WCI #52: An Interview with Lara McElderry from Married to Doctors
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 3 May 2018
⏱️ 46 minutes
🧾️ Download transcript
Summary
In this episode I interview Lara McElderry from the Married to Doctors podcast. Some might find that being married to a doctor isn't as glamorous as society assumes. Having a physician spouse and having a strong relationship can be difficult. It is common to feel resentment, friction, and stress in your relationship despite how much you love each other. Lara's mission statement is simple, "Making Successful Homes Happier." We talk about how to do that in this episode.
I estimate that 80% of doctors need, want, and should use a financial advisor and/or an investment manager. Some investment gurus such as Dr. William Bernstein think my estimate is way too low. At any rate, if you want to use an advisor temporarily or for your entire life, there is no reason to feel guilty about it—just make sure you are getting good advice at a fair price. If you need help updating your financial plan or just getting one in place, check out our list of recommended financial advisors at https://www.whitecoatinvestor.com/financial-advisors. 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. |
| 0:06.0 | 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. |
| 0:14.0 | Welcome to episode 52, an interview with Laura McEldery from the Married to Doctors Podcast. |
| 0:25.0 | I estimate that 80% of doctors need want and should use a financial advisor and or an investment manager. |
| 0:31.0 | Some investment gurus such as Dr. William Bernstein |
| 0:34.0 | think my estimate is way too low. |
| 0:36.0 | At any rate, if you want to use an advisor temporarily |
| 0:39.0 | or for your entire life, there's no reason to feel guilty about it. |
| 0:42.0 | Just make sure you are getting good advice at a fair price. |
| 0:45.0 | If you need help updating your financial plan or just getting one in place, |
| 0:49.0 | check out our list of recommended financial advisors at white code investor. |
| 0:52.6 | dot com slash financial dash advisors. |
| 0:55.9 | You can do this and the white code investor can help. |
| 0:58.8 | Thank you so much for what you do. |
| 1:00.4 | I had an interesting patient yesterday with bacterial meningitis and it was one of those patients that you walk into the room and you know she's sick and her next stiff as can be and so you know right what to do from beginning |
| 1:12.3 | But what a wonderful opportunity and so you know right what to do from the beginning. |
| 1:13.0 | But what a wonderful opportunity to really make a difference in somebody's life. |
| 1:17.5 | To use those skills that you spent years of education and training, acquiring |
| 1:22.0 | in order to make a difference. |
| 1:23.6 | To get those antibiotics in as quickly as you can, to get a spinal tap done with the |
| 1:27.3 | expertise you have. |
... |
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