White Coat Investor Podcast
747 episodes - English - Latest episode: 20 days ago - ★★★★★ - 2.2K ratingsHost, 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/
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Episodes
WCI #322: Questions from Students and Residents
July 06, 2023 06:30 - 44 minutes - 61.4 MBToday we are answering a variety of questions from medical students and residents. We talk about the tax benefits of getting married and what to do with a whole life policy that was given to you. We tackle some questions about filling taxes as a med student and whether or not to sell a fully paid off house if you are moving states for residency. We answer a student loan question and give some advice on how to dive into learning about financial literacy. Disability insurance is complicated....
MtoM #125 - Psychiatrist Pays Off Half a Million in Loans and Becomes a Millionaire and Finance 101: The Savings Rate
July 03, 2023 06:30 - 28 minutes - 39.2 MBThis psychiatrist paid off over a half a million dollars of student debt in just over 5 years! Not only has she paid off this massive amount of loans, but bought a house and reached millionaire status. They made sacrifices while they were tackling the loans including living with family for over 3 years. This doc originally planed to go for PSLF but decided against it when a higher paying job opportunity came up. She shares that the security that came from getting out of debt made writing tho...
WCI #321: The Family Board Meeting with Jim Shiels
June 29, 2023 06:30 - 46 minutes - 64.2 MBToday we are talking with our friend Jim Shiels about his book, The Family Board Meeting. Jim is a father of 5 and passionate about helping families have the best relationships they can. He talks about the importance of putting your phone down and having scheduled one on one time with your children as well as weekly dates with your partner. We hope you learn some helpful tips on how to dramatically strengthen your family! Getting quality disability and life insurance should be the first fi...
MtoM #124 - Two Doc Couple Splits Their Student Loan Plan and Finance 101: The 5 Money Activities
June 26, 2023 06:30 - 25 minutes - 35.4 MBThis two doc couple has created a great plan for getting rid of both of their loans. He is going for PSLF and they just paid off her loans. He said meeting with studnetloanadvice.com, refinancing and then having a plan and sticking to it were the keys for tackling these loans quickly. He said they were able to maximize their retirement accounts while paying down the debt. They didn't live exactly like residents but kept costs down and didn't live lavishly. They were still able to enjoy their...
WCI #320: Investment Accounts
June 22, 2023 06:30 - 31 minutes - 44.4 MBToday we are answering your questions about investments accounts. We answer questions about UTM accounts and what the tax implications are, how to choose benefit options inside a 401a, whether or not to buy a pension, what to do with your solo 401(k) when starting a W2 job, and of course a Roth 401(k) question and more! I estimate that 80% of doctors need, want, and should use a financial advisor and/or an investment manager. Some investment gurus such as Dr. William Bernstein think my est...
MtoM #123 - Family/Sports Medicine Doc Becomes a Millionaire and Finance 101: 4% Rule
June 19, 2023 06:30 - 22 minutes - 30.8 MBThis Doc was on the podcast a few years ago to celebrate paying off his student loans. Just a few years later he is back as a millionaire. He said they live below their means and are happy to live a frugal lifestyle. For this doc the point of growing wealth is it gives him the ability to give back to the community. He has a broad investment and savings strategy and is continuing to look for ways to diversify. After the interview stick around for Finance 101: The 4% Rule. Southern Impressio...
WCI #319: Wholesaling and Flipping Real Estate with Jamil Damji
June 15, 2023 06:30 - 50 minutes - 70.6 MBOur guest today is Jamil Damji who is a co-host of the BiggerPockets On the Market podcast and the author of How to Wholesale Real Estate: The No Cash Strategy to Build a Scalable Business. He is a co-founder of KeyGlee, which helps real estate investors find properties and is the founder of Astroflipping. He hosted Triple Digit Flip on A&E. Today Dr. Dahle and Mr. Damji get into the details of what wholesaling and flipping is, how to get into it and who it is and is not right for. At some...
MtoM #122 - Orthopedic Surgeon Hits $4 Million Net Worth and Finance 101: Taxes
June 12, 2023 06:30 - 31 minutes - 43.7 MBThis doc just hit $4 million net worth. He has worked to boost his income at every step of his journey to allow for more savings. While he has a high income, he has always valued living fugally and saving as much as possible. His advice to you? Identify your goals, and find a job that can provide enough income to meet those goals.He said to keep expenses low out of residency, and don't over inflate your lifestyle. Today for Finance 101 Dr. Dahle is talking about taxes! Getting quality disa...
WCI #318: 1099 Income and Locums Docs
June 08, 2023 06:30 - 38 minutes - 53.2 MBToday we answer a handful of questions from docs who are interested in, or are currently doing locums. We talk about who locums might be right for and if people with a family can make it works as a career. We answer a few questions about 1099 income and how to structure your retirement savings if you are a 1099 worker, and what to do if you miss the deadline to set up a solo 401(k). We also tackle a question about iBonds in 2023. Love what you hear on the podcast? Looking for more great Wh...
MtoM #121 - Couple Creates Their Own Financial Plan and Fires Their Financial Advisor
June 05, 2023 06:30 - 25 minutes - 35.3 MBA few years out of residency this couple decided to get serious about their finances. Once they started to look at their finances and the fees they were paying their financial advisor they knew it was time to get a written financial plan in place. They took WCI's Fire Your Financial Advisor course and created a plan that worked for them. They fired their financial advisor and are on their way to financial independence! Do you need to get a written financial plan in place? Check out our cours...
WCI #317: Financial Planning for a Child with a Disability
June 01, 2023 06:30 - 51 minutes - 72.2 MBToday our guest on the podcast is our friend, James Lange. He is here to talk about his personal experience of having a daughter diagnosed with a disability and then going through the process of making sure she will have the finances in place she needs to succeed even after he and his wife are gone. He shares everything he has learned through the process and we hope this episode will be incredibly helpful for those of you in a similar situation. Did you know that the White Coat Investor no...
MtoM #120 - Career Military Doc Takes on Retirement
May 29, 2023 06:30 - 21 minutes - 30.4 MBThis doc is a 28 year Air Force general surgeon who retired in the fall of 2020. He tells us about his journey in the military as well as talks about his decision to retire. He wants to be sure that people know that career military docs can have a great retirement and says the pension that comes from the military is amazing. Their biggest challenge is actually ramping up their spending. Not long after retiring this doc and his wife hiked the entire Appalachian Trail together. A total of 2200...
WCI #316: Roth Contributions and Conversions
May 25, 2023 06:30 - 36 minutes - 51.3 MBWe have continued to get a lot of your questions about all things Roth so we are dedicating another episode to your Roth questions. We answer questions about SEP IRA conversions, Roth IRA contributions, Roth contributions in a 401(k) vs. a backdoor Roth, Mega Backdoor Roth questions, how taxes affect Roth conversions and more! If you are finding our podcasts informative and helpful, check out our website! Since 2011 we have been working hard to provide valuable personal finance and investi...
MtoM #119 - Opening a Franchise
May 22, 2023 06:30 - 27 minutes - 37.6 MBOur interviewees today are telling us about opening their first franchise. After listening to WCI podcast episode 267 about non-food franchising they decided to give it a try! This couple did tons of due diligence and spent a great deal of timing getting educated about how this business would run and they are finally off to the races. We think you will find their story super inspiring. This debt averse couple waited to do this until they had enough cash to pay for the whole project up front....
WCI #315: 529's, Inheritance and Roth IRAs For Kids
May 18, 2023 06:30 - 36 minutes - 50.8 MBToday we answer your questions about 529's. We try to help clarify the changes coming with Secure Act 2.0. We talk about if it would make sense for 529s to be under a grandparents name to avoid your child not qualifying for FAFSA. We discuss if it is smart to save in a 529 if you aren't sure if your child will attend college in the US. Dr. Dahle answers questions about his families' plan for inheritance for their kids and discusses which funds to choose for your kids Roth IRAs. We even touch...
MtoM #118 - Cardiologist Becomes a Millionaire
May 15, 2023 06:30 - 24 minutes - 33.9 MBThis cardiologist became a millionaire just 6 years out of training. This physician couple worked hard to pay their debt off and start saving. They have learned that while they want to be set up for a comfortable retirement, they also are not trying to FIRE. They want to save responsibly while still spending money now and making the most of life right now with their kids. His advice to you is to be persistent and consistent and to be patient. If you stick to your plan you will be successful!...
WCI #314: Loving Your Timeshare with Dr. Cory Fawcett
May 11, 2023 06:30 - 53 minutes - 73.9 MBDr. Cory Fawcett joins us today to make the case for timeshares. He takes the much less voiced opinion that timeshares are awesome. He shares who he thinks are the right candidates for timeshares and who are not. He also talks about how to make the most of them. As a timeshare owner for over 30 years he believes for the right people they can be a fantastic way to travel. We hope you enjoy the friendly debate between Dr. Fawcett and Dr. Dahle. If you’re like most doctors, nobody taught you ...
MtoM #117 - Sleep Doc Pays Off a Mortgage in Two Years
May 08, 2023 06:30 - 22 minutes - 30.9 MBThis sleep medicine doc paid off his mortgage in only 2 years! He learned quickly that he does not like being in debt and first tackled $280,000 of student loans in less than 3 years out of residency. His next goal was to save up for a down payment, then after buying the house paid down the mortgage in an incredibly fast time period. He said he likes having a goal that he can pour his effort and money into. It is also no surprise that he has nearly reached millionaire status. His next big go...
WCI #313: The Proposed Ban on Non-Compete Contracts and Whether It's Fair
May 04, 2023 06:30 - 42 minutes - 59.7 MBToday we are answering your questions from the speak pipe. We talk about if a medical reimbursement plan is a good option for a private practice, we talk about the proposed ban on non-compete contracts and get into what non competes are, why people use them, and when they are and are not fair. We answer a question about divesting interest in sale of practice. We talk about short term investments and discuss if annuities are a better idea than usual with interest rates as high as they current...
MtoM #116 - ER Doc Builds Wealth and Pays Off $344,000 in 2 1/2 Years
May 01, 2023 06:30 - 23 minutes - 32.7 MBThis ER Doc has worked hard since finishing residency and has not only paid off $344,000 in 2 1/2 years,. but he also managed to build wealth and buy a new truck at the same time. This doc says paying off his loans made him feel like he was finally and officially done with med school. How did he do it? Live like a resident and work like a resident. They are now using those big student loan payments to build a nest egg and save for a down payment. Need help figuring out what to do with your s...
WCI #312: Generational Wealth and Teaching Your Kids About Money
April 27, 2023 06:30 - 57 minutes - 80.5 MBOur guest on the podcast today is Dr. Brittne Halford of More Joy, More Wealth. She and Dr. Dahle discuss how your upbringing affects your view on money. They discuss generational wealth and the difference between being rich and having wealth. They talk about how to teach your kids about money and how to help them learn to work hard and create the life they want even if they have some generational wealth coming their way. Do you ever find yourself wishing there was somewhere to go to ask y...
MtoM #115 - Doc Pays Off Student Loans in 30 Months
April 24, 2023 06:30 - 18 minutes - 25.9 MBThis doc paid off his student loans in only 30 months. He said the freedom of being out of debt is allowing him and his family create a better work life balance. His biggest piece of advice is to have a plan and stick to it. By sticking to his plan and working hard he was able to pay this debt off much faster than he had planned. Need help making a plan to pay off your student loans? Check out https://www.studentloanadvice.com This episode is sponsor by InCrowd. Their 5-10 minute MicroSur...
WCI #311: Asset Location
April 20, 2023 06:30 - 39 minutes - 54.6 MBToday we are answering your questions off the speak pipe. Many of those questions are in regards to asset location. We talk about weighing tax efficiency against higher returns in your accounts and Dr. Dahle reminds you not to let the tax tail wag the investment dog. We answer questions about high yielding ETFs, QLACs, 457s, non qualified deferred compensation plans, and bonds with high fees. Still not sure what to do with your student loans? Overwhelmed with how to tackle that giant debt ...
MtoM #114 - Pathologist and Anesthesiologist Get Back to Broke
April 17, 2023 06:30 - 25 minutes - 35.1 MBThis dual physician couple who are fresh out of training are back to broke! They have worked hard to budget, make a financial plan and grow their net worth. They talk about the importance of having a written financial plan as well as becoming finacially literate as soon as possible. There is no need to wait until you are out of training to get educated. They show us that even in a high cost of living area you can make big progress on your financial goals. Need help getting a written financia...
WCI #310: The Wage Gap in Medicine
April 13, 2023 06:30 - 37 minutes - 53 MBOur guest on the podcast today is Dr. Shikha Jain. She has devoted her life not only to medicine but to helping women in medicine. She shares her knowledge around if the gender wage gap is real, why it exists and what we can do about it. If you are finding our podcasts informative and helpful we would encourage you to sign up for our monthly newsletter! It is totally free and includes useful, actionable information NOT AVAILABLE on the regular blog posts. It's almost like being in a secret...
MtoM #113 - Paid Off Student Loans and Bought a Car With Cash
April 10, 2023 06:30 - 19 minutes - 27.8 MBThis neurologist paid off over $400,000 in just 3 1/2 years. He also bought a new car with cash. He said living like a resident and having a plan is how he paid off his debt so quickly. This doc has developed great habits that will help him reach financial independence early. We think you will find his optimism and discipline as inspiring as we did. Today’s episode is brought to us by SoFi. Right now, qualifying medical professionals can refinance their private student loans with an up to ...
WCI #309: Taxes
April 06, 2023 06:30 - 39 minutes - 54.8 MBIt's that time of year where we have lots of questions about taxes. Today we talk about how to file an amendment to your 2022 tax return. The good news is it's not hard and it is not a big deal. We also talk about what to do if your tax professional makes a mistake on your taxes. Next we get into some questions regarding tax loss harvesting and what the averaging method is. We discuss if there is ever a good reason to use a robo-advisor to help with tax loss harvesting. Finally we answer a q...
MtoM #112 - Family Physicians Start Direct Primary Care Practice
April 03, 2023 06:30 - 25 minutes - 35.6 MBThis doc is our second returning guest. Since she paid off her student loans in August of 2021 her and her husband were able to take a financial risk, leave their jobs in academia, and start a private direct primary care practice. They got their financial ducks in a row and recognized they wanted to change the way they worked. This change reduced burnout and created the life/work balance they want. She said making less money is worth the balance they have created. Are you battling burnout? C...
WCI #308: Overcoming a Late Start
March 30, 2023 06:30 - 48 minutes - 68 MBToday we talk to a doc who got a late start on his financial journey. He shares his experience of over inflating his life style for nearly 20 years after residency before having his financial awakening. He finally realized that if he ever wanted to retire he and his family would have to make some big changes. He talks about the struggle of deflating his lifestyle but the overall peace and happiness that has come from getting his financial ducks in a row. He shares his story in hopes to help ...
MtoM #111 - Internal Medicine Doc Becomes a Millionaire
March 27, 2023 06:30 - 28 minutes - 39.1 MBThis internal medicine doc has become a millionaire not long out of training. He has lived like a resident and saved a huge portion of his income. This doc has done a little bit of everything from saving cash, investing in the stock market and starting his real estate empire. He is passionate about creating low income housing and helping to better the community he grew up in. His advice to you is to make a commitment to building wealth. He says to have a solid mind set, strong work ethic and...
WCI #307: Private Real Estate Versus REITs
March 23, 2023 07:30 - 50 minutes - 70.5 MBToday we are answering more of your real estate questions. We discuss if it is a good idea to have your rental properties in an LLC, if you can claim a loss on US taxes for an international property, and where to store your money that you want to direct towards syndications. Our guest today is Michael Episcope from Origin Investments. He tells us about what funds are available currently, what new changes are happening at Origin and helps answer a listeners question about passive real estate ...
MtoM #110 - New York Physician Pays Off Student Loans
March 20, 2023 07:30 - 18 minutes - 25.7 MBThis New York City doc paid off $375,000 in only five years. This is a dual physician couple that wanted to get rid of both of their loans as quickly as possible. He shares that after training he knew very little about finances but knew getting rid of loans was a top priority. This doc shows us that you can live in a high cost of living area and still pay off loans, save for retirement, buy a house and live the life you want. His tips? Have a plan and stick to it, don't explode your lifestyl...
WCI #306: Using Retirement Accounts
March 16, 2023 07:30 - 52 minutes - 73.6 MBToday we are answering your questions about retirement accounts. This is a topic that comes up a lot from readers and listeners and that is because it can be complicated! Especially when the rules keep changing like they did with the recent Secure Act 2.0. Today we tackle questions about withholding taxes, new rules with the Roth 401(k), maximum allowable contributions to combined retirement accounts, when you should roll your 401(k)s from multiple companies into one account and so much more...
MtoM #109 - Geriatrician Pays Off Student Loans
March 13, 2023 07:30 - 16 minutes - 23.6 MBThis geriatrician paid off his student loans and achieved a net worth of $350,000 only 4 years out of training. He shows that you can make big financial progress even if your income is on the lower end of physician incomes. He shares that reaching these milestones was easier to achieve than he thought it would be. He recommends living like a resident, renting a home for 6 months post training and just hammer away at your loans. He said to make a repayment plan and stick with it. The relief f...
WCI #305: Navigating a Law Suit
March 09, 2023 07:30 - 1 hour - 93.2 MBToday we interview a doc who shares their experience of navigating a law suit. While he keeps the details of the case private he shares what he learned through this long and arduous several year process. We hope you find this discussion informative as well as gives you a sense of how emotionally challenging this process can be. Read this article to learn some important things about medical malpractice: https://www.whitecoatinvestor.com/medical-malpractice/ I estimate that 80% of doctors n...
MtoM #108 - Hospitalist Pays off $350,000 in 18 months
March 06, 2023 07:30 - 17 minutes - 23.9 MBThis hospitalist tackled her $350,000 of debt in only 18 months. This physician duo got on the same financial page early in their relationship. They both agreed to live like residents and allocate everything extra to the loans. Despite living in costly Manhattan they were able to pay down the debt while still doing some travel and eating out and having some fun along the way. Their advice to you is to make a clear goal and then stick to it and to have these important financial discussions ea...
WCI #304: Roth's, 401(k)s and 529s
March 02, 2023 07:30 - 1 hour - 90.5 MBWe always know when it is the beginning of the year because we get so many questions about retirement accounts and everything related to them. This episode answers more of your questions about employer and solo 401(k)s, 529s, backdoor Roths, the difference between traditional and roth and so much more. At some point in our financial lives, it will be time to buy a home. A physician mortgage can be a good vehicle for a young doctor who’s just out of school and has a more effective place to ...
MtoM #107 - Cardiologist Becomes a Millionaire
February 27, 2023 07:30 - 18 minutes - 25.9 MBThis cardiologist became a millionaire just 3 1/2 years out of residency. He shares with us his tips for how he achieved this milestone - live on less than you make, get rid of debt, and invest the rest. He said that managing your finances well in your early attending years can more than compensate for any financial mistakes made through the training years. Want to become a millionaire? Learn how to here: https://www.whitecoatinvestor.com/everyone-a-millionaire/ Step away from the volatil...
WCI #303: A Random Walk Down Wall Street with Burton Malkiel
February 23, 2023 07:30 - 57 minutes - 80.3 MBOur guest on the WCI podcast today is Burton Malkiel. He is the author of best selling book, A Random Walk Down Wall Street. He shares his decades of experience working in finance and investing and talks about his belief that the easy thing is not usually the smartest thing to do. Fortunately that is not the case with being an above average investor. We think you will find this conversation as educational as it is interesting. Love what you hear on the podcast? Looking for more great White...
MtoM #106 - ER Doc Becomes a Millionaire Only 3 Years Out of Training
February 20, 2023 07:30 - 21 minutes - 30 MBThis is our first Milestones to Millionaire guest to come on the podcast twice! First we celebrated him paying off his student loans and he is back again to celebrate becoming a millionaire. This doc has gotten pretty heavily involved in passive real estate syndications and it has served his portfolio well. He is a finance enthusiast and loves to self manage his portfolio. His advice to you? Get educated, throw your money into VTSAX or a simple 3 fund portfolio, minimize your spending and ma...
WCI #302: Where to Store Your Money
February 16, 2023 07:30 - 47 minutes - 66.7 MBToday on the podcast we are answering your questions covering an array of topics. We spend some time on where the best place to save your money is when you need to be able to access it sooner than later. We cover when it is appropriate to carry under insured motorist coverage, we break down the different kind of CDs out there and even discuss some changes made to Venmo and whether or not that might affect your taxes. Did you know that the White Coat Investor not only has a podcast and a bl...
MtoM #105 - Public Health Dentist Pays Off Student Loans
February 13, 2023 07:30 - 16 minutes - 22.4 MBToday we hear from a general dentist who works in public health. She explains her path to paying off her students loans only 4 1/2 years into practicing. This dentist shows us that you don't have to be making a huge salary to tackle your loans. She combined several methods to pay off her student debt including the NHSC loan repayment program, inheritance money and putting all of her extra income toward the loans. Her tips? Live like a resident, get advice from people who know more than you, ...
WCI #301: I Will Teach You To Be Rich
February 09, 2023 07:30 - 57 minutes - 79.9 MBToday our guest is Ramit Sethi, of I Will Teach You To Be Rich. He has been blogging since 2004 and since then has become a podcaster, author, teacher and has created a massive following. We cover a variety of topics including why investing should be boring, why life is not like a Disney movie, and the importance of having strong communication skills around finance with you spouse or partner. If you are finding our podcasts informative and helpful, check out our website! Since 2011 we hav...
MtoM #104 - Dual Physician Couple Pay Off Loans During Residency
February 06, 2023 07:30 - 17 minutes - 23.8 MBThis dual physician couple tackled their student loans and built a net worth of $250,000 while still in residency! How did they do it? A commitment to saving, a strong aversion to debt, and living like a resident. He believes being an avid consumer of knowledge is critical for your financial journey. Want to jump start your journey to financial freedom? Check out our course, Fire Your Financial Advisor. This episode is sponsor by InCrowd. Their 5-10 minute MicroSurveys use a mobile-first a...
WCI #300: Introduction to the Secure Act 2.0
February 02, 2023 07:30 - 1 hour - 107 MBToday Dr. Dahle walks you through what changes are coming with Secure Act 2.0. He will take you through everything step by step to hopefully make sense of all of the changes for you. He also answers your questions about the backdoor Roth, estate planning, tax loss harvesting and more. If you want to read more about Secure Act 2.0 click the link: https://www.whitecoatinvestor.com/secure-act-2-0/ Getting quality disability and life insurance should be the first financial chore for a doctor ...
MtoM #103 - Anesthesiologist Pays Off $369,000 in Four Years
January 30, 2023 07:30 - 22 minutes - 31.8 MBThis anesthesiologist pays off a huge student loan debt in only 4 years! He shares how he felt when the government froze loan payments after he had been working so hard to pay his off. He talks about the benefit of refinancing and committing to getting rid of debt as quickly as possible Need to refinance? Check out this page: https://www.whitecoatinvestor.com/student-loan-refinancing/ The sponsor of this episode, 37th Parallel is a private multifamily acquisitions and asset management fir...
WCI #299: Grab Your Slice with Monica Scudieri
January 26, 2023 07:30 - 44 minutes - 61.9 MBToday Dr. Spath has a great conversation with Monica Scudieri. She is a personal finance coach, author, and blogger who has over ten years of experience in the FIRE movement through her own journey. She is the author of Grab Your Slice of Financial Independence and writes at https://ThePieceOfThePie.com. Monica shares some of her journey around the challenges of divorce, single parenting, learning through trial and error about real estate and finances and how to make the most of life. If y...
MtoM #102 - Psychiatrist Reaches Half Million Net Worth
January 23, 2023 07:30 - 21 minutes - 30.1 MBThis psychiatrist shares that she was almost surprised when she realized she had reached this milestone of a half a million dollar net worth. When combined with her spouse they are officially millionaires. What are some of her tips for success? Have detailed financial discussions with your partner so you are on the same page, pay off debt, max out retirement accounts, and know what you value. Need some help saving more? Check out this post: https://www.whitecoatinvestor.com/friday-qa-series...
WCI #298: Leaving a Bad Advisor
January 19, 2023 07:30 - 1 hour - 86.8 MBToday Dr. Dahle answers a wide variety of your questions including what HSA contribution rules are, the importance of spending money instead of just saving it, if it is a good idea to change your financial plan to take advantage of a down market and many others! He once again talks about the importance of ditching your bad financial advisors and what to do with actively managed mutual funds when you do decide to break ties with said bad advisor. Still not sure what to do with your student...
MtoM #101 - General Dentist Buys Private Practice
January 16, 2023 07:30 - 19 minutes - 27.5 MBToday on the podcast we chat with a general dentist about his journey from the military to private practice. Not only has he purchased a practice but also hit millionaire status just over two years after buying his practice. He said being a business owner requires knowing your risk tolerance as well as having a commitment to paying off debt as quickly as possible. Want to learn more about buying into a medical or dental practice? Check out this post: https://www.whitecoatinvestor.com/evalua...