ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 95: Invest Now or Wait?

It’s human nature to want to escape a situation that is worsening. House is on fire? It’s probably best to get out. Boat is capsizing? The saying “abandon ship” exists for a reason. Given this reoccurring theme, we as humans are “anti-deterioration”, if you will. But when it comes to the stock market, is that the right mentality to have? To answer that, it takes an evidence-based look at things that, once viewed, may paint another picture.

On today’s episode, we’ll explore this topic and what the evidence says about what you should do with any extra cash you’re waiting to invest.

Topics Discussed:     
  • How much home prices have risen.
  • What measures are in place to hopefully lessen the rate of inflation.
  • Whether you should invest now when there is a dip in the market.
  • What you should do if you have cash to invest now.
  • How accurate the predictions for the market generally are.
  • Why timing the market does not work.
Resources Mentioned:


planning, financial planning, ER doctor, doctors, finances,

Scott Wisniewski, EA