How To Get Rich as a Doctor - WCI Podcast

  Рет қаралды 33,411

The White Coat Investor

The White Coat Investor

Күн бұрын

Пікірлер: 38
@imdoc7872
@imdoc7872 2 жыл бұрын
I’m a hospitalist in FL. My wife and I became millionares at 42 years of age. The key is to live below your means. We prioritize travel and our kids’ schooling. We are on track to retire in our early 50’s. Btw, this channel is money.
@thewhitecoatinvestor
@thewhitecoatinvestor 2 жыл бұрын
Congratulations on your success, both financially and personally.
@arnoldjeans9913
@arnoldjeans9913 5 ай бұрын
Do you use a financial advisor ?
@imdoc7872
@imdoc7872 5 ай бұрын
@arnoldjeans9913 no. I followed the Dave Ramsey baby steps with the exception that my stock portfolio is Warren Buffett style 90% s&p500 index fund and 10% short term treasury bonds for my 401k. My roth ira and HSA accounts are similar but instead of 10% bonds I invest into SCHD. I just created a real estate investment company and purchased my first rental property. I’m going to start investing into REIT’s with the cash flow. You really do not need a financial advisor but if you need guidence you can meet with one and pay them hourly rather than have them manage your money for a percentage. Good luck!
@15benpetersen
@15benpetersen 5 жыл бұрын
Who else listens to him at 1.5-2x speed?
@amphindian
@amphindian 4 жыл бұрын
He talks very.... deliberately
@mbb1849
@mbb1849 Жыл бұрын
Thanks for the tip. His pace had actually deterred me from listening to his videos for a while.
@ero1456
@ero1456 Жыл бұрын
Can you speed up KZbin ?
@RiverDogRun
@RiverDogRun 2 жыл бұрын
I paid off all of my student loans (undergrad and med school) within the first year of my pediatric residency. I always paid my cars in cash, and I paid off my 30-year mortgage in less than five years. Yes, it's possible, and I live in Los Angeles, so cost of living is really expensive. It's all about financial discipline, and not spending money that you don't have. Maximize the amount of passive income streams.
@thewhitecoatinvestor
@thewhitecoatinvestor 2 жыл бұрын
Nice work! If you'd like to be on the M2M podcast, fill this out: www.whitecoatinvestor.com/milestones
@arnoldjeans9913
@arnoldjeans9913 5 ай бұрын
Do you use a financial advisor ?
@DrAdnan
@DrAdnan 5 жыл бұрын
As a med student, the title is motivating 😆
@armandosoto2267
@armandosoto2267 5 жыл бұрын
Adnan A hehe ur always on utube mate
@DrAdnan
@DrAdnan 5 жыл бұрын
Armando Soto Yeah haha
@discorabbit
@discorabbit 5 жыл бұрын
“My millionaire parents want to retire early. What should i do!? 😧”
@samuelduncan6449
@samuelduncan6449 4 жыл бұрын
Ikr LOL
@DrBilly90210
@DrBilly90210 5 ай бұрын
As Charles Dickens's character Wilkins Micawber put it “Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” History may not repeat itself, but it does rhyme.
@pnguyen515
@pnguyen515 Жыл бұрын
Very good content! Thank you! I missed the sale period of the course 😢
@thewhitecoatinvestor
@thewhitecoatinvestor Жыл бұрын
Glad it was helpful! The courses do go on sale periodically, so check back for that.
@ero1456
@ero1456 3 жыл бұрын
Just found station. Interventional cardiologist in Florida. Thank you for the great information.
@thewhitecoatinvestor
@thewhitecoatinvestor 3 жыл бұрын
Glad it was helpful!
@toddaustin2198
@toddaustin2198 3 жыл бұрын
Congratulations on 100, Doc!
@thewhitecoatinvestor
@thewhitecoatinvestor 3 жыл бұрын
Thank you! Glad you enjoyed it.
@hanlinting
@hanlinting 5 жыл бұрын
One should realize that all 0% cc charge 3% balance transfer fee thus effectively a 3% interest rate ...so not completely free
@thewhitecoatinvestor
@thewhitecoatinvestor 5 жыл бұрын
The balance transfer fee doesn't apply to purchases, of course.
@toddaustin2198
@toddaustin2198 3 жыл бұрын
Doctor of Chiropractic here from the People's Republic of Illinois. Thankfully I've been in practice for 28 years, in private Self-Employed solo practice for 25 years, and am nearing retirement in 7 to 10 years. I'm not a millionaire yet, but my wife and I are definitely working on it. I discovered this channel 2 months ago. Good stuff, Dr. Dahle!
@thewhitecoatinvestor
@thewhitecoatinvestor 3 жыл бұрын
Happy you found us! Welcome to the WCI community!
@ero1456
@ero1456 3 жыл бұрын
Interventional cardiologist in Florida. Great station.
@thewhitecoatinvestor
@thewhitecoatinvestor 3 жыл бұрын
Thanks!
@docoftheworld
@docoftheworld 5 жыл бұрын
Haha one of the people asking thought he was dictating and said (period) LOL Im also guilty as charged in doing so sometimes in conversations 😂
@nickatnight782
@nickatnight782 Жыл бұрын
Omg I do this all the time when I leave messages for people! Also, if you listen to this podcast it's like 20% of the callers 😂 38:23
@akshay9884
@akshay9884 3 жыл бұрын
How to get rich as a doctor is moving to Arizona
@thewhitecoatinvestor
@thewhitecoatinvestor 3 жыл бұрын
Geographic Arbitrage is real.
@jakedifatta
@jakedifatta 3 жыл бұрын
Why is this a thing?
@ricebowl3
@ricebowl3 2 жыл бұрын
skip med school be a youtuber
@thewhitecoatinvestor
@thewhitecoatinvestor 2 жыл бұрын
Good work if you can get it! I'll be honest though, we don't make much off of KZbin. It takes A LOT of views to really make money off their little ads.
@kritika91
@kritika91 Жыл бұрын
“ my parents only have 1 million saved “ sounds entitled and wants her parents “ advisor fired .
Podcast #191 - Don't Make These 10 Financial Mistakes
34:35
The White Coat Investor
Рет қаралды 7 М.
Lesser Known Tax Strategies - WCI Podcast #353
1:01:18
The White Coat Investor
Рет қаралды 3,3 М.
CAN YOU DO THIS ?
00:23
STORROR
Рет қаралды 49 МЛН
龟兔赛跑:好可爱的小乌龟#short #angel #clown
01:00
Super Beauty team
Рет қаралды 135 МЛН
Passive Real Estate Investing with Passive Income MD
33:07
The White Coat Investor
Рет қаралды 8 М.
Dave Ramsey's Life Advice Will Leave You SPEECHLESS (MUST WATCH)
16:40
FREENVESTING
Рет қаралды 12 МЛН
Financial Psychologist Reveals: The Secret To Building Wealth
49:42
Erika Kullberg
Рет қаралды 212 М.
Anesthesiologist Becomes a Millionaire - MtoM Podcast #168
31:24
The White Coat Investor
Рет қаралды 2,1 М.
Podcast #102- How to Pay for a House
36:06
The White Coat Investor
Рет қаралды 9 М.
"I Got Rich When I Understood This" | Jeff Bezos
8:14
Business Motiversity
Рет қаралды 12 МЛН
How To Get More Sales In Your Business! - Myron Golden
39:47
Ryan Staley
Рет қаралды 86 М.