Future Proof Shares - 5/2/17

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting 5 interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy! 

  • Let's face it, most of us are woefully inadequate in our knowledge of healthcare costs.  In fact, as a radiology resident, I have no idea how much each study I read on a daily basis cost to the patient.  I have a general idea - I expect an MRI to cost more than a chest x-ray.  But exactly how much more?  I have no clue.  That's why I feel this is an article worth sharing - How much does a brain MRI cost? by Christina Vanvuren at Amino.
  • Wall Street Physician may be a relative new-comer in the physician finance blogosphere.  But he has been putting out some great content.  Here is another gem from his Intern Financial Survival Series - How To Invest In A 401(k) Or 403(b) Plan.  How I wish I had taken advantage when I was an intern... 
  • Say you just made the transition from resident/fellow to attendinghood.  Aside from leaping in joy for surviving training and rubbing your paws together for that first paycheck to show up in your bank account, what else should you do?  Here's a great overview from Chad Chubb of Wealthkeel - I Am an Attending Physician, Now What?
  • Growing up in China, I've always known that America is the land of opportunity.  It turns out many factors contributed to America becoming the greatest economic superpower of the 20th century.  Did you ever wonder why the world runs on the US dollar?  This is an oldie but goodie from the team behind NPR Planet Money - The Dollar At The Center Of The World.
  • Communism may be a great idea on paper, but most historians would agree that so far no government has practiced 100% communism.  Similarly most of us money bloggers believe in the efficient market hypothesis but also accept that markets are not 100% efficient.  Just how much wiggle room are there?  Apparently not a lot - check out Tough Job: 5% of Active Investment Managers Will Add Value by Jonathan Ping at My Money Blog.

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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.