Index Funds: Better investing for overtaxed doctorsMay 04, 2022
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.
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