WCI #93: Being a Military Physician
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 14 February 2019
⏱️ 66 minutes
🧾️ Download transcript
Summary
Dr. Schofer is board certified in EM and currently serves in the U.S. Navy. Whenever I write anything inaccurate about being a military doctor he is gracious enough to set me straight. He has been a valuable resource to the WCI community and anyone who has ever thought about doing military medicine would do well to listen to this interview. There are a lot of unique aspects of practicing medicine in the military and we cover them in this episode.
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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 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 Daly. |
| 0:18.0 | This is White Code Investor Podcast, being a military physician. |
| 0:21.0 | Getting quality disability and life insurance should be the first financial chore for a doctor to complete. |
| 0:27.0 | Most docs don't have the ideal policy for their gender, especially state or health status, and one in seven doctors get disabled at some point during their career. |
| 0:35.0 | Because these policies can only be purchased through brokers, we've 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. |
| 0:45.0 | 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 whitecodeinvestor.com slash insurance. |
| 0:54.0 | And feel the peace of mind that comes with knowing you have the optimal policy in place. |
| 0:58.0 | You can do this and the White Code Investor can help. |
| 1:01.0 | Speaking of you, thanks for what you do. |
| 1:03.0 | We have a great guest on today who has decided to serve as country, but in many ways you've decided to serve your country as well. |
| 1:11.0 | And you're providing the valuable service to your communities and to your family and to the other healthcare professionals in the hospital, helping them do their jobs and helping them to accomplish great things. |
| 1:23.0 | So thank you for that. I know it's not always easy. |
| 1:26.0 | Be sure to leave us any questions you may have that you'd like to get answered on the podcast at speakpipe.com slash whitecodeinvestor. |
| 1:33.0 | You basically just record like a 20 or 30 second question. We put it right into the podcast and we'll answer it on the podcast. |
| 1:40.0 | So it makes for a really nice feature when we get to have a few more voices on the podcast. |
| 1:45.0 | Our quote of the day today is from Morgan Howell who said the simple idea that most people wake up in the morning trying to make things a little better and more productive. |
| 1:55.0 | Then wake up looking to cause trouble is the foundation of optimism. It's not complicated. It's not guaranteed either. It's just the most reasonable bet for most people. |
| 2:03.0 | I agree with that. And we've got an optimistic person on the podcast today. Let's get into our interview. |
| 2:09.0 | Today on the whitecode investor podcast, we've got a very special guest here. Commander Joel Schofer is a board certified emergency physician. |
| 2:17.0 | He's got a lot of letters behind his name. He's got an MD. He's got an MBA. He's a fellow of the American Academy of Emergency Medicine. |
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