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re: What do I do with my money next?

Posted on 8/22/13 at 3:38 pm to
Posted by Brian Wilson
Member since Mar 2012
2026 posts
Posted on 8/22/13 at 3:38 pm to
quote:

Together we have $200,000 in student loan debt but our interest rate in 1.75%.


Geez. Get this paid off asap.
Posted by Venelar
The AP
Member since Oct 2010
1135 posts
Posted on 8/22/13 at 3:48 pm to
Checkout LINK / the white coat investor.

Someone in the medical field that has a great investing blog. He's also a contributor at bogleheads.org (another good place to go reading)
This post was edited on 8/22/13 at 3:49 pm
Posted by austiger
Austin
Member since Apr 2012
749 posts
Posted on 8/22/13 at 3:55 pm to
I'd consider DRIPs in dividend bearing stocks. You can be pretty conservative considering you & your wife's profession. Good luck
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/22/13 at 5:47 pm to
quote:

quote:
Together we have $200,000 in student loan debt but our interest rate in 1.75%.


Geez. Get this paid off asap.


Couldn't disagree more.

You shouldn't rush to pay off a loan that charges less than the rate of inflation. That's wasting money.

ETA: Think of it this way - instead of paying off the loan early, set it aside to help build a practice. You won't get an SBA loan for 1.75%.
This post was edited on 8/22/13 at 5:49 pm
Posted by LSU6262
Member since Jun 2008
7495 posts
Posted on 8/22/13 at 7:37 pm to
quote:

Together we have $200,000 in student loan debt but our interest rate in 1.75%.



Geez. Get this paid off asap.


I hope this is sarcasm. his rate is lower than inflation. that is insane
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