DO NOT CONFUSE SAVING MONEY WITH INVESTING MONEY.

Often we assume that saving money is the same as investing money. It is not.

Saving money can mean looking for discounts, bargains, or buying in bulk (ie, saving money when compared to typical retail prices).

Saving money can also mean to reduce, reuse, recycle and upcycle.

Saving money can also mean the setting aside of money in a bank or under a mattress.

Investing money typically means, taking money (principle) from a paycheck, savings, or a loan, and putting it somewhere (an investment vehicle) in order to accumulate money (returns), now or in the future, in a fashion where we do not have to labor for those additional dollars (appreciation, passive income, unearned income).

Charles Tadros, M.D.

August 27, 2021

Saint Louis, Missouri

LET US TALK ABOUT THE OBVIOUS…THE DOLLAR THAT WE INVEST ON THE LAST DAY BEFORE RETIREMENT IS DRAMATICALLY LESS IMPORTANT THAN THE DOLLAR THAT WE INVESTED 30 YEARS AGO FOR RETIREMENT.

That final dollar’s purchasing power is dramatically less important (through the inflation of the prices of goods and services, as well as the devaluing [ie printing more] dollars) than what $1 would have purchased, in goods and services, 30 years ago.

The second reason that the final dollar invested is dramatically less important, is that this dollar has not had 30 years of earning interest or growing inside of an investment that is rising (appreciating) in value.

Charles Tadros, M.D.

August 26, 2021

Saint Louis, Missouri

WHAT OUR PARENTS DID NOT KNOW OR NEVER TOLD US, EVEN IF WE WERE WILLING TO LISTEN…

Still make and follow plans, even if absolutely nothing will work out. Having a purpose, goals, as well as making an effort and progress toward these goals, are the essence of what fills our days.

Love, acceptance, forgiveness, patience, fairness, justice, communication, curiosity, understanding, work, learning, teaching, relationships, health, and spirituality are the foundation for everything positive in our lives.

Becoming pregnant, delivering a baby and raising a child are fraught with an unbelievable number and severity of risks. Those babies are worth all of it.

Even when we are young, we do not have enough time in this life to perform and experience everything that we will eventually want to experience. NEVERTHELESS, START NOW!

No one is ready to die. Given a choice between the end of a long life with a, “good death” versus reasonable health which allows us to spend more time with family, friends, other people and pets, we will pick the latter.

If we have to pick between the two, a steady cash flow is more important than owning assets that do not produce a cash flow.

We do not have perfect proof about what happens to us after we die. For many of us, this is one of the most frightening events to consider.

Most of us will develop one or more illnesses which lead to our eventual demise.

We will review our lives many, many, MANY times over: what we have accomplished, what we are doing now (and it’s value), what we have done (to whom, for whom, and with whom), how we have spent our time and energy, whom have we shared time with, what we believe, who are we and where are we going. Others may be distraught about our performing these life reviews, but we are comforted.

Much of who we are: our health, our energy, our wants, our needs, our relationships and our beliefs, will naturally change as we grow older.

Rote memorization is really, really, really important in life.

Many of the psychological and emotional issues that we, as adults, deal with (and at times are medicated for), started with the genes we inherited from our parents, how we were parented, as well as events from our childhood. This is not meant to blame, or to make excuses, but meant to explain.

Poor socioeconomic status in one’s youth (this is one of ALL of the factors that children can not control) puts us at risk for a lifetime of significant dysfunction, mental health issues, physical health issues, relationship issues and financial issues. Once again, this is not meant to blame, or to make excuses, but meant to explain.

Do not be too attached to ideas, stuff or people. All of these will eventually go away. Be attached just enough.

Everything which starts off with a bang, tends to peter out just as rapidly.

” You can’t tell a book by it’s cover.” is still very true. Prejudgements, snap judgements, assumptions, beliefs and prejudices are a necessary, and natural part of everyone’s life. It takes insight/recognition, a focused effort and energy in order to avoid the pitfalls of these very human cognitive biases.

It’s nice to know what one WANTs to do next, or what one WANTs to do in life. However, a focused and specific WANT may not come to mind that easily, or it may be totally unattainable for us. For many of us, knowing what we DON’T WANT has to be enough, at least for a start. Of importance is to start and to be open to experience and feedback.

Charles Tadros, M.D.

August 26, 2021

Saint Louis, Missouri

100% OF LIFE IS MAKING CHOICES AND MANAGING RISK. EVEN THE MOST TRIVIAL OF CHOICES AND OF RISKS MAY HAVE MASSIVECONSEQUENCES, NOW OR IN THE FUTURE. ALMOST ALL CHOICES MADE (and not made), AND RISKS TAKEN (and not taken), DIRECTLY OR INDIRECTLY, AFFECT OTHERS.

Charles Tadros, M.D.

August 26, 2021

Saint Louis, Missouri

LIVING PAYCHECK TO PAYCHECK IS ONE OF THE MOST STRESSFUL FIRST WORLD PROBLEMS. THIS STRESSOR AFFECTS EVERY ASPECT OF OUR PHYSICAL HEALTH, MENTAL HEALTH, AND RELATIONSHIP HEALTH.

Charles Tadros, M.D.

August 25, 2021

Saint Louis, Missouri

THE VAST MAJORITY OF HEART FAILURE PATIENTS NEEDING TRANSPLANT, KIDNEY FAILURE PATIENTS NEEDING DIALYSIS, AND STROKE PATIENTS NEEDING REHABILITATION WOULD HAVE HAD THEIR ORIGINS IN THE ASYMPTOMATIC PERIOD 20-40 YEARS PRIOR. TWENTY TO FORTY YEARS PRIOR, SUCH PATIENTS WOULD HAVE BEGUN THEIR MEDICAL JOURNEYS WITH THESE PREVENTABLE AND TREATABLE CONDITIONS: HYPERTENSION, DIABETES, TOBACCO ADDICTION/USE, AND OBESITY.

Charles Tadros, M.D.

August 24, 2021

Saint Louis, Missouri

OFTEN I HAVE HAD TO REMIND PATIENTS, BEFORE A PAINFUL PROCEDURE, WHEN THEY WERE STILL PRETTY COMFORTABLE, THAT WE ARE PURPOSEFULLY CAUSING CONTROLLED PAIN NOW, IN ORDER TO AVOID EVEN BIGGER PAINS AND BIGGER PROBLEMS IN THEIR FUTURE…

routinely drawing blood for preventative testing.

injecting an immunization in order to avoid becoming infected and infectious.

removing a kidney stone before it becomes too big to pass on its own.

removing a gall bladder, which had give the patient painful gall bladder attacks in the past, but the patient has had no further pains.

performing a bone marrow biopsy due to anemia, or a kidney biopsy for kidney failure, or a liver biopsy for cirrhosis, even when the patient had not experiencing significant symptoms yet.

Charles Tadros, M.D.

August 23, 2021

Saint Louis, Missouri

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