Forum Replies Created
September 8, 2019 at 5:54 pm MST in reply to: What do football players and doctors have in common? #244791
I’ll be there. Going to be great. Looking forward to meeting some of yall ‘in the flesh’July 8, 2019 at 4:50 am MST in reply to: Who's Going to the White Coat Investor Conference? #228628
Johanna, I want to look this over later at some point. Seems odd that $53,491.20 in cumulative negative cash flow in the last few years of the example would, with the initial 5k expense, be offset by $29k in positive cash flows. There are two changes in signs of cash flows so there should be two IRRs. I can’t get Excel to spit out the second one. Before disseminating to the masses let me double check the math and framing of the decision.Click to expand…
Appreciate the update – will await the final product. Thanks again.Click to expand…
Ok, so I made some slight modifications. I framed it not so much in a APY based decision but in NPV terms. What was happening in the prior spreadsheet (to be deleted and post edited to refer here instead) is that with certain numbers the IRR could never yield a NPV=0 and the APY was spitting out error terms. Interestingly, my initial concerns weren’t really problems – the discount rate just took the high future negative cash flows and reduced them so significantly in present value terms that the smaller but earlier positive cash flows more than offset them in PV terms.
This spreadsheet is easier to understand and won’t have the errors the previous one did (I hope). If the NPV is positive, refinance. If negative, don’t. But if you’re not going to refinance you better put that money for refinancing costs to work in that alternative investment. And if you’re going to refinance you better increase your monthly automatic investment.Click to expand…
Nice calculator. Thanks. Just refinanced. Bought near last years peak and just dropped my rate by 0.75%. Huzzah!
Absolutely fantastic. Thanks for sharing
New WCI podcast covers this
Ditto positives. Four Pillars, just because it is such a work of art, and then Bogleheads for its practicalityAnd we are flying most often business class these days, so the luggage is free.Click to expand…
Its good to get outside the echo chamber of a forum. Makes you realize just how far down the path to financial enlightenment you’ve gone compared to some of your peersI’m currently of the mind that it is not “worth it” to buy myself disability insurance for several reasons:Click to expand…
I love this question and think it is important to ask. We are in a similar situation. AlexxT summarized the issues very nicely – I’d reassess in ~5 years once you have a better sense of your career, personal, and financial trajectories. Too many unknowns right now and DI for you both mitigates those uncertaintiesAmazon card, no fee, 3% cash back on Amazon, 5% if you have Prime, no fee.Click to expand…
cant believe i hadnt signed up for this – a no-brainer for prime enthusiasts. thanks for sharing
this story should be required reading for every health professional applicant. except the parts about the tesla, house buying and panoramic views… those should be redacted, ha
oddly enough if you access this link through the twitter app on your iphone is bypasses the paywall
— Eli Arkush (@EliArkush) May 25, 2018
Its the time of the year where this will come up soon if it hasn’t already on the Forum – any changes to COBRA or the community’s position on it that we should be aware of?
I finish residency this June and have taken a job to start August 1st (academics). We’d obviously like to avoid a gap in health insurance for the month of July.
The conservative approach seems to be to 1) pay COBRA premium during that time but that the 2) loop hole still exists where one can pay retroactively if needed. Any other thoughts?