AUTHOR: Mark Wyncoll on 5/8/2025 FIRST: Rick Connor on 5/8 | RECENT: Rick Connor on 5/9
Comments
I try and remember that happiness is the byproduct and not the goal. Swedenborg , the theologian and scientist from the 18 th century wrote, “…happiness is from use, of use and according to use.” I think that sums it up: our use to ourselves, our fellow man, and to greater society brings satisfaction and joy. And it’s what makes the world go around. I’ve appreciated how Jonathan has a focus on work and usefulness throughout his writing career. It feels right.
It’s a relief to be here for the insights and well meaning dialogue. We can get our politics and blood sports other places!
thank you for the efforts to keep us on track Jonathan.
I see little need for an advisor here unless you have far more complexity than listed. You could use Vanguard Personal Advisor Services ( or related service at any major company) and ask for a basic 6040 portfolio, as I imagine you want to draw some cash each year to support current operations. It would cost far less and the advisor could call in to your meetings to give an overview of market and returns to your committee. Most non profit endowments use a total return policy and draw a fixed percentage each year for their work. Your advisor would simply rebalance and help with a system for payouts and investing new gifts. Congrats on starting an endowment for your non profit too!
Jonathan et al, my thanks for the wonderful depth and breadth here. My financial education has been deeply influenced by Mr Clements, whose WSJ and Humble Dollar articles have been useful and key. I look forward to reading and sharing content from this site and all the writers here with my children and grandchildren for many years. And Jonathan, thank you for being a man focused on being useful. It’s the hallmark of greatness.
That was some fun writing and a great insight into your experience. What a time warp. There are so few banks to go in to now…and one can see why! Thanks for this article.
inspiring article sir...I appreciate this so much! Best of Humble Dollar here folks! You have so much to still give to the world and your charitable giving goal will be fun to fulfil in your next chapter. Thanks for sharing this.
I too have 59 1/2 on my calendar, but for inservice Ira rollover process to start. Perhaps you can talk about that, pros and cons?
I’m thinking it will get some ( bulk) of my 403b into an IRA and allow for more options, and charitable giving options when we’re at RMD phase. In the meantime lower costs and consolidation seems helpful for planning.
Comments
I try and remember that happiness is the byproduct and not the goal. Swedenborg , the theologian and scientist from the 18 th century wrote, “…happiness is from use, of use and according to use.” I think that sums it up: our use to ourselves, our fellow man, and to greater society brings satisfaction and joy. And it’s what makes the world go around. I’ve appreciated how Jonathan has a focus on work and usefulness throughout his writing career. It feels right.
Post: Let’s Get Happy
Link to comment from June 20, 2025
https://www.google.com/url?q=https://401kspecialistmag.com/vanguard-raymond-james-top-new-j-d-power-rankings-for-investor-satisfaction/&sa=U&ved=2ahUKEwjO9v2a9P-MAxVKw_ACHa0gMnIQFnoECC4QAQ&usg=AOvVaw0l50cjdCpm-eFgJBu-vd9W you may have seen this recent good news on this front.
Post: Bogle has saved us a Trillion Dollars through Vanguard’s 50th Anniversary
Link to comment from April 30, 2025
It’s a relief to be here for the insights and well meaning dialogue. We can get our politics and blood sports other places! thank you for the efforts to keep us on track Jonathan.
Post: Let’s Be Adults
Link to comment from April 23, 2025
RQ, Are you willing to share what car you own? ( I may have missed it in the thread) She sounds like a beauty!
Post: Car talk- Quinn likes friendliness
Link to comment from April 17, 2025
I see little need for an advisor here unless you have far more complexity than listed. You could use Vanguard Personal Advisor Services ( or related service at any major company) and ask for a basic 6040 portfolio, as I imagine you want to draw some cash each year to support current operations. It would cost far less and the advisor could call in to your meetings to give an overview of market and returns to your committee. Most non profit endowments use a total return policy and draw a fixed percentage each year for their work. Your advisor would simply rebalance and help with a system for payouts and investing new gifts. Congrats on starting an endowment for your non profit too!
Post: Benchmarks for our non-profit portfolio
Link to comment from January 26, 2025
Jonathan et al, my thanks for the wonderful depth and breadth here. My financial education has been deeply influenced by Mr Clements, whose WSJ and Humble Dollar articles have been useful and key. I look forward to reading and sharing content from this site and all the writers here with my children and grandchildren for many years. And Jonathan, thank you for being a man focused on being useful. It’s the hallmark of greatness.
Post: Our Report Card by Jonathan Clements
Link to comment from January 3, 2025
That was some fun writing and a great insight into your experience. What a time warp. There are so few banks to go in to now…and one can see why! Thanks for this article.
Post: Making Me Earn It
Link to comment from November 13, 2024
inspiring article sir...I appreciate this so much! Best of Humble Dollar here folks! You have so much to still give to the world and your charitable giving goal will be fun to fulfil in your next chapter. Thanks for sharing this.
Post: Come a Long Way
Link to comment from July 12, 2023
Marjorie, I loved reading this article. What a great read! Amazing life and amazing attitude. Thank you for sharing it all with us.
Post: An American Story
Link to comment from January 25, 2023
I too have 59 1/2 on my calendar, but for inservice Ira rollover process to start. Perhaps you can talk about that, pros and cons? I’m thinking it will get some ( bulk) of my 403b into an IRA and allow for more options, and charitable giving options when we’re at RMD phase. In the meantime lower costs and consolidation seems helpful for planning.
Post: Self-Inflicted
Link to comment from June 29, 2022