MtoM #174: VA Physician Pays Off Student Loans and Becomes a Millionaire in 5 Years and Finance 101: False Diversification

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 10 June 2024

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

This VA emergency doc has paid off $370,000 in student loans in only 5 years! Not only that but he and his wife are already millionaires. He said it is impossible to overstate how good it feels to have paid off those student loans. They have also put a huge percentage of their income towards building wealth. They are currently completely debt free and cruising towards financial independence. After the interview we will be talking about what false diversification means for Finance 101.

Learn why physicians have invested over $260M with DLP Capital, a familiar name within the WCI community as a long-time member of our investment opportunities list. If you want to invest with a high-growth IMPACT investor who believes in doing well while doing good, we encourage you to check out DLP Capital and its real estate-backed investment funds. DLP Capital aims to build wealth and prosperity for all of its members, investors, clients, and partners—plus, their funds have historically had zero losses. Find out more at https://www.whitecoatinvestor.com/dlp. They're a must-consider if you're thinking about diving into the world of investment housing.

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!

Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

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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 174.
0:16.8	The DA physician pays off student loans and becomes a millionaire in five years.
0:22.2	Learn why physicians have invested over $260 million with the LP capital.
0:26.0	A familiar name within the WCI community is a long time member of our investment opportunities list.
0:31.0	So you want to invest with a high growth impact investor who believes in doing well while doing good, we encourage you to check out D.L.P capital and its real estate backed investment funds. D.L.P capital aims to build wealth and prosperity for all of its members, investors, clients, and partners,
0:44.7	plus their funds have historically had zero losses.
0:48.2	Find out more at whitecoat investor.com slash DLP, or must consider if you're thinking about diving into the world of investment housing.
0:55.0	By the way, we have a free 12-week email course that we call Financial Boot Camp.
1:01.0	You can sign up for it at Whitecoat at whitecode Investor.com slash Financial Boot Camp. You can sign up forward at white code investor.
1:03.0	Financial Boot Camp. Medical school forgot one subject, personal finance.
1:08.0	If you're like most doctors, nobody taught you anything about managing money or investing.
1:13.1	Financial Boot Camp is the financial education you need to convert your high income to wealth.
1:17.8	This free 12-week email course could be worth millions of dollars to you over your lifetime.
1:24.0	All right, we got a great interview today.
1:26.0	You're going to love Jeff, let's get them on the line.
1:28.0	Our guest today on the Milestones to Millionaire podcast is Jeff.
1:32.0	Jeff, welcome to the podcast.
1:33.6	Thank you for having me.
1:34.8	Tell us what you do for a living,
1:36.4	and what part of the country you do it,
	...

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