WCI #369: Mortgages, Universal Life Insurance and Annuities
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 30 May 2024
⏱️ 49 minutes
🧾️ Download transcript
Summary
Today we answer several of your mortgage questions including if you should put all the money you can toward your down payment or use some of it to pay off student loans and what kind of mortgage you should get. We discuss a unique situation around a universal life policy and once again answer that for the vast majority of docs no annuity in any of its sneaky forms is a worthy purchase, and finally answer a question about if paying off your student loans slowly actually improves your credit score. We also have a short interview with Jim Sheils over at SI Homes.
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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 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 is for you!
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Transcript
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| 0:00.0 | This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street. |
| 0:06.1 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. This is White Coat Investor Podcast number 369. |
| 0:19.0 | Health care is changing and so are you. |
| 0:21.0 | Your current career goals are probably different than they were five years ago and you probably have questions about how to achieve them. |
| 0:26.0 | Consider locumtenants as a solution. |
| 0:28.0 | Locum Story.com is all the information you need to learn about all the benefits of |
| 0:32.2 | locum's and how it can work for you. |
| 0:34.4 | On the Locum Story Podcast, you can find expert interviews with positions who worked |
| 0:37.9 | local tenants firsthand and share what their experiences like, along with advice for others looking to do the same. |
| 0:43.2 | Tune into the Locum Story Podcast on Spotify, Apple, or Google Podcasts. |
| 0:48.2 | Thanks for being back with us. |
| 0:49.5 | We're recording this today on May 3rd. |
| 0:51.9 | I don't think it drops till the end of the month though. So if something |
| 0:54.5 | big happens this month and we don't mention it, that's why. We have something really cool |
| 1:00.5 | to announce though. For years people have asked us for student and resident specific |
| 1:08.1 | material specifically when it comes to our online courses. We have taken your feedback into consideration and we have |
| 1:17.1 | done what you wanted. There are now four versions of Fire your financial Advisor. This is our flagship online |
| 1:26.4 | course, the one that's designed to help you get a written investing plan or |
| 1:29.9 | written Financial Plan in place. There is Fire Your Financial Advisor for written financial |
| 1:34.2 | plan in place. |
| 1:35.2 | for students. |
| 1:36.2 | There is fire your financial advisor for residents. |
... |
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