WCI #387: Common Sense Investing With Rick Van Ness
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 3 October 2024
⏱️ 52 minutes
🧾️ Download transcript
Summary
This episode we interview prominent Boglehead published author Rick Van Ness. Rick has made a career of teaching financial literacy to the world. We review his ten principles for common sense investing as well as hear why Rick thinks bonds are worth investing in. He talks about his current passion, which we here at WCI understand, getting a financial plan in place. We discuss the importance of knowing what you value and making a plan that accounts for that.
Getting quality disability and life insurance should be the first financial chore for a doctor to complete. Most docs don't have the ideal policy for their gender, specialty, state, or health status and 1 in 7 doctors get disabled at some point during their career. Because these policies can only be purchased through brokers, we have put together a list of vetted agents who are experienced with working with the specific needs of medical professionals and who have your best interest at heart. If you have questions about insurance and what kind of policies would be the best fit for you, check out our insurance recommended list at https://www.whitecoatinvestor.com/insurance and feel the peace of mind that comes with knowing you have the optimal policy in place. 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 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. Hello, W.C. I'm still taking some time off to rest and recover from my accident. |
| 0:20.0 | But don't worry, I'll be back in a few weeks. |
| 0:23.0 | Until then, enjoy this episode from the podcast archives. |
| 0:27.0 | This is White Coat Investor Podcast, common sense investing with Rick Van Ness. |
| 0:32.0 | This episode is brought to you by SoFi helping medical professionals. investing with Rick Van Ness. |
| 0:32.6 | This episode is brought to you by SoFi helping medical professionals like us bank borrow |
| 0:36.1 | and invest to achieve financial wellness. |
| 0:38.2 | SoFi offers up to 4.6% APY on their savings accounts as well as an investment platform, financial planning, and student loan |
| 0:44.4 | refinancing, featuring an exclusive rate discount for med professionals and $100 month payments for residents. |
| 0:50.0 | Check out all that sofai offers at whitecoat investor.com com slash soFi. Funds originated by SoFi Bank N. A |
| 0:55.3 | NMLS 69891. Advisory services by SoFi WealthC. |
| 0:58.3 | The brokerage product is offered by SoFi securities LLC. |
| 1:00.5 | Remember FINRA SIPC SIPC investing comes with risk, |
| 1:02.6 | with loss, additional terms and conditions may apply. |
| 1:06.0 | Our quote of today today comes from non-agenarian, |
| 1:09.3 | Taylor Laramore, who says when experts disagree, |
| 1:11.8 | often it is because it doesn't matter much. |
| 1:14.0 | I was actually able to participate in Taylor's a birthday party. |
| 1:18.0 | It was an online Zoom birthday party a few weeks ago. |
| 1:21.0 | Always great to hear from him. It's always great to hear from him. It's always great to hear from you. |
| 1:24.4 | I like hearing about your challenges, your successes. I like hearing about you know |
... |
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