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!
- For newly minted medical residents, one of the biggest financial questions to answer is "Should I buy or rent during residency?" There is no lack of "buying vs. renting" advice out there but our career path deserves special consideration. The Happy Philosopher shares his experience via this Physician on Fire guest post - Renting versus Buying a Home: The Happy Philosopher’s Experience.
- We all expect to see self-driving cars become a reality within our lifetimes. How about robot doctors? Here is a special report from the New Yorker - A.I. VERSUS M.D. - What happens when diagnosis is automated? It would seem my particular specialty is especially at risk of becoming the horse and buggy industry of the 21st century.
- Many physicians seek the answer to the question "How do I find a good financial advisor?" It's an incredibly complicated question and a "good" advisor for me may not necessarily be "good" for you. Johanna Turner offers some advice on how you can use a commonly available tool to start answering that very difficult question - Form ADV – Ignore it at Your Peril.
- As someone who's a vocal supporter of passive index investing, I've sung the praises of the S&P 500 index plenty of times. But it serves us well to review the facts, as Jonathan Ping of My Money Blog has done here - S&P 500 Histogram: Annual Returns Are Negative 1/3rd Of The Time.
- As I near my final year of residency, I start to read more about landing that first attending physician job. Here is an oldie-but-goodie from site sponsor Contract Diagnostics on questions to ask during a site visit. The series is broken up into 3 parts: Legal, Compensation, and Benefits. All are short reads and very helpful.
Curbside Real Estate is a concierge brokerage that specializes in connecting physicians, many of whom have recently completed their residency programs or fellowships, with the best home loan program for them and a carefully-vetted real estate agent, effectively eliminating the guesswork and frustration commonly associated with buying a home. The mission of Curbside Real Estate is twofold. Its primary mission is to allow physicians to focus more on their profession and families, and less on the stresses of buying a home, by streamlining the process. Its secondary mission is to give back by creating homes for underprivileged children.