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White Coat Investor Podcast

MtoM #169: Homeless to a Quarter Million Dollars and Finance 101: Risk

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Business, Health & Fitness, Medicine

4.82.4K Ratings

🗓️ 6 May 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

Our guest today has a unique and inspiring story. He shares his journey from college to homelessness to financial success. He talked about what he learned and how he views the world on the other side of homelessness including gratitude for what he has and needing a lot less to be happy. He has paid off six figures of debt and built wealth to a quarter million dollars. After the interview stick around to for a discussion about risk for Finance 101.

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 thousands of blog posts written by an array of authors. You can find information on how to manage your student loans, fix and avoid common financial mistakes, understand your retirement accounts, optimize your investments, find professional help at a fair price, get started investing in real estate, and so much more, all at no cost to you. You can find out more about the courses we offer, the conferences we put on, the newsletters we provide, and interact with other WCI readers through our online forum. Head on over to https://www.whitecoatinvestor.com to start learning today. You can do this and The White Coat Investor can help.

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Transcript

Click on a timestamp to play from that location

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.

0:08.2

This is Milestones to Millionaire Podcast Number 169.

0:17.0

Homeless to a quarter million dollars.

0:21.0

Resolve is the number one rated physician contract team reviewing 1,000 plus physician contracts every year.

0:26.0

They empower physicians with location specific compensation data which leads to unparalleled leverage during the physician contract negotiation process.

0:34.0

A physician contract lawyer is included and can negotiate on your behalf, alleviating the stress that can go along with reviewing complex legal terms.

0:41.0

Flat rate pricing and flexible schedules are designed for a physician's schedule. Use code white coat 10 for 10% off at whitecoat investor.com slash resolve.

0:51.0

Welcome back to the milestones to Millionaire Podcast.

0:54.2

This is the podcast where we take your experiences

0:56.9

and your accomplishments and use them

0:59.5

to inspire others to do the same.

1:02.2

We'll celebrate anything with you, whatever your

1:04.1

accomplishment might be, whether it's a net worth milestone, whether it's paying off

1:08.2

some sort of a debt or making some purchase you've been saving up for, whatever it might be, we'll celebrate it with you and use it to inspire others to do the same.

1:19.0

I want to make sure those of you out there who are still trying to become financially

1:24.0

literate know about this great resource we have. We call it WCI 101 or

1:28.2

the Financial Basics you can sign up for this free resource at whitecode investor.com

1:34.0

slash basics. Basically what you're signing up for is to get a bunch of short

1:37.8

emails. You'll get every few days for a number of weeks you'll get a bunch of

1:41.9

short emails that will teach you finance and if you read through these by the time you get to the end of it you will be dramatically more financially literate and the combination of financial literacy and

1:53.8

financial discipline is so powerful than so unusual in our world that it's like

...

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