Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking

What a toddler can teach physicians about the stock market

Dads Dollars Debts, MD
Finance
January 20, 2018
Share
Tweet
Share

We are now almost 2 1/2 years into this parenting thing. It is a pretty amazing thing, raising a toddler. There are a lot of awesome days, watching him learn and explore his surroundings. The sentences that are coming out of his mouth now are pretty wild. He is funny, has a good amount of potty humor, and is all around a cool kid (at least I think so).

That is most days.

Other days he kicks our ass like Rocky versus Ivan Drago! We think we have it all figured out and then bam, he knocks us out.

It’s not the tantrum; that’s expected. It’s the sleep or should I say lack thereof. I think it has been a solid 30 plus months since my wife has slept through the night. She bravely handles most of this.

It’s not just the lack of sleep but the instability. He will go two weeks sleeping great. My wife and I think we finally have it figured out. We are over the hump. The kid is gonna make it. He really is going to start sleeping through the night.

Then, he reverts. No more good sleep habits. He wants to play. Or worse, scream. Scream through the night. Not let us calm him down. Basically causing panic and disarray throughout the night.

For the first 1 1/2 years, this ebb and flow of sleep would get to us. We would rejoice when he slept and despair when he didn’t. Would this be a permanent state? What can we do? What should we do?

Eventually, we figured it out. He is a kid. Kids change daily, and we as parents have to understand that. No need to despair. Just stay strong, and growth and stability will come once again.

So you may wonder, what does this have to do with the stock market?

Well, everything. As the market crashes (which many think will happen soon), don’t despair. Don’t panic. Don’t sell all of your assets. Sit tight and realize that this too shall pass much like it has in the past.

The market can be like a fickle, mercurial toddler happy one day and not the next.

Past performance, good or bad, does not accurately predict future performance. The market may be cozy now, but a day will come where she is no longer sleeping.

At that moment of panic, just remember the story of the toddler and the parents with no sleep. It is a sad story, but one that will end with a happy ending, presumably when he is 15, and we can’t get him out of bed at all. Screaming at him that it is time to go.

So don’t panic, the kid will sleep soon. And the market will recover even sooner.

ADVERTISEMENT

“Dads Dollars Debts” is a cardiologist who blogs at his self-titled site, Dads Dollars Debts.

Image credit: Shutterstock.com

Prev

If politicians really want to address the problems in health care, this is what they should do

January 20, 2018 Kevin 4
…
Next

10 ways this primary care physician will work smarter in 2018

January 20, 2018 Kevin 1
…

Tagged as: Practice Management

Post navigation

< Previous Post
If politicians really want to address the problems in health care, this is what they should do
Next Post >
10 ways this primary care physician will work smarter in 2018

ADVERTISEMENT

More by Dads Dollars Debts, MD

  • Being financially secure is different than being financially independent

    Dads Dollars Debts, MD
  • A physician’s financial advice to his widow

    Dads Dollars Debts, MD
  • One house, one spouse, one job. How did this physician do?

    Dads Dollars Debts, MD

Related Posts

  • Are patients using social media to attack physicians?

    David R. Stukus, MD
  • The risk physicians take when going on social media

    Anonymous
  • Beware of pseudoscience: The desperate need for physicians on social media

    Valerie A. Jones, MD
  • When physicians are cyberbullied: an interview with ZDoggMD

    Monique Tello, MD
  • Surprising and unlikely rewards of social media engagement by physicians

    Lisa Chan, MD
  • Physicians who don’t play the social media game may be left behind

    Xrayvsn, MD

More in Finance

  • Physician asset protection: a guide to entity strategy

    Clint Coons, Esq
  • Why malpractice insurance isn’t enough

    Clint Coons, Esq
  • Physician night shifts: Analyzing the financial and personal trade-offs

    Rob Anderson, MD
  • How to navigate private equity in medicine

    David B. Mandell, JD, MBA
  • wRVU threshold risks in physician contracts

    Dennis Hursh, Esq
  • Physician entrepreneurship and financial freedom

    David B. Mandell, JD, MBA
  • Most Popular

  • Past Week

    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Why insurance must cover home blood pressure monitors

      Soneesh Kothagundla | Conditions
    • The dangers of oral steroids for seasonal illness

      Megan Milne, PharmD | Meds
    • 5 things health care must stop doing to improve physician well-being

      Christie Mulholland, MD | Physician
    • Catching type 1 diabetes before it becomes life-threatening [PODCAST]

      The Podcast by KevinMD | Podcast
    • The consequences of adopting AI in medicine

      Jordan Liz, PhD | Tech
  • Past 6 Months

    • The blind men and the elephant: a parable for modern pain management

      Richard A. Lawhern, PhD | Conditions
    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Is primary care becoming a triage station?

      J. Leonard Lichtenfeld, MD | Physician
    • Psychiatrists are physicians: a key distinction

      Farid Sabet-Sharghi, MD | Physician
    • Why feeling unlike yourself is a sign of physician emotional overload

      Stephanie Wellington, MD | Physician
    • The U.S. gastroenterologist shortage explained

      Brian Hudes, MD | Physician
  • Recent Posts

    • Tangible support saves health care workers from systemic collapse [PODCAST]

      The Podcast by KevinMD | Podcast
    • The anticoagulant evidence controversy: a whistleblower’s perspective

      David K. Cundiff, MD | Meds
    • 5 things health care must stop doing to improve physician well-being

      Christie Mulholland, MD | Physician
    • Is tramadol really ineffective and risky?

      John A. Bumpus, PhD | Meds
    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Mindfulness in the journey: Finding rewards in the middle

      Diane W. Shannon, MD, MPH | Physician

Subscribe to KevinMD and never miss a story!

Get free updates delivered free to your inbox.


Find jobs at
Careers by KevinMD.com

Search thousands of physician, PA, NP, and CRNA jobs now.

Learn more

Leave a Comment

Founded in 2004 by Kevin Pho, MD, KevinMD.com is the web’s leading platform where physicians, advanced practitioners, nurses, medical students, and patients share their insight and tell their stories.

Social

  • Like on Facebook
  • Follow on Twitter
  • Connect on Linkedin
  • Subscribe on Youtube
  • Instagram

ADVERTISEMENT

ADVERTISEMENT

  • Most Popular

  • Past Week

    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Why insurance must cover home blood pressure monitors

      Soneesh Kothagundla | Conditions
    • The dangers of oral steroids for seasonal illness

      Megan Milne, PharmD | Meds
    • 5 things health care must stop doing to improve physician well-being

      Christie Mulholland, MD | Physician
    • Catching type 1 diabetes before it becomes life-threatening [PODCAST]

      The Podcast by KevinMD | Podcast
    • The consequences of adopting AI in medicine

      Jordan Liz, PhD | Tech
  • Past 6 Months

    • The blind men and the elephant: a parable for modern pain management

      Richard A. Lawhern, PhD | Conditions
    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Is primary care becoming a triage station?

      J. Leonard Lichtenfeld, MD | Physician
    • Psychiatrists are physicians: a key distinction

      Farid Sabet-Sharghi, MD | Physician
    • Why feeling unlike yourself is a sign of physician emotional overload

      Stephanie Wellington, MD | Physician
    • The U.S. gastroenterologist shortage explained

      Brian Hudes, MD | Physician
  • Recent Posts

    • Tangible support saves health care workers from systemic collapse [PODCAST]

      The Podcast by KevinMD | Podcast
    • The anticoagulant evidence controversy: a whistleblower’s perspective

      David K. Cundiff, MD | Meds
    • 5 things health care must stop doing to improve physician well-being

      Christie Mulholland, MD | Physician
    • Is tramadol really ineffective and risky?

      John A. Bumpus, PhD | Meds
    • Why patient trust in physicians is declining

      Mansi Kotwal, MD, MPH | Physician
    • Mindfulness in the journey: Finding rewards in the middle

      Diane W. Shannon, MD, MPH | Physician

MedPage Today Professional

An Everyday Health Property Medpage Today
  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Leave a Comment

Comments are moderated before they are published. Please read the comment policy.

Loading Comments...