White Coat Investor Podcast

Dr. Dahle and Dr. Minnick answer readers' questions in this episode. From the debate over DO vs MD to where is the best place to open your solo 401k to should you invest in your medical partner's side business. You will enjoy this interview between two physicians who are dedicated to helping their colleagues become financially literate. As a white coat, you have valuable knowledge. Various compani...

This show is an interview with Jordan Goodman, "America's Money Answers Man" and a "nationally-recognized expert" on personal finance. We discuss hard money loans, mortgage acceleration, investing in life settlements, and bitcoin. There is now a lengthy discussion at the end that I added in December 2018 where I mention some of the things in the podcast that I think Mr. Goodman got wrong as well a...

This episode is a bit of a "back to basics" show. Mutual funds make up the majority of my investment portfolio and I think that should be the case for most investors out there. Get rich once, get rich slowly. Good investing is boring investing. The White Coat Investor is proud to introduce our No Hype Real Estate Investing course, which will provide the framework for developing further knowledge a...

Dr. Dahle answers questions from medical students on the show today. He will cover how to get on the same page financially with your partner. He discusses how to prioritize paying off debt, investing, and buying a home. The question about socially responsible investing and whether we should be doing it is addressed as well as the backdoor Roth IRA that every doctor should know about. Still not sur...

We have a special guest in this episode, Passive Income M.D. He's the newest addition to the White Coat Investor Network, which is a network of physician and other high income professional focused blogs that are trying to get this information into your hands so you can find the financial success you deserve. We want you to  live the life that you want, practice how you want, have the time to spend...

Alternative Investments with Dr. Meadows Our guest on this episode is Dr. Kenyon Meadows, a radiation oncologist who practices in Georgia. He recently wrote a book called Alternative Financial Medicine: High Yield Investments in a Low Yield World. In the book he discusses his ongoing experiences investing in stuff that isn't stock and bond index funds. Now regular listeners know that I also invest...

How to Invest at All Time Highs Our topic on the podcast today is how to invest at all time highs. This is a question I've been hearing a lot lately both in person, via e-mail, and in comments. But in reality I view it as an investing teenager question. It is not an investing child question because when you're just getting started as an investor, you don't even worry about stuff like this because...

Tax Reform Bill in Congress We are talking about taxes today and specifically about the tax bills bouncing around in Congress. Now obviously these are a work in progress. And it is important to look at it from two perspectives- one what is good tax policy and two whether or not it is actually good for me and you. Listen to this podcast to learn what changes are on the new tax reform bill and how i...

What Matters Most in Personal Finance We spend a lot of our time talking about and worrying about the minutia compared to the big things you should be worried about. Realize that there are somethings that matter far more than other things. In this episode, Dr. Dahle talks about those things that matter most. If you are finding our podcasts informative and helpful, check out our website! Since 2011...

How to Get Rich Quickly Dr. Dahle discusses how to build wealth in this episode and if you have a need/desire to build wealth quickly he lays out a plan for you to do that. 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 financial independence. These books cover topics such as asset protection and minimizing your taxes...

When to Buy a Home. There are lots of great reasons to own your own home, including the fact that you can have as many pets as you like, you can paint the walls whatever color you prefer, and the landlord can never throw you out on the street. Financially speaking, there are many significant benefits of owning a home. However, there are time periods in life when owning your home is a not such a gr...

Military and 1099 Physicians. WCI discusses important financial aspects of being a military physician or a physician paid on a 1099. If this applies to you, make sure you listen to this podcast! 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 use their money...

Potpourri of Listeners' Questions. Many of listener questions are answered today on the podcast from diversifying bonds to getting on the same page financially with your spouse. 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 rate, if you want to...

An Interview with Miss Bonnie MD. Listen to this interview between the WCI and Miss Bonnie MD, who is helping women find financial clarity through per blog and podcast. They discuss issues that female physicians face financially, attending expensive medical schools, practicing medicine in a high cost of living area and much more. Getting quality disability and life insurance should be the first fi...

Nuts and Bolts of Financial Planning. Listen to this Q&A between Dr. Dahle and a fellow listener to find the answers to many of your financial planning questions. 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 together a list of recommendations for companies that pay you to take surveys. If you're loo...

Tax Diversification Tax Diversification means not having all of your assets subject to the same tax effects, particularly during the withdrawal phase in retirement.  Proponents of this concept argue you should have some tax-free money, some tax-deferred money, and some taxable money.  This not only provides against against the possibility of severe changes in tax brackets, but also allows you to c...

Comparing Independent Contractor Jobs with Employee Jobs. Which job offer is better? This is a common question and one which nearly every doctor wrestles with at some point during her career. In this podcast Dr. Dahle discusses the factors that should go into this decision. The White Coat Investor is proud to introduce our No Hype Real Estate Investing course, which will provide the framework for...

Social Security Do you count on Social Security when running your retirement projections? How do you do so? Do you discount it somehow? Listen to this podcast to better understand how social security benefits work and how to use them in your retirement plans. If you found this podcast useful, visit our blog at http://whitecoatinvestor.com/ for more personal finance and investing information. Find...

Emergency Funds What is the purpose of an emergency fund? How should you invest it? This podcast tells everything you ever wanted to know about emergency funds in general and WCI's emergency fund in particular. Still not sure what to do with your student loans? Overwhelmed with how to tackle that giant debt in an ever changing political climate? The experts at StudentLoanAdvice.com are here to hel...

Understanding Tax Deductions and Credits. If you've ever wondered what the difference between tax deductions and tax credits is and desired to lower your tax bill, this is the podcast episode for you. Do you ever find yourself wishing there was somewhere to go to ask your finance, insurance or investing questions? The White Coat Investor community is a great place to turn. We have a thriving commu...

Understanding the Age 59 1/2 Rule. Planning on an early retirement? Listen to this podcast to understand the Age 59 1/2 Rule and how it may affect you. Dr. Dahle discusses all the exceptions to this rule to simplify your early retirement. If you found this podcast useful, visit our blog at http://whitecoatinvestor.com/ for more personal finance and investing information. Find an engaging and helpf...

What to do if you have No 401K as a New Attending. When starting a job as an Attending, often there is a time period where you cannot contribute to the 401K. Dr. Dahle outlines some of the things you should be doing with your money during this time. If you're like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency....

WCI Interviews the Physician on Fire. Listen to the first interview the anonymous PoF has granted! Learn about the path he took to gain financial independence before he was 40 and his plans to retire early. 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 information through thous...

Fixed versus Variable Rates-- Which is Better for Your Mortgage or Student Loan Refinance? There is a natural hesitancy to having a variable rate loan, because it creates uncertainty in the future. However, it is still often the correct choice in many situations. The real question is not "variable vs. fixed" but rather "variable vs. variable plus an insurance policy." Listen to the podcast to help...

Investing in Taxable Accounts -- What You Need to Know. Ever wondered what you should do when you've maxed out your 401K, backdoor Roth IRA, and HSA but still want to save more? Dr. Dahle discusses the advantages to taxable accounts and what you need to know as you invest in them. Love what you hear on the podcast? Looking for more great White Coat Investor content? Head over to our YouTube channe...