Search found 243 matches

by Zeppcoustic
Fri Jan 15, 2021 2:46 pm
Forum: Personal Investments
Topic: 37th Parallel Properties
Replies: 13
Views: 4907

Re: 37th Parallel Properties

I heard of this company through White Coat Investor forums. Some satisfied investors there. Any personal experiences to share from the Bogleheads?
by Zeppcoustic
Wed Jan 13, 2021 5:29 pm
Forum: Personal Consumer Issues
Topic: Are plasma TV's gone forever?
Replies: 117
Views: 17459

Re: Are plasma TV's gone forever?

Bought a 65" Panasonic P-65S60 plasma on Amazon in 2013 for $1400. Amazing value and performance. Still going strong. :beer
by Zeppcoustic
Thu Dec 31, 2020 8:22 pm
Forum: Personal Consumer Issues
Topic: Help with picking vinyl plank for exercise room
Replies: 8
Views: 754

Re: Help with picking vinyl plank for exercise room

I would highly recommend COREtec vinyl plank flooring. I installed this in our downstairs 2 years ago: COREtec Plus XL Enhanced . We have 3 large, active dogs and have been amazed at how well it has held up - not detectable damage anywhere. Limited lifetime warranty on residential use. Thanks for r...
by Zeppcoustic
Thu Dec 31, 2020 6:52 pm
Forum: Personal Consumer Issues
Topic: Help with picking vinyl plank for exercise room
Replies: 8
Views: 754

Re: Help with picking vinyl plank for exercise room

What sort of exercise equipment are we talking about? For my treadmill on vinyl flooring, I still have a thin rubber mat under the treadmill to prevent it from denting the vinyl flooring. I would also recommend using an exercise / yoga mat as well for any sit / stand / lay exercises, as the padding...
by Zeppcoustic
Thu Dec 31, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: Help with picking vinyl plank for exercise room
Replies: 8
Views: 754

Help with picking vinyl plank for exercise room

Hi. We are considering replacing our carpet with vinyl plank for an exercise area. The area is a miscellaneous landing that is upstairs, contiguous with the end of the stairs. About 300 sq feet. Also we would do the stairs with the same plank. What should we consider regarding thickness, other facto...
by Zeppcoustic
Mon Dec 28, 2020 8:13 am
Forum: Personal Finance (Not Investing)
Topic: where to park $ for next house (in next 5 years)
Replies: 11
Views: 1138

Re: where to park $ for next house (in next 5 years)

My wife and I are in South Texas. Current house is owned outright, value $400k. In next five years I expect we will upgrade and purchase a house around the $1M range. Would prefer no mortgage. Where should we save up the other $600k? Current plan is just to keep investing in taxable according to ou...
by Zeppcoustic
Mon Dec 28, 2020 8:11 am
Forum: Personal Finance (Not Investing)
Topic: where to park $ for next house (in next 5 years)
Replies: 11
Views: 1138

Re: where to park $ for next house (in next 5 years)

Interesting topic. What is your benchmark to move? Do you have to pay cash to buy the next house? From your question it sounded like you were going to take out a ~400K mortgage and pay 600k cash on the 1 million. What if you just saved up 20% and took out an 800K mortgage (200k down) and then use t...
by Zeppcoustic
Mon Dec 28, 2020 8:02 am
Forum: Personal Finance (Not Investing)
Topic: where to park $ for next house (in next 5 years)
Replies: 11
Views: 1138

Re: where to park $ for next house (in next 5 years)

You might want to consider fixed annuities. A fixed annuity is an insurance contract that pays a fixed rate of interest for a "set term", usually ranging from one to ten years. After the set term, a new fixed rate is offered for the next term. One popular form of a fixed annuity is a &quo...
by Zeppcoustic
Sun Dec 27, 2020 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: where to park $ for next house (in next 5 years)
Replies: 11
Views: 1138

Re: where to park $ for next house (in next 5 years)

You might want to consider fixed annuities. A fixed annuity is an insurance contract that pays a fixed rate of interest for a "set term", usually ranging from one to ten years. After the set term, a new fixed rate is offered for the next term. One popular form of a fixed annuity is a &quo...
by Zeppcoustic
Sun Dec 27, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: where to park $ for next house (in next 5 years)
Replies: 11
Views: 1138

Re: where to park $ for next house (in next 5 years)

My wife and I are in South Texas. Current house is owned outright, value $400k. In next five years I expect we will upgrade and purchase a house around the $1M range. Would prefer no mortgage. Where should we save up the other $600k? Current plan is just to keep investing in taxable according to ou...
by Zeppcoustic
Sun Dec 27, 2020 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: where to park $ for next house (in next 5 years)
Replies: 11
Views: 1138

where to park $ for next house (in next 5 years)

Good evening. My wife and I are in South Texas. Current house is owned outright, value $400k. In next five years I expect we will upgrade and purchase a house around the $1M range. Would prefer no mortgage. Where should we save up the other $600k? Current plan is just to keep investing in taxable ac...
by Zeppcoustic
Tue Dec 22, 2020 9:38 am
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

To the OP: you received some good input from Aude. Based on the limited information provided, it sounds like this is an early stage company financing, perhaps a company that does not even have a completed product or any sales. I have invested in early stage companies through a convertible note, and...
by Zeppcoustic
Tue Dec 22, 2020 9:22 am
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

There are some good questions and answers above, but as somebody who negotiates these things, I would like to point out a few quick observations in the form of questions and answers that I see all the time. Why is the company using a convertible note to raise money? The answer is that the company i...
by Zeppcoustic
Mon Dec 21, 2020 5:31 pm
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

We have option to convert note to shares if there is an acquisition: The holder of each Note may elect that either: (a) the Company will pay the holder the sum of all accrued and unpaid interest due on such Note and the outstanding principal balance of such Note; or (b) such Note will convert into ...
by Zeppcoustic
Mon Dec 21, 2020 5:21 pm
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

They determine when the note matures. This is in June 2023. I wouldn't go through with it. If the venture succeeds, you'll likely be paid out in cash, not equity. If it fails, the limited liability structure they have almost certainly setup will go bankrupt, and you'll get nothing. All the downside...
by Zeppcoustic
Mon Dec 21, 2020 5:11 pm
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

Do you have the right to determine if and when the conversion happens, or do they ? The former is the "best of both worlds" as you have right to the upside. The latter is the "worst of both worlds" as you don't have a right to any of the upside. Your post isn't clear on exactly ...
by Zeppcoustic
Mon Dec 21, 2020 4:22 pm
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

Other input? Would be appreciated.
by Zeppcoustic
Mon Dec 21, 2020 12:18 pm
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

Re: convertible note for medical device investment

retired@50 wrote: Mon Dec 21, 2020 12:01 pm Don't forget to consider the possible down side... The three possibilities you mention all sound like "blue skies" forecasts.

What about,
d) Company goes bankrupt and defaults on the 6% interest payment and takes your principal too. :shock:

Regards,
Tru dat :|
by Zeppcoustic
Mon Dec 21, 2020 11:51 am
Forum: Personal Investments
Topic: convertible note for medical device investment
Replies: 15
Views: 554

convertible note for medical device investment

My wife and I are physicians. We were recently pitched to invest in a medical device. Investment is via a 3 year convertible note which pays 6% per year. After 3 years one of three things happens: a) note will be converted to stock shares in event of corporate acquisition b) principle plus interest ...
by Zeppcoustic
Thu Feb 06, 2020 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: payoff mortgage if possibly moving within 5 yrs?
Replies: 17
Views: 918

Re: payoff mortgage if possibly moving within 5 yrs?

If you are planning to move I'd want to be sure I'd have the money available for a down payment on the next house so there would be no liquidity concerns. Thanks. I think we could save for a down payment fairly quickly if needed. Probably $10k a month could be saved for DP but I do not see us needi...
by Zeppcoustic
Thu Feb 06, 2020 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: payoff mortgage if possibly moving within 5 yrs?
Replies: 17
Views: 918

Re: payoff mortgage if possibly moving within 5 yrs?

Other debt we have is educational: $130k at 1.5% to a family member. People are funny about money, if you have the cash in the bank then I would pay this off first. Even if they say they are fine with carrying the loan you never know what they are really thinking. It's worth considering but it's re...
by Zeppcoustic
Thu Feb 06, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: payoff mortgage if possibly moving within 5 yrs?
Replies: 17
Views: 918

Re: payoff mortgage if possibly moving within 5 yrs?

Just an idea... You could park the lump sum somewhere like MM, CD, or do something like 80% BIV (Vanguard Intermediate Bond) and 20% VTI (Vanguard Total US Index). Then when you go to buy your new home you would have a down payment available and your purchase wouldn't have to be dependent on the sa...
by Zeppcoustic
Thu Feb 06, 2020 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: payoff mortgage if possibly moving within 5 yrs?
Replies: 17
Views: 918

Re: payoff mortgage if possibly moving within 5 yrs?

Assuming you are moving and selling home in 5 yrs. Making $10k prepayment to your mortgage has the same cash flow effect as investing $10k in a non-breakable 5-yr 4.25% CD. You will get $12,363 back when you sell and close the loan in yr-5. Another factor to consider is, are you itemizing deduction...
by Zeppcoustic
Thu Feb 06, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: payoff mortgage if possibly moving within 5 yrs?
Replies: 17
Views: 918

Re: payoff mortgage if possibly moving within 5 yrs?

Assuming you are moving and selling home in 5 yrs. Making $10k prepayment to your mortgage has the same cash flow effect as investing $10k in a non-breakable 5-yr 4.25% CD. You will get $12,363 back when you sell and close the loan in yr-5. Another factor to consider is, are you itemizing deduction...
by Zeppcoustic
Thu Feb 06, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: payoff mortgage if possibly moving within 5 yrs?
Replies: 17
Views: 918

payoff mortgage if possibly moving within 5 yrs?

Hi friends. Mortgage balance is $219k. Should I pay this off with cash on hand or invest the latter? I have a feeling we may move and upgrade homes within 5 years. Interest rate on loan 4.25%. Psychologically, would be happy to be rid of the loan. Other debt we have is educational: $130k at 1.5% to ...
by Zeppcoustic
Wed Apr 24, 2019 9:10 pm
Forum: Personal Investments
Topic: Google Finance Problem
Replies: 11
Views: 3680

Re: Google Finance Problem

I am having same issue. Looks like others are trying to bring to Google's attention: https://support.google.com/docs/thread/4840094?hl=en
by Zeppcoustic
Fri Feb 01, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: quick Turbo Tax question vis a vis Roth recharact.
Replies: 5
Views: 311

Re: quick Turbo Tax question vis a vis Roth recharact.

How do I enter in TT in the section asking if I did Trad or Roth IRA contribs? The following was done with TT download, not online, if it makes a difference. When inputting data for this contribution / recharacterization / conversion it's best to do the Deductions & Credits section before doing...
by Zeppcoustic
Wed Jan 30, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: quick Turbo Tax question vis a vis Roth recharact.
Replies: 5
Views: 311

quick Turbo Tax question vis a vis Roth recharact.

Hi guys.

I accidently contributed directly to Roth in Jan 2018. Shortly after I realized mistake, recharacterized to tIRA then did backdoor.

How do I enter in TT in the section asking if I did Trad or Roth IRA contribs? Thanks!

Michael
by Zeppcoustic
Thu Dec 20, 2018 7:21 am
Forum: Personal Investments
Topic: quick TLH query
Replies: 5
Views: 404

Re: quick TLH query

If you sell in 2018, the loss applies to your 2018 taxes. However, if that loss, after offsetting gains, exceeds $3000, you take $3000 off your 2018 taxable income, and carry the remainder over to 2019; it is not wasted. (Check with your state tax bureau if you pay state tax; some states do not all...
by Zeppcoustic
Wed Dec 19, 2018 10:21 pm
Forum: Personal Investments
Topic: quick TLH query
Replies: 5
Views: 404

Re: quick TLH query

If you sell in 2018, the loss applies to your 2018 taxes. However, if that loss, after offsetting gains, exceeds $3000, you take $3000 off your 2018 taxable income, and carry the remainder over to 2019; it is not wasted. (Check with your state tax bureau if you pay state tax; some states do not all...
by Zeppcoustic
Wed Dec 19, 2018 4:35 pm
Forum: Personal Investments
Topic: quick TLH query
Replies: 5
Views: 404

quick TLH query

Good afternoon.

I bought a stock mutual fund in November and December which have unrealized losses. Can I sell in January and apply loss towards 2019 taxes?

Timeline: 11/29 Sell VTSAX/Buy VFIAX
12/4 Buy more VFIAX

Thanks,

Michael
by Zeppcoustic
Sat Nov 24, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: starting HSA if spouse has FSA
Replies: 5
Views: 418

Re: starting HSA if spouse has FSA

Another question. We haven't tapped into my wife's $2650 FSA yet for this plan year. Can we use this for expenses early in 2019, while still having me contribute $7000 to family HSA (and possibly withdraw some for medical expenses), applying the last-month rule for 2019?
by Zeppcoustic
Fri Nov 23, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: starting HSA if spouse has FSA
Replies: 5
Views: 418

Re: starting HSA if spouse has FSA

If your wife terminates her FSA in August 2019, you will still be eligible to make the full $7000 contribution for 2019 under the last-month rule, as long as you are eligible on December 1, 2019 and remain eligible through 2020. Ignore my first query, I just googled it. Thanks again! Great pickup.
by Zeppcoustic
Fri Nov 23, 2018 10:59 pm
Forum: Investing - Theory, News & General
Topic: starting HSA if spouse has FSA
Replies: 5
Views: 418

Re: starting HSA if spouse has FSA

If your wife terminates her FSA in August 2019, you will still be eligible to make the full $7000 contribution for 2019 under the last-month rule, as long as you are eligible on December 1, 2019 and remain eligible through 2020. Interesting! What is the "last month rule?" Would I have to ...
by Zeppcoustic
Fri Nov 23, 2018 10:36 pm
Forum: Investing - Theory, News & General
Topic: starting HSA if spouse has FSA
Replies: 5
Views: 418

starting HSA if spouse has FSA

Hi guys. Open enrollment has begun for me, for plan year Jan-Dec. My employer is offering a HSA/HDHP option for the first time :happy . However, I just realized my wife has an FSA from her employer. Her plan year is Sept-Aug. :( To my knowledge, I cannot contribute to HSA since I can collect benefit...
by Zeppcoustic
Tue Oct 23, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Canada Goose Jacket
Replies: 57
Views: 5158

Re: Canada Goose Jacket

Please consider responsibly-sourced down if you are considering such a jacket and are humane. Thanks,

Mike
by Zeppcoustic
Fri Oct 12, 2018 11:59 am
Forum: Personal Investments
Topic: over 55k in 401k with profit-sharing...
Replies: 14
Views: 733

Re: over 55k in 401k with profit-sharing...

I think many plan sponsors won't let you go over, but I'm not sure what happens if you do. Nothing good I suspect. It is the plan's responsibility to ensure the annual addition limit is not exceeded. The IRS has issued very specific guidance on what contributions should be returned when exceeding a...
by Zeppcoustic
Fri Oct 12, 2018 10:26 am
Forum: Personal Investments
Topic: over 55k in 401k with profit-sharing...
Replies: 14
Views: 733

over 55k in 401k with profit-sharing...

Hi guys. Through 9 months of this year, I have had almost $56k go into my 401k. I contribute $1540 a month and my employer adds match and profit sharing components. Not sure if my last 3 checks will total $0 across all 3 components; even if so, I will still be over the limit a bit. Or I could be ove...
by Zeppcoustic
Tue Jul 24, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: question re two FSAs
Replies: 2
Views: 207

Re: question re two FSAs

My wife is having a dental surgery later in the year. Open enrollment is now for her employer. Can she open an FSA now and deduct $2650 to apply towards surgery? Depends on what her plan year is. If it is calendar year 1/1 - 12/31, no. However open enrollment is usually 1 - 2 months prior to the be...
by Zeppcoustic
Tue Jul 24, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: question re two FSAs
Replies: 2
Views: 207

question re two FSAs

Hi. My wife and I use my employer's FSA. We deducted $1000 for this year and will use the total amount. My wife is having a dental surgery later in the year. Open enrollment is now for her employer. Can she open an FSA now and deduct $2650 to apply towards surgery? Regarding 2019; assume we both ded...
by Zeppcoustic
Mon Aug 14, 2017 6:34 pm
Forum: Personal Consumer Issues
Topic: advice for new hi-income house hunters, south Texas
Replies: 9
Views: 1300

Re: advice for new hi-income house hunters, south Texas

Sounds like you've already done some research. Read this blog post so you are innoculated against the arguments a realtor will use to get you to but more house than you want/need. http://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/ You didn't mention student loans. We have mo...
by Zeppcoustic
Mon Aug 14, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: advice for new hi-income house hunters, south Texas
Replies: 9
Views: 1300

advice for new hi-income house hunters, south Texas

Good morning. My wife and I are currently renting a house in San Antonio. We are young physicians who have recently completed our training and are now starting our first attending jobs. We really like our rental house and neighborhood at present. Plan is to rent here for 1-2 years while we scout for...
by Zeppcoustic
Wed May 03, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: do we have too much disability insurance?
Replies: 11
Views: 1512

Re: do we have too much disability insurance?

Appreciate replies. We are still on the fence about having kids. Incomes are about 15% apart. This is our first year out of training. We managed to invest $250k for retirement thus far. DI is not cheap. My wife pays about $5000 annually for her individual policy. I haven't seen the quote yet but exp...
by Zeppcoustic
Wed May 03, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: do we have too much disability insurance?
Replies: 11
Views: 1512

do we have too much disability insurance?

Me 34 DW 32 Both physicians. No children. Current income $490k, will be $660k in 2018. Current coverage: individual own-occ policies with Guardian. >>>Me $5,000 monthly benefit, posttax >>>DW $13,000 saa Also policies through our jobs (employers pay premiums) >>Me $10,000 benefit via Metlife. Unclea...
by Zeppcoustic
Thu Mar 16, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Prius Prime Looks Interesting...Price is Very Attractive
Replies: 30
Views: 10426

Re: Prius Prime Looks Interesting...Price is Very Attractive

Norton750 wrote:I plan to replace my 14 year old Camry next year (it's got more than a light-second* on the odometer).

* A light-second is 186,282 miles

Norton750
Impressive. My 2002 Prius continues to exceed expectations. 161,000 miles without signs of slowing down.
by Zeppcoustic
Fri Feb 24, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking Rwards Points?
Replies: 3
Views: 549

Re: Tracking Rwards Points?

I'd like to find a single place where I can track all of my rewards points. I found an app recently, but it wouldn't track Marriot points, which was the only one it wouldn't track. I'd basically like to track Marriott and Chase rewards points and would like the ability to combine users if possible ...
by Zeppcoustic
Thu Feb 16, 2017 1:23 pm
Forum: Personal Investments
Topic: retirement contribtn limit for Texas doc
Replies: 3
Views: 393

Re: retirement contribtn limit for Texas doc

Good afternoon, My wife works for the Univ of Texas as a doc. Her work retirement plans are: ORP/DCP: This is ~ 6% employee contribution and 8% employer contribution. Let's say $44k total for the year 403b: 18k 457b: 18k ---------------------------------- Can she contribute $80k per year to these a...
by Zeppcoustic
Thu Feb 16, 2017 1:09 pm
Forum: Personal Investments
Topic: retirement contribtn limit for Texas doc
Replies: 3
Views: 393

retirement contribtn limit for Texas doc

Good afternoon, My wife works for the Univ of Texas as a doc. Her work retirement plans are: ORP/DCP: This is ~ 6% employee contribution and 8% employer contribution. Let's say $44k total for the year 403b: 18k 457b: 18k ---------------------------------- Can she contribute $80k per year to these ac...
by Zeppcoustic
Wed Nov 30, 2016 3:58 pm
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 5062

Re: cheap hotels in NYC

airbnb -- especially if you'd like to stay nearby your friends -- is the way to go in NYC, IMO. (or, if they live in a high-rent neighborhood and you'd rather be somewhere cheaper in Brooklyn or Queens but in a highly transportation-accessible area -- think Brooklyn Heights -- airbnb would also be ...