Search found 66 matches

by neuro84
Fri Jul 10, 2015 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing med school loans
Replies: 4
Views: 1069

Refinancing med school loans

Hi Bogleheads, I'm a medical resident and I've been going through the process of applying to refinance my (mid-5-figure) student debt through DRB. Currently the 10-year fixed rate on my loans (through the US Dept of Education) is 5.14%. The rates DRB has offered me are: 3.91% for variable-rate 10-ye...
by neuro84
Sat Jun 20, 2015 9:23 am
Forum: Personal Investments
Topic: Medical School Investing/Debt Management
Replies: 9
Views: 2734

Re: Medical School Investing/Debt Management

The financial adviser who talked to the med students thought invest not debt for a number of reasons. One, he thought the return would be better on investing; two, that way the money is accessible if we need it; three, 6.8% interest isn't that high, it just seems that way because interest rates eve...
by neuro84
Mon Jun 15, 2015 3:04 pm
Forum: Personal Consumer Issues
Topic: LastPass.com Breach
Replies: 155
Views: 35002

Re: LastPass.com Breach

Great. I literally just started using this service 3 days ago, after a BH recommended it.

Thanks for sharing.
by neuro84
Thu Jun 11, 2015 4:04 pm
Forum: Personal Investments
Topic: Resident [military physician - Portfolio help]
Replies: 16
Views: 2422

Re: Resident

Why are you filing separately? It rarely results in less tax. Gill OP mentioned that he is filing separately for reasons of calculating the Income-Based Repayment (IBR) stipulation in his wife's public-service loan forgiveness (PSLF) payment plan. Doing so results in a lower IBR, thus increasing th...
by neuro84
Thu Jun 11, 2015 3:16 pm
Forum: Personal Investments
Topic: Resident [military physician - Portfolio help]
Replies: 16
Views: 2422

Re: Resident

I'm in residency, too. Congrats on finishing to you both! A couple thoughts off the bat - ... there is also a loan forgiveness program if she works for a non-profit organization for 10 years starting now. 1st thought - If you mean PSLF , her time in residency should count, too, assuming she worked f...
by neuro84
Sun May 17, 2015 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: MDs--Academics or Private Practice?
Replies: 47
Views: 8165

Re: MDs--Academics or Private Practice?

As a resident myself (you can probably figure out which specialty), do any of you more seasoned MDs have advice on how to go about evaluating a job position (whether academic or PP)? I'm particularly interested in SleepKing's statement about people who go after $$$$ or prestige and end up being seri...
by neuro84
Sun Feb 15, 2015 11:11 am
Forum: Personal Investments
Topic: Should I pay off my Pen Fed auto loan?
Replies: 6
Views: 686

Re: Should I pay off my Pen Fed auto loan?

What if your post read something like this instead: I'm pondering whether or not I should use my taxable account to buy a new car. The alternative is taking out a loan for $20,000.00 at 1.5%. The taxable account, which has done extremely well, is our Vanguard Total Stock Market Index Fund. I hate th...
by neuro84
Fri Dec 12, 2014 7:36 pm
Forum: Investing - Theory, News & General
Topic: You folks think [a market crash] is coming?
Replies: 64
Views: 7677

Re: You folks think the big one is coming?

jginseattle wrote:
Michael_Fisher1 wrote:
jginseattle wrote:Here in Seattle "the big one" means someting entirely different.

ooo tell me please :)

Earthquake!
I was thinking something more along the lines of Mt. Ranier going off.

http://en.m.wikipedia.org/wiki/Lahar
by neuro84
Thu Dec 11, 2014 9:13 pm
Forum: Personal Investments
Topic: Help With Windfall
Replies: 8
Views: 1987

Re: Help With Windfall

I am not familiar with the grant options available to fellows, but I would definitely pay off the 6.8% loans and maybe also the 4% ones.

So pretty much what the above poster said...
by neuro84
Wed Dec 10, 2014 8:25 pm
Forum: Personal Investments
Topic: Help With Windfall
Replies: 8
Views: 1987

Re: Help With Windfall

What are the interest rates on the student loans and mortgage? Agree that we need this info. If she is a resident / graduated recently, they are unlikely to be that low. Mine are 6.8%. If I were you, I'd pay off the student loans. I recently paid off the majority of my medical school loans with a w...
by neuro84
Wed Dec 10, 2014 8:22 pm
Forum: Personal Investments
Topic: An interesting way I just thought about debt
Replies: 18
Views: 3361

Re: An interesting way I just thought about debt

Must have been nice to get those kind of rates on the student loans, as compared to those of us graduating now with most of our debt at 6.8%+. I think in your situation I would calculate how much I need to invest yearly in order to meet my goals, then put any extra towards debt if you think that wi...
by neuro84
Thu Nov 13, 2014 1:43 pm
Forum: Personal Consumer Issues
Topic: Consider freezing your credit
Replies: 66
Views: 11274

Re: Consider freezing your credit

From the perspective of someone still building credit, and looking to apply for a mortgage about 4-5 years from now: If I freeze my credit, does this stop my score from improving? Currently I have 1 cc and some student loans. The cc balance is paid each month in full, and the student loans are paid ...
by neuro84
Thu Jul 24, 2014 7:51 pm
Forum: Personal Investments
Topic: New investor wondering how best to use a windfall
Replies: 9
Views: 1007

Re: New investor wondering how best to use a windfall

heyyou - Thanks for the calm reflection. Excellent points about using the trust as emergency fund. I was expecting the fees and have already informed the broker of my decision (he spent 30 minutes trying to talk me out of it), so we've had that conversation. My work does offer 50k basic life + 50k ...
by neuro84
Thu Jul 24, 2014 4:41 pm
Forum: Personal Investments
Topic: New investor wondering how best to use a windfall
Replies: 9
Views: 1007

Re: New investor wondering how best to use a windfall

Rollover from Traditional 403b to Rollover or Traditional IRA does not add to income. Rollover from Traditional 403b to Roth IRA is a Roth conversion and adds to income. Your priorities to build emergency fund and get rid of 6.8% debt is good. For size of emergency fund, I suggest 6 months of expen...
by neuro84
Thu Jul 24, 2014 4:06 pm
Forum: Personal Investments
Topic: New investor wondering how best to use a windfall
Replies: 9
Views: 1007

New investor wondering how best to use a windfall

Hello Bogleheads, and thanks in advance for your help. I've had a few big life changes recently, and I'd like some advice navigating the decisions these changes entail. Demographic info: Me - married, just graduated medical school and earning my first paycheck as a resident, new job does not match 4...