ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 185: Did You Know...?

One thing about being in the field of personal finance is nobody will know everything. And the same is true for the field of emergency medicine. Yet, we do our best to acquire as much information as possible and pass that knowledge along.

On today’s episode, we’ll go over certain misnomers or confusions we often see when it comes to personal finance and leverage our 15+ years of knowledge to address them so you can be that much more prepared and equipped when it comes to your own finances.

Topics Discussed:   

  • A common misconception when it comes to the S&P 500.
  • How to look into any investment firm.
  • Lump sum investing vs. dollar cost investing.
  • The truth about setting up an LLC.
  • The upside to a delayed tax refund.
  • A simple math trick to figure out how your money will grow with different interest.
  • One reason why you may not face a penalty for filing taxes late.
  • The relationship between audits and extensions.

Resources Mentioned:

Tags

finances, financial misnomers, financial confusion, ER doc finances, financial planning, financial planner, emergency medicine, ER docs, emergency doctors