MtoM #165: Pediatric Resident Gets Back to Broke and Finance 101: Mutual Funds
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 8 April 2024
⏱️ 21 minutes
🧾️ Download transcript
Summary
This pediatric resident is preaching the importance of having a written financial plan. He is a second year resident and got back to broke by knowing exactly what to do with a windfall because he had a written plan. He took the Fire Your Financial Advisor course and now has all of the knowledge and skills he needs to stay on the road to financial independence. After the interview we will be talking about mutual funds for Finance 101.
Resolve is the #1 rated physician contract team, reviewing 1000+ physician contracts every year. They empower physicians with location specific compensation data which leads to unparalleled leverage during the physician contract negotiation process. A physician contract lawyer is included and can negotiate on your behalf – alleviating the stress that can go along with reviewing complex legal terms. Flat-rate pricing and flexible schedules are designed for a physician’s schedules. Use code WHITECOAT10 for 10% off! Visit WhiteCoatInvestor.com/Resolve
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
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| 0:00.0 | This is the White Coat Investor Podcasts to Millionaire, |
| 0:04.2 | celebrating stories of success along the journey to financial freedom. |
| 0:08.3 | This is Milestones to Millionaire podcast number 165. Pediatric resident gets back to broke. |
| 0:19.0 | Resolve is the number one rated physician contract team reviewing 1,000 plus physician |
| 0:23.8 | contracts every year. They empower physicians with location-specific |
| 0:27.8 | compensation data which leads to unparalleled leverage during the physician |
| 0:31.8 | contract negotiation process. |
| 0:34.0 | A physician contract lawyer is included and can negotiate on your behalf, |
| 0:38.0 | alleviating the stress that can go along with reviewing complex legal terms. |
| 0:42.0 | Flat rate pricing and flexible schedules |
| 0:43.8 | are designed for a physician's schedule. |
| 0:46.2 | Use code White Coat 10 for 10% off. |
| 0:49.0 | For the White Coat Investor. |
| 0:50.2 | com slash Resolve. All right, a couple of things you need to know one is we are doing |
| 0:56.8 | our financial educator reward and the application is only open until April 26th. So if you know someone who's passionate |
| 1:05.2 | about improving financial literacy among their colleagues, trainees, and |
| 1:08.3 | students, please nominate them for the highly coveted 2024 Financial |
| 1:13.4 | Educator of the Year Award. |
| 1:14.8 | The winner of the award will get a prize of $1,000. |
| 1:17.4 | But that's not all. |
| 1:19.0 | As an added incentive to craft a compelling nomination, we're offering the nominator who writes the best submission, a free |
| 1:25.9 | WCI online course of their choice. |
... |
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