WCI #8: Passive Income

Published: Feb. 24, 2017, 5:53 a.m.

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Passive Income. "The wealthiest physicians have loads of passive income.\\xa0They don\\u2019t just have like trickling, bubbling streams\\u2026they have frothy rivers brimming with passive income." -Dave Denniston

In this podcast Dr. Dahle gives ideas for creating passive income, explains some tax implications, and shares recommendations for entrepreneurship.\\xa0He also answers listeners questions concerning whether or not to avoid the fees on your HSA by keeping money in the account or to invest it all, Roth IRAs for a non-working spouse, and debt negotiation versus bankruptcy with some solid advice for getting out of debt.\\xa0

As a white coat, you have valuable knowledge. Various companies want that knowledge. And they\\u2019re willing to pay you for it! That\\u2019s why we\\u2019ve put together a list of recommendations for companies that pay you to take surveys. If you\\u2019re looking for a profitable side gig for not too much effort, getting paid for surveys could be the perfect solution for you. You can make extra money, start a solo 401(k), and use your medical knowledge to impact new products. One of the WCI columnists makes an extra $30,000 a year just doing these surveys. Sign up today and use a fraction of your downtime to make extra cash! Go to https://www.whitecoatinvestor.com/MDSurveys. You can do this and The White Coat Investor can help.

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 is for you!

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