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!
- As far as med finance bloggers go, none are more recognizable than the White Coat Investor. Dr. Dahle has been giving back to the medical community since 2015 via the White Coat Investor Scholarship. This year's scholarship was just announced. If you are a trainee, be sure to turn in an application. If you are interested in supporting the cause, please join me. I've requested to be a Gold level contributor this year.
- Medscape is a great resource for physician-specific information and they just announced the latest on Best and Worst Places to Practice in 2017. Do you live in one of the listed areas? If you don't, is a move in your near future?
- As more and more medical graduates choose corporate employment rather than becoming partners in a business enterprise, it's not difficult to imagine physicians becoming just another 40hr/week white collar profession. InvestingDoc explores the question - Is Entrepreneurship Still Possible For New Doctors. I like to think the answer is a resounding "YES".
- Do you know the difference between "yield" and "return"? This is especially important when you invest in debt instruments such as bonds and peer-to-peer lending. The Wall Street Physician explains why you should know the difference in A 15% Yield Does Not Equal A 15% Return: A Cautionary Note About High-Yield Bonds and Peer-To-Peer Loans.
- The final entry in this week's shares is a new find for me personally. As I make more income, I started to look for tax-efficient ways of investing that money. One of the options offered by my hospital is a 457(b) plan. Is it a good option? Doctor in Debt drops some knowledge in Should Physicians Invest in a 457(b) Plan?
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