WCI #374: Asset Protection, 529s and the SAVE Plan

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 4 July 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we are answering more of your questions. We start off talking about a terrible fraud situation and how to attempt to mitigate the damage. We answer a few questions about asset protection and then a few questions about 529 accounts and how to use them. Finally we discuss the SAVE Plan and the current and extremely generous governmental programs available to docs.

Today’s episode is brought to you by SoFi, helping medical professionals like us bank, borrow, and invest to achieve financial wellness. SoFi offers up to 4.6% APY on their savings accounts, as well as an investment platform, financial planning, and student loan refinancing…featuring an exclusive rate discount for med professionals and $100/month payments for residents. Check out all that SoFi offers at https://www.whitecoatinvestor.com/Sofi
*Loans originated by SoFi Bank, N.A., NMLS 696891. Advisory services by SoFi Wealth LLC. The brokerage product is offered by SoFi Securities LLC, Member FINRA/SIPC. Investing comes with risk including risk of loss. Additional terms and conditions may apply.

To nominate The White Coat Investor for The 2024 People's Choice Podcast Awards, please visit: https://www.WhiteCoatInvestor.com/Vote

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!

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 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 Code Investor Podcast, number 374.
0:19.0	Today's episode is brought to you by Sofa, helping medical professionals like us bank borrow and invest to achieve
0:24.1	financial wellness. SoFi offers up to 4.6% APY on their savings accounts as well
0:29.6	as an investment platform, financial planning and and student loan refinance,
0:33.2	feature an exclusive rate discount for med professionals,
0:36.1	and $100 a month payments for residents.
0:38.4	Check out all that SoFi offers at whitecode investor.
0:40.9	Com slash soFi.
0:42.2	Funds originated by Soapai Bank N.
0:43.0	Animal S-96891 Advisory Services by Soapai Wealth LLC.
0:46.2	The brokerage product is offered by Soapai Securities LLC member of FINRA
0:48.5	SIPC. Investing comes with risk, including risk, loss, additional terms of conditions
0:51.6	may apply. By the way, we have a chance to win the People's Choice Award for the best business and or best educational
0:59.0	podcasts of the year.
1:00.4	We need your help.
1:01.4	We need you to help us reach more doctors and spread financial literacy.
1:06.0	So this is a great and free way to give back and support W.C. I don't care if we win this award.
1:12.0	But I know that winning things like this helps spread the word. And spreading the word I do care about because I know there's a lot of people out there that have never heard of the white code investor that this message can really help.
1:23.4	So all you need to do is go to the White Code Investor.com slash vote link and nominate the
1:30.2	WCI podcast. The more nominations we get, the more people we reach, the higher likelihood that we win and can reach even more people.
1:37.0	So that nomination period runs from now until July 31st.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.