Summary of Dr. James M. Dahle's The White Coat Investor
By IRB Media
()
About this ebook
Please note: This is a companion version & not the original book.
Book Preview: #1 However, the good life of being a physician is not without its challenges. The Big Squeeze is simply this: it costs more to get the job, the job pays less once you get it, and increasing liability and compliance concerns make the job less pleasant.
#2 The student loan may be unsecured like a credit card debt, but it cannot be discharged in bankruptcy except in very limited circumstances.
#3 The government will no longer pay the interest on Stafford loans while you are in school. Hardship deferrals are also difficult for residents to qualify for, which means that from the moment you take out a Stafford loan, the interest starts accruing at five, six, or even eight percent per year.
#4 The government changed the formula for how student loan rates will be calculated beginning in 2013. The new formula is the 10-year treasury rate plus 3. 6 percent for graduate Stafford loans and the 10-year treasury rate plus 4. 6 percent for PLUS loans.
IRB Media
With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Read more from Irb Media
Summary of Mark Wolynn's It Didn't Start with You Rating: 4 out of 5 stars4/5Summary of Anna Lembke's Dopamine Nation Rating: 4 out of 5 stars4/5Summary of David R. Hawkins's Letting Go Rating: 4 out of 5 stars4/5Summary of Jessie Inchauspe's Glucose Revolution Rating: 5 out of 5 stars5/5Summary of Dr. Mindy Pelz's The Menopause Reset Rating: 3 out of 5 stars3/5Summary of Al Brooks's Trading Price Action Trends Rating: 5 out of 5 stars5/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Summary of Joe Dispenza's Breaking the Habit of Being Yourself Rating: 4 out of 5 stars4/5The Untethered Soul by Michael A. Singer | Key Takeaways, Analysis & Review: The Journey Beyond Yourself Rating: 4 out of 5 stars4/5Summary of Lindsay C. Gibson's Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Tiago Forte's Building a Second Brain Rating: 4 out of 5 stars4/5Summary of James Nestor's Breath Rating: 5 out of 5 stars5/5Summary of Clarissa Pinkola Estés's Women Who Run With the Wolves Rating: 5 out of 5 stars5/5Summary of Ryan Daniel Moran's 12 Months to $1 Million Rating: 5 out of 5 stars5/5Summary of Mark Douglas' The Disciplined Trader™ Rating: 5 out of 5 stars5/5Summary of Gino Wickman's Traction Rating: 4 out of 5 stars4/5Summary of Erin Meyer's The Culture Map Rating: 5 out of 5 stars5/5Summary of Lindsay C. Gibson's Self-Care for Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Brendan Kane's One Million Followers Rating: 0 out of 5 stars0 ratingsSummary of Dr. Julie Smith's Why Has Nobody Told Me This Before? Rating: 4 out of 5 stars4/5Summary of Uma Naidoo's This Is Your Brain on Food Rating: 5 out of 5 stars5/5Summary of Haemin Sunim's The Things You Can See Only When You Slow Down Rating: 5 out of 5 stars5/5Summary of Thomas Erikson's Surrounded by Idiots Rating: 1 out of 5 stars1/5Summary of Benjamin P. Hardy's Be Your Future Self Now Rating: 5 out of 5 stars5/5Summary of Gordon Neufeld & Gabor Maté's Hold On to Your Kids Rating: 5 out of 5 stars5/5Summary of Gabor Mate's When the Body Says No Rating: 0 out of 5 stars0 ratingsSummary of Devon Price's Unmasking Autism Rating: 5 out of 5 stars5/5Summary of Bronnie Ware's Top Five Regrets of the Dying Rating: 4 out of 5 stars4/5Summary of Anna Coulling's A Complete Guide To Volume Price Analysis Rating: 5 out of 5 stars5/5
Related to Summary of Dr. James M. Dahle's The White Coat Investor
Related ebooks
Beyond the White Coat: Wealth Management for Physicians in Turbulent Times Rating: 0 out of 5 stars0 ratingsFinancial Planning for Medical Doctors Rating: 5 out of 5 stars5/5Summary of Rob Berger's Retire Before Mom and Dad Rating: 0 out of 5 stars0 ratingsSummary of Erin Lowry's Broke Millennial Rating: 0 out of 5 stars0 ratingsSummary of Scott Trench's Set for Life Rating: 0 out of 5 stars0 ratingsSummary of David McKnight's The Power of Zero, Revised and Updated Rating: 1 out of 5 stars1/5Summary of Ed Slott's The New Retirement Savings Time Bomb Rating: 0 out of 5 stars0 ratingsRetirement Income for Life: Getting More without Saving More (Second Edition) Rating: 5 out of 5 stars5/5Financial Planning Basics for Doctors: The Personal Finance Course Not Taught in Medical School Rating: 0 out of 5 stars0 ratingsSummary of Nick Maggiulli's Just Keep Buying Rating: 5 out of 5 stars5/5Summary of Wes Moss's What the Happiest Retirees Know Rating: 0 out of 5 stars0 ratingsSummary of Tiffany Aliche's Get Good with Money Rating: 4 out of 5 stars4/5The 4% Rule and Safe Withdrawal Rates in Retirement: Financial Freedom for Smart People Rating: 5 out of 5 stars5/5The White Coat Investor: A Doctor's Guide to Personal Finance and Investing Rating: 4 out of 5 stars4/5Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence—And How to Join Them Rating: 0 out of 5 stars0 ratingsSummary of Kristy Shen, Bryce Leung and JL Collins' Quit Like a Millionaire Rating: 0 out of 5 stars0 ratingsThe Young Physician's Guide to Money and Life: The Financial Blueprint for the Medical Trainee Rating: 0 out of 5 stars0 ratingsSummary of William J. Bernstein's The Four Pillars of Investing Rating: 0 out of 5 stars0 ratingsUnderstanding Wall Street, Fifth Edition Rating: 0 out of 5 stars0 ratingsLife Centered Financial Planning: How to Deliver Value That Will Never Be Undervalued Rating: 0 out of 5 stars0 ratingsSummary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5The Locum Life: A Physician’s Guide to Locum Tenens Rating: 0 out of 5 stars0 ratingsWho's Eating Your Pie?: Essential Financial Advice that Will Transform Your Life Rating: 0 out of 5 stars0 ratingsThe EntreMD Method: A Proven Roadmap for Doctors Who Want to Live Life and Practice Medicine on Their Terms Rating: 5 out of 5 stars5/5101 Investment Decisions Guaranteed to Change Your Financial Future Rating: 0 out of 5 stars0 ratingsGet What's Yours for Health Care: How to Get the Best Care at the Right Price Rating: 0 out of 5 stars0 ratingsThe 5 Years Before You Retire, Updated Edition: Retirement Planning When You Need It the Most Rating: 3 out of 5 stars3/5Start Late, Finish Rich (Review and Analysis of Bach's Book) Rating: 4 out of 5 stars4/5
Personal Finance For You
Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Rating: 4 out of 5 stars4/5Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You! Rating: 4 out of 5 stars4/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Summary of I Will Teach You To Be Rich: by Ramit Sethi | Includes Analysis Rating: 4 out of 5 stars4/5Bad with Money: The Imperfect Art of Getting Your Financial Sh*t Together Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5Get the Hell Out of Debt: The Proven 3-Phase Method That Will Radically Shift Your Relationship to Money Rating: 5 out of 5 stars5/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5The Money Answer Book Rating: 4 out of 5 stars4/5Investing For Dummies Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5Summary of R. Nelson Nash's Becoming Your Own Banker Rating: 0 out of 5 stars0 ratingsThe Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime Rating: 5 out of 5 stars5/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5
Reviews for Summary of Dr. James M. Dahle's The White Coat Investor
0 ratings0 reviews
Book preview
Summary of Dr. James M. Dahle's The White Coat Investor - IRB Media
Insights on Dr. James M. Dahle's The White Coat Investor
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 7
Insights from Chapter 8
Insights from Chapter 9
Insights from Chapter 10
Insights from Chapter 11
Insights from Chapter 12
Insights from Chapter 13
Insights from Chapter 14
Insights from Chapter 15
Insights from Chapter 16
Insights from Chapter 1
#1
However, the good life of being a physician is not without its challenges. The Big Squeeze is simply this: it costs more to get the job, the job pays less once you get it, and increasing liability and compliance concerns make the job less pleasant.
#2
The student loan may be unsecured like a credit card debt, but it cannot be discharged in bankruptcy except in very limited circumstances.
#3
The government will no longer pay the interest on Stafford loans while you are in school. Hardship deferrals are also difficult for residents to qualify for, which means that from the moment you take out a Stafford loan, the interest starts accruing at five, six, or even eight percent per year.
#4
The government changed the formula for how student loan rates will be calculated beginning in 2013. The new formula is the 10-year treasury rate plus 3. 6 percent for graduate Stafford loans and the 10-year treasury rate plus 4. 6 percent for PLUS loans.
#5
The cost of becoming a physician is increasing, but this is not the only reason why physicians are earning less than they used to.
#6
The cost of insurance premiums has been relatively stable over the last five to six years, whereas the cost of regulations has increased dramatically. These regulations are certainly contributing to the trend of physicians moving from solo practice and small groups into larger groups and hospital employment situations.
#7
The good life is no longer a guaranteed path for physicians.