Every PLEX-Only Community Call
Key topics & numbers from every PLEX-Only community call — each on its own page, grounded in the call's full recording. Pick a call below.
Last run: Jul 25, 2026
The core Fynanc vocabulary used across the calls — what each term means and the threshold to aim for. Values are as spoken on the calls (illustrative/educational, not advice).
| Term | Meaning | Threshold |
|---|---|---|
| Bedrock | The stable, low-volatility core of the portfolio (debt-based / lender assets: BDCs, CLOs, senior loans). | ≥ 60–65% of portfolio |
| Maintenance requirement | The % of a holding the broker requires as equity to lend against it; lower = more borrowable. | ≤ 30% (25% good target) |
| DTA (Debt-to-Asset) | Total debt ÷ total assets; your leverage level. | ≤ 40% (Plex); ≤ 65% if mostly real estate |
| DSCR (Debt Service Coverage Ratio) | Asset cash flow ÷ debt service; can the assets cover the debt. | ≥ 2.0 (Plex); 1.25–1.5 real estate |
| Margin utilization | % of the broker-granted margin line you're using. | ≤ 60% (≤ 50% uncertain market) |
| IMR (weighted portfolio maintenance req.) | Portfolio-wide margin-call risk number. | ≤ 30% (≤ 35% averaged acceptable) |
| Safety buffer | Liquidity reserve for shocks. | 6 months expenses / 20% liquidity |
| Spread | The gap between asset cash flow (yield) and debt service (interest); the engine of wealth velocity. | Stable / predictable, then leverage it |
| Multiplier | 1 ÷ (1 − DTA); grows your controllable capital base independent of returns. | DTA 40% = 1.67; DTA 30% = 1.43 |
| Velocity of wealth | Spread × Capital (leverage) × Frequency (turns/yr). Reinvest full profit for exponential growth. | Exponential, not linear |
| Reinvestment rate | % of income reinvested. | ≥ 20% (→ ~100% in growth phase) |
| Standard deviation | Volatility screen for holdings. | < 10 good (RE ~5–6%, S&P ~20%) |
| S&P correlation | How tied a holding is to the market. | ≤ 0.04 target (lower is better) |
| Target yield (bedrock) | Income rate for bedrock candidates. | ≥ 8% |
| Max drawdown | Worst 3-yr drop (risk flag). | ≤ 15% |
| Capital Amplifier — 6 components | The operating system of wealth building. | Capital · Growth · Portfolio · Flow · Liquidity · Control |
| PLEX Core Roles | The roles every holding plays in the portfolio. | Bedrock · Growth · Income · Stability · Liquidity |
Fynanc calls repeatedly stress figures are illustrative/educational, not advice. Many numbers on the call pages are explicitly "made-up" teaching examples as spoken on the calls.