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White Coat Investor Podcast

MtoM #72 - Electrical Engineer Millionaire

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Business, Health & Fitness, Medicine

4.82.4K Ratings

🗓️ 27 June 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

Financial success isn't complicated. It is straightforward but it isn't necessarily easy. This young engineer is a great example that you don't have to be a doctor to be wealthy. Having an interest in finances is worth a lot. Increase your interest in learning about finances and you can reach the same success. This is a great place to start https://www.whitecoatinvestor.com/new-to-the-blog-start-here/ 

If you're looking to Boost Returns, Lower Taxes & Build Wealth, join the WCI monthly Real Estate Opportunities list for tips and strategies to maximize your real estate returns and for introductions to exclusive investment opportunities. Expect educational emails that introduce you to syndicators, fund companies, online courses, and online real estate platforms. Go to https://www.whitecoatinvestor.com/reopportunities to sign up today. You can do this and The White Coat Investor can help.

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 for 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

Click on a timestamp to play from that location

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. This is milestones to millionaire podcast number 72,

0:15.2

electrical engineer millionaire. Welcome back to the podcast. We love having you here. We hope you

0:19.8

enjoy these series of short podcasts where we celebrate somebody's financial accomplishment with

0:25.5

them and use it to inspire others to do the same. If you'd like to come on, you can apply at

0:30.8

whitecodeinvestor.com slash milestones. Now, SoFi has exclusive rates and offers for medical

0:37.2

professionals, which could help you save thousands by refinancing your student loans.

0:41.1

You're still in residency, SoFi offers a lowered interest rate and the ability to reduce your

0:45.3

payment to just $100 per month while in school. If you're out of residency, SoFi's great rates

0:50.5

could help you save money and get on the road to financial freedom. Check out their payment plans

0:54.5

and interest rates. SoFi.com slash Whitecode Investor. SoFi student loans are originated by SoFi

0:59.9

bank and a member FDIC. Additional terms and conditions may apply. NMLS 696891.

1:06.8

All right, let's get our guests today on the phone and let's do this. Let's find out how

1:12.4

this electrical engineer became a millionaire. All right, we've got our guests on the line. Andrew,

1:18.4

welcome to the milestones to millionaire podcast. Thank you Dr. Dalat. It's great to be here.

1:22.7

But tell us a little bit about yourself. What's your profession? How far are you out of school

1:26.2

and what part of the country do you live in? Sure. So my name's Andrew. I'm an electrical engineer.

1:30.9

I live in the Midwest, fly over country, and I'm 11 years out of school. 11 years out of school.

1:37.2

And what's your approximate net worth? A approximate net worth, as of the first of this month,

1:42.3

is $1.2 million. Awesome. You're millionaire. Congratulations. Thank you. How does it feel?

1:48.4

It feels good. It sometimes doesn't feel real, but the number is no lie.

1:54.4

When you were a kid, did you ever think you'd be a millionaire? I hope to too. I don't know what

...

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