Fund Trader Pro, LLC
Chief Investment Officer
William 'Bill' DeShurko started in the investment industry in 1987, learning early the financial perils of bear markets during Black Monday (October 1987) when the DOW dropped more than 20% in a single day. That lesson has guided Bill's investment strategy ever since. During the "Tech Wreck"in 2000 - 2001, frustrated by the losses in typical "buy and hold/diversified" portfolios, Bill created the computer based algorithm used today at www.FundTraderPro.com. The strategy behind the algorithm was tested using data from 1972 - 2005 by Professors Samuel L. Tibbs and Stanley G. Eakins. The results were co-authored with Mr. DeShurko and resulted in the paper, "Using Style Index Momentum to Generate Alpha" that won the Charles H. Dow Award in 2007. The Charles H. Dow Award is the most prestigious annual award given for the best paper that advances technical analysis in the year. The award is granted by the Market Technicians Association, the home of the Chartered Market Technician® (CMT) Program, the preeminent, global designation for technical analysis.
His blog can be found at: www.deshurkoblog.com
Author of: "The Naked Truth About Your Money" a primer for the Millennial Generation and all new investors to help with making responsible financial decisions. Available at: https://www.amazon.com/Naked-Truth-About-Your-Money/dp/1592576508/ref=sr_1_1?ie=UTF8&qid=1485467128&sr=8-1&keywords=deshurko
Contributor to multiple financial news sites including; www.HorsesMouth.com, www.MarketWatch.com. www.Kiplinger.com, www.theStreet.com and more...
Bill is also a board and finance committee member for Homefull Inc. a non-profit group seeking to end homelessness in Dayton Ohio.
Managing Member and owner of 401 Advisor, LLC a registered investment advisor, since 2004
BA. Economics, University of Rochester
The opinions expressed are those of Bill DeShurko. Past performance is not a guarantee of future success. Consider all risks before investing and it is always advisable to consult with a professional before making investment decisions.
AI Marketing Video Bill DeShurko
No, and dumb idea. Low cost, tax deferred investments in the 401k are designed to grow for retirement. Whole life is designed to provide money to someone if you die. Apples and oranges.
Why don't you see if he is agreeable to you only taking $43,000 from the retirement plan? The 50k stays in the plan in your soon to be ex husband's account. No one pays taxes now.
Short answer is "No". Can you borrow from your ongoing 401k instead of taking a withdraw? You could roll the amount to an IRA and the st up systematic withdraws under IRS rule 72(t). Withdraws are based on your life expectancy and must continue for the longer of 5 years or until age 59 1/2. Withdraws are taxable, but avoid the 10% penalty and could be used to make payments on a loan. This spreads out the taxes and keeps your money working for you a little longer.
This is all about the risk level you are comfortable with and what percent of your overall net worth does the $67.5k represent?
Private equity firms will have a portfolio of companies like yours at any one time. If one or two don't work out, they have the rest of the portfolio to offset the losses. Your company can be one of the ones that don't work out....or that does really well.
I would do my due diligence on the private equity firm. They have done the due diligence on your employer's company and decided it was a good investment. They are in business to grow the value of your company, and then sell off shares. When it works out, such arrangements can be very profitable. The more successful the history of the private equity company the better your odds. But you know your company better than I do. How much faith do you have in it growing faster than a relatively safer and more liquid investment, like a stock index fund?
On the downside, can your retirement portfolio handle a 50% loss and having your money tied up for 5 years? Probably a pretty dire downside, but you need to plan for the worse too. If that is too much risk, then you need to pass.
Here is what we do for our clients at 401 Advisor, LLC. Open up a brokerage account and set up a systematic investment plan using a low-cost mutual fund. A regular amount will be automatically deducted from your checking account each month and deposited in the mutual fund. You'll be taking advantage of dollar cost averaging. To read more, click this link: https://www.investopedia.com/investing/dollar-cost-averaging-pays/
Once the account reaches about $20,000 we start building a little more sophisticated portfolio with individual stocks and ETF's. But continue with the dollar cost averaging into the original fund. Periodically we'll reallocate money from the fund into the investment portfolio.