u/shawnthesheepnudi

Say I hold a bunch of equities and 50k cash as dry powder in etrade. Selling CSP on this now. If I invested the 50k into a money market fund or SGOV is that not treated as a cash equivalent? As such could I not continue to sell “cash secured” puts against that balance? Would this incur any margin debt so long as the puts remained unassigned or if assigned if the cost of assignment is below the amount held in the money market fund?

Say I hold a bunch of equities and 50k cash as dry powder. If I invested the 50k into a money market fund or SGOV is that not treated as a cash equivalent? As such could I not continue to sell “cash secured” puts against that balance? Would this incur any margin debt so long as the puts remained unassigned or if assigned if the cost of assignment is below the amount held in the money market fund?

Attending in a surgical specialty, few years out. Been offered a partnership buy in to the group. Group itself is medium sized, 20ish MDs, 30ish NP/PAs. Mostly clinic /ASC with some inpatient work for bigger cases or sick patients. They own several ASCs that we operate out of. Partnership is not offered based on seniority, it’s essentially per production and who the partners like. They want to retain the most productive folks essentially. There are only 6 partners in total, some are the original folks and some were brought in later, same as me potentially. The practice generates mid 8 figure revenue annually, but has high overhead and some old debt as well so margins are slim. Since this is a midsize business there are layers of admin / finance/ non clinical folks as well, this is not just a mom and pop practice.

I’m wondering what resources exist to help me understand the financials of this potential purchase. What a good EBITA is, what strong/middling/weak earnings would look like in this space, is our debt ratio concerning or standard, what’s a reasonable multiple, what are reasonable terms of partnership etc.

In effect I feel like I know a good amount about my domain of expertise, medicine, but very little about the similarly intricate world of finance. Short of getting an MBA, where do I find someone who can look at these financial statements, the operating agreement etc, and help me decide if the buy in represents me being exit liquidity, them wanting to lock down a productive surgeon without me gaining substantial benefit, or a real opportunity. I imagine this is not something that a regular CPA would do, but someone more specialized in this area. Any recommendations or experience finding people in this arena?

Have been doing about 90/10 split touring / resort the last few years. This year not getting a pass so will likely do even less resort. Currently I use the Technica Cochise 120 and love them. Great downhill performance and even though they’re heavy my setup overall isn’t too bad thanks to pin bindings on all my skis (ATK FR 13/15). I found a good deal on some ZGPT online in my same Mondo size and would buy without trying them on assuming the last is the same as the Cochise. Anyone have both and find the fit to be the same? My Cochise fit straight out of the box, no mounding/punching needed, just changed the sole.