“Time of death, 11:56 pm” It was a Tuesday, my first Tuesday of night float actually. However, on that Tuesday I would forever be remembered as “Mrs. Smith’s last doctor” to her family. And on that Tuesday it will forever be the first time I had to pronounce the death of a patient, by myself, as a doctor. Like I said, it was Tuesday. I just started night-float on Sunday night, so this was my 3rd night of […]
Monthly Archives: May 2016
The term “financial advisor” feels inherently safe. It connotes a sense of knowledge and experience in finance, enough to advise other people about it. After 4 years of college, 4 years of medical school, and who knows how many years of residency/fellowship, the last thing most doctors want to do is to learn all this “finance stuff”. Most doctors don’t seem to understand just how important (and potentially costly) it is to not learn about […]
Financial Advisors
This is a question I get asked a lot, from both my friends and colleagues. In fact, I ask myself this question a lot as well. The expanded question is: If you could do it over again, would you be a doctor again? This is somewhat of a loaded question because, when asked by another physician, it somewhat infers that they probably would not. I think some of my colleagues are seeking validation of their own […]
Would you do it again?
You’ve made it! You’ve slogged through the internship, residency and maybe even a fellowship to be the top dog. Numero uno. The alpha and omega. You are now an attending. The buck stops with you. All responsibility lies with you. Everyone comes to you for answers. You make all the big decisions. Are you ready? Of course not. Just a few days or weeks ago you were finishing your training, still leaning on your own […]
How to be a Good Attending (Academic Edition)
There are a lot of different types of funds you can buy. So then… why index funds? The general idea behind index funds are that they should have the lowest expense ratios and should have no load or any other hidden costs. By having the lowest costs possible, and simply tracking the market rather than actively trying to beat it, you have the highest chance of coming out ahead over the long term compared to an actively managed, […]
Index Funds
Umbrella insurance is “non-occupation” liability. Occupation-liability (in our case) would be your malpractice insurance. I didn’t really discuss Umbrella Insurance as a necessity because for most residents and young attendings it isn’t really necessary yet as it falls into more of the “asset protection” category. Until you have assets to protect (such as a house) then you really don’t need this. However: You want your non-occupation liability insurance to be approximately equal to the assets […]