Author: Joel Schofer, MD, MBA, CPE
Finance Friday Articles
- Beaten Down By the Bear Market? Now’s the Time to Stay Strong (And to Stay the Course)
- In Defense of Dollar Cost Averaging
- Inflation is Going Strong
- Lawmakers worry VA home loans aren’t keeping up with hot housing market
- On the Inevitability of Bear Markets
- Should I Use a Crypto Savings Account?
- Strategic asset allocation: Why it usually wins out
- The Worst 6 Months Ever For Financial Markets
- TSP Mutual Fund Window Open, but Not Much Going Through
- Umbrella Insurance for Physicians
- Watching Stocks Return to Their Rightful Owners
Intermediate Executive Skills Course (IESC) – October 17-20, 2022 (Virtual)
Who: MHS personnel serving in an intermediate-level leadership position within a DHA MTF
What: JMESI Intermediate Executive Skills Course (IESC) (Medical Corps is limited to 7-8 seats)
When: October 17-20, 2022 (Virtual)
Where: JKO online modules and virtual platform learning with instructors located at JBSA-Fort Sam Houston, Texas
Course Description: The Joint Medical Executive Skills Institute Intermediate Executive Skills Course (JMESI-IES) provides education and training on leadership and management skills necessary to successfully serve in an intermediate-level leadership position within a DHA medical treatment facility (MTF). The course is designed to facilitate the attainment of selected Joint Medical Executive Skills core competencies as identified by a Tri-Service review board of MHS senior leaders. The course consists of 11 web-based training (WBT) modules available through Joint Knowledge Online (https://jkodirect.jten.mil) followed by a 4-day live, web-based video conference course hosted on Adobe Connect or MS Teams.
More information here: https://www.health.mil/Training-Center/Joint-Medical-Executive-Skills-Institute–JMESI/Intermediate-Executive-Skills
Prospective applicants should send name, position title, work address, and work/cell phone to CAPT Rhett Barrett (contact in the global) NLT 1200 Friday, July 22, 2022.
Nominations for the 2022 MHS Award for the Advancement of Women Physicians in Military Medicine

Background: Greetings MHS Leaders! This is the official call for nominations for the 2022 MHS Award for the Advancement of Women Physicians in Military Medicine (formerly Female Physician Leadership Award). Awards will be given to one Navy junior leader (O-3/O-4) and one Navy senior leader (O-5/O-6). Award criteria and instructions are provided in the attached document.
A complete package consists of a Nomination Form, Summary CV, and Command Endorsement/letter of recommendation. The committee requests that packages be submitted in one consolidated PDF format with the following standardized naming:
“Last Name First Initial_Service_Jr or Sr_AAWP_22”
Examples:
DoeJ_Navy_Jr_AAWP_22
DoeJ_Navy_Sr_AAWP_22
The suspense for packages to be submitted is 31 July 2022. Packages must be vetted and scored prior to submission to the MHS committee, so late packages will not be considered.
Packages should be sent to the NAVY POC LCDR Laura D. Barrett (contact in the global). PLEASE DO NOT SEND PACKAGES DIRECTLY TO THE MHS POC.
Please disseminate this widely through command and functional channels.
Thank you in advance for taking the time to recognize your outstanding female physicians!
Very respectfully,
Jennifer Eng-Kulawy, MD, FAAP
CDR, MC, USN
Plans and Policy Officer
Office of the Medical Corps Chief
NMFDC June Newsletter
On behalf of the Naval Medical Force Development Center (NMFDC), please see the attached June 2022 NMFDC Newsletter:
This month’s newsletter:
* Spotlights the Defense Health Agency Deployment Readiness Education for Servicewomen (DRES) app based on the Navy Medicine DRES Handbook
* Provides instructions on how to schedule an NMFDC virtual site visit
* Announces the new assignment of RDML Darin K. Via as Deputy Chief, Bureau of Medicine and Surgery; Deputy Surgeon General of the Navy; and Director, Medical Resources, Plans, and Policy Division, N0931, Office of the Chief of Naval Operations, Washington, D.C.
* Presents the NMFDC “Graphic of the Month”
* Features an interview with Trauma Strategy Management Office Lead CDR Heather Shattuck on potential improvements, future aspirations, and lessons learned surrounding readiness
Please feel free to share this newsletter with other relevant Navy Medicine stakeholders and those interested in the NMFDC’s efforts.
Very Respectfully,
The Naval Medical Force Development Center
Reminder to Graduating Residents – You are Now Eligible for GMO Incentive Pay
Congratulations to those who graduated residency. Medical Corps officers who complete initial residency on active duty are eligible for the General Medical Officer (GMO) Incentive Pay (IP) the day after completing residency. For those who complete residency while not on active duty (NADDS), they are eligible on they day they report to their permanent command.
This means you need to go to your Special Pays coordinator, if you haven’t already, and apply for the GMO IP. It increases you from a residency IP of $8,000 per year to the GMO IP of $20,000 per year.
Finance Friday Articles
- Are TIPS Broken?
- Building Portfolios to Last
- Happier Days Ahead
- Home Sweet Whatever
- How to Buy a House the Right Way
- How Vanguard investors are reacting to market volatility
- Is the 60/40 Really Dead This Time?
- MAKING DECISIONS IS EXHAUSTING. RULES AND AUTOMATION HELP YOU MAKE FEWER DECISIONS IN YOUR FINANCES.
- Retiring into a bear market: What to do, what to avoid
- The Case for Owning Bonds
- The Gains of High Flying Individual Stocks are All Gone
- Time for a Pep Talk
- Top 10 Financial Mistakes for New Attendings
- Transitioning Into Retirement: Your Plan A And Plan B
- Vanguard: 60% Stock-40% Bond Portfolio Isn’t Dead
- When Should You Hire a Financial Advisor?
- Where does the wealth go when asset prices go down?
- Why I Don’t Have Bonds in My Portfolio