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White Coat Investor Podcast

WCI #253: What to Do with Extra Money and Life After Covid

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 10 March 2022

⏱️ 57 minutes

🧾️ Download transcript

Summary

In this episode we cover an array of topics from what to do with extra income to locums to what to do when you fire your financial advisor. We go through some of the interesting results we got from the WCI survey. We will be implementing what we learned and making changes where we can to better serve our audience! We have a special guest on the podcast today named Scotti Petersen. She worked as an ICU nurse during the pandemic and shares some of her story about being diagnosed with PTSD and how we need to heal and move forward together. See full show notes here. https://www.whitecoatinvestor.com/what-to-do-with-extra-money-life-after-covid

A lot of physicians have questions about locum tenens, and https://locumstory.com is the place for them to get real, unbiased answers to those questions, basic questions like, “What is locum tenens?” to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. And then there’s the big question: is it right for you? Go to https://locumstory.com and get the answers.

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!

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Transcript

Click on a timestamp to play from that location

0:00.0

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

0:06.0

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

0:12.0

Here's your host, Dr. Jim Dolly.

0:18.0

This White Code Investor Podcast number 253, this super bonus episode.

0:23.0

Welcome back to the podcast. This is the first one we're recording since WCI Cahn.

0:28.0

And I have an apology to make to you. I'm really, really sorry, but I undersold WCI Cahn 22.

0:37.0

It was awesome. We had such a fun time down there. The staff had fun, the speakers had fun, the attendees had fun.

0:48.0

It was great. It really was a spectacular experience, not just a conference, but an experience.

0:54.0

It was seriously the best conference I've ever been to. I'm so proud of the team that put it together.

0:58.0

Now, I didn't do a lot on that. I prepared a couple of talks, three talks, I guess.

1:03.0

But for the most part, our conference team took care of that. And that consists of Katie, our chief product officer, as well as Chris Lynn, who is our conference director,

1:12.0

and our newest hire, our assistant in the products division, Morgan. They did an awesome job.

1:18.0

And the speakers did a great job. The AV team did a great job. The hotel staff did a great job. It was really fun.

1:26.0

We had three tracks going of speaker speakers. We had a basic track and advanced track. We had a wellness track.

1:34.0

And the fun part is this conference has gone forward over the years is that more and more people are coming for the wellness component.

1:41.0

But in the beginning, I thought that was just how we were going to allow people to use their CMA dollars to pay for the conference.

1:48.0

But more and more people every year are coming for that wellness content. And it was really fun.

1:53.0

Because at about four o'clock each day, we'd knock off and go do something fun. Whether that was put putt gulf or playing pickleball or, you know, having some social activities or going out to the lazy river and floating around the pool, whatever it was, it was awesome.

2:07.0

And we would be able to look forward to that at the end of the day and really have a wonderful time away from our practices for many of us away from our families, although a lot of people brought their families.

2:19.0

And just to rejuvenate after two years in the pandemic to be back in person and to be outside eating lunch in the sun in Phoenix, it was a really awesome experience.

2:30.0

If you missed it this year, we'll be able to come and enjoy it with us next year. No, we're not selling tickets yet. We probably won't be doing that until October.

2:39.0

But I seriously undersold that it was it was a pretty spectacular conference. It was really fun.

...

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