ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 56: The 3 Ways To Invest Your Money

How are you invested? It’s a tough question that we find most ER Docs don’t have a concise answer for. It makes sense: medical school and residency did not prepare ER Docs to be investment-savvy. And that’s not necessarily a bad thing… as long as you know where to turn to receive good advice. Meaning, advice founded in academics.

How are you invested? It’s a tough question that we find most ER Docs don’t have a concise answer for. It makes sense: medical school and residency did not prepare ER Docs to be investment-savvy. And that’s not necessarily a bad thing… as long as you know where to turn to receive good advice. Meaning, advice founded in academics.

That’s why, in this episode, we are giving an Investing 101 crash course. Why? So you can feel confident in the way you’re investing or know when it may be appropriate to make changes to your portfolio, if necessary.

Topics Discussed:     
  • Three ways to invest your money.
  • What an investment policy statement is.
  • What active investing is.
  • How likely you are to be successful as an active investor. 
  • The importance of being diverse in your investments. 
  • What indexing is.
  • The benefit of practicing evidence-based investing.

Resources Mentioned:

ERdocadvisor.com  

Tags

planning, financial planning, ER doctor, doctors, investing, active investing