Future Proof Shares - 11/30/17

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Sorry for the delay of this week's Shares. Let's just say I got more than I bargained for spending Thanksgiving in Vegas. Luckily I've recovered and caught up on my weekly readings. Here are 5 interesting pieces of media on money and medicine from around the web.  

  • To start off, there are some blockbuster news in the physician blogosphere. Early this year the White Coat Investor created the WCI Network by joining forces with Physician on Fire. We just heard this week that Passive Income MD has now become the third member of the WCI Network! Having met all 3 bloggers in person, I cannot wait for the great content that will come from the collaboration of such a superhero team of physician bloggers.
  • The path to financial freedom is littered with dangerous temptations. WealthyDoc shares his insights on Avoiding the Seven Wealth Traps. Have you fallen into any of these traps?
  • I frequently recommend that FPMD readers take advantage of tax-advantaged retirement accounts. In case you are wondering if that employer-recommended Retirement 2045 mutual fund is right for you, Wall Street Physician comes to the rescue. Here are his tips on How To Choose The Right Target-Date Fund For You.
  • Being a resident physician myself, I'm very familiar with the 80-hour work week. Unfortunately in a lot of programs, what it really translate into is "log 80-hours no matter how much you worked." Still people can be very opinionated about the 80-hour work week. Here's one written by an anonymous author for KevinMD - The hidden threat of the 80-hour resident workweek. If 80 isn't the right number, what is?
  • As we just celebrated Black Friday and Cyber Monday - the poster children for celebrating American "wealth" and materialism, I thought this would be a good article to share. Resident Sensei explains what is Stealth Wealth and how it differs from "common wealth". Which one do you prefer?

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Future Proof, MD

Dr. Bo Liu is an aspiring radiologist-in-training and the founder and editor of the White Coat Money Blog.  He has an interest in interventional radiology and helping his medical colleagues get ahead in this mad world of medicine and money.  When he's not crushing the list at the PACS station or typing up your next favorite blog post, you can usually find him at the local badminton club, movie theater or the most recently opened restaurant.