• How to be Frugal
  • Doctors Go Digital Globally
  • Americans Will Spend More on Summer Vacations
  • Shrinking U.S. Deficit Charges Politics
  • Insight into Health Care Cost Disparities
PERSONAL FINANCE
  • Tips for Handling Financial Shifts
    Ginny Grimsley
    You don’t have to be a trader on the world’s markets to experience the financial roller coaster. A market analyst shares five tips for anyone dealing with lifestyle changes and money fluctuations.
  • How to be Frugal
    Laura Joszt
    Being frugal isn't just for those tight on money — some of the so-called "rich" got that way by being thrifty. They sacrificed impulse buys for financial security and independence. Anyone can do it, according to advice from these pros.
INVESTING
  • Three Dreamy Small Cap Stocks
    Tracey Ryniec
    Small cap stocks may be risky, but the returns can be much greater than they would be for a big cap like Johnson & Johnson. Here are three dream small cap stocks.
  • Final Exam: Turn $10K into $944,806
    Marc Lichtenfeld
    A discussion on the importance of dividend-paying stocks and how a $10,000 investment can make you a millionaire by the time you retire.
RETIREMENT/PLANNING
PRACTICE MANAGEMENT
LIFESTYLE
  • Least Stressed-Out Countries
    Laura Joszt
    Money doesn’t necessarily make people happy, but it certainly helps. The least stressed-out countries had the highest GDP per capita and the lowest income inequality.
  • The Pickpocket Threat in Europe
    Eric Anderson, MD, and Nancy Anderson, RN
    On top of the problems that make flying such a pain, there is the need to be careful about theft also. In Europe, the problem may be increasing based on these accounts. However, there are some steps that can be taken as extra protection.
COLUMNS
  • Jeff Brown, MD
    Many agencies and groups have discovered the startling differences that can occur in health care spending from one state to another. The evidence of these wide and glaring discrepancies is pertinent to every physician and training program.
  • Shirley Mueller, MD
    At current tuition levels wouldn't you prefer go to college rather than pay for someone else? Shirley Mueller took her chance to continue learning with One Day University.
  • Philippa Kennealy, MD, MPH, CPCC, PCC
    While practicing medicine, Rich Sagall, MD, acquired multiple ancillary skills in anticipation of the day when providing care one-on-one to patients would no longer satisfy his sense of purpose.
Ask the Expert
Pickpocket
Have you ever fallen victim to pickpockets while on vacation?
Yes.
No.
Tourists
Do you think your fellow countryman and women are poorly behaved tourists?
Yes.
No.
They're no worse than the rest of the world.
Student Loans
Do you have any regrets about how you financed your/your child's college education?
Yes.
No.
May
Do you subscribe to the investing theory to "Sell in May and go away"?
Yes.
No.
I let my investment advisor handle that.
Specialty
What is your specialty?
Primary care
Neurology
Cardiology
Gastroenterology
Other
Money
Do money discussions make you uncomfortable?
Yes.
Sometimes; it depends who I'm talking to.
No.
Practice Business
Who handles the business side of your practice?
I do.
My office manager.
Another physician in the practice.
I have no idea.
Gold
Do you think gold's price has recovered from recent volatility or will it fall again?
Gold will increase.
Gold will stay flat.
Gold will fall.
I have no idea.
Payroll Tax
Have you felt the effect of January's payroll tax increase?
Yes, but it doesn't bother me.
Yes, and I'm stressed.
No.
Scam
Have you ever fallen victim to a financial scam?
Yes.
No.
Cost of Living
Would you be willing to move to another state if it meant a cheaper cost of living?
Yes.
I don't know.
No.
Social Media
Do you use social media to interact with patients/clients/consumers?
Yes, all the time!
Yes, but I'm careful.
No, but I want to.
No, and I don't want to.
I don't use social media at all.
Retirement Savings
What’s your biggest retirement financial concern?
Outliving my savings.
Inflation outpacing my investments.
Paying for health care/long-term care..
Not having enough to ever retire.
Tax Refund
How will you be using your tax refund this year?
I will use it for day-to-day expenses.
I will splurge on a trip/big-ticket purchase.
I will save it.
I will pay down debt with it.
Finance Crisis
It has been five years since the financial crisis. Do you feel more or less financially prepared as a result of the crisis?
More prepared.
Less prepared.
I don't know.
Burnout
Are you feeling burned out?
Yes.
No.
Real Estate
Would you invest in real estate right now?
Yes.
No.
Job Satisfaction
What do you consider to be the largest factor for your job satisfaction?
Patient relationships.
Promoting the health of individuals.
Intellectual stimulation.
Financial rewards.
Prestige of medicine.
Turnover
Have you noticed an increase in physician turnover where you work?
Yes.
No, but I expect there will be this year.
No, and I don't expect there to be any.
Intervention
Should our political leaders intervene in citizens' health with things like soda taxes?
Yes.
I'm not sure.
No.
Audit
Have you ever been audited?
Yes.
No.
EHR/EMR
How satisfied are you with your EMR/EHR?
Very satisfied.
Slightly satisfied.
Slightly dissatisfied.
Very dissatisfied.
I haven't used an EHR/EMR yet.
Malpractice
Have you been involved in medical malpractice litigation?
Yes, as a defendant.
Yes, as a plaintiff.
No.
No, but a close colleague has.
Sequestration
Sequestration took effect on Friday; were you surprised Congress wasn't able to make another last-minute deal?
Yes.
No.
Tax Cheating
Is it acceptable to cheat on your taxes?
Yes; a little here and there.
Yes; as much as possible.
Never.
EHR Productivity
How long after launching an EHR did it take for your practice to return to full productivity?
Less than three months.
Three to six months.
More than six months.
We haven’t implemented an EHR yet.
Networking
Are you comfortable networking and promoting yourself?
Yes; I do it frequently.
No; but I do it anyway.
No; I avoid it at all costs.
Sequestration
Do you think Congress will prevent the across-the-board budget cuts when it's back in session?
Yes.
No.
I'm not sure.
Emergency funds
Do you have sufficient emergency funds?
Yes; enough for at least six months.
Yes; enough for at least three months.
Maybe; enough for at least one month.
No; I have no emergency funds.
Tax Refund 2013
Will you be receiving a tax refund this year?
Yes.
No.
Not sure yet.
Sunshine Act
How well do you know and understand the Sunshine Act?
Very well.
Not as well as I should.
Not at all.
It doesn't affect me.
Money and Relationships
Do you and your significant other discuss finances often?
Yes.
No; we each do our own things.
No; one of us controls the money.
It's not an issue for me.
Super Bowl
Will you be betting on the Super Bowl this weekend?
Yes.
No.
I don't even know who is playing.
Stocks
U.S. stocks recently passed five-year highs; what are your expectations for the rest of 2013?
Stocks will continue to climb.
Stocks will mostly stay flat.
Stocks will fall from here.
Diagnosis
Have you had any experience with overdiagnosis or misdiagnosis?
Yes.
No, but friends/family/colleagues have.
None at all.
Back Taxes
Do you have any back taxes to file?
Yes.
No.
I don't remember.
Online Reviews
Do you check online physician reviews from patients?
Yes.
No.
ACO
What has been your experience with Accountable Care Organizations?
They have been beneficial.
They haven't helped health care any.
I'm not involved in one.
I have no opinion.
Tax Prep
Have you started thinking about your taxes?
Yes.
No.
Resolutions
Did you make any New Year's resolutions?
Yes.
Yes, but I've already broken it.
Not this year.
I never do.
Fiscal Cliff Legislation
Are you happy with the legislation Congress passed to avert the fiscal cliff?
Yes.
No.
I haven't looked at it yet.
2012 recap
Was 2012 a good year for you financially?
Yes.
No.
Markets 2013
What are your expectations for the stock market in 2013?
Up compared to 2012.
Down in the beginning, but up in the second half.
Down from 2012.
Investing
Would you ever in invest in penny stocks?
Yes, I would consider it.
Yes, I already do.
No, never.
Marketing
Do you blog as part of your marketing plan?
Yes.
No.
Medicare/Medicaid
Will you still accept Medicare and Medicaid patients in 2013?
Yes, both.
Only one, not both.
I won't accept either.
I don't accept either now.
Work-Life
How well are you managing work-life balance?
Very well.
I'm doing okay.
I'm horrible at it.
Retiring
Are you considering retiring abroad?
Yes.
No.
I don't know yet.
Fiscal Cliff Coverage
How closely are you following the fiscal cliff story?
Very closely.
Moderately closely.
Somewhat closely.
Not at all.
E-Prescribing
How often do you e-prescribe?
Less than 15% of the time.
16% to 30% of the time.
31% to 50% of the time.
51% of the time or more.
End of Year 2012
Have you made all your tax-planning and investment moves for the end of 2012 yet?
I'm not sure.
No.
Yes.
Holiday Shopping 2012
Do you go shopping on Black Friday or Cyber Monday for holiday gifts?
Of course!
Yes, but for myself.
Definitely not on Black Friday.
I don't shop on either day.
SGR 2013
What's the fate of the expected 27% Medicare reimbursement cut?
Congress will prevent it from being implemented.
Congress will get rid of the SGR this year.
The cuts will happen because of the fiscal cliff.
Fiscal Cliff
Do you think Congress will avert the fiscal cliff by the end of 2012?
Yes.
No.
Stocks React to Election
How will the stock market react in the week following the election?
Big gains.
Small gains.
Mostly flat.
Small losses.
Big losses.
Election 2012
Is your mind already made up about the presidential election?
Yes. I've known for a while.
No. I keep changing my mind.
I'm not voting.
Tax Climate
How is the business tax climate where you live?
Too burdensome.
About average.
No complaints.
V.P. Debate 2012
What did you think of the V.P. debate last week?
Nothing wrong with a little sarcasm.
Joe Biden was way out of line.
I didn't watch.
Presidential Debate 2012
How do you think President Obama’s poor debate performance will affect the election?
The debate is proof that Mitt Romney will win.
The debate doesn’t matter; Barack Obama will be re-elected.
The election will be too close to predict.
Abbott Laboratories
Should Abbott's Richard Gonzalez get a free pass on the lie about his college degrees considering his 30-plus years of work experience at Abbott?
Yes.
No.
I'm not sure.
Retirement Savings
How confident are you that you're currently saving enough to live comfortably during retirement?
Very confident.
Slightly confident.
Not confident.
I have no idea.
I'm already retired.
QE3
Are you happy with the Fed's third round of quantitative easing?
Yes, it's what the economy needs.
No, it's not going to fix anything in the long run.
I don't actually understand what QE does.
Stocks and Election
The conventions are over and we're into election season. How do you think the stock market will behave until Nov. 7?
The market will slide.
The market will show gains.
The market will be mostly flat until after the election.
Costs
Have you seen cost of services go up as independent practices are acquired by hospitals and hospital systems?
No, I haven't seen a significant change.
Yes, by more than 31%
Yes, by 21% to 30%
Yes, by 11% to 20%
Yes, but by less than 10%.
Mobile EHR
Would you like to be able to access an EHR from your mobile device?
Yes
No
I already can and do
I already can, but don't
Investing
Would you invest in real estate right now?
Yes
No