Podcast Feed

WCI #173: The Dangers of Robinhood

WCI #173: The Dangers of Robinhood

Robinhood has been taking the investing world by storm the last few months. I thought it would be worth mentioning a few things about Robinhood on th…

WCI #172: Behavioral Finance with Morgan Housel

WCI #172: Behavioral Finance with Morgan Housel

Our guest this week is one of my favorite writers. Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and…

WCI #171: Six Principles of Asset Location

WCI #171: Six Principles of Asset Location

Asset location is something that is completely missed by a lot of otherwise pretty financially sophisticated people. So I do a deep dive into this to…

WCI #170: Rick Ferri versus Paul Merriman Part 2

WCI #170: Rick Ferri versus Paul Merriman Part 2

This is part 2 of the lively debate between Rick Ferri and Paul Merriman where we continue the discussion on the pros and cons of factor investing. S…

WCI #169: Rick Ferri versus Paul Merriman on Factor Investing

WCI #169: Rick Ferri versus Paul Merriman on Factor Investing

This episode we have Rick Ferri and Paul Merriman on the WCI podcast at the same time for a lively debate on the pros and cons of factor investing. T…

WCI #168: Retirement Accounts versus Real Estate

WCI #168: Retirement Accounts versus Real Estate

Should you pull money out of retirement accounts or skip investing in retirement accounts in order to invest in real estate? No. With this pandemic a…

WCI #167: You Need a Budget

WCI #167: You Need a Budget

You need a budget. Even for a high income earner a budget is a necessary tool. The higher your income, the simpler your budget might be. But the pote…

WCI #166: Is Vanguard Losing Its Status?

WCI #166: Is Vanguard Losing Its Status?

I love Vanguard. I think it is great to have a real mutual fund/brokerage company that is owned by the investors and run at cost. Their low costs and…

WCI #165: What is Direct Primary Care?

WCI #165: What is Direct Primary Care?

Direct primary care has been described as revolutionizing primary care in medicine. Our guest in this episode is Dr. Aimee Ostick, a direct primary c…

WCI #164: Why You Should Max Out Your Retirement Accounts

WCI #164: Why You Should Max Out Your Retirement Accounts

Maxing out your retirement accounts will make estate planning easier, give you better asset protection, you'll pay less in taxes, all while your inve…

WCI #163: Guide to Physician Disability Insurance

WCI #163: Guide to Physician Disability Insurance

If you are not financial independent you need to have a disability insurance policy in place. About one out of every five doctors over the course of …

WCI #162: Are Side Gigs Mandatory for Doctors?

WCI #162: Are Side Gigs Mandatory for Doctors?

Do doctors need a side gig? No. But it certainly can ease the stress that comes from changes in your physician income beyond your control, like with …

WCI #161: Medicine and Finance in Venezuela

WCI #161: Medicine and Finance in Venezuela

What is it like to train and practice medicine in Venezuela? Dr. Postalian emailed me a while ago saying, “if you are interested in learning about me…

WCI #160: What State is Best for Real Estate Investing?

WCI #160: What State is Best for Real Estate Investing?

Which states are best for real estate investing? This is like asking which investment is best. You can really only know in retrospect and it'll depen…

WCI #159: Financial Infidelity

WCI #159: Financial Infidelity

Financial infidelity can mean many things. I have talked for a long time about the important of being on the same page financially with your spouse. …

WCI #158: Which Physician Specialty is Best for Retiring Early?

WCI #158: Which Physician Specialty is Best for Retiring Early?

If you want to retire early, which specialty would be best to go into? Let's get one thing straight from the beginning, medicine is not a great optio…

WCI #157: Tips for Buying and Selling a Practice

WCI #157: Tips for Buying and Selling a Practice

What should a physician or dentist who wishes to sell their practice know about the process? What mistakes do doctors make in this transaction? What …

WCI #156: What to do with a Dramatically Lower Income

WCI #156: What to do with a Dramatically Lower Income

During this pandemic many physicians have seen their income dramatically lowered. What can you do when you are faced with a severe pay cut? We have a…

WCI #155: Malpractice Insurance - Above Policy Limit Judgments

WCI #155: Malpractice Insurance - Above Policy Limit Judgments

My risk for an above policy limit malpractice judgment is one in 20,000. A listener asked me how I came up with that number as he is in a different s…

WCI #154: Bear Market Action Plan

WCI #154: Bear Market Action Plan

You are going to face many bear markets in your investing career. Having an action plan to survive a bear market is critical. I go over an important …