Hi everyone,
My name is Dr. Shashank Mishra and I have just finished residency in family medicine.
I was wondering what everyone's thoughts were on starting up a new financial newsletter . The newsletter will contain investment advice that has something solid to offer to medical professionals, especially those in training (medical school, residency, or the first few years of practice). The most important thing to teach them is how to be carefull with their money and practice good risk management techniques when they invest and how to do it starting small. I think it could be really good at nursing along beginners with very small funds to work with, whom most professional/commercial entities don't really have time or patience for.
During residency, I noticed that both myself and other residents and medical students were notoriously ignorant about finances and investing and we needed to learn it. I personally went on to start a residency investment club which mainly acted as an educational vehicle through which we all learned something about investing. It took a lot of hard work but we did okay ( up 30% in our portfolio ). Despite being in residency with low pay, very little time and some debt I was still able to learn something about investing in different assets, risk tolerance, being disciplined etc. Since the investment club could only offer so much to a few of my residents, I think that a newsletter discussing some pertinent financial savviness would come in handy to this particular population.
Was wondering what your thoughts would be on this and would welcome your input ?
Thanks
Shashank Mishra
My name is Dr. Shashank Mishra and I have just finished residency in family medicine.
I was wondering what everyone's thoughts were on starting up a new financial newsletter . The newsletter will contain investment advice that has something solid to offer to medical professionals, especially those in training (medical school, residency, or the first few years of practice). The most important thing to teach them is how to be carefull with their money and practice good risk management techniques when they invest and how to do it starting small. I think it could be really good at nursing along beginners with very small funds to work with, whom most professional/commercial entities don't really have time or patience for.
During residency, I noticed that both myself and other residents and medical students were notoriously ignorant about finances and investing and we needed to learn it. I personally went on to start a residency investment club which mainly acted as an educational vehicle through which we all learned something about investing. It took a lot of hard work but we did okay ( up 30% in our portfolio ). Despite being in residency with low pay, very little time and some debt I was still able to learn something about investing in different assets, risk tolerance, being disciplined etc. Since the investment club could only offer so much to a few of my residents, I think that a newsletter discussing some pertinent financial savviness would come in handy to this particular population.
Was wondering what your thoughts would be on this and would welcome your input ?
Thanks
Shashank Mishra
