WCI #348: How Much Should Location Matter When Choosing a Residency?
Jan 4, 2024
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The podcast discusses concerns and workarounds for Donor-Advised Funds, investing flexibility and increasing income, protecting assets from lawsuits, factors to consider when choosing a residency, and expressing gratitude and dedication to listeners.
Choosing a residency program depends on factors like people, training quality, and location.
Fit in well with attendings, staff members, and residents when choosing a residency program.
Location matters for family support, cost of living, and spouse's employment opportunities.
Deep dives
Factors to Consider When Choosing a Residency
Choosing a residency program involves considering factors such as the people, the quality of training, and the location.
Importance of Fit in a Residency Program
Finding a residency program where you fit in well with the attendings, staff members, and other residents is crucial.
Impact of Staying in One Location for Education
Staying in one location for medical education does not necessarily negatively impact your negotiating power or career prospects.
Considering Family Support and Cost of Living
Location plays a crucial role, particularly when considering family support, cost of living, and the availability of employment opportunities for your spouse.
Understanding the Capital Stack and Leverage
Understanding where you are in the capital stack and the leverage used in real estate investments can help in making informed decisions.
Today we are answering your questions! Before we get to those we have a few follow up comments from listeners from episode #345 about DAFs. We talk about the possibility of companies offering DAFs ability to control which charities you can or cannot donate to. Then we get into your questions about saving for intermediate term goals, institutional malpractice policies, how to safely invest in real estate and more!
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