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

by James M Dahle MD

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Product Details

ISBN-13: 9780991433100
Publisher: White Coat Investor LLC The
Publication date: 01/09/2014
Pages: 160
Sales rank: 89,831
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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The White Coat Investor: A Doctor's Guide To Personal Finance And Investing 5 out of 5 based on 0 ratings. 2 reviews.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Best $25 you will ever spend!!! Brief, spot on book designed to “save your financial bacon!” during your medical training years! Kudos! Wonderful! A very badly needed book has finally been written for medical professionals! I would consider this book a must read for any medical intern/resident, and also premeds/med students/and young attending’s. Medical professionals get thousands of hours of training during the formative years of their career, yet basic financial/taxation/investing/budgeting advice is totally absent. This short, pithy, to the point, spot on book addresses the majority of these issues. The ability to not commit major financial errors during one’s early medical career I consider absolutely crucial. The medical resident, medicalis residentium, is a peculiar species. It is intelligent/driven/hard-working, but its success in medicine is not always matched by an equal success in personal finance/investing. Just like the George & Ira Gershwin song, “It Ain’t Necessarily So”; This book attempts to distill & focus the essentials needed to improve chances for financial/investing success, and avoid all-too-often pitfalls & mistakes. A lot of physicians think that because they are intelligent and hardworking in medicine, this ability flows over to personal finance/investing. Sadly, for many, far from the truth. Busy and rushed, proper decisions may be difficult to come by for many. Thanks to the hard work and literary ability of this author, prudent decisions are much more likely to be made. Couldn’t recommend this book more highly! (Disclaimer: I was acknowledged in the book and received a copy gratis: I have no financial relationship with Dr. Dahle)