The White Coat Investor

A Doctor's Guide to Personal Finance and Investing

By: James M. Dahle MD

Narrated by: Troy W. Hudson

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 10 years of residency graduation
• 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
• And so much more

©2014 James M. Dahle (P)2016 James M. Dahle

So mind-opening.

incredible book. wish I had seen it sooner. will definitely recommend it to friends and colleagues

Reads poorly. Buy anyways

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An eye-opener

From a physicians perspective who knows and understands the ropes of finances and investing. He provides a best approach method to physicians investments and a few tricks that I intend to employ myself.
I recommend this to all medical students and anyone that's further in their training. the sooner you start, the better you will be.

Invaluable information for medical professionals!

This book is a gem from the creators of the white coat investor. The information inside arms physicians with what they need to financially protect all of the hard work and dedication they have given to the healthcare field. I feel much more confident moving out into the beginning of my career with this resource as an asset!

Ok, good starting point

Recommended. Opened my eyes to so much that I need to learn about finance. Author was not gender neutral, used only he pronouns which is surprising for a 2016 book. Also was really annoying to hear all the websites spelled out.