WCI #423: Rollovers, Roth, and Investing
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 12 June 2025
⏱️ 48 minutes
🧾️ Download transcript
Summary
Today we are back to our most asked about topic: Roth. We answer a question about rollovers, then we talk about Mega Backdoor Roth and then the regular backdoor Roth and the pro rata rule. We then switch gears and talk about high yield dividend funds and answer a question about asset allocation and asset location. We end the episode talking about what to do if you are averse to the S&P500 including Coinbase.
Laurel Road is committed to serving the unique financial needs of residents and doctors. We want to help make your money work harder and smarter. If credit card debt is weighing you down and you’re struggling with monthly payments, a personal loan designed for residents with special repayment terms during training may be exactly what you need to consolidate your debt. Check your rates in minutes to see if you qualify for a lower rate, plus, White Coat Readers also get an additional rate discount when they apply through https://LaurelRoad.com/WCI. For terms and conditions, please visit https://www.LaurelRoad.com/WCI.
For terms and conditions, please visit https://www.LaurelRoad.com/WCI. Laurel Road is a brand of KeyBank N.A. Member FDIC. All products are offered by KeyBank N.A. Member FDIC. ©2025 KeyCorp® All Rights Reserved.
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. |
| 0:06.2 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. |
| 0:16.0 | This is White Coat Investor Podcast number 423. |
| 0:19.1 | Brought to you by Laurel Road for Doctors. |
| 0:21.2 | Lower Road is committed to serving the unique financial needs of residents and doctors. |
| 0:25.0 | We want to help make your money work harder and smarter. |
| 0:28.6 | If credit card debt is weighing you down, you're struggling with monthly payments, |
| 0:31.5 | a personal loan designed for residents with special repayment terms during training |
| 0:34.9 | could help you consolidate your debt. |
| 0:37.2 | Check if you qualify |
| 0:38.0 | for a lower rate. Plus, white coat readers also get an additional rate discount when they apply |
| 0:42.2 | through Laurelroad.com forward slash WCI. For terms and conditions, please visit www. |
| 0:47.4 | lower road.com forward slash WCI. That's www. lower road.com forward slash Wc. Lower Road is a brand key bank and a member FDIC. |
| 0:58.4 | All right. Welcome back to the White Code Investor podcast. We're glad you're here. We're glad you're |
| 1:04.1 | doing what you do out there in your life. I had a wonderful opportunity to raft recently with a medical |
| 1:09.7 | student at the University of Oklahoma. |
| 1:13.2 | And boy, it's always refreshing to talk to people at the beginning of this wonderful career |
| 1:19.1 | and see their optimism and their zeal. |
| 1:21.8 | And, you know, as they're staring at, you know, a decade plus of training, |
| 1:26.3 | it's pretty wild to, you know, compare that to the burned out |
| 1:31.4 | doctors I talked to in mid-career that I definitely have somewhat different priorities. But kudos to |
| 1:38.8 | those of you who have come into this career and are doing it for the right reason and can stay committed to it for a long, |
... |
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