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White Coat Investor Podcast

20: Comparing Independent Contractor Jobs with Employee Jobs

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 19 July 2017

⏱️ 29 minutes

🧾️ Download transcript

Summary

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.

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/

This episode is sponsored by Laurel Road. Do you know how easy it is to refinance your student loans to lower interest rates? Laurel Road offers a FREE, online application and their borrowers save an average of $20,200+ over the life of their loans when refinancing. As a member of the WCI community, you’ll get a $300 bonus when refinancing with Laurel Road! Even residents can refinance and pay only $100/month during training. To learn more and get rates within minutes, visit https://www.laurelroad.com/refinance-student-loans/?white-coat-investor

Transcript

Click on a timestamp to play from that location

0:00.0

This is the White Code Investor Podcast, where we help those who wear the White Code get a fair shake on Wall Street.

0:06.0

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

0:12.0

Here's your host, Dr. Jim Dolly.

0:19.0

Welcome to Podcast No. 20, where we're going to talk about independent contractors versus employees, but first a word from our sponsor.

0:26.0

Do you know how easy it is to refinance your student loans to lower interest rates?

0:31.0

Laurel Road offers a free online application and their borrowers save an average of $20,200 or more over the life of their loans when refinancing.

0:41.0

As a member of the WCI community, you'll get a $300 bonus when refinancing with Laurel Road.

0:47.0

Even residents can refinance and pay only $100 per month during training.

0:52.0

To learn more and get rates within minutes, visit LaurelRoad.com slash White Code Investor.

0:58.0

Welcome to the Podcast. We're glad to have you back here. We actually only record these about once a month.

1:04.0

So a podcast may have been recorded immediately after the prior one or it may have been a month since we actually made these.

1:11.0

And this time it's been about a month. So we're glad to be back and glad to do this.

1:16.0

It's been a really exciting month for us. We've got lots of exciting stuff coming up, not only today in the podcast, but in every other aspect of the White Code Investor Empire.

1:27.0

In fact, this morning our registration for the White Code Investor Conference, or as it is more formally titled,

1:35.0

the Physician Wellness and Financial Literacy Conference in Park City, Utah, just went live.

1:42.0

So we're excited to see that. I went to bed and it was just being put on the internet where people could sign up.

1:48.0

And by the time I woke up, there are 80 people signed up. So it looks like not only are we going to break even, which we were honestly a little bit worried about, but also we're likely to fill this.

1:59.0

So if it isn't full by the time you hear this podcast, I'd get online and get signed up and register it as soon as you can. It's going to be really awesome.

2:07.0

We've got some great guests coming, including Jonathan Clements and Bill Bernstein and Mike Piper. So be sure to get signed up. You don't want to miss this one.

2:16.0

Our quote of the day today is from Charlie Ellis. He says, don't get confused about stock brokers and mutual fund sales people. They're usually very nice people, but their job is not to make money for you.

2:27.0

Their job is to make money from you. All right, I appreciate you listening to the podcast and I appreciate what you do in your regular lives.

2:35.0

Last night I was working a late shift in the ER and had a father run in and those who've worked there have seen this before and you're not exactly sure what's going on with the kid because the parents carrying them and running at full speed and you're just hoping they don't trip on their way to the treatment room.

...

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