White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
Host, Dr. James Dahle, is a practicing emergency physician and founder of the White Coat Investor Blog. Like the blog, the White Coat Investor Podcast, is dedicated to educating medical students, residents, physicians, dentists, and similar high-income professionals about personal finance and building wealth, so they can ultimately be their own financial advisor—or, at least know enough to not get ripped off by a financial advisor! We tackle the hard topics like the best ways to pay off student loans, how to create your own personal financial plan, retirement planning, how to save money, investing in real estate, side hustles, and how everyone can be a millionaire by living WCI principles. Learn more at http://whitecoatinvestor.com/
Episodes
Mentioned books
9 snips
Apr 4, 2024 • 57min
WCI #361: Financial Pathways for Attorneys
Lawyer Chris Avery discusses education costs for legal professionals, income disparities between big law and small firms, and the financial implications of student loans for lawyers versus physicians. The podcast delves into law school scholarships, alternative career paths, and the importance of understanding personal finance in the legal profession.
Apr 1, 2024 • 26min
MtoM #164: Orthopedist Starts a Real Estate Empire as a Resident and Finance 101: Real Estate Professional Status
An orthopedist shares how he started a multi-million dollar real estate empire during residency by learning about real estate and finances. The discussion also covers the advantages of physician mortgages, transitioning to conventional mortgages, and prioritizing retirement investments. Additionally, insights on real estate investing for physicians, becoming a real estate professional, and utilizing depreciation deduction are provided.
Mar 28, 2024 • 48min
WCI #360: Student Loans and Filing Your Taxes
This podcast discusses tricky student loan questions in relation to taxes, filing taxes in med school, being married on the PSLF track, and the SAVE plan. It also touches on locum tenens as a career solution for healthcare professionals and the importance of seeking professional financial advice.
Mar 25, 2024 • 20min
MtoM #163: 74 Year Old Woman Becomes A Millionaire and Finance 101: Choosing a 529 Plan
An inspiring interview with a 74-year-old woman who became a millionaire, highlighting the importance of persistence and pursuing passion. Discussing the significance of choosing a 529 plan for education savings and providing physicians with contract negotiation resources. Also, exploring real estate investments, asset allocation, and the power of surrounding oneself with supportive individuals for entrepreneurial success.
31 snips
Mar 21, 2024 • 1h 15min
WCI #359: Tax Deferred vs. Roth Contributions: A Deep Dive
In this podcast, they delve into the complexities of Roth IRAs, Backdoor Roth, Mega backdoor Roth, and Roth conversions. They discuss the importance of determining pre or post tax contributions considering tax rates. The conversation progresses from a basic to advanced level, exploring tips and tricks for making financial decisions. Guest expert Chris Daven shares insights on personal finance, while highlighting the benefits of retirement accounts and maximizing after-tax income in retirement.
Mar 18, 2024 • 29min
MtoM #162: Ophthalmologist Acquires $50 Million and Finance 101: Estate Taxes
Retired ophthalmologist shares secrets to his $50 million portfolio success, advocating for strategic living and business ownership. Finance 101 covers estate taxes and the Fire Your Financial Advisor online course for comprehensive financial education.
Mar 14, 2024 • 55min
WCI #358: What to Do When You Don't Match, and Annual Survey Results
Discover what to do if you don't match, annual survey results, risks of investing with family, tax consequences of annuities, and financial planning for high-income years in medicine.
Mar 11, 2024 • 29min
MtoM #161: Nurse Becomes a Millionaire and Finance 101: How to Get Started
A nurse becomes a millionaire with financial education, reaching goals early. Advice on using financial advisors for doctors and starting your financial journey. Discussion on balancing debt and lifestyle, starting financial planning from scratch, and empowering wealth building strategies.
Mar 7, 2024 • 58min
WCI #357: Roth IRAs, Conversions and Backdoor Contributions
In this episode, they cover Roth IRAs, conversions, and contributions. They discuss living like a resident and the difference between wants and needs, including Jim's big truck. The episode also touches on financial planning strategies for physicians and optimizing Roth IRA contributions and conversions.
Mar 4, 2024 • 23min
MtoM #160: Dermatologist Pays Off Student Loans In Less Than A Year And Finance 101: Physician Mortgages
A dermatologist shares how he paid off student loans and built a $150K net worth within a year, navigating private equity challenges. Discusses physician mortgages for young doctors with insights on down payments and refinancing options for financial stability.
