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White Coat Investor Podcast

MtoM #106 - ER Doc Becomes a Millionaire Only 3 Years Out of Training

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Business, Health & Fitness, Medicine

4.82.4K Ratings

🗓️ 20 February 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

This 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 maximize your saving and let compound interest do the rest! New to investing? Check out this post to help you get started: https://www.whitecoatinvestor.com/investing-101/ 

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 club - the kind of club that can boost your knowledge and enhance your wealth at the same time - with no strings attached. Visit https://www.whitecoatinvestor.com/newsletter to sign up today. You can do this and The White Coat Investor can help.

The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the Whitecode Investor Podcast, milestones to millionaire, celebrating stories of success

0:05.6

along the journey to financial freedom.

0:12.7

This is milestones to millionaire podcast number 106.

0:16.0

Emergency medicine doc becomes a millionaire.

0:19.2

Right now qualifying medical professionals can refinance their private student loans

0:22.8

with an up to 1% rate discount. Still a resident with so-called student loan refinancing,

0:27.9

you could pay just $100 a month during your residency.

0:30.6

And as a SOFI member, you'll have access to a powerful set of tools, education,

0:34.4

even financial planners to help you not only save money,

0:37.1

but help you get on the road to financial freedom.

0:39.6

Check out their payment plans and interest rates at SOFI.com slash Whitecode Investor.

0:44.4

SOFI student loans originated by SOFI bank and a member FDIC,

0:47.6

additional terms and conditions may apply.

0:49.7

And I'm a less 696891.

0:52.2

All right, let's get today's guest on the line and get started with this.

0:57.9

All right, we have something pretty cool today.

1:01.1

We have our first repeat guest on the milestones to millionaire podcast.

1:05.2

Welcome back to the podcast, Sian.

1:07.2

Yeah, thank you so much.

1:08.8

I am very excited to be back, I guess.

1:11.9

So for those who have listened to all the podcast,

1:15.8

Sian was on here almost two years ago.

...

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