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cover of episode MtoM #196: Surgeon Gets Back to Broke During Residency and Finance 101: The Basics of Real Estate Investing

MtoM #196: Surgeon Gets Back to Broke During Residency and Finance 101: The Basics of Real Estate Investing

2024/11/11
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AI Deep Dive AI Chapters Transcript
People
N
Neil
主
主持人
专注于电动车和能源领域的播客主持人和内容创作者。
播
播音员
主持著名true crime播客《Crime Junkie》的播音员和创始人。
Topics
播音员：本期节目讨论了医生理财的策略，特别是临时工作（locum tenens）的优势，以及房地产投资的入门知识。临时工作可以提供更高的收入和灵活的工作时间，帮助医生更好地管理财务。 Neil：作为一名住院医生，Neil分享了他如何在住院期间实现净资产为零的目标。他强调了节俭、储蓄和投资的重要性，并建议设定目标、延迟满足感以及培养良好的理财习惯和心态。他从医学院毕业时负债17万美元，通过投资403(b)和罗斯IRA以及HSA，积累了17万美元的资产，储蓄率约为毛收入的50%。他计划在成为正式医生后尽快偿还医学院贷款。 主持人：主持人分享了他对房地产投资的看法，指出房地产投资可以提升投资回报率、降低税负并积累财富。他强调了房地产投资策略的多样性，投资者需要根据自身投资组合和方法选择合适的策略，并最大限度地减少可获得的房地产税收抵免。他还解释了房地产投资中的资本结构（capital stack），以及不同投资层级的风险和回报。他建议投资者根据自身情况选择合适的投资策略，并了解债务条款。 播音员：本节目还介绍了CompHealth这家医疗招聘机构，他们提供临时职位和永久职位，帮助医生规划职业生涯，实现财务目标。

Deep Dive

Chapters
A general surgery resident shares his journey of achieving a net worth of zero during residency through disciplined saving and investing. He discusses his financial habits, mindset, and the importance of setting goals and delaying gratification to reach financial independence.
  • The resident accumulated $170,000 in assets while still in training.
  • He maintained a savings rate of around 50% of his gross income.
  • He stresses the importance of setting goals and delaying gratification.
  • His financial literacy began at a young age, influenced by his upbringing.
  • He plans to pay off his medical school debt as soon as possible.
  • He emphasized the importance of creating good financial habits and mindset.
  • He has aspirations to invest in real estate and further diversify his investments.

Shownotes Transcript

This general surgery resident is back to broke before he has even completed training. He became financially literate early in his training and got to work saving and investing and it has already paid off. He said he has had this success because he knows how to set goals and delay gratification. He shared the importance of creating good habits and mindset around money. After the interview we will be talking about the basics of real estate investing for finance 101.

One of the most underrated financial moves in medicine is working locum tenens. It pays significantly more on average, and you can work locums full time or on the side of your full time. And when you work with CompHealth), the #1 staffing agency, they cover your housing and travel costs —which on top of higher pay, really adds up. Locums also gives you more control of your career, allowing you to go where you want, when you want, with a schedule that works for you. It’s the perfect way to get ahead financially while getting focused on what you love. Whether it’s locum tenens or a regular permanent position, build your career your way with the power of CompHealth). Learn more at https://CompHealth.com)

The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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