This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street.

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

Here's your host, Dr. Jim Dolly.

Welcome to Whiteco Investor Podcast Number 80,

answering listener questions.

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's no reason to feel guilty about it.

Just make sure you're 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 whitecoat investor. dot com financial dash advisors.

You can do this and the White Code Investor can help.

Thanks for what you do.

I might be the only one who tells you that this week,

so I wanted to make sure I got it out right up front in the

podcast I know a lot of you appreciate that because you've got difficult jobs

our quote of the day today comes once again from Morgan Housall who said

wealth in fact is what you don't see.

It's the cars not purchased, the diamonds not bought, the renovations postponed, the clothes

foregone, and the first-class upgrade declined.

Its assets in the bank that haven't yet been converted into the stuff you see.

And I think that is so true and important to realize that.

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