White Coat Investor Podcast

In this episode I speak with a young periodontist about his finances. He is doing great, having already paid off all his student loans relatively quickly. But like many of the WCI listeners and readers he started out with a financial advisor that tried to sell him insurance that wasn't right for him and he is in the process of moving on from that financial advisor. He is saving for a house down pa...

I was asked for some good strategies for investing in bonds in a rising interest rate environment. This episode I discuss short term, money market funds, inflation adjusted, and stable value funds. But don't extrapolate the past into the future. Interest rates may go up, down, or stay flat. I don't have a working crystal ball. So I prefer a fixed asset allocation strategy. If you are finding our p...

Dr. Jason Mizell has been teaching a personal finance and investing course at his academic institution for medical students and residents for several years. It is inspiring to see what he has created and the difference he is making in the lives of these trainees. Did you know that the White Coat Investor not only has a podcast and a blog but several books that will help you on your way to financia...

One listener felt a lot of my podcasts are geared toward the younger physician. She really wanted to know more about investing as she nears retirement. She had questions like is a portfolio 100% in index funds appropriate for a retiree? What about alternative strategies - bond ladders, dividend paying stocks, using options as an insurance policy, and those types of things. A common misconception i...

Ever wondered what is was like to practice medicine in the UK? It is fascinating to see the differences in medicine and physicians' finances between the States and those practicing in England. Dr. Ramskill walks us through the training, practicing, and finances of British physicians. At some point in our financial lives, it will be time to buy a home. A physician mortgage can be a good vehicle for...

This episode is choke full of listener questions from should you get a retirement plan for your employees to revocable trusts to the age old questions of why bonds and investing vs paying off debt. 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 estimate is way too low. At any r...

This episode I interview an academic doctor about her finances. She is in the process of firing her financial advisor and becoming a do-it-yourselfer. We talk about what accounts she has, asset allocation, 529s, dealing with capitol gains in her taxable accounts, and more. If you have ever thought of becoming a do-it-yourselfer this episode is for you. It isn't that hard and we will help you succe...

A cash balance plan is a type of defined benefit plan (pension) that acts like a defined contribution plan (401K). When private companies were trying to get rid of their expensive pension plans, many of them converted their pension plans into cash balance plans, since they cost the company less. Employees didn't like this, as their benefits were often lower, but it does provide an option for a phy...

Investing in online businesses is a relatively new asset class for most investors. But can be a great place to invest some of your portfolio. If you ever wondered how do you invest in websites this episode is for you. Gregory Elfrink from Empire Flippers walks us through the process of buying an online business and gives us the ins and outs of this asset class. No more wading through dozens of boo...

Is there such thing as good debt and bad debt? Is it good to carry some form of debt for your credit score? Is buying things on a credit card and then paying it off each month accumulating good debt/credit? Listen to this episode if you have ever had questions like that. But I will give you a hint. Debt is debt. And it costs you money. The White Coat Investor is proud to introduce our No Hype Real...

Doc G of DiverseFI.com shares with us how he increased his primary care income to almost 7 figures. I have always been impressed that the intraspecialty income differences are so dramatic compared to the interspecialty income differences. Even if you are in one of the lower paying specialties, there are things you can do to increase your income. If you are finding our podcasts informative and help...

It has been ten years since the Public Service Loan Forgiveness Program was created. The first people are up for loan forgiveness. So what happened? Did they get loan forgiveness? How will this affect your quest for loan forgiveness? Listen to this episode and all your questions will be answered and your fears calmed. Still not sure what to do with your student loans? Overwhelmed with how to tackl...

Dr. Dahle interviews Dr. Champeaux in this episode about her experience raising an exceptionally talented son, a tennis player. But we also really delve into being a military doctor and how to publish about and promote financial literacy as an academic physician. Do you ever find yourself wishing there was somewhere to go to ask your finance, insurance or investing questions? The White Coat Invest...

Why should you invest in bonds at all? Especially if you are young or fresh out of training and could tolerate any changes in the stock market? I address this question and more in today's episode. If you're looking to Boost Returns, Lower Taxes & Build Wealth, join the WCI monthly Real Estate Opportunities list for tips and strategies to maximize your real estate returns and for introductions to e...

In this episode Dr. Dahle talks with Nii Darko from Docs Outside the Box. Docs Outside the Box podcast brings stories of ordinary doctors doing extraordinary things to inspire other docs to think outside the box. We discuss some of these stories but also delve into his finances and how he and his wife paid off $600,000+ in student loan debt and are building the life they want. If you're like most...

In this episode Dr. Dahle discusses all the things he doesn't invest in like precious metals, individual stocks, actively managed mutual funds, currencies, bitcoin, start-ups/angel investing, commodities, options, or insurance. 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 investing info...

I interview Carrie Reynolds today from The Hippocratic Hustle Podcast. She developed The Hippocratic Hustle Podcast to create a space where women doctors can come together and share their stories of their business, project or side-hustle, to explore ways to stretch your hard earned dollars and be more efficient with your time and money. Did you know that the White Coat Investor not only has a podc...

We discuss moonlighting and everything a doctor needs to know about this extra source of income. We also talk about side gigs for high income professionals in this episode. 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...

Your three favorite physician finance bloggers all in one podcast! WCI, PIMD, and PoF answer listener questions in this episode ranging from how they prefer their chicken wings to how to help your colleagues learn to manage their money better. They discuss REITs vs buying rental property, getting on the same financial page with your spouse, and whether they would encourage their children to go int...

Long term care insurance, cancer supplemental insurance, disability insurance - it is all covered in this episode as well as answering listener questions. If you found this podcast useful, visit our blog at http://whitecoatinvestor.com for more personal finance and investing information. Find an engaging and helpful community in our forum at http://whitecoatinvestor.com/forums/ Getting quality dis...

This episode is an interview with Coach Carson who provides practical and approachable education and empowerment concerning investing in real estate. He wants to help listeners win financially so that you can do what matters in your life. Getting quality disability and life insurance should be the first financial chore for a doctor to complete. Most docs don't have the ideal policy for their gende...

Do you take inflation into consideration when you create your "retirement day financial goal"? This and more listener questions about military medicine, paying AUM fees, buying health insurance, and student loan management are addressed in this episode. As a white coat, you have valuable knowledge. Various companies want that knowledge. And they're willing to pay you for it! That's why we've put t...

Dr. Dahle shares some hate mail he received as well as a disclosure about what he is licensed to do. More importantly, he answers many listeners questions about student loans, delaying tax filing, annuities, and how much disability insurance you need. No more wading through dozens of books at the library, scrolling through hundreds of blog posts on dozens of blogs, or checking in daily with online...

Dr. Dahle and Vagabond MD, an active participant in the WCI forum, providing many readers with needed financial information, discuss what he teaches new doctors about personal finance and investing, what mistakes he sees his peers making, and whether he thinks becoming a doctor is still worth it or at what level of debt should they change their minds, if any. The White Coat Investor is proud to in...

Dr. Dahle talks about everything that a resident needs to know in this episode, from managing student loans, to housing, to retirement accounts, etc. If you are a resident, or will be a resident in the future, make sure you listen to this episode. 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 us...