Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

Smart Investing: Moneywise Doctor Subscriber Shares Her Investing Journey

14 Aug 2024 · 1 min

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A subscriber (a doctor) describes her personal investing journey: she first built an emergency fund, then began investing in the S&P 500 after researching options and concluding that, as a beginner with limited time, an S&P 500 investment suited her needs. The speaker emphasizes time constraints from medical practice as a reason to prefer passive/index investing.

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So I built my emergency fund, and I also started investing in the S&P 500 that you mentioned. Okay. I did further research, and I realized as a. As a beginner in investment in stocks, that that was likely the best option for me. And being a doctor, we might not always have the time to do the full analysis and follow the market as much as you might need to. So SMP 500 seemed like the good option at the time.