For those who might not know who Jim Dahle is, you must have been sleeping under a rock! He is the White Coat Investor and has written several books, has a podcast, blog and Facebook groups.
I’d like you to get to know him and how he got started.
He started the White Coat Investor back in 2011. His goal was to help doctors get a fair shake on Wall Street. That was the passion behind it especially since it didn’t make any money for years afterward. However, it eventually grew into a very successful business.
He said there were a lot of challenges, such as learning the business and about entrepreneurship.
He still practices half time and sees patients just like other physicians. He talks to people who are having the worst day of their lives in the emergency department and reports that he finds it to be gratifying.
Personally, I enjoy working more now that I’m working half-time. It has made me a better and more compassionate physician than when I was working full time.
I’m able to be more present at work. It’s different when you can choose to work and it brings a different energy, which I hope my patients can see.
Jim Dahle is also a huge fan of halftime work. He thinks everybody should try it. He has said that most doctors don’t actually want to quit, they just want to come back to full time.
Would you like to know how to add to your portfolio using real estate to achieve your dream life?
Let’s look at five points that Jim Dahle makes:
- Jim went to half-time so that he could keep the White Coat Investor running. It wasn’t necessarily that he wanted to work less.
- He said he couldn’t do two full-time jobs anymore. He went to three-quarter time a few years ago and about a year and a half ago he went to halftime.
- He states he has the generalist website and the generalist podcast, meaning he talks about all things financial.
- Investors either come from a mutual fund / stock / publicly-traded investment side or they tend to come from a small business real estate side. When you become a well-rounded investor, you learn about both sides.