Index Funds: Better investing for overtaxed doctors

Physician Family Financial Advisors Podcast

Index Funds have numerous benefits for overtaxed doctors. But what is an index fund? Should doctors invest in index funds or keep their taxable account? What makes index funds different and what if a doctor wishes to sell their taxable accounts to invest in an index fund? Tune in for insight into how doctors can analyze their investment accounts and learn when it’s worth it to invest in an index fund.

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IN THIS EPISODE

• [02:26] A breakdown of taxable events.
• [05:00] What you get when you buy an index fund.
• [06:20] Watch what happens in your taxable account, it can make a big difference on your tax bill.
• [10:05] Three steps to analyze what you have in your taxable account.
• [14:38] A plan to repair a taxable account.
• [18:22] How to decide when it is worth it to sell security that is not an index fund to buy an index fund.

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.