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
Description
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 . However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book a
A Must-Read for Every Physician or Future Physician Tech_Student This book is great and a must-read for every physician or physician-to-be. If we have to learn the Krebs cycle, I cannot fathom why we do not have to learn the content in this book.I am currently a 4th year medical student and have recently completed my MBA as well; I think this book is equally (if not more) useful than my MBA in terms of managing my money as a physician. I would consider this a "First Aid for the Personal Finances of a Physician". The book is high-yield and concise yet provides "recommended additional reading" at the end of nearly every chapter. By the time you have finished this book, you will be able to speak intelligentl. Ken said As Good As It Gets. I'm a personal finance junkie and recently discovered the White Coat Investor online. I don't impress easily, and count myself a devotee of Warren Buffet and John Bogle. Now add Dr. Dahle to the list. This book is one of the best personal finance books you can read anywhere. You don't have to be a health professional despite the title, although you'll get more out of it if you're a non-MD who makes 6-figures or has a high net worth. He's easy to read, follow and understand. He pulls no punches. I really enjoy his approach to life, finances and family. Count me a huge fan. A must add to any personal finance collection. Bravo.. An absolute must for all those already in or considering a career in medicine Leonard Morneau This is a great book for all physicians, especially those at the beginning of their career. I think it's absolute must for all medical students and residents to read. Current medical training gives absolutely NO education on this most critical matter. With ever increasing costs of education and decreasing reimbursement we as physicians must guard ourselves against the financial predators out there. This book gives simple, straightforward methods to follow in order to, as the author puts it, "Live the Good Life." While this book is geared specifically towards physicians, the path laid out in this book could be followed by many in order to ach