Dr. Jim Dahle takes listeners on a journey through the past and future of The White Coat Investor, sharing how it all began and how it has grown into what it is today. He also gives an inside look at the brand-new WCI website.
There’s a blind spot many physicians share—and it's one that doesn’t respond to intellect, training, or discipline. It's addiction.
This financial literacy test will challenge you to see just how well you know money and investing. Let us know how you did.
A fellow doctor once told me that I could be a mom or a surgeon but not both. Here's how I have proven him wrong in the years since.
Is it a good idea for you to invest in target date funds? Here are some pros and cons of using TDFs as an investment strategy.
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
We won't sell your information. Modify your preferences or unsubscribe at any time.
A few economic changes have occurred since I wrote my first book that make at least one chapter look silly. It's called The Big Squeeze.
Ready to complete your Backdoor Roth IRA with Vanguard? Check out this tutorial which will walk you through it step by step.
An interview with author and CPA Sean Mullaney, where we discuss smart ways to manage your taxes in retirement; when Roth conversions shine and when they don't; and how tax, retirement, and estate planning all fit together.
If you've been considering an investment in private real estate, here's a little bit of experienced advice on how to get started.
Just like healthcare, there are so many moving parts when talking about financial health. Getting everybody on the same page is vital.
Enroll in WCI Financial Boot Camp, a FREE 12-week email course to improve your financial life.
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Let's talk about how many people are losing money thanks to social media financial advice and if 529s are getting less popular.
What happens if you don’t live like a resident? What happens when you aren’t meeting your financial goals because of lifestyle creep?
Yes, it's possible to take out mortgages that are 40 or even 50 years long. But is that the right move for you to make?
Answering listener questions about what to know before buying into a practice, how to think about what “net worth” really means, and the important basics on special needs trusts.
After much thought, our portfolio is changing this year from one reasonable portfolio to another. We'll see how it goes. Update in a decade.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.
Rich people don't "manage" debt. They eliminate it. Not stupidly, but reasonably and consistently. It's a behavioral thing, not a math thing.
Disability insurance is crucial insurance for the vast majority of physicians to secure. Buy it right the first time, and you may never have to do it again.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
Medical school may not have taught you about money, but we will.
We will never sell your information. Modify your preferences or unsubscribe at any time.
Get ready to take control of your financial life. You can do this, and we can help.
We won't sell your information. Modify your preferences or unsubscribe at any time.
Peer to Peer Lending (P2PL) is a relatively new asset class I've been investing in for a few years with good success. The risks are high, but the low correlation with the rest of your portfolio coupled with the high returns make it worth looking into.
People often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
New residents have a big desire to buy a house. But it's a gamble of your time and money at a period of life when you have little of either.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
In broad strokes, asset protection includes tax saving, estate planning, and even investment strategies, and it will help preserve your nest egg in case of a malpractice suit. See Posts
Estate planning is the process to ensure that your assets go where you want after your death, that your desires are carried out after you can no longer make decisions, and that the estate taxes you pay to the government are minimal. See Posts
Whether it's life, disability, auto, home, or malpractice, high-income professionals need insurance to make sure life's biggest costs don't substantially hurt their nest egg. See Posts
There are so many ways to invest successfully that the most important thing is to just pick something reasonable and stick with it. But it's key to know which approach to take and why you're picking that option. See Posts
Beginning your financial journey and learning about personal finance can seem awfully overwhelming. But instead of trying to solve the entire puzzle at once, it'll be easier (for your mind and for your psyche) to break it down into sections that are more easily digestible. See Posts
Ownership matters, whether it's owning profitable companies, owning your own home, or owning your job. Most of the time, medicine is better—for the docs and for the patients—when docs own their jobs. See Posts
A full, happy, comfortable retirement is where so many WCIers have been aiming since they began working. The main questions: what's the best way to get there, and once you arrive, how do you begin to live and fund your new life? See Posts
While it's entirely possible to finish an undergraduate education debt-free, it's become less likely that physicians and other high-income professionals can do the same. That's why it's so important to know how to manage student loans and the programs that provide student loan forgiveness—especially in a political world that constantly makes changes to them. See Posts
Recent studies show that more than 50% of physicians have experienced burnout, marking a notable increase in the past decade. This trend is alarming and shows why the intersection of burnout and how high earners can keep themselves healthy has never been more pertinent. See Posts