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
31 snips
Oct 9, 2025 • 56min
WCI #440: Building a Balanced Portfolio with Asset Location and Allocation
Discover the essentials of building a balanced portfolio, focusing on asset location and allocation. Explore when to use TIPS and the implications of a 100% stock portfolio. Get practical tips on buying ETFs, including order types. Delve into the risks of investing in films and private deals, emphasizing the importance of due diligence. Wrap up with valuable investing principles that encourage simplicity and strategic planning.
4 snips
Oct 6, 2025 • 29min
MtoM #243: Locums Psychiatrist Crushes Student Loans in 4 Years and Finance 101: How Dental Insurance Works
Discover how a locum child and adolescent psychiatrist tackled $400,000 in student loans in just four years. He shares his refinancing journey and reveals his saving strategies while enjoying the flexibility of locum work. With big payments and strategic savings, he not only eliminated debt but also accumulated over half a million dollars and bought a new car with cash. Plus, learn the ins and outs of dental insurance, from coverage limits to how it often resembles pre-paid care rather than true insurance.
12 snips
Oct 2, 2025 • 43min
WCI #439: Where to Bank and How to Save for Big Purchases
Listeners dive into whether to switch to a local bank after moving. They explore the best options for saving for big purchases, emphasizing money market funds over traditional savings accounts. There’s helpful advice on managing 401(k) rollovers when changing jobs, and how to handle gifted single stocks like Apple. The challenges of aging loved ones and their driving abilities prompt thoughtful conversation. Lastly, advice around Public Service Loan Forgiveness ensures listeners are making informed financial decisions.
9 snips
Sep 29, 2025 • 29min
MtoM #242: Solo Family Practitioner Reaches Financial Independence and Finance 101: Financial Independence
Discover the inspiring journey of a solo family physician who achieved financial independence by taking the unconventional path of owning his practice. Hear about his strategies for paying off student loans and the benefits of building real estate for financial growth. Dive into practical advice for aspiring practice owners and the importance of managing payer relationships for profitability. The discussion also covers the fundamentals of financial independence, including the 25x rule, effective saving strategies, and the non-financial perks of achieving FI.
21 snips
Sep 25, 2025 • 38min
WCI #438: The Resident Episode
In this episode, Patrick Arpin, a recent pediatric residency graduate, shares his journey transitioning to a pediatric hospitalist in Washington State. He reveals the importance of starting a Roth IRA early and his wise financial habits formed during training. Patrick discusses the risks of purchasing a home during residency and how networking helped him land his first attending job. He emphasizes the value of saving a little each paycheck for exam and moving costs, and why he opted for community pediatric medicine over fellowship.
Sep 22, 2025 • 25min
MtoM #241: Plastic Surgeon Receives PSLF and Becomes a Millionaire and Finance 101: PSLF
An academic plastic surgeon shares his journey to financial success, celebrating both his Public Service Loan Forgiveness and millionaire status just five years into practice. He discusses a disciplined 30% savings rate and the importance of financial literacy learned later in life. The conversation also delves into the nuances of PSLF, highlighting recent policy changes and reassurances for current applicants. With a focus on strategic investments and debt management, this episode offers valuable insights for anyone looking to enhance their financial future.
6 snips
Sep 18, 2025 • 37min
WCI #437: Getting Your Work Benefits Right
In this discussion, Don Wenner, the founder and CEO of DLP Capital, shares insights on employee stock ownership plans and selecting crucial workplace benefits like disability insurance. He delves into the tax implications of these choices and explains fixed deferred annuities, also known as MYGAs/SPDAs. Wrapping up, he offers practical advice on private real estate investing and highlights DLP's mission in affordable housing, lending options, and fund performance. It's a mix of finance and investing wisdom that can help you maximize your work benefits.
Sep 15, 2025 • 29min
MtoM #240: Pulmonologist Pays Off Student Loans in Less Than 5 Years and Finance 101: Paying for School
In this engaging discussion, Todd Gandy, a pulmonary and critical care physician, shares his incredible journey of paying off $297,000 in student loans in under five years. He reveals the transformative moment that spurred him into financial action and how he became a millionaire well before his goals. Todd emphasizes the importance of financial literacy, goal-setting, and the impact of open conversations about money in marriage. The conversation also touches on empowering the next generation with financial knowledge for their future success.
15 snips
Sep 11, 2025 • 43min
WCI #436: Retirement and Decumulation
Explore effective decumulation strategies for retirement, including the 4% rule and personalized withdrawal plans. Discover the balance between enjoying retirement and ensuring financial stability through smart spending approaches. Learn about asset allocation adjustments to combat inflation and minimize risks. Delve into the complexities of withdrawing retirement funds, with tax implications at the forefront. The discussion also covers generational wealth transfer, including strategies to optimize tax outcomes for heirs.
Sep 8, 2025 • 20min
MtoM #239: A Professor and a Dentist Become Multimillionaires and Finance 101: Financial Waterfalls
A professor and his dentist wife share their inspiring journey to multimillionaire status. They emphasize the importance of paying off debt and saving for wealth while diving into real estate investments. A key to their success? Monthly date nights dedicated to financial discussions. The conversation also introduces the concept of 'financial waterfalls,' a strategic approach to prioritizing investments and debt management. Their insights provide valuable guidance for anyone looking to achieve financial independence.
