WCI #298: Leaving a Bad Advisor
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 19 January 2023
⏱️ 62 minutes
🧾️ Download transcript
Summary
Today Dr. Dahle answers a wide variety of your questions including what HSA contribution rules are, the importance of spending money instead of just saving it, if it is a good idea to change your financial plan to take advantage of a down market and many others! He once again talks about the importance of ditching your bad financial advisors and what to do with actively managed mutual funds when you do decide to break ties with said bad advisor.
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Transcript
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| 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. |
| 0:15.0 | Sponsored this episode, 37th parallel is a private multi-family acquisitions and asset management firm based in Richmond, Virginia. |
| 0:21.5 | Since 2008, they've completed close to 1 billion multi-family transactions with a 100% profitable track record for our clients. |
| 0:28.9 | They provide a vertically integrated investment platform fund and single asset investments for high net worth, family office, and institutional investors seeking tax advantage income and equity growth. |
| 0:37.9 | They specialize in class AB, apartment communities, and demographically strong markets in Texas, Georgia, Florida, and the Carolinas. |
| 0:44.9 | Learn more about 37th parallel and the special investment discounts available only to White Code Investors and Whitecodeinvestor.com slash 37th parallel. |
| 0:53.9 | Welcome back to the White Code Investor Podcast. I am your host, Flying Solo, today. I am Jim Dolly. I'm an emergency physician. I practice in Utah. I am the founder of the White Code Investor. |
| 1:04.9 | 12 years ago, I decided that docs should get a fair shake on Wall Street, and they were not getting it. |
| 1:12.9 | I thought, well, how can I reach as many of them as I can? There was this new fangled internet thing and blogs out there, and I decided to start one. It blew up, and it subsequently grown into a lot of different things, including this podcast, which actually now has more reach than the blog. |
| 1:27.9 | Thank you for listening to the podcast. Our mission here is to help you get a fair shake. We want to connect you with the good guys in the industry, run the bad guys out of business, and mostly help you to become financially literate, |
| 1:40.9 | financially disciplined, and financially free. So I hope it has been beneficial to you. If there are things you would like to see us do better, please tell us the easiest way to do it is to take our survey. It's open for a few more days. |
| 1:55.9 | Whitecodeinvestor.com slash survey will bribe you to take it. There's going to be a random drawing for people who take the survey. Some are going to win t-shirts. I think we're going to go to 20 t-shirts. |
| 2:05.9 | And somebody's going to win a free online course worth thousands or hundreds of dollars. Well, I guess it could be thousands of dollars, depending on which course you choose. It's your choice, which of our courses you want to take. |
| 2:15.9 | But please take that survey. Help us help you. |
| 2:20.9 | Something else I want you to know about is a startup school. This is expert witness startup school. If you have thought that you would like to be an expert witness, you can just do it for the defense if you want. |
| 2:35.9 | You don't have to be, you know, work for, you know, the prosecution, but most people do both and just try to give their honest opinion of what the standard of care would be in a case. |
| 2:45.9 | But if that is something you're interested in doing and you want to learn how to do it, you want someone to take you soup to nuts and show you how to become an expert witness and use all this knowledge you spent a decade accumulating to do a little bit of a side gig, which most people say also helps them in their own practice to be a better doc. |
| 3:05.9 | We have a course that will help you to do that. Okay. That course card opens on January 20th. It closes on January 30th. So I'm recording this before Christmas. So if the world changed in the last few weeks, like it did around the pandemic, and I sound really out of touch, you know, if Russian invaded Alaska or something and I didn't even mention on this podcast, that's why. |
| 3:27.9 | But basically you're listening to this on the 26th, 27th, 28th of January, you only have to the 30th at midnight Pacific time if you want to sign up for this startup school. |
| 3:38.9 | You'll have lifetime access to the material. You get access to all the modules as soon as you enroll. |
| 3:43.9 | And it takes place over four weeks with weekly recorded modules and one weekly live Q and A via zoom. There's eight recorded video modules. |
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