This is the White Code Investor Podcast, where we help those who wear the White Code get a fair shake on Wall Street.

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

Here's your host, Dr. Jim Dolly.

This is White Code Investor Podcast number 219, Financial Priorities as a New Attending.

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All right. Welcome back to the White Code Investor Podcast. We've missed you guys. It's been a week, right?

Actually, we're recording this the same day as the last one we recorded. It's only been about an hour for us, but for you, it's been a week.

So here we go. This one we're recording. What's today? June 17th. It's going to run on July 15th, so it sounds out of date.

That's why it's about a month before it actually runs, but I think most of what's going to be in this podcast is going to be just as up to date a month from now as it is today.

All right. Let's do a quote. This one's from William Bernstein.

He says, how do we know that economists have a sense of humor? Answer. They use decimal points. There are just too many variables to pretend great precision.

You might as well try to mathematically model your love life. I think there's quite a bit of truth to that.

You know, the social sciences themselves are not physics by any means, and finance certainly has a lot of things coming into it and going out of it all the time that are influenced by people.

When you put people in the mix, things get weird. Those you practice medicine, especially psychiatry know that very well.

Thanks for what you do, by the way, whether you are exercising today out hiking, whether you are racing the tour de France as one of our recent listeners is whether you are going to work coming home, whatever. Thanks for what you do. Your job's hard.

And someone will tell you, thanks for doing it. All right. In case you are not aware, we are giving away fire your financial advisor to anybody who refinances $100,000 or more of student loans through the white code investor links.

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All right, let's talk a little bit about financial priorities as a new attending. Lots of those. It's a really complicated time of your financial life actually. Probably the most important year of your financial life is that first year out of training. In fact, if you tell me what you do with your financial life and that first year out of training, I can predict the next 30 or 40 years of your financial life with surprising accuracy.

So let's talk about some of the things you ought to be thinking about. It's July, right? We've got a bunch of new attendings out there.

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