The White Coat Investor

The White Coat Investor PDF

Author: James M. Dahle

Publisher: White Coat Investor LLC the

Published: 2014-01

Total Pages: 160

ISBN-13: 9780991433100

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

The White Coat Investor's Financial Boot Camp

The White Coat Investor's Financial Boot Camp PDF

Author: James M. Dahle

Publisher:

Published: 2019-03

Total Pages: 205

ISBN-13: 9780991433117

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Doctors and other high income professionals receive little training in personal finance, investing, or business. This book teaches them what they did not learn in school or residency. It includes information on insurance, personal finance, budgeting, buying housing, mortgages, student loan management, retirement accounts, taxes, investing, correcting errors, paying for college, estate planning and asset protection.

What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, Updated Edition

What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, Updated Edition PDF

Author: Frank Gallinelli

Publisher: McGraw Hill Professional

Published: 2015-11-20

Total Pages: 352

ISBN-13: 1259586197

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The Classic Guide to Real Estate Investing—Updated for a Re-energized Industry! Real estate is once again a great investment, and this bestselling guide provides everything you need to know to get in now and make your fortune. What Every Real Estate Investor Needs to Know About Cash Flow removes the guesswork from investing in real estate by teaching you how to crunch numbers like a pro, so you can confidently judge a property’s value and ensure it provides long-term returns. Real estate expert, Frank Gallinelli has added new, detailed investment case studies, while maintaining the essentials that have made his book a staple among serious investors. Learn how to measure critical aspects of real estate investments, including: Discounted Cash Flow Net Present Value Capitalization Rate Cash-on-Cash Return Net Operating Income Internal Rate of Return Profitability Index Return on Equity Whether you’re just beginning in real estate investing or you’re a seasoned professional, What Every Real Estate Investor Needs to Know About Cash Flow has what you need to make sure you take the smartest approach for your next investment using proven calculations.

The Hands-Off Investor

The Hands-Off Investor PDF

Author: Brian Burke

Publisher: Biggerpockets Publishing, LLC

Published: 2020-05-05

Total Pages: 0

ISBN-13: 9781947200272

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Want to invest in real estate but don't have the time? Real estate syndications provide an avenue to invest in real estate without tenants, toilets, or trash--and this comprehensive guide will teach you how to invest in these opportunities the right way.

The Physician's Guide to Investing

The Physician's Guide to Investing PDF

Author: Robert M. Doroghazi

Publisher: Springer Science & Business Media

Published: 2007-11-03

Total Pages: 228

ISBN-13: 1592599532

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I met Bob Doroghazi when he dropped the first draft of his manuscript of The Physician’s Guide to Investing: A Practical Approach to Building Wealth at my office. I will have to admit I was a bit skeptical: a physician writing a book on investments? During that first meeting with Bob, it became evident that he had been a successful physician and a successful investor, so I agreed to take a look at the book. I was in for a pleasant surprise. Bob’s manuscript was easy to read and had specific advice useful to physicians, interspersed with lots of practical tidbits for any investor. Having written three college-level finance and investment texts, I was excited to be in on a project aimed at offering practical investment advice to a more general, yet specialized, audience. I had high expectations for the book and am pleased to say that I believe Bob has delivered a book that every physician interested in building wealth and protecting assets should read. Bob is a straight shooter; he tells it like he sees it in his book. Some doctors might be indignant on reading his statements, such as “Physicians sometimes have no idea of their limitations. This type of arrogance and ego can result in investing disaster.” However, if you do have these limitations (and most professionals, even college professors, do), then reading Bob’s book will help you recognize situations in which they can lead to poor investment decisions.

The Final Hurdle

The Final Hurdle PDF

Author: Dennis Hursh

Publisher: Advantage Media Group

Published: 2012-05-15

Total Pages: 125

ISBN-13: 1599323133

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Get Your Career Off on the Right Track! Everything Physicians Need to Know About Employment Contracts COMPENSATION AND BENEFITS *Dangers of productivity compensation *Common incentive compensation formulas - what needs to be included *Benefits to look out for in addition to your compensation *How to determine if you are "disabled," and how the employer should NOTbe able to make this determination *What the employer can, and can't negotiate as far as benefits *Stark law traps, and how to avoid them RESTRICTIVE COVENANTS *What's really important in restrictive covenants, and what isn't worth negotiating over *Minimizing the impact of a restrictive covenant *How you can be released from a restrictive covenant *Negotiation strategies in buy-outs of restrictive covenants CALL COVERAGE *The language you must have DEFINING WHAT IS EXPECTED OF YOU *Patient contact hours expectations *What flexibility an employer will demand THE TERM OF THE AGREEMENT *Issues with hospital and managed care credentialing, and how to work around them *Grounds for termination *"Without cause" termination issues OTHER ISSUES IN AGREEMENTS TO WATCH OUT FOR *Medical record issues *Assignment of location of service *Budgetary weasel language to avoid *Malpractice issues in common provisions MALPRACTICE INSURANCE *The types of coverage, and the significance when you leave *Need for "tail coverage" *How to minimize the devastating cost of "tail coverage" PRIVATE PRACTICE ISSUES *Time to ownership *Concerns with "guaranteed" ownership *Costs of the buy-in *Methodologies for determining the buy-in, and the pros and cons of each *Why a cheap buy-in may not be in your best interest *What provisions are absolutely vital in regard to future ownership

The Overtaxed Investor

The Overtaxed Investor PDF

Author: Phil Demuth

Publisher: Cwm LLC

Published: 2019-12-11

Total Pages: 240

ISBN-13: 9780997059625

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Taxes Come First The 2017 Trump Tax Cuts and Jobs Act has lowered tax rates for the beleaguered American taxpayer. We live in a Golden Age of Taxes. The clock is ticking. The Trump tax cuts are slated to expire in 2025, while a regime change in Washington could undo them as early as 2021. Like grave robbers opening King Tut's tomb, Congress -- with no debate or public discussion -- plans to raid your retirement accounts for even more money under the so-called "SECURE" Act. Hang on to your wallet. Nationally recognized investment advisor Phil DeMuth decrypts the 73,954 pages of tax code to show you where the trip-wires lie. He offers simple rules of thumb to navigate the minefield, all in sparkling English. If you aren't playing the long game with your taxes now, you are sending a valentine to the U.S. Treasury every April 15 with a needlessly fat check attached. DeMuth shows how to safely pare your investment tax bill down to the legal minimum requirement. It adds up to a small fortune that would be better spent on your life, your family, and your retirement.

The Investor's Manifesto

The Investor's Manifesto PDF

Author: William J. Bernstein

Publisher: John Wiley & Sons

Published: 2012-08-28

Total Pages: 224

ISBN-13: 1118073762

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A timeless approach to investing wisely over an investment lifetime With the current market maelstrom as a background, this timely guide describes just how to plan a lifetime of investing, in good times and bad, discussing stocks and bonds as well as the relationship between risk and return. Filled with in-depth insights and practical advice, The Investor's Manifesto will help you understand the nuts and bolts of executing a lifetime investment plan, including: how to survive dealing with the investment industry, the practical meaning of market efficiency, how much to save, how to maintain discipline in the face of panics and manias, and what vehicles to use to achieve financial security and freedom. Written by bestselling author William J. Bernstein, well known for his insights on how individual investors can manage their personal wealth and retirement funds wisely Examines how the financial landscape has radically altered in the past two years, and what investors should do about it Contains practical insights that the everyday investor can understand Focuses on the concept of Pascal's Wager-identifying and avoiding worst-case scenarios, and planning investment decisions on that basis With The Investor's Manifesto as your guide, you'll quickly discover the timeless investment approaches that can put you in a better position to prosper over time.

The Bogleheads' Guide to Investing

The Bogleheads' Guide to Investing PDF

Author: Taylor Larimore

Publisher: John Wiley & Sons

Published: 2006-04-20

Total Pages: 335

ISBN-13: 0471779210

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Within this easy-to-use, need-to-know, no-frills guide to building financial well-being is advice for long-term wealth creation and happiness, without all the worries and fuss of stock pickers and day traders.

Financial Freedom Rx

Financial Freedom Rx PDF

Author: Chirag Shah

Publisher: CRC Press

Published: 2024-06-01

Total Pages: 139

ISBN-13: 1040142621

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"The best physician-specific general financial book published in 2021." —James M. Dahle, MD, author of The White Coat Investor A step-by-step guidebook for doctors and other medical professionals about growing and preserving wealth, Financial Freedom Rx: The Physician’s Guide to Achieving Financial Independence gives physicians all the tools necessary to manage their own finances and includes a foreword by Mel Lindauer, co-author of The Bogleheads' Guide to Investing. Medical professionals, especially doctors, spend many years in training as they accumulate debt and delay their earnings. This book presents a time-tested formula that students and established professionals can follow at any stage during their careers to achieve fiscal peace of mind. Students will learn how to budget and adopt disciplined financial practices. Residents and other trainees will learn how to defend against calamity with various insurances and how to manage debt. Junior professionals will acquire the skills needed to invest and grow their portfolios, while senior professionals will better understand the essentials of estate planning and retirement. Drs. Chirag P. Shah and Jayanth Sridhar wrote this inspiring text to guide physicians where to put their next dollar. This is particularly important during the financial uncertainties brought on by COVID-19 and insurance cuts. Financial Freedom Rx sets forth principles that will pilot medical professionals toward financial independence. Chapters include useful advice on topics such as: Financial planning Investing and asset allocation Jobs and contracts Taxes and insurance Student loans and debt Retirement savings and distributions Financial Freedom Rx: The Physician’s Guide to Achieving Financial Independence serves as a timeless blueprint for financial planning that medical professionals will follow throughout their careers, and as a reference that readers will revisit again and again as they progress through the various stages of life.