Max Out of Pocket

Telehealth In A Nutshell: What Are My Options?

Most of us try and stay out of the doctor’s office. Max is no different. But in some cases, we just need some help from a doctor. Traditionally, these services were provided in a face-to-face office setting where our doctor can poke and prod us if needed. In the industry, we often call a common office visit the “evaluation and management” of a patient. The doctor is essentially evaluating and managing a problem. They have...

Max’s Back Pocket Volume VIII

I’m new to Twitter. I am still trying to figure out if it is worth my time or not. I’m having some fun with it, though. Last week, I ran my first ‘Twitter poll’ to figure out if these weeks are going by fast or slow. I really can’t tell. In some respect, they are flying by. By other measures, they are going at a snail pace. The majority of my massive Twitter following seems...

Max Out of Pocket’s Q1 2020 Spending

What can I say? I guess the quarantine got me curious. The current state of the markets and ongoing pandemic motivated me to check in on our spending patterns for the first three months of 2020. In finance, we call this ‘quarter one’ (Q1 2020). I was thinking this would be more of a ‘yearly’ update on the blog. I suppose it doesn’t hurt to check in more often if I feel like it. To...

How Much Cash Should I Keep In My Pocket?

Cash. When things get tough, cash is king. If the total stock market falls 30%, cash holds its value. When bonds fall 10%, cash holds its value. Call it a security blanket. But it can be an expensive blanket. The expense comes in the form of inflation. The problem is, as the cost of goods and services rise, cash stays flat. It loses its purchasing power over time. A $10,000 “stack of high society” tucked...

Max’s Back Pocket Vol. VII

Another Saturday is here and is see flurries coming down again. Aside from the cold weather, I have to say this has been my best week yet coping with our new normal. I am not exactly sure what clicked, but my overall stress level has normalized and my mood has generally been positive about everything. It is pretty amazing how adaptable humans are. I already enjoy the simple things life has to offer, but that...