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Recent Posts

Terminating An Employee Contract For More Focused Growth
Blog 

Terminating An Employee Contract For More Focused Growth

May 10, 2022 admin 2

Those of you who may have been following my blog for a long time, you may recall that about a year and a half ago I started up a second location. The second location has offered quite a few benefits. However, the time has come to look at my business relationship with a nurse practitioner and terminate that agreement. We both agreed that things were not going as planned with our work relationship.… Read the rest

What You Need To Know About Commercial Real Estate For Your Medical Practice
Blog 

What You Need To Know About Commercial Real Estate For Your Medical Practice

April 25, 2022 admin 0
Things I Wish I Would Have Known Graduating Residency
Blog Residency 

Things I Wish I Would Have Known Graduating Residency

April 18, 2022 admin 3
Is Medicine Worth It Financially Compared To Tech
Blog 

Is Medicine Worth It Financially Compared To Tech

April 11, 2022 admin 2
Automate Your Medical Practice
Blog 

Automate Your Medical Practice

April 3, 2022 admin 9

Personal Finance

The 2 Year Penalty For A Medical Practice Owner
personal finance Practicing physician 

The 2 Year Penalty For A Medical Practice Owner

March 28, 2022 admin 0

Maybe you are already a practice owner. Or maybe you are thinking of owning your own practice. Maybe you are just curious what the 2-year penalty is all about. For those of you thinking of owning your own business, congratulations! It is absolutely worth it, if you like the business side of medicine. However, there is a huge downside beyond the work that it takes to run a business.… Read the rest

Best Practices: Your Medical Business Checking Account
personal finance Practicing physician 

Best Practices: Your Medical Business Checking Account

March 14, 2022 admin 2
Inflation In Medicine and What Future Holds For Doctors
personal finance Practicing physician 

Inflation In Medicine and What Future Holds For Doctors

February 14, 2022 admin 3
A List Of Doctors With The Highest Net Worth
personal finance 

A List Of Doctors With The Highest Net Worth

January 10, 2022 admin 3
A Look Back Of Growing My Medical Practice
personal finance Practicing physician 

A Look Back Of Growing My Medical Practice

December 28, 2020 admin 5

Practicing Physicians

The 2 Year Penalty For A Medical Practice Owner
personal finance Practicing physician 

The 2 Year Penalty For A Medical Practice Owner

March 28, 2022 admin 0

Maybe you are already a practice owner. Or maybe you are thinking of owning your own practice. Maybe you are just curious what the 2-year penalty is all about. For those of you thinking of owning your own business, congratulations! It is absolutely worth it, if you like the business side of medicine. However, there is a huge downside beyond the work that it takes to run a business.… Read the rest

Best Practices: Your Medical Business Checking Account
personal finance Practicing physician 

Best Practices: Your Medical Business Checking Account

March 14, 2022 admin 2
Inflation In Medicine and What Future Holds For Doctors
personal finance Practicing physician 

Inflation In Medicine and What Future Holds For Doctors

February 14, 2022 admin 3
10 Business Lessons When Starting A Medical Practice
Practicing physician 

10 Business Lessons When Starting A Medical Practice

January 31, 2022 admin 8
Breakdown Of Spending For Our Medical Practice 2021
expenses Practicing physician 

Breakdown Of Spending For Our Medical Practice 2021

January 23, 2022 admin 0

Retirement

Investments Most Doctors Get Wrong, Including Myself
expenses Retirement 

Investments Most Doctors Get Wrong, Including Myself

March 22, 2022 admin 4

Hindsight is always 20/20. I remember graduating from residency, starting this blog, and really trying to minimize investments that I got wrong. While I was not perfect, I would like to highlight mistakes that most doctors make. Some of these mistakes listed below are from personal experience.

Many of the reasons might not be as obvious as you think. Yes, we all know it is not a good idea to go out and buy a new speedboat right away.… Read the rest

Build The Life You Want, Not The Bank Account You Want
personal finance Retirement 

Build The Life You Want, Not The Bank Account You Want

September 18, 2017 admin 13
Abandoning Academic Medicine For Private Practice
Practicing physician Retirement 

Abandoning Academic Medicine For Private Practice

August 16, 2017 admin 4
401k Fees Really Do Add Up To Big Bucks
Retirement 

401k Fees Really Do Add Up To Big Bucks

August 26, 2016 admin 6
Lessons From My Brother Who Retired Early
Retirement 

Lessons From My Brother Who Retired Early

August 24, 2016 admin 6

Debt

Financial Losses For The Medical Practice
Debt Practicing physician 

Financial Losses For The Medical Practice

August 26, 2021 admin 7

Let us have a post that looks closer at the “cost of doing business.” Also called financial losses for medical practices.

You may have heard this term before, but it is essentially the financial hit that one takes while running a business.

Every company has these costs. Think of the last time you were at a restaurant, and they messed up your order.… Read the rest

New Issue With Commercial Loan For My Medical Practice
Debt Practicing physician 

New Issue With Commercial Loan For My Medical Practice

April 19, 2021 admin 0
How I Paid Off $150k In Loans In 1.5 Years
Debt personal finance 

How I Paid Off $150k In Loans In 1.5 Years

November 25, 2019 admin 2
Earnest Has Been Acquired By Navient for $155 Million
Debt personal finance 

Earnest Has Been Acquired By Navient for $155 Million

October 6, 2017 admin 1

Investing

Everything You Need To Know About Buying Into A Medical Practice
Investing Practicing physician 

Everything You Need To Know About Buying Into A Medical Practice

August 2, 2021 admin 2

Rather than starting your own practice, it is much more common to take a job where there is a potential buy into the practice. Today’s post is going to go through everything you need to know when you are thinking about buying into a medical practice.

Be warned. Today’s post is going to be a long one but a fun one!… Read the rest

Amazon Bets On Healthcare
Investing 

Amazon Bets On Healthcare

June 3, 2020 admin 2
When To Delay Contributing To Retirement Accounts
Debt Investing personal finance Residency 

When To Delay Contributing To Retirement Accounts

July 24, 2017 admin 3
The Social Security Paycheck Bonus
Investing Practicing physician Residency 

The Social Security Paycheck Bonus

July 17, 2017 admin 2

Residency

Things I Wish I Would Have Known Graduating Residency
Blog Residency 

Things I Wish I Would Have Known Graduating Residency

April 18, 2022 admin 3

There is a lot of growth and change required from when a doctor is in training to being an attending. Often there is a lot of stress that goes along with this change. The feeling of being out on your own, no safety net of your program anymore is a weird feeling when you first make that transition.

I wanted to look back at the things that I wish I would have known upon graduating residency about the practice of medicine or my life post-graduation.… Read the rest

When The Amount Of Medical School Debt Seems Hopeless
Medical School personal finance Residency 

When The Amount Of Medical School Debt Seems Hopeless

August 18, 2017 admin 5
REPAYE vs PAYE for Medical Students and Doctors
Debt Medical School Practicing physician Residency 

REPAYE vs PAYE for Medical Students and Doctors

July 26, 2017 admin 3
When To Delay Contributing To Retirement Accounts
Debt Investing personal finance Residency 

When To Delay Contributing To Retirement Accounts

July 24, 2017 admin 3

Blog

Terminating An Employee Contract For More Focused Growth
Blog 

Terminating An Employee Contract For More Focused Growth

May 10, 2022 admin 2

Those of you who may have been following my blog for a long time, you may recall that about a year and a half ago I started up a second location. The second location has offered quite a few benefits. However, the time has come to look at my business relationship with a nurse practitioner and terminate that agreement. We both agreed that things were not going as planned with our work relationship.… Read the rest

What You Need To Know About Commercial Real Estate For Your Medical Practice
Blog 

What You Need To Know About Commercial Real Estate For Your Medical Practice

April 25, 2022 admin 0
Things I Wish I Would Have Known Graduating Residency
Blog Residency 

Things I Wish I Would Have Known Graduating Residency

April 18, 2022 admin 3
Is Medicine Worth It Financially Compared To Tech
Blog 

Is Medicine Worth It Financially Compared To Tech

April 11, 2022 admin 2

investingdoc

This past weekend was able to do some back roading This past weekend was able to do some back roading with my wife and took some photos of some cool places. 

It was a nice break from working all the time.

#canonr5 #doctor #timeoff #physician
There is a storm moving into town. Today we went There is a storm moving into town. 

Today we went live with our new EMR. For those of you who switched from one medical record to another, you know how much of a disaster this can be. Luckily it's not so bad so far. 

#medicine #physician #emr #doctor #djiair2s #drone #texas
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