Term life insurance policy (2 policies) Whole life insurance policy Medical/healthcare insurance Vision care insurance Dental health insurance Motor vehicle insurance (4 cars…dang kids) Homeowner’s insurance Personal articles policy Umbrella insurance policy Medical malpractice insurance Disability Insurance Business overhead insurance Business interruption insurance Trip insurance Reinsurance (yep, I didn’t make this one up) (What IContinue reading “For years, these insurance premiums became my/ my family’s biggest single category expense…”
Tag Archives: risk
WORKERS WANT THEIR BOSSES TO CATCH OTHER WORKERS NOT DOING THEIR JOBS. BOSSES CANNOT RELY ON WORKERS TURNING IN THEIR COLLEAGUES AND FRIENDS, EVEN THOUGH POOR PERFORMANCES FROM SOME WORKERS SHIFT MORE WORK, RESPONSIBILITIES, AND RISK ONTO THEIR FRIENDS AND COLLEAGUES.
Charles Tadros, M.D. August 12, 2022 Saint Louis, Missouri
BIDE YOUR TIME. IN ANY DOMAIN WHICH REQUIRES KNOWLEDGE, SKILL, AND EXPERIENCE, THEN BEING PATIENT, AND PERSISTENT INCREASE YOUR CHANCES OF SUCCESS.
This does not apply for domains where the odds (no matter how small) are stacked against you. For instance, the longer you persist in gambling, smoking tobacco, or using risky driving behaviors on public roads, the more likely you are to encounter a catastrophic outcome for you or somebody else. Charles Tadros, M.D. May 1,Continue reading “BIDE YOUR TIME. IN ANY DOMAIN WHICH REQUIRES KNOWLEDGE, SKILL, AND EXPERIENCE, THEN BEING PATIENT, AND PERSISTENT INCREASE YOUR CHANCES OF SUCCESS.”
SPECULATING (“investing”) IN ALMOST ANY CRYPTOCURRENCY IS SIMILAR TO HAVING UNPROTECTED SEX WITH A STRANGER… MAYBE SOMEBODY WILL GET AWAY WITH IT, OR MAYBE SOMEONE WILL GET PREGNANT, OR MAYBE SOMEBODY WILL GET AN STD. CRYPTOCURRENCY AND NFT SPECULATIONS HAVE AN ENORMOUS NUMBER OF UNKNOWNS, ARE ESSENTIALLY UNREGULATED, AND PROVIDE NO PROFESSIONALS OR ORGANIZATIONS TO EXPLAIN OR ASSIST THOSE OF US WHO ARE LOST, OR ARE IN TROUBLE. THESE SEVERE LIMITATIONS MAKE THEM INAPPROPRIATE FOR ALMOST ANYONE TRYING TO PAY DAY-TO-DAY BILLS OR WHO ARE RETIREMENT FOCUSED.
Charles Tadros, M.D. December 26, 2021 Saint Louis, Missouri
WHAT DO WE REALLY MEAN WHEN WE SAY THAT, “I WILL TRY ANYTHING ONCE.”? WHAT DO WE UNDERSTAND WHEN WE ARE TOLD TO, “TAKE A CHANCE.”?
What I suspect that we and others mean is for us to take a chance as long the action has no long-term or permanent health, financial, relationship or social adverse consequences. A less eloquent, but more accurate statement might be, “TAKE A CALCUALED RISK. IF IT WORKS OUT, THEN, GREAT! OH, BY THE WAY, IFContinue reading “WHAT DO WE REALLY MEAN WHEN WE SAY THAT, “I WILL TRY ANYTHING ONCE.”? WHAT DO WE UNDERSTAND WHEN WE ARE TOLD TO, “TAKE A CHANCE.”?”
FINE, “YOUR GENES ARE NOT YOUR DESTINY.”, BUT THEY PUT YOU ON A FAST TRACK, GOING IN ONE DIRECTION.
June 6, 2021 Charles Tadros, M.D. Saint Louis, Missouri
WHEN YOU VOLUNTARILY TIGHTEN YOUR FINANCIAL BELT, YOU …
Have more of a sense of responsibility, and more of a sense of ownership, than just with your finances Have more sensitivity to wastefulness Have financial investments that tend to become more conservative Have an appreciation for low cost or free items and opportunities Have an increased sensitivity to gratefulness Have more of an appreciationContinue reading “WHEN YOU VOLUNTARILY TIGHTEN YOUR FINANCIAL BELT, YOU …”