![]() I am in aįortunate situation where my parents are on the verge of retiring and I have Target needed to purchase 20 business units of the business. I need to figure out how I am going to come up with $20,000 to hit the $212,000 Perspective after these accounts are liquidated. Now let’s look at where we currently stand from a total cash This money, I will take $10,000 to invest. $2,100 coming through in a few days which will take me to roughly $13,700. I have one reimbursement check for my last travel trip for Of it knowing that I would be going through this liquidation process to invest Since I received my bonus check, I decided to only invest a little bit ![]() Time to liquidate! E-Trade account current state as of 3/24/19 The Walmart and Amazon stock were items I purchased once I had control of the account. Ha, wish I would have known what I know now and told them I would take control of everything because the advisor was picking random stuff that I would have not agreed to. This account was something my parents opened for me when I was in High School and they had a financial advisor determine what I to invest in. Creating a Wire Transfer to liquidate the account.Īccount 3: E-Trade Taxable Account ($6,901 as of ![]() Current holdings in my Vested stock account with Merrill Lynch. Below are some snapshots of going through the process of selling these shares on Merrill Lynch. With the latest vest I received on 3/21/19, I now have 91 shares I can sell. Get any of the stock until next year at which I will have vested $13,125 of the To this account is the grants vest over the course of 4 years, 25% each year.įor example, this last year I will be granted $52,500 in stock however, I won’t My total compensation at work is broken into three This is a unique account that I have access to based off how I amĬompensated at work. This will allow the selloff to be much easier than having to wait a few more days for everything to go through. To make things a little simpler once the dividends come through, I have updated my distribution options to keep the money in my Settlement Fund versus re-investing. Current state of Vanguard Taxable Account I took advantage of the EOY with tax loss harvesting and now I will have to take the gains out this year. This is a part of the investing rollercoaster though. Rollercoaster of how my Vanguard Taxable account has performed this year. The only downside of completely liquidating this account is I have already seen a significant capital gain this year after the market rebounded coming off poor performance at the end of 2018. Going to get to the $212,000 dollar amount I am going to need in the bank toĪccount ($165,734.05 balance as of 3/24/19)įor this account I am going to wait until I get the dividends for Q1 before selling off my money. To figure out how I would come up with the money. This has been a very difficult decision and I have been working Highest performer on my annual evaluation, I have decided to purchase 20 units Recently receiving a large $50,000 bonus check from work due to being rated the Why think small though when I can think big!!! After The bar, but due to the wildness of the stock market, I have decided to try and Originally going to invest the minimum $106,000 to get 10 units of ownership in Keeping money in the stock market or looking to place it elsewhere. With the looming talks of a down market soon, I have heavily debated Knocking the building down and building a brand-new building entirely. To be taking over Lodos and revamping the building entirely. However, my cousin worked out a deal with the Rockies owners and they are going There is called Lodos which was one of the hottest bars in Downtown Denver The land is owned by the Colorado Rockies and the bar that was Interested in putting a location in downtown Denver across the street from the Had the owners of the Colorado Rockies reach out to him asking if they were My cousin is the president of the company and recently Nashville, TN The newest of the locations would be the brand new one I would be ThisĬoncept started in Scottsdale and has expanded to Tempe, AZ, Gilbert, AZ, With you on a bar, you must have great potential for it to fly off. I mean if you can get a big-name Country Music artist to go in The major brand having the most notoriety at this point is Dierks Bentley Hefe and quickly expanded to 6 different concepts spanning the entire country. He started out with one concept in Scottsdale called El This is a large chunk of change ($$$), but my cousin hasīeen opening and running bars for the last 10 years and has continuouslyĮxpanded his business. Early on when I started speaking with myĬousin on the potential opportunity to become an investor in his bar businessįor a new location in Denver, he mentioned I would have to purchase units inĬhunks of $106,000. ![]() Time to provide an update on one of the boldest things I have done to
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