Resident Physician Contributing Writer
Beaumont Health System
Born and raised in a small town, Dr. Nasmyth Loy earned his first dollars by doing chores around the house as a child. After overhearing his grandmother talking about money and learning more about the art of financial investing from his parents, he was hooked. He started investing every dollar he could and -- more than twenty-five years later -- he still makes investing a priority. Following college, he worked in financial consulting and real estate before deciding to enter medical school. He is now an orthopaedic surgery resident and lives with his wife, a nurse practitioner, and their daughter.
Albert Einstein said, “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” The whole idea of investing is to take advantage of compound interest. Here are a few general principles to live by.
Resident Physician Contributing Writer
Beaumont Health System
Born and raised in a small town, Dr. Nasmyth Loy earned his first dollars by doing chores around the house as a child. After overhearing his grandmother talking about money and learning more about the art of financial investing from his parents, he was hooked. He started investing every dollar he could and -- more than twenty-five years later -- he still makes investing a priority. Following college, he worked in financial consulting and real estate before deciding to enter medical school. He is now an orthopaedic surgery resident and lives with his wife, a nurse practitioner, and their daughter.
