When I was fourteen I recall working a job with my grandfather on a newly built house. We were wiring the house for electricity since my grandfather is a plumber and electrician by trade. He yelled at me, “Do you have the wires screwed into the socket yet?” He told me which wire goes in what location but me being fourteen with quitting time on my mind I soon forgot which one went where.… Read the rest
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A good financial adviser or blog would almost never make a blanket that applies to everyone and the same goes for this blog and the reason for this post. My last post touched on 10 reasons why residents should not buy a house during residency. For many residents, buying a house for residency is a poor financial decision. However, for some resident physicians buying a house may actually make sense.… Read the rest
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This past week I met up with some friends of mine who graduated residency at the same time that I did. Some of us rented while others bought a condo or a single family house during residency. We decided to discuss which choice is most likely the best one for new residents. As you could imagine the argument became one of varying passionate opinions.… Read the rest
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We all have met the physician that no matter what topic is brought up, always seems to have not only an opinion, but also wants everyone to know that they appear to know a great deal about the topic. There are lots of phrases to describe this person: The “one upper”, the “know-it-all”, or the “expert-in-everything” physician. This sometimes grandiose belief extends into in investing realm.… Read the rest
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