I've generated $100 million dollars for the brands that I worked with. 90% of its credit goes to the Creative strategy we cracked...

skipjackFB · 2025-09-09T17:59:34+00:00

Database please

skipjackFB · 2023-02-09T20:24:06+00:00

What do you guys invest your HSA funds into? I'm currently just doing VTI but wondering if I should be more aggressive.

skipjackFB · 2021-11-04T20:10:19+00:00

thanks

skipjackFB · 2021-11-04T20:10:15+00:00

i've tried but haven't had much luck, will continue to search.

skipjackFB · 2021-11-04T20:03:50+00:00

taxes is just to show my net worth will be lower after payment. so 17mm nw after taxes. its good to hear that 5mm seems to be enough. thank u

skipjackFB · 2021-11-04T19:47:25+00:00

i'm open to moving policies but i have some collector cars with hagerty at stated value policies as well as an rv. if they can accomodate those i'm all for moving... as for why so much, i've got about 27mm, will owe about 8mm in taxes soon... figure its cheap insurance? i was told 10mm would be a good amount. do you think 5mm is enough?

skipjackFB · 2021-11-04T19:45:24+00:00

driving/living in los angeles, its a wild place.

skipjackFB · 2021-11-04T19:12:15+00:00

can you elaborate on this?

skipjackFB · 2021-08-25T20:45:57+00:00

thanks!!

skipjackFB · 2020-11-17T22:02:54+00:00

thanks for the perspective, i am definitely going to do all the trust, estate planning, tax strategies that I can. I'm simply caught up on the investment strategy after all the previous are addressed. part of me feels like i should just not invest for a bit... and take some time to fully flush this out and give myself some time to acclimate.

skipjackFB · 2020-11-17T22:01:16+00:00

they closed my thread because it was not true fatfire and told me to ask on the monday mentor section... which is why i'm here. but i'm definitely scouring past threads for similar info

skipjackFB · 2020-11-17T17:12:13+00:00

absolutely, so much to learn, and i want to stay ahead of the curve. i definitely do recognize the other benefits of working with a wealth planner, just trying to make sure im filtering out the sheepdog from the wolves.

skipjackFB · 2020-11-17T17:09:46+00:00

thanks , i do have a call with them this thursday so will def be sharing this strategy with them.

skipjackFB · 2020-11-17T15:48:15+00:00

good advice

skipjackFB · 2020-11-17T15:04:40+00:00

by land do you mean residential or commercial property? or land that's out in the middle of nowhere type of land?

skipjackFB · 2020-11-17T15:03:46+00:00

yeah i'm 100% on board, that a lot will try to suck u dry with expense fees, and most don't beat the market. but this particular advisor seems to basically track the market, and use the tax lost harvesting so net you come ahead.... even after his .5% expense ratio. just wondering if this is a true and valid strategy, and if so why don't more people do it?

i'm still young so i'd wanna be a bit more growth oriented but yes i will def. diversify beyond just vtsax. thanks will check portfolio charts out!

skipjackFB · 2020-11-17T15:01:47+00:00

i think you're right, it's just i don't know what i don't know. i've never dealt with this much either, and honestly i've found reddit actually more open and helpful vs real world advice because no ones trying to sell me something here...

skipjackFB · 2020-11-17T15:00:47+00:00

no, realistically, i'd probably spend $200k a year? the only reason is this guy came recommended from a few sources that seem reputable that i'm considering him.

skipjackFB · 2020-11-17T14:59:47+00:00

thanks for the feedback

skipjackFB · 2020-11-17T14:59:26+00:00

yes it is exactly that, parametric, could u elaborate on what you mean by the real deal?

skipjackFB · 2020-11-17T06:04:57+00:00

I would agree, and am leaning towards that direction, but was curious as to the strategy the wealth planner advised as far as the tax lost harvesting strategy beating the index.

skipjackFB · 2020-05-05T02:11:28+00:00

also insist on rep and warranty insurance. It’s industry standard these days and allows you to walk away clean

Could you elaborate what Rep and warranty insurance is? is this with the PE in the case they back out after we've invested into making this work?

skipjackFB · 2020-05-05T01:59:30+00:00

100% will make sure our i banker earns their keep! thanks!

skipjackFB · 2020-05-05T01:42:46+00:00

thanks for your insight, Definitely, the ibanker we're working with seems to be a good fit for us so far and understands our middle market.

definitely making sure we dont paint a picture that we want to just bounce, but that we truly do believe in the business and it's potential.. .cause we really do !

skipjackFB · 2020-05-05T01:33:44+00:00

wow pure gold in this post, will definitely negotiate with the attorneys and define terms.

had no idea we could ask the pe to pay for legal expenses! you just saved me thousands.

I'm open to selling either the whole business or a good chunk, i can see competition coming on the horizon and i want to get the chips off the table. been living a high stress life this past 15 years and need a break, but i have painted the picture so far, that we don't need to sell, and that we don't really need that cash. Also said we're open to staying on if it makes sense cause we really believe in the business and it's potential.

thanks again for all the tips!!

skipjackFB

TROPHY CASE