White Coat Investor Podcast

WCI #256: Common Sense Investing with Rick Van Ness

Mar 31, 2022
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ANECDOTE

Career Pivot Into Financial Education

  • Rick Van Ness lost his long-term HP engineering job and pivoted to teaching finance after being laid off.
  • He leveraged MBA training and YouTube to reach a much larger audience with personal finance education.
ADVICE

Write A One-Page Financial Plan

  • Write a one-page workable financial plan and iterate until it reflects your values.
  • Use the plan to surface knowledge gaps and keep important goals visible in daily life.
ADVICE

Begin Saving Early (But Start Now If Late)

  • Start saving early and create a concrete plan to pay student loans while saving.
  • If you start late, calculate what you need and increase tax-advantaged saving without taking inappropriate investment risk.
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