White Coat Investor Podcast

Explore the intriguing world of iBonds and whether they're still a sound investment choice. Discover the complexities of ASC investments and buffer assets while learning to make savvy asset allocation decisions. Delve into the fascinating dynamics of stock performance over long time horizons, and gain insights on factor investing by comparing small value and large growth stocks. This discussion highlights the importance of diversification and strategic financial planning for high-income professionals.

A dedicated OBGYN shares her impressive journey of taking a five-month maternity leave while growing her wealth by $200,000. She emphasizes the importance of understanding maternity benefits when starting a new job. The conversation also touches on financial planning for expectant parents, navigating paternity and maternity leave policies in medicine, and striking a balance between family life and career. Additionally, listeners learn about Treasury Direct, its benefits, and the intricacies involved in purchasing treasury securities.

Kyle Claussen, an expert from Resolve, delves into the often-misunderstood world of indemnification clauses in physician contracts, warning of potential pitfalls. He sheds light on how these clauses can unexpectedly transfer liability to doctors. The discussion also covers new TSP fund Roth conversion options for military members, explaining their tax benefits. Lastly, they tackle practical advice on student loan repayment and the financial complexities faced by physicians, emphasizing the importance of smart financial planning.

A resident shares his journey of returning to a 'back to broke' status despite early financial support from his parents. He emphasizes the importance of financial education, living frugally, and smart spending. The discussion shifts to transforming a home into a rental property, weighing its pros and cons. Key strategies for managing finances during residency, like tackling student loans, budgeting for weddings, and smart investing, are highlighted, alongside insights on tax implications when selling or renting property.

Dive into the complexities of real estate investments, from 1031 exchanges to leveraging home equity for greater returns. Discover key insights on the national debt and its impact on your financial future, along with smart strategies for starting a new practice. Get practical advice on navigating student loans and harnessing tax benefits by hiring family. Plus, learn about the advantages of scaling from single to multiple rental properties for optimal management. A wealth of knowledge awaits!

In this engaging conversation, Dennis, a rural surgeon and Army National Guard major, opens up about his journey back to financial challenges. He emphasizes the importance of work-life balance and shares his experiences with family, farming, and self-actualization. The discussion also dives into his debt management strategies, including navigating student loans and mortgage obligations. Additionally, the podcast explores the nuances of Roth and Mega Backdoor Roth IRAs, providing valuable insights for those looking to enhance their financial futures.

Alexis Gallati, a tax expert and founder of Cerebral Tax Advisors, joins Dr. Dahle to explore fascinating tax strategies tailored for medical professionals. They discuss the benefits of hiring spouses and children for tax deductions and retirement planning. The conversation dives into the tax implications of hiring nannies, shedding light on allowable deductions and compliance. They also tackle cash management tips during low-income years, emphasizing effective contributions and investment fund strategies for optimal tax benefits.

A urologist shares how he became a millionaire just four years after training, thanks to supportive parents and a newfound understanding of finance. He emphasizes having a plan for your paycheck and reflects on the importance of gratitude in his journey. The discussion also highlights the role of financial literacy in changing family wealth, urging parents to teach their children about budgeting and investing. Additionally, the benefits of locum tenens work and specialized staffing agencies in achieving financial success are examined.

In this engaging discussion, Dr. Gretchen Green, an expert in helping healthcare professionals expand their income through expert witness work, shares her insights. She highlights the financial benefits of side gigs and reinforces how existing skills can be leveraged. The conversation also dives into Mega Backdoor Roth strategies, navigating student loans, and the evolving landscape of Public Service Loan Forgiveness. Listeners gain practical advice for maximizing their financial potential while balancing clinical practices.

An ER doctor shares his experience of going from broke to thriving in just a year. He strategically locked in a low interest rate on his student loans, choosing to invest instead. With a focus on building wealth, he plans to eradicate his debt in just four more years. The discussion also covers the ins and outs of financial rollovers, highlighting essential strategies for setting up emergency funds and managing retirement plans. Plus, insights on contract negotiations for physicians provide valuable support for navigating early career challenges.