The White Coat Investor: A Doctor's Guide to Personal Finance and Investing

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection.

This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books.

This book will teach you how to:

  • Graduate from medical school with as little debt as possible
  • Escape from student loans within two to five years of residency graduation
  • Purchase the right types and amounts of insurance
  • Decide when to buy a house and how much to spend on it
  • Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor
  • Avoid investments which are designed to be sold, not bought
  • Select advisors who give great service and advice at a fair price
  • Become a millionaire within five to ten years of residency graduation
  • Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes
  • Protect your hard-won assets from professional and personal lawsuits
  • Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die
  • Minimize your tax burden, keeping more of your hard-earned money
  • Decide between an employee job and an independent contractor job
  • Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation
  • Take a look at the first pages of the book by clicking on the Look Inside feature

    Praise for The White Coat Investor

    "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street

    "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books

    "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing

    "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO

    "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD

    "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E. Wilde, MD

    Scroll up, click the buy button, and get started today!
    1144607358
    The White Coat Investor: A Doctor's Guide to Personal Finance and Investing

    Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection.

    This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books.

    This book will teach you how to:

  • Graduate from medical school with as little debt as possible
  • Escape from student loans within two to five years of residency graduation
  • Purchase the right types and amounts of insurance
  • Decide when to buy a house and how much to spend on it
  • Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor
  • Avoid investments which are designed to be sold, not bought
  • Select advisors who give great service and advice at a fair price
  • Become a millionaire within five to ten years of residency graduation
  • Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes
  • Protect your hard-won assets from professional and personal lawsuits
  • Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die
  • Minimize your tax burden, keeping more of your hard-earned money
  • Decide between an employee job and an independent contractor job
  • Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation
  • Take a look at the first pages of the book by clicking on the Look Inside feature

    Praise for The White Coat Investor

    "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street

    "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books

    "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing

    "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO

    "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD

    "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E. Wilde, MD

    Scroll up, click the buy button, and get started today!
    24.99 In Stock
    The White Coat Investor: A Doctor's Guide to Personal Finance and Investing

    The White Coat Investor: A Doctor's Guide to Personal Finance and Investing

    The White Coat Investor: A Doctor's Guide to Personal Finance and Investing

    The White Coat Investor: A Doctor's Guide to Personal Finance and Investing

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    Overview

    Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection.

    This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books.

    This book will teach you how to:

  • Graduate from medical school with as little debt as possible
  • Escape from student loans within two to five years of residency graduation
  • Purchase the right types and amounts of insurance
  • Decide when to buy a house and how much to spend on it
  • Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor
  • Avoid investments which are designed to be sold, not bought
  • Select advisors who give great service and advice at a fair price
  • Become a millionaire within five to ten years of residency graduation
  • Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes
  • Protect your hard-won assets from professional and personal lawsuits
  • Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die
  • Minimize your tax burden, keeping more of your hard-earned money
  • Decide between an employee job and an independent contractor job
  • Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation
  • Take a look at the first pages of the book by clicking on the Look Inside feature

    Praise for The White Coat Investor

    "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street

    "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books

    "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing

    "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO

    "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD

    "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E. Wilde, MD

    Scroll up, click the buy button, and get started today!

    Product Details

    ISBN-13: 9780991433100
    Publisher: White Coat Investor LLC the
    Publication date: 01/09/2014
    Series: The White Coat Investor
    Pages: 208
    Sales rank: 77,344
    Product dimensions: 8.80(w) x 5.90(h) x 0.80(d)

    About the Author

    James M. Dahle, MD, when not out skiing, mountain biking, or rock climbing with his wife and three children, practices emergency medicine in suburban Utah. As a medical resident, he grew tired of being ripped off by unscrupulous financial professionals including mutual fund salesmen, insurance agents, realtors, mortgage lenders, and stock brokers and began educating himself on the ins and outs of personal finance and investing. In 2011, he started The White Coat Investor, now the most widely read, physician-specific personal finance and investing blog in the world, with nearly 200,000 page views per month. His writing helps doctors avoid the mistakes he made and get a "fair shake" on Wall Street.

    Dr. Dahle is a featured columnist for ACEP Now and Physician's Monthly Digest. His work has also been featured in Medical Economics, Practice Link Magazine, Ophthalmology Business, American Academy of Dermatology Young Physician Focus, and The ACEP Young Physicians Section Newsletter. He also participated in writing The Bogleheads Guide to Retirement Planning.

    Dr. Dahle has found the light at the end of the long, dark tunnel of medical training. Despite ever-increasing medical student debt burdens, decreasing reimbursements, and increasing regulatory hassle, he became a millionaire at age 38, just ten years after graduating from medical school. He achieved this success not with burnout-inducing levels of hard work nor long periods of financial deprivation, but rather with solid financial decision-making and a prudent financial approach to the first few years out of residency.

    Now he shares his wisdom with medical students, residents, physicians, dentists and similar high income professionals so they can free themselves from debt, quit worrying about money, build wealth, live "the good life," and get back to practicing medicine on their own terms. The principles he espouses are neither complicated nor risky, but the process of becoming wealthy as a physician is by no means automatic.

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