Business is The Best Medicine
Personal Finance Blog for Medical Professionals
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Lesson Ten – Putting it All Together
Dr. Slater wraps up the stocks and bonds series with practical guidance on rebalancing, portfolio maintenance, target-date funds, and the long-term habits that help medical professionals invest for retirement
Lesson 1- Introduction Intro Real Estate Investing
Real estate can be a powerful wealth-building tool, but it comes with risks and tradeoffs. Learn how real estate investing works and whether it belongs in your financial plan.
Lesson Nine – Relationship Between Stocks & Bonds
Stocks provide the growth, while bonds help reduce volatility and protect your portfolio. Dr. Slater explains how the two work together and why your ideal mix changes as you approach retirement.
What If You Didn’t Need to Be Good at Everything?
I’ve always had a hard time with “good enough.” But lately I’m wondering if constantly trying to make everything better is actually costing me more than it’s worth.
Lesson Eight – Bond Basics
What exactly is a bond, and why would you want one in your portfolio? Dr. Slater breaks down bond basics, from how they work to interest-rate, inflation, and default risk.
We Don’t Want Our Kids to Think This Is Normal
Our kids have a pretty great life, and I want them to appreciate it without assuming it’s normal. Here’s how we’re trying to teach them gratitude, hard work, and that more isn’t always better.
Lesson Seven of Personal Finance for Professionals Part II
Can you actually time the stock market? Dr. Slater explores why even smart investors struggle to get the timing right and makes the case for staying invested, automating contributions, and using dollar-cost averaging to take emotion out of investing.
My Laundromat Got Sued
Getting sued for someone else’s debt was not something we could have predicted. But because we had built financial margin, what could have been a financial crisis was simply an annoying inconvenience. Here’s why preparing for the unexpected matters.
Thailandishness: A Financial Warning from Bangkok
After watching a friend lose millions through fraud, leverage, and an undiversified portfolio, Dr. Slater reflects on the fragile nature of wealth. This cautionary story explores the importance of diversification, knowing when enough is enough, and protecting the financial freedom you’ve worked so hard to build.
Life Audit
A simple budgeting exercise turned into something much bigger. After auditing every line item in our personal and business finances, I discovered how small conveniences and lifestyle upgrades had quietly become our new normal. Here’s what we found, what we changed, and why I think everyone should perform an occasional “life audit.”
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Lesson 1- Introduction Intro Real Estate Investing
Real estate can be a powerful wealth-building tool, but it comes with risks and tradeoffs. Learn how real estate investing works and whether it belongs in your financial plan.
Lesson Nine – Relationship Between Stocks & Bonds
Stocks provide the growth, while bonds help reduce volatility and protect your portfolio. Dr. Slater explains how the two work together and why your ideal mix changes as you approach retirement.
What If You Didn’t Need to Be Good at Everything?
I’ve always had a hard time with “good enough.” But lately I’m wondering if constantly trying to make everything better is actually costing me more than it’s worth.
Lesson Eight – Bond Basics
What exactly is a bond, and why would you want one in your portfolio? Dr. Slater breaks down bond basics, from how they work to interest-rate, inflation, and default risk.
We Don’t Want Our Kids to Think This Is Normal
Our kids have a pretty great life, and I want them to appreciate it without assuming it’s normal. Here’s how we’re trying to teach them gratitude, hard work, and that more isn’t always better.
Lesson Seven of Personal Finance for Professionals Part II
Can you actually time the stock market? Dr. Slater explores why even smart investors struggle to get the timing right and makes the case for staying invested, automating contributions, and using dollar-cost averaging to take emotion out of investing.
My Laundromat Got Sued
Getting sued for someone else’s debt was not something we could have predicted. But because we had built financial margin, what could have been a financial crisis was simply an annoying inconvenience. Here’s why preparing for the unexpected matters.
Thailandishness: A Financial Warning from Bangkok
After watching a friend lose millions through fraud, leverage, and an undiversified portfolio, Dr. Slater reflects on the fragile nature of wealth. This cautionary story explores the importance of diversification, knowing when enough is enough, and protecting the financial freedom you’ve worked so hard to build.
Life Audit
A simple budgeting exercise turned into something much bigger. After auditing every line item in our personal and business finances, I discovered how small conveniences and lifestyle upgrades had quietly become our new normal. Here’s what we found, what we changed, and why I think everyone should perform an occasional “life audit.”
Neill Slater MD, MBA
Author
Heather Zamarron PA-C
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