We live in an amazing world of constant information, sometimes it can get overwhelming. "Future Proof Shares" is a weekly series with the goal of selecting 5 interesting pieces of media on money and medicine from around the Interwebs. They may be old or new but will always be new to me. This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF). Enjoy!
- Every family has its own financial challenges, and physician families are not immune. Here are some of their stories - 12 Spouses of Doctors Share Their Biggest Financial Challenges. Courtesy of Ryan Inman from Physician Wealth Services. (Full disclosure - Physician Wealth Services is a paying sponsor of FPMD).
- There are so many great physician authors, bloggers, podcasters and youtubers out there I'm finding it harder and harder to keep up with the avalanche of great content being produced every week. Today I want to highlight Dr. John Jurica's podcast series Physician Nonclinical Careers - a weekly podcast that "help you escape burnout and frustration, and find a new career or “side-hustle” that will bring passion and meaning to your life."
- Becoming a medical trainee often means choosing a life of delayed gratification. But every one of us has something we just cannot wait to purchase once we complete training. Whatever that "big purchase" might be, the Wall Street Physician has some tips on how you can save for it - So you want to make a big purchase. How do you save for it?
- I have a lot of stuff. So much stuff that I needed to rent a storage unit in my apartment complex just to hold the junk that I haven't used in years and probably will never use again. I often wonder what it would be like to just throw everything away and start all over with nothing. My fellow physician blogger Dads, Dollars Debts recently went thru that exact process, although not by choice. Check out The Good, the Bad, the Ugly - Forced minimalism.
- As a radiology resident in my final year of training, I've been getting bombarded by recruitment emails on a daily basis. Often the offer would be for a locum tenens position. Honestly I've never thought about taking a part time position so I did some research on the topic. In case you are in a similar situation, here is an article worth reading - Considering Locum Tenens? Freedom, Good Pay, and Some Risks via Medscape.
FPL Capital Management is a Fee-Only independent investment advisor. They offer investors Model and Customized portfolios which are low-cost, passively managed, and globally diversified. Portfolios include funds from companies such as DFA, Vanguard, AQR, PIMCO, WisdomTree, and iShares. Unlike most other advisors, FPL has separated asset/portfolio management from wealth management. Separating these services allows them to serve clients in a cost-effective and a prudent manner. Another unique feature of the firm is that they charge a Flat Fee for advisory services, while most other advisors charge a percentage based on assets under management.