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White Coat Investor Podcast

MtoM #214: Medical Student Finishes School with a Positive Net Worth and Finance 101: Buying a House During Residency

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Medicine, Health & Fitness, Business

4.82.4K Ratings

🗓️ 17 March 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

Today we are talking with a 4th year med student who is graduating medical school with a positive net worth. He and his spouse are financially educated and have worked hard to prepare, save money, and use what they have wisely. His spouse has a great job and they had a windfall that both helped make a big difference in their financial life. He shared the wise words that lucky circumstances won't do much for you if you are not prepared to act. For finance 101 we are talking about buying a house during residency.

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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 White Coat Investor podcast, Milestones to Millionaire,

0:04.2

celebrating stories of success along the journey to financial freedom.

0:13.3

This is Mylestone to Millionaire podcast, Medical Student,

0:16.4

finished a school with a positive net worth.

0:19.2

With Weatherby Healthcare, you choose your own health care career path.

0:22.5

Our Locum's experts then support you every step of the way,

0:24.9

helping you find the right opportunities at the right time.

0:27.6

We understand your professional and personal goals

0:29.8

and are experts at helping you achieve them.

0:32.5

Let's keep your career interesting,

0:34.1

new locations and settings and diverse patients and cases.

0:37.1

And just as importantly,

0:38.5

let's make sure you get more time for your hobbies or to just relax. We'll help you find that

0:42.7

balance with more jobs and more locations, Weatherby gets you where you want to go.

0:47.0

WhiteCodeinvestor.com slash Weatherby to learn more. All right, welcome back to the podcast.

0:54.2

This is the milestones to to Millionaire Podcast,

0:56.1

where we celebrate your financial successes and we use them to inspire others to do the same.

1:02.4

You can come on this podcast.

1:04.4

You apply at whitecoatinvestor.com slash milestones.

1:09.0

All right.

1:09.5

It's the end of Match Week. This drops. I'm recording it like in

1:14.3

February, a month before, but this thing drops March 24th. And so congratulations to all of you

...

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