WCI #115: How to Fix Your Investment Mistakes

WCI #115: How to Fix Your Investment Mistakes

Unlike our typical shows where we answer questions people have pre-recorded, this episode will be a bit of a back and forth with a listener who had a lot of questions. She is missing one key element that could answer many of the questions she asks in this episode. It is a written investing plan. 95% of people out there are in the same boat. They come to me with a question of, "Should I buy this fund or this fund?" I'm like, "For what? What's the plan? What's the goal?" Without the plan it is hard to get your finances organized and on track for your goals. We talk about how you can create a written investing plan in this episode. We discuss how to set reasonable goals and what should be your next level in personal finance. Whether you are just starting out in your journey to understanding your finances or you have listened to all 114 podcast episodes before this, I think you will find something valuable you can apply to your financial life in this episode. See the show notes at https://www.whitecoatinvestor.com/

Do you ever find yourself wishing there was somewhere to go to ask your finance, insurance or investing questions? The White Coat Investor community is a great place to turn. We have a thriving community across all of our social channels - facebook, twitter, instagram, reddit and our WCI forum. We have been discussing solutions to your money problems since 2011. Join the conversation with thousands of other White Coat Investors. Follow WCI on your favorite social media platform for financial resources, tips and strategies. Just head to your platform of choice and search for The White Coat Investor. You can do this and The White Coat Investor can help.

The https://www.whitecoatinvestor.com/scholarship/ competition is heating up again. This is an essay contest for medicine, osteopathy, podiatry, dentistry, law, pharmacy, optometry, physician assistant, nurse practitioner, CRNA, veterinarian students. Submit your essays to scholarship@whitecoatinvestor.com

The White Coat Investor Financial Bootcamp is out in audio book now. Check it out at https://www.whitecoatinvestor.com/BootcampAudible

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!

Main Website: https://www.whitecoatinvestor.com
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WCI #491: How Safe Is Your Cash? FDIC and SIPC Explained

WCI #491: How Safe Is Your Cash? FDIC and SIPC Explained

If your bank or brokerage failed tomorrow, would your money actually be protected? In this episode we break down how FDIC protections actually work and what those protections mean for your money. We a...

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MtoM #294: This Couple Paid Cash for a $200,000 Camper Van

MtoM #294: This Couple Paid Cash for a $200,000 Camper Van

Should you ever save up and pay cash for something as expensive as a $200,000 custom camper van, or does that break every rule of personal finance? In this Milestones to Millionaire episode, Teresa, a...

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WCI #490: Do Doctors Get Paid Enough?

WCI #490: Do Doctors Get Paid Enough?

Is it reasonable for a physician earning multiple times the median household income to feel financially strained, or has perspective gotten lost somewhere along the way? In this episode, Dr. Jim Dahle...

24 Syys 41min

MtoM #293: $250K Net Worth During Residency

MtoM #293: $250K Net Worth During Residency

How does a third-year orthopedic surgery resident, a stage where most physicians carry significant debt, end up with a net worth north of $250,000? In this Milestones to Millionaire episode, Aaron sha...

21 Syys 32min

WCI #489: Advanced Financial Planning Q&A for Physicians

WCI #489: Advanced Financial Planning Q&A for Physicians

In this episode, Dr. Jim Dahle is joined by financial planner Dr. Tyler Scott to work through a wide range of advanced financial planning questions. They cover whether to open a single 529 account for...

17 Syys 1h 15min

MtoM #292: From $8 Million to $20 Million Net Worth in Four Years

MtoM #292: From $8 Million to $20 Million Net Worth in Four Years

How does a practicing OB-GYN go from $8 million to over $20 million in net worth in just four years? In this Milestones to Millionaire episode, Allen returns four years after his first appearance on t...

14 Syys 41min

WCI #488: Is Whole Life Insurance Ever a Good Idea?

WCI #488: Is Whole Life Insurance Ever a Good Idea?

Is whole life insurance ever actually the right choice for you? In this episode, Dr. Jim Dahle breaks down how whole life insurance works, why it costs significantly more than term life insurance, and...

10 Syys 49min

MtoM #291: Surgeons Raise $1.6 Million for a Healthcare AI Startup

MtoM #291: Surgeons Raise $1.6 Million for a Healthcare AI Startup

How do two orthopedic surgeons with no formal business training raise over $1 million to build a healthcare technology startup? In this Milestones to Millionaire episode, Todd and Justin, orthopedic s...

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