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White Coat Investor Podcast

WCI #314: Loving Your Timeshare with Dr. Cory Fawcett

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Business, Health & Fitness, Medicine

4.82.4K Ratings

🗓️ 11 May 2023

⏱️ 53 minutes

🧾️ Download transcript

Summary

Dr. Cory Fawcett joins us today to make the case for timeshares. He takes the much less voiced opinion that timeshares are awesome. He shares who he thinks are the right candidates for timeshares and who are not. He also talks about how to make the most of them. As a timeshare owner for over 30 years he believes for the right people they can be a fantastic way to travel. We hope you enjoy the friendly debate between Dr. Fawcett and Dr. Dahle.

If you're like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency. And even though your family - and perhaps even your business - rely on you to be the Chief Financial Officer, you have never been given the tools to succeed. Enroll in WCI Financial Boot Camp, a FREE educational email series, and learn to convert your high income to wealth. You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success, but as always, we want to help you on your financial journey. Go to https://www.whitecoatinvestor.com/financialbootcamp to sign up today! 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!

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the Whitecode Investor Podcast, where we help those who wear the Whitecode 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.

0:16.0

This is Whitecode Investor Podcast number 314, loving your time share with Dr. Cory Fawson.

0:21.0

It's great having you back with us on the podcast. We love having you. We love doing the podcast.

0:27.0

We hope you enjoyed listening to it as much as we do producing it.

0:30.0

This podcast is guided by you. What you want to hear about it. There's stuff on here that's like,

0:36.0

we hate this. Don't tell us that anymore. Don't talk about that. There's too much of this. Let us know. Send us feedback.

0:41.0

Obviously, if you tell us, take all the ads out. You can't have a podcast. I'm not producing this. For free, I got staff. I got a paim. We're going to have ads.

0:50.0

But otherwise, the content you want to hear about is what we're going to talk about. If you want to hear about more basic stuff,

0:56.0

ask more basic questions on the SpeakPike, the Whitecode Investor.com slash SpeakPike.

1:01.0

If you want to get into the weeds, we're more than willing to do that as well. We'll talk about what you want to talk about.

1:06.0

Let us know by email. Let us know on the SpeakPike. And we'll keep bringing you great content for a long time to come.

1:13.0

Today's episode is brought to us by SoFi. Right now, qualifying medical professionals can refinance their private student loans with an up to 1% rate discount.

1:21.0

If you're still a resident with SoFi student loan refinancing, you could pay just $100 a month during your residency.

1:27.0

And this is SoFi. Remember, you'll have access to a powerful set of tools, education, even financial planners help you not only save money,

1:33.0

but help you get on the road to financial freedom. Check out their payment plans and interest rates of SoFi.com slash Whitecode Investor.

1:40.0

SoFi student loans are originated by SoFi bank and a member FDIC, additional terms and conditions may apply and the molest 696891.

1:50.0

All right. Thanks for what you do out there. Might be on your way home. Might be on your way to work. Maybe you have a bad day. Maybe somebody died on you.

1:59.0

I don't know. Lots of bad things happen in this world. And many of you are on the front lines to watch and it can be hard.

2:06.0

So I want to tell you no one said thanks. Thank you for what you do.

2:11.0

Bill Schultzice taught a lesson that I think is important for doctors to know both in their doctrine and in their finances.

2:17.0

He said, having the guts to say, I don't know can be refreshing. And it's nice to be able to say, my crystal ball is cloudy.

...

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