Post Your Wins

[Fishindude77]

Just finished up getting last of the garden in and planted.
Can't beat fresh garden veggies all summer long.

[EasyMoney00]

Took a little hike in the woods yesterday afternoon and found 2-1/2 LBS of fresh morel mushrooms.
FYI - Local market has them for sale at $80 per pound.

We have property and always thought about searching for morels but never did. My luck I would find a false morel and suicide myself. My one coworkers father died from eating the wrong mushroom. It wasn't s false morel. He was an avid mushroom hunter for decades and still screwed up.

[disneysteve]

This isn't exactly a monetary win but kind of is. This one is my daughter's.

There's one estate sale company I deal with a lot. They run both in-person sales and on-line auctions. Last week, one of the on-line auctions had a bunch of Star Trek items so I showed it to my daughter who is a big fan. She found one lot she liked and bid on and ended up winning. It was a bunch of old magazines, books, a game, a watch, and some other stuff. She paid a little under $16 for the lot and we picked it up this morning. This afternoon she started looking through it all.

One item was the program from the 1975 Star Trek convention in Philadelphia. That itself was cool. It included a bunch of original production cast photos. She turns the page and there is a photo of Scotty autographed by James Doohan (actual live signature, not printed). A few pages later is a photo of Chekov autographed by Walter Koenig. Clearly nobody from the estate sale company had paged through this program or else they certainly would have sold it separately. Instead, my daughter scored two vintage autographed pictures from very well known actors for $16.

Even better, she doesn't want the watch that was part of the lot so I'm going to sell it on ebay for her. Comps show it selling in the $25-35 range so she'll probably end up actually getting everything she wanted for free and even making a little profit.

[Fishindude77]

Nice. What do you use them for? Or do you sell them locally?

You eat them. They're kind of a midwestern delicacy mostly because they are such a challenge to find.

Traditional way to prepare is simple rolled in a little flour salt & pepper, then fry in butter and oil.
We had friends over last night and stuffed and baked a bunch of them w/ cream cheese, diced onion, parsley and diced shrimp.
They're also great on pizza or any dish you would use other mushrooms.

Most of them got eaten last evening by guests. What's left we will eat next day or two.

[disneysteve]

Took a little hike in the woods yesterday afternoon and found 2-1/2 LBS of fresh morel mushrooms.
FYI - Local market has them for sale at $80 per pound.

Nice. What do you use them for? Or do you sell them locally?

[Fishindude77]

Took a little hike in the woods yesterday afternoon and found 2-1/2 LBS of fresh morel mushrooms.
FYI - Local market has them for sale at $80 per pound.

[kork13]

How long was your $250k in the company before you received a payout?

We have a savings account that has $250k in it and it's been paying out around $800/month in interest for a while. Granted, if interest rates go down so will the amount. But it's about as safe as you can get.

Since Dec 2024. But this is definitely nothing even remotely comparable to a savings account .... It's an apples & orangutans level of different, and this investment was not intended to be "safe" in the slightest -- quite the opposite, in fact. When deciding to invest with the RELPs, we very carefully considered how we would handle it if we were to lose every penny of $500k .... Because that possibility exists as a very real risk factor.

I shouldn't actually be surprised or thrilled about these distributions, because this is roughly in line with what I was promised when I joined the RELP ... 7% returns as a quarterly partnership distribution + capital appreciation upon sale. This style of investment is just new to me & a bit exciting to see it already working out positively.

But I'm side-tracking this thread ... Oops ..... A better place to continue the discussion is probably my original thread about these investments.

[EasyMoney00]

Pony up $50k-$1M+ upfront into a moderately high-risk LLC real estate development partnership (as a silent/non-voting partner) for a minimum of 3yrs, desirably closer to 5-10 yrs.

Saying it like that really makes it sound undesirable ... Lol ... But it's also the honest reality about what it takes, besides working with the investor relations folk on all of the legal paperwork.

Oh, and you also must be able to get qualified as an accredited investor ... Proving $1M+ of investable assets, or an income above something like $400k/yr.

How long was your $250k in the company before you received a payout?

We have a savings account that has $250k in it and it's been paying out around $800/month in interest for a while. Granted, if interest rates go down so will the amount. But it's about as safe as you can get.

[kork13]

Wow - how can I buy in?

Pony up $50k-$1M+ upfront into a moderately high-risk LLC real estate development partnership (as a silent/non-voting partner) for a minimum of 3yrs, desirably closer to 5-10 yrs.

Saying it like that really makes it sound undesirable ... Lol ... But it's also the honest reality about what it takes, besides working with the investor relations folk on all of the legal paperwork.

Oh, and you also must be able to get qualified as an accredited investor ... Proving $1M+ of investable assets, or an income above something like $400k/yr.

[james.hendrickson]

I just got a notification from one of the 2x RELPs I recently bought into, with my quarterly distributions report. From a $250k investment, I'll get a deposit of ~$4500 next week -- roughly 7.2% annualized cash return. Hooray!!

Wow - how can I buy in?

[kork13]

I just got a notification from one of the 2x RELPs I recently bought into, with my quarterly distributions report. From a $250k investment, I'll get a deposit of ~$4500 next week -- roughly 7.2% annualized cash return. Hooray!!

[QuarterMillionMan]

I do think your my cousin. Hope it was fun. Why was TJ disneyland?

Tijuana is a Disneyland for men with all the gentlemens clubs which are actually brothels.

[disneysteve]

I have two fun wins:

We are expecting a baby girl in May

Congratulations! How exciting.

[Like2Plan]

I have two fun wins:

We are expecting a baby girl in May- she alone is a win but there’s a financial win as well! With babies come completion registry discounts. This was automatically applied in my online cart to eligible items. I figured this would apply to baby related items but imagine my surprise when I got an extra 15% an already on sale Samsung Frame TV. Was an extra $200 in savings we weren’t expecting!

We’re flying my dad out for a visit in a couple weeks - redeemed $500 worth of flight credits through Chase Travel that completely paid for his flight!

What wonderful news! (And, congrats on the surprise savings, too!)

[LivingAlmostLarge]

2 free nights in Las Vegas for today to check out Wednesday. Last night in TJ it was a Disneyland for men playground. Las Vegas today will be basically an adults only playground but not in a true sense since kids are still allowed but to an extent.

I do think your my cousin. Hope it was fun. Why was TJ disneyland?