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White Coat Investor Podcast

WCI #47: Staying the Course, Stock Purchase Plans, and TSP Loans

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Investing, Business, Health & Fitness, Medicine

4.82.4K Ratings

🗓️ 29 March 2018

⏱️ 25 minutes

🧾️ Download transcript

Summary

In this episode Dr. Dahle answers listeners' questions about staying the course with your investing, stock purchase plans, and TSP Loans.

If you are finding our podcasts informative and helpful we would encourage you to sign up for our monthly newsletter! It is totally free and includes useful, actionable information NOT AVAILABLE on the regular blog posts. It's almost like being in a secret club - the kind of club that can boost your knowledge and enhance your wealth at the same time - with no strings attached. Visit https://www.whitecoatinvestor.com/newsletter 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 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 White Code Investor Podcast, where we help those who wear the White Code 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.

0:12.0

Here's your host, Dr. Jim Dolly.

0:20.0

Welcome back to the podcast. This is episode number 47.

0:23.0

If you're finding our podcast informative and helpful, we would encourage you to sign up for our monthly newsletter.

0:28.0

It is totally free and includes useful, actionable information not available on the regular blog posts or this podcast.

0:35.0

It's almost like being in a secret club, the kind of club that can boost your knowledge and enhance your wealth at the same time with no strings attached.

0:42.0

Sign up today at whitecodeinvestor.com slash newsletter. You can do this and the White Code investor can help.

0:48.0

Thank you for what you do. Cancer sucks.

0:52.0

I just saw a gentleman in the ER this week who was mostly anxious about his recent pancreatic cancer diagnosis.

1:00.0

When I sat down and talked to him, what he was most worried about was that he was going to die.

1:05.0

Well, the truth of the matter is he probably is going to die. I mean, none of us get out of here alive, but he's probably going to die sooner rather than later based on this diagnosis.

1:14.0

And pancreatic cancer is an nasty one. There's no doubt about it. I've got a brother-in-law or brother-in-law who's at a young age and is dealing with this as well.

1:24.0

It turns out his cancer is inoperable. It's just wrapped around some blood vessels and they're really not going to be able to do much about it.

1:30.0

And these are the people that we help every single day. Sometimes we cure them, sometimes we don't, but we can always make their lives a little bit better and provide a little bit of value to them.

1:41.0

You don't kid yourself that there's not an emotional toll that that takes on you as you take care of these people.

1:47.0

You're not invincible either, and that's why it's so important for you to have both disability and life insurance if anybody else is depending on you.

1:55.0

In fact, I think there were even some docs who weren't able to come to the White Code Investor Conference because bad things had happened to them.

2:02.0

Family members hadn't been able to had died and they had to go to the funeral. Other docs were diagnosed with an illness or became disabled in between the time they signed up for the conference and when the conference was.

2:14.0

And so it's important to realize that none of us are immortal and these bad things can't happen to us.

2:21.0

They ensure against the financial catastrophes and enjoy every minute of your lives.

2:27.0

Speaking of the conference, we're going to have the videos for the conference available here. More details can be found on the website, but it will be an online course, kind of like the Fire Your Financial Advisor course we talked about a few episodes ago.

...

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