WCI #270: Tax-Loss Harvesting, Mortgages, Side Gigs and More!
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 7 July 2022
⏱️ 62 minutes
🧾️ Download transcript
Summary
No surprise, when markets go down people start wondering about tax-loss harvesting. The markets are down over 24% on the year and it can really feel like a bad time to be an investor. We want you to remember to stay the course. Bear markets are an expected part of investing. They happen every few years. Don't deviate from your financial plan. Take this opportunity to do some tax-loss harvesting and then stay the course. We have had all kinds of questions about tax-loss harvesting and we will tackle those in this episode as well as a few questions regarding side gigs, mortgages, 529s and UGMA accounts. See full show notes here: https://www.whitecoatinvestor.com/tax-loss-harvesting-mortgages-side-gigs-and-more-270
Still not sure what to do with your student loans? Overwhelmed with how to tackle that giant debt in an ever changing political climate? The experts at StudentLoanAdvice.com are here to help guide you through the best options to manage your loans – our experienced staff have consulted on over $250M in student loan debt, and the average studentloanadvice.com client has saved over $190,000 dollars. You will receive a customized student loan plan using the principles of The White Coat Investor, get answers to all of your student loan questions, gain clarity about your financial future and start down the right path toward financial freedom. Book a consult today at https://www.studentloanadvice.com. 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!
Main Website: https://www.whitecoatinvestor.com
YouTube: https://www.whitecoatinvestor.com/youtube
Student Loan Advice: https://studentloanadvice.com
Facebook: https://www.facebook.com/thewhitecoatinvestor
Twitter: https://twitter.com/WCInvestor
Instagram: https://www.instagram.com/thewhitecoatinvestor
Subreddit: https://www.reddit.com/r/whitecoatinvestor
Online Courses: https://whitecoatinvestor.teachable.com
Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter
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. |
| 0:05.3 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. |
| 0:14.9 | This is White Code Investor Podcasts, number 270. |
| 0:17.9 | Tax loss harvesting, mortgages, side gigs, 529s, and UGMA accounts. |
| 0:22.8 | I'm here with my co-host, Mrs. Spath, and my name is Jim Dolly, the founder of the White Code Investor. |
| 0:29.1 | Welcome to the podcast, thisha. |
| 0:31.1 | Thank you for having me. |
| 0:33.1 | Let's tell them about our sponsor. |
| 0:34.6 | Now is a great time to start thinking about reviewing your last tax plan, or starting a new one to make sure you're taking advantage of all the available strategies. |
| 0:42.1 | Waiting too long into the year can result in lost opportunities to keep more of your hard-earned money in your pocket. |
| 0:47.1 | If you haven't heard about cerebral tax advisors, physicians all over the country work with them to lower their personal and business taxes through court-tested, nires-approved tax strategies. |
| 0:56.1 | Medical professionals rely on cerebral tax advisors for proactive tax planning strategies for doctors, helping them lower their effective tax rate and increase their wealth. |
| 1:04.1 | If you'd like to find out more, schedule a reconciltation, visit their website at www.cerebraltaxadvisors.com. |
| 1:13.1 | Alright, great opportunity there. If you haven't met Alexis Galati, you can talk with her. It's cerebral, a great person, and lots of awesome stuff they're doing there. |
| 1:24.1 | Well, it's good to have you back on here. I haven't talked to you for a few weeks. I guess it's summertime, and we've been off doing fun stuff or working or something. |
| 1:31.1 | I know, right. Thank God. I'm so happy about this weather. I need the vitamin D. |
| 1:37.1 | How are you? |
| 1:39.1 | It's good out here. Other than the drought we're having here in Utah, but I've been down to the lake. |
| 1:45.1 | I spent last week at the lake, helping with a young women's camp down there and doing lots of fun stuff with them, driving the boat in circles, as usual. |
| 1:54.1 | I was going really great until one of those circles involved a rock. So I ended up having to do an underwater propeller change, which is always good fun. |
| 2:00.1 | Oh, my God. |
| 2:02.1 | Glad to be back in the studio today doing this with you. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Dr. Jim Dahle of the White Coat Investor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dr. Jim Dahle of the White Coat Investor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.