EFTA Document EFTA02134705

To: Randy Wri ht From: Sent: un 3 7:28:44 PM Subject: Re: INVESTMENT SUGGESTION REQUEST; IKE RESPONDING "NOT IN OFFICE" Perhaps you can forward for me? I sent toe! Sent from my iPhone On Jun 30, 2013, at 2:37 PM, "Randy Wright" wrote: Will you take 30 minutes to review my cash allocation planning and give me your OBSERVATIONS and SUGGESTIONS? Sold some THOR (at market top) last year and am sitting on $480K cash... more than we need... maybe? I have already sent $50K to WAX. Here are my thoughts which are repeated on the COMPARISONS chart. I. Thinking we are having a little dip in the market making now a good time to allocate excess cash 2. We are running $50-75K positive cash flow annually... That is, spending that much less than we take in. 3. Even with the recent market dip (6/30/13) our net worth is $312K more than 1 year ago. 4. Yes, I agree with Chuck Evans we could be $30-40K ahead if we had placed funds with him 1/1/13. Chuck is our major, long term broker. Most of the RBC decisions are made by him. He likes equity mutual funds, all long, no bonds, nothing unusual 5. I have analyzed past performance of various investment accounts using Quicken IRR calculation that give relative performance. INVESTMENT ACCOUNT COMPARISONS Shows this analysis for various times from 10 years to YTD 5/31. It also shows current account balance and cash allocation column. The cash allocation is my big question. 6. Each result is calculation of IRR from Quicken. 7. Note analysis with and without biggest gain/winning stock: THOR and HMG for RBC and WAX. 8. The big IRR numbers for WAX are influenced by the short time period. 9. PORTFOLIO VALUE shows what is in the various investment accounts. 10. Cash is cash on hand to allocate for investment. Shown in K$ EFTA_R1_00782290 EFTA02134705 1 1. Do we want to have a $200K reserve for possible purchase of condo in Winter Park, or cross that bridge when we come to it within the next year? 12. Bob Epstein, Merrill Lynch has been hustling us and providing numerous educational seminars. Considering him for hedge fund approach with his advice on best approach. Considering Blackstone Alternative Alpha Fund (BAAF a fund of 17 funds) This is a new fund managed by Blackstone's existing team. Info about performance of existing funds is BLACKSONE. Or, I mentioned to you earlier another fund that Bob presented and am now trying to retrieve the information 13. Real estate values 12/31/12 at long-term low... Recovering in 2013 but subject to annual accounting based on tax office value which is close to market. Tax office value shown. 14. BOTTOM LINE, WHAT ARE YOUR OBSERVATIONS ABOUT CASH ALLOCATION? Thanks for any time you might be able to spend on this. :-) <irnagc002.gic>Randy The Wright Solution Randy Wright, PE, 3109 Deep Valley Trail, Plano, TX 75075 <130630 BLACKSTONE Datc.pdf> <130531 Portfolio Value Report Selected Accountst.pdf5 <InvcstmentAccountComparisons 1306.pdf> EFTA_R1_00782291 EFTA02134706