What went wrong with DPC? Did you find people to cheap to be willing to pay for their own medical care?
On a tangent, I'm pretty clueless about put options, but I have a problem that I might be able to solve with one.
Let’s say I own a bunch of VTSAX (Vanguard total Stock market Index fund) in a taxable account; I would like to sell these funds now and place them in a money market account so that I can lock in my current gains and use the money for anticipated expenses (e.g. real estate purchases) within the next 12 months. However, for reasons that I cannot elaborate on, it is unwise for me to sell this until next year. To hedge against a possible downturn in the stock market I would like to purchase a put option as a sort of insurance policy. I understand that I can’t purchase a put option against a mutual fund but could do so against VTI which is a virtually identical composition.
Is this the best approach? Any gotchas to be aware of?
Yea building a practice is mostly a marketing game (expensive, difficult, and requires niche expertise), and I also realized how over my head I was since a majority of the initial interest was from those with multiple chronic issues. Think the 65-year-old with HFpEF, mild COPD, HTN, and chronic pain from who knows what. I quickly realized that this was going to be way more complicated than sitting at my computer, clicking buttons intelligently, and making solid money.
I could write a whole thing about it, but it's not as easy as it seems. I tried to transition to more of a DPC urgent care model, but people don't have a lot of need for that with all the fancy high-functioning urgent cares in my area. Remember, laypeople don't know that a PA or NP at a fancy-looking urgent care is poor quality. They just want their script, or note, or whatever, and thus it's hard to compete with an established operation with tons of google reviews, word of mouth reviews, and other inertia.
As for your options question, here's the best piece of advice I can give you, because answering it requires a pretty solid options 101 knowledge base.
Take your exact string of text that you posted above, From "Let's say i own...." to "Any gotchas to be aware of" and paste it directly into ChatGPT, Perplexity, Gemini, Grok, Claude, or whatever AI/LLM you have access to and add "explain this to me as if I have no experience trading options and want to learn."
If you've never used AI/LLMs before, consider this your opportunity to learn two skills at once.
I'm not trying to blow off your question, it's just that it has such an in-depth, complex, and multi-faceted answer that you're better off going at it in a step-wise way with an LLM who can drill down the pain points when it comes to your understanding.
Also post any questions you might have on the output in the options chat since I'm already derailing the crap out of this thread!