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White Coat Investor Podcast

Latest episodes

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Oct 9, 2023 • 21min

MtoM #139: Academic Pulmonologist Hits Half Million Dollar Net Worth and Finance 101: Financial Advisors

An academic pulmonologist shares his journey to achieving a half million dollar net worth and taking control of his finances. Topics include firing a salesman financial advisor, building wealth, increasing savings, and the importance of finding a trustworthy financial advisor. The podcast also discusses the speaker's path to financial independence and their work in ICU telemedicine.
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Oct 5, 2023 • 54min

WCI #335: Solo 401(k) Questions

Topics discussed include: changing from W2 to K1, creating an S-Corp, converting old IRAs to solo 401(k)s, financial advisor recommendations, setting up an S-Corp and determining a fair salary, consolidating multiple solo 401(k) plans, investment advisor disclosures and fee structures, hourly and retainer models for financial planning, asset allocation and value vs. growth stocks, portfolio construction and financial planning, and the need for a backup plan in managing finances.
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Oct 2, 2023 • 23min

MtoM #138: Doc Helps Change His 401(k) Plan and Finance 101: Tax Brackets

A doc shares his journey of advocating for changes to his employer 401(k) plan, resulting in the addition of after-tax contributions and mega back door Roth contributions. The podcast also discusses the keys to being a successful doctor and maximizing 401(k) contributions. Additionally, it debunked misconceptions about tax brackets and emphasized the importance of understanding the progressive income tax system.
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Sep 28, 2023 • 44min

WCI #334: How You’re Being Ripped Off By Incompetent and Corrupt CMS Bureaucrats with Dr. Alex Shteynshlyuger

Dr. Alex Shteynshlyuger educates doctors about payment processing fees, which cost them millions. They discuss regulations, third-party providers, and the impact on medical practices. The chapter also highlights the issue of prioritization in healthcare and the impact of incompetent and corrupt CMS bureaucrats.
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Sep 25, 2023 • 27min

MtoM #137: Roadie Becomes a Millionaire and Finance 101: Retirement Accounts for the Self Employed

Interview with a concert roadie who became a millionaire. Discussed alternative careers, living below means, retiring in affordable countries. Also covered retirement accounts for self-employed individuals like individual 401(k), Roth conversions, contribution limits, and more.
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Sep 21, 2023 • 46min

WCI #333: Investing in India's Stock Market and More!

Topics discussed in the podcast include agency bonds, investing HSA money, factor investing, investing in India's stock market, moonlighting and tax deductions, tax efficiency of ETFs vs mutual funds, and deducting expenses for independent contractors.
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Sep 18, 2023 • 30min

MtoM #136: Cutting Back To Full Time and Finance 101: Home Buying

A pathologist achieved financial stability by selling their house, shifting education costs, and not paying off student loans. The podcast also discusses the importance of disability and life insurance for doctors and provides guidelines for buying a home and doctor mortgages.
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Sep 14, 2023 • 1h 1min

WCI #332: Getting A Financial Plan In Place

Topics discussed in this episode include student loans, the SAVE program, HSAs as retirement accounts, having a written financial plan, the inability to time the market, and defined benefit plans.
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Sep 11, 2023 • 18min

MtoM #135: Opening a Franchise and Finance 101: Tilting Your Portfolio

A doctor facing burnout decided to open an indoor golf franchise while working part-time in podiatry. They found dividing their time between medicine and golf beneficial. After getting the franchise running, they plan to open their own practice. The podcast also discusses the advantages of indoor golf, finding work-life balance, tilting a portfolio towards smaller stocks, and a lease-to-own partnership offer for physicians and practice owners.
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Sep 7, 2023 • 51min

WCI #331: 401K and IRA Limits are Totally Separate

Today Dr. Dahle reminds us that 401K and IRA limits are totally separate. He once again reviews the changes that happened with the Secure Act 2.0 and then dives into a variety of your questions. Some of those questions are about 401(k)s, roth vs. traditional contributions, mega backdoor roth conversions, and what do with retirement accounts when transitioning from residency. Love what you hear on the podcast? Looking for more great White Coat Investor content? Head over to our YouTube channel where you can watch video recordings of our podcast, short snippets of financial tips explained succinctly by me and others, and deep dives into topics for more in depth learning. You can even learn all about real estate with webinars from our real estate partners. Check out all this and more at https://www.youtube.com/thewhitecoatinvestor. You can do this and The White Coat Investor can help. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

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