MtoM #64 - Back to Broke
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 2 May 2022
⏱️ 15 minutes
🧾️ Download transcript
Summary
6 months of practicing after leaving residency, this internal medicine doctor is back to broke. Start early and invest your time in educating yourself. Don't be afraid of unique opportunities that could help you get ahead like he had in NYC and using geographic arbitrage https://www.whitecoatinvestor.com/geographic-arbitrage-pof/ like he did after training in the city. Earning above average and saving above average will change your financial life quickly.
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Transcript
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| 0:00.0 | This is the Whitecode Investor Podcast, milestones to millionaire, celebrating stories of success |
| 0:05.6 | along the journey to financial freedom. |
| 0:12.4 | 64 Back to Broke |
| 0:14.5 | At PKA Insurance Group Inc, Pradeep Adho and his team are independent insurance brokers with |
| 0:19.3 | the focus on disability and life insurance, protecting your family and income in the event of |
| 0:23.6 | a death or disability is extremely important. There's now an A-plus rated carrier operating |
| 0:27.8 | up to 7.5 million of term life insurance without a medical exam. If you qualify medically, |
| 0:33.2 | approval is possible within 15 minutes. Avoiding the exam could be ideal for busy professionals. |
| 0:38.1 | Reach out to PKA Insurance today to discuss your disability or life insurance needs. |
| 0:43.2 | Call 1-800-258-1018 or email info at pkainsurance.com. All right, we've got a great guest on today. |
| 0:52.8 | Let's bring him on. |
| 0:53.5 | All right, I've got my special guest here with us on the milestones to millionaire podcast. |
| 1:01.7 | This is Dr. Kiam Popert. Welcome to the podcast. |
| 1:05.6 | Thank you for having me. |
| 1:06.7 | So, we're celebrating a milestone with you. We're basically celebrating that you got back to Broke |
| 1:13.3 | and you did it really quickly. So, tell us for a minute about your specialty and when you came |
| 1:20.9 | out of training. Okay, so I basically graduated from medical school in 2018 and then I did three |
| 1:28.8 | years of residency in internal medicine and I graduated this past July 2021. Then I took some, |
| 1:36.4 | like a few months off and I've been practicing outpatient internal medicine for about six months. |
| 1:43.6 | Okay, so you're just out this last year and what part of the country are you in? |
| 1:47.8 | I'm actually in New York. I trained and I came from New York City but then I moved up state for the |
| 1:56.7 | practice. Okay, so training in the city and upstate for the practice. All right, so relatively high cost |
... |
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