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White Coat Investor Podcast

WCI #283: Preparing Financially for the Unexpected with Dr. Josh Daily

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Business, Health & Fitness, Medicine

4.82.4K Ratings

🗓️ 6 October 2022

⏱️ 47 minutes

🧾️ Download transcript

Summary

Our guest, Dr. Josh Daily, is a pediatric cardiologist who recently was diagnosed with a brain tumor. He wanted to share his experience of walking the path from diagnosis to healing. He shares his wisdom on how to prepare financially for the unexpected, including what he wishes he would have done differently. He also talks about the importance of cultivating relationships and making the most of life because you never know when your life will change. See the full show notes here: https://www.whitecoatinvestor.com/preparing-financially-for-the-unexpected-with-dr-josh-daily-283 

This episode is sponsored by First Republic Bank. First Republic provides tailored solutions to individuals and businesses with their financial needs at any stage of life. Whether you're opening a savings account, buying your first home, or starting a family, First Republic's commitment to personal service is designed to change the way you feel about banking. Visit https://firstrepublic.com today to learn more. Member FDIC and Equal Housing Lender.

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 coat 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.

0:15.0

This White Code Investor Podcast number 283, preparing financially for the unexpected with Dr. Josh Daly.

0:21.0

This episode is sponsored by First Republic Bank. First Republic provides tailored solutions to individuals and businesses with their financial needs at any stage of life.

0:29.0

Whether you're opening a savings account by in your first home or starting a family,

0:33.0

First Republic's commitment to personal service is designed to change the way you feel about banking.

0:38.0

Visit FirstRepublic.com today to learn more. That's FirstRepublic.com, member FDIC, Equal Housing Lender.

0:45.0

Welcome back to the podcast. October is a beautiful month in Utah. I'm not in Utah. As you listen to this, I'm actually in Croatia.

0:52.0

I hope I'm having a great time, but as we record it, I'm definitely here in Utah. It's actually September 8th, so this doesn't...

0:58.0

drop for a full month. So if there's anything we say in this episode, it seems completely behind the times, because there's some meltdown in the last month, that's why.

1:09.0

We actually did have that happen in the beginning of the pandemic. People are like, why aren't you mentioning anything?

1:14.0

It was because we recorded everything a couple of weeks earlier, but anyway.

1:18.0

Our quote of the day today comes from Randall Bell. If you want to see your future, look where your mind habitually goes when it wanders.

1:26.0

There's a lot of truth to that.

1:29.0

Thanks to all of you out there in Listener Land for what you do. We appreciate you supporting the White Coat Investor Mission and helping promoting financial literacy with your peers.

1:38.0

But we also appreciate your day-to-day work, and that was difficult. And if no one said thanks today, let me be the first.

1:46.0

Alright, it is now October 6th as you're listening to this, or the next few days afterward. There is something huge happening in the next week that you should be aware of.

1:56.0

We're going to open registration to WCIcon23.

2:01.0

Now we've done a number of these. We did one in Park City. It sold out in six days. We did one a couple of years later in Las Vegas. It sold out in 23 hours.

2:11.0

Then the pandemic hit. We did a virtual one in 2021. And then in 2022, we went to Phoenix and had a wonderful event.

2:21.0

Really a fantastic venue down there in Phoenix. This is a venue at the JW Marriott. The Desert Ridge JW Marriott there in Northeastern Phoenix, just North Scottsdale.

2:33.0

And we're going to go back there this year. We did not actually sell out last year, mostly because the pandemic was still going strong when we were doing registration.

...

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