I get a lot of comments and emails from docs, and I spend a fair amount of time on both physician-specific and financial forums. I’m often surprised to see doctors carrying debt that I consider completely unnecessary. Unnecessary debt A car loan The classic example is a car loan. It could be an attending physician […]
Sometimes here in WCI land we think that all doctors make billions of dollars, save 75% of it, get a 25% return, never pay taxes and retire as decam millionaires. In the real world none of that is the case. Every month I see data showing that many regular doctors are not saving much for […]
A doctor who does not retire as a multi-millionaire has failed. There I said it. Hot taken. Tweet it out. Maybe it will make some people feel bad, but I don’t care anymore. Because I think the doctors who aren’t on the path to multi-millionaires need to be shocked out of their complacency, and maybe […]
[EDITOR’S NOTE: With interest rates dropping, is real estate investing a good fit for you? WCI founder Dr. Jim Dahle will answer that and all of your other questions on Thursday, November 20, at 6pm MT during our free online session, What Doctors Must Know About Real Estate Investing. He’ll talk about how to boost […]
By Dr. Jim Dahle, founder of WCI I am often told, usually by an experienced physician, that other physicians owe something to society, usually in exchange for the cost of their training. This is in response to several scenarios. It could be: Someone retires early Someone who works part-time A doctor having a baby or […]
[EDITOR’S NOTE: Want to make a huge impact in the lives of your medical school classmates while also earning some free gear? Become a WCI Champion today and be the financial hero your med school colleagues deserve by passing out free copies of The White Coat Investor’s Guide for Students book. If you’re a first-year […]