MtoM #189: Emergency Medicine Doc Hits $2 Million Net Worth and Finance 101: HSAs
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 23 September 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
Today we are talking with an ER doc who hit a $2 million net worth. He talks about the importance of him and his wife getting on the same page early and getting to work growing their net worth and getting rid of debt. His advice to you is consider geographic arbitrage, increase your savings every year and take advantage of loan forgiveness programs. Stick around after the interview for a discussion about HSAs for Finance 101.
Are you using multifamily to build long-term wealth? If not, I strongly encourage you to take a look at 37th Parallel Properties. They are multifamily specialists with a 100% profitable track record across over $1 billion in transaction volume since 2008. Investing with them is like partnering with a highly tax-advantaged family office, building an income-producing long-term wealth development platform. With 37th Parallel, you get access to institutional quality assets, conservatively managed, with proven results. Their educational content on Passive Multifamily Investing is also very good. Visit 37Parallel.com/wci today for more information.
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 Podcast, Milestones to Millionaire, |
| 0:04.2 | celebrating stories of success along the journey to financial freedom. Hey everybody. It's |
| 0:14.5 | it's Megan, your podcast producer. I'm just here to remind you that Dr |
| 0:17.8 | Dolly is still resting and recovering from his accident. But don't worry, he |
| 0:22.3 | will be back soon, he's doing well. |
| 0:24.8 | Please enjoy this episode. |
| 0:27.7 | Welcome to Milestones A Millionaire Podcast Number 189. |
| 0:30.6 | Emergency Medicine Doc hits $2 million net worth. |
| 0:34.0 | Our sponsor today is 37 parallel. |
| 0:36.6 | Are you using multifamily to build long-term wealth? |
| 0:38.7 | If not, I strongly encourage you to take a look at 37 parallel properties. |
| 0:42.7 | They are multifamily specialties with a hundred percent profitable |
| 0:44.9 | track record across over $1 billion in transaction volume since 2008. |
| 0:48.8 | Investing with them is like partnering with a highly tax advantage family office, |
| 0:52.2 | building an income- producing long-term |
| 0:53.6 | wealth development platform. With 37th parallel, you get access to institutional |
| 0:58.0 | quality assets, conservatively managed, with proven results. Their educational content on passive multifamily investing is also very good. |
| 1:06.0 | Visit 37 parallel.com slash WCI today for more information. |
| 1:13.0 | And make sure to stick around today after the interview for Finance 101. |
| 1:17.0 | We're going to be talking about HSAs today. |
| 1:19.0 | Let's welcome Braden into the podcast this week, |
| 1:23.4 | and he's got an awesome network. |
... |
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