money, I want to "set it and forget it", so all I really want is long term growth.