Welcome to the Financial MD Show. This is the only podcast designed specifically for residents and young physicians to help you become educated on financial planning for physicians and avoid many of the common financial mistakes doctors make. Your hosts, Jon and Trevor, explore a different topic with each episode. Jon Solitro is a financial planner and certified financial education instructor. He’s been working with young physicians for the better part of the decade and lectures to graduate medical programs around the country. Dr. Trevor Smith is a board certified ophthalmologist with a full time practice and he has learned the ins and outs first-hand what it takes to make smart financial decisions as a young physician. And now here’s your hosts, Jon and Trevor.
Jon gives a quick primer on IPO's (initial public offerings) and how you can get in on the ground floor of a company's stock. He also discusses if that is a good idea, and are you really getting a good price on that stock? #doctors #personalfinance #studentloans #stocks #investing
Residents need help too - that’s why we started FinancialMD! Jon is a financial planner, and Trevor is a doctor, and together they give you the breakdown of what FinancialMD is, and how it helps residents. Here’s a hint - there are things residents can do TODAY. That can make a positive impact on their future finances. Jon shares the technical financial side, and Trevor knows firsthand what to do and what not to do as a young physician. Don’t miss an episode!
On today's Didactic Minute, Jon explains what a back door Roth IRA is, the second most common question, aside from student loans. He explains how to do it, and why you would want to.
There's lots of talk around the country about the new administration forgiving #studentloans. It's fairly easy to tell how this will impact you - but how will this impact the economy, in reality?
In today's episode, Jon discusses other great financial resources for physicians and residents, including White Coat Investor, The Physician Philosopher, and Physician On Fire.