White Coat Investor Podcast

WCI #87: The White Coat Investor Philosophy

Jan 3, 2019
Discover the philosophy that aims to bring financial happiness to physicians! The discussion highlights 12 essential strategies for enhancing financial wellness, such as low-cost investments and crucial insurance types. Learn how financial stability can improve both personal well-being and patient care. Delve into the world of taxes tailored for medical professionals, debunking common misconceptions and revealing smart investment tactics. Plus, explore student loan refinancing options that can lead to significant savings. Join the community for ongoing financial education!
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ADVICE

Financial Planning Boosts Happiness

  • Financial planning reduces stress, burnout, divorce, and suicide among physicians.
  • Happier doctors provide better patient care by focusing more on their patients.
ADVICE

Earn And Save To Build Wealth

  • Build wealth by earning and saving a lot, not by trying to out-invest others.
  • Save 20% of gross income and resist living like a doctor to grow wealth steadily.
ADVICE

Have A Written Investing Plan

  • Write and follow a reasonable investing plan you can commit to.
  • Investor discipline matters more than the specific investments you choose.
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