Medical Money: Recent Episodes
Dr Andrew Fah
Tips and tactics to help doctors earn, grow and protect their money. Topics we'll cover include: shares, real estate, investing, building income streams, financial independence, insurance, practice growth, asset protection and more. I recommend listening to Episode #10 which gives you my "5 Pillars of Personal Finance". Visit the blog at www.medicalmoney.com
We all know electricity and energy prices have gone crazy making it the ideal time to install or upgrade your home solar system.
Today’s guest is Finn Peacock
Finn is an electrical engineer by training and is the founder of SolarQuotes.com.au
Since 2009 Solar Quotes has helped over 600,000 Australians get high-quality solar quotes and reviewed over 2,500 solar installation companies.
In this episode, we discuss solar systems, batteries and government rebates.
We also talk about using your electric vehicle to power your home, virtual power plants, the Tesla roof, and how you can save money with your next electricity bill with one simple phone call.
Topics discussed in this episode:
- Solar panels
- Inverters
- Racking
- Consumption monitoring systems
- Solar rebates
- Selecting a good installer
- Batteries
- Payback periods
- Electric vehicles to power your home
- Remote inverter shutdown
- Solar tax
- Reducing your energy bills
Useful Links Mentioned in the Episode:
Solar Quotes-
www.solarquotes.com.au
Tesla Roof-
https://www.tesla.com/en_au/solarroof
Tractile-
https://tractile.com.au
Amber Energy-
https://www.amber.com.au/
Energy Made Easy-
https://www.energymadeeasy.gov.au
Today’s Guest: Graeme Hedges- Insurance & Financial Advisor
Email: graeme@hedges-assetplanning.com
Phone: 1800 INVEST (or 08 8267 2000)
Website: https://hedges-assetplanning.com/
In October 2022 another round of changes is happening to income protection insurance policies . Yes, that’s just weeks away.
This episode is divided into 2 parts for easier listening.
47a
- types of personal insurance
- income protection
- life
- total and permanent disability
- trauma
- needle stick
- changes to income protection policies since 2020
- upcoming income protection changes in October 2022
47b
- the process of getting an insurance policy
- own occupation vs any occupation
- level premiums vs stepped premiums
- reviewing an existing policy
- ways to reduce your policy premiums
- listener questions answered
Book your free 1:1 strategy call with the Crypto Consulting Institute by visiting the link below. Mention the Medical Money Podcast when you book to get a $2,000 discount if you decide to become a CCI client.
https://linktr.ee/cryptoconsultinginstitute
Joe Shew has been a crypto investor since 2014 and is founder of the Crypto Consulting Institute.
He has a wealth of investing experience in both traditional finance and crypto.
If you have already started investing in crypto or are crypto curious I’m sure you’ll discover many pearls of wisdom from this conversation that will make you a better investor
This is a deep dive episode where we discuss:
- the biggest mistakes made by crypto investors
- where we are in the current market cycle
- market psychology
- macroeconomics
- project fundamentals
Links to Resources Mentioned In The Episode.
Psychology/ Sentiment-
Market Fear & Greed- https://edition.cnn.com/markets/fear-and-greed
Bitcoin Fear & Greed- https://alternative.me/crypto/
ETH Fear & Greed- https://mobile.twitter.com/ethereumfear
Lunar Crush- https://lunarcrush.com/global-coin-metrics?metric=social_volume%2Csocial_score
Wall St Cheat Market Psychology Sheet- https://www.reddit.com/r/coolguides/comments/k04ihf/wall_st_cheat_sheet/
Macroeconomics-
Trading Economics- https://tradingeconomics.com
Dollar Index- https://www.tradingview.com/symbols/TVC-DXY/
S&P 500- https://www.tradingview.com/chart/?symbol=AMEX
NASDAQ 100- https://www.tradingview.com/chart/?symbol=NASDAQ
On Chain-
Mayer Multiple https://www.buybitcoinworldwide.com/stats/mayermultiple/
Reserve risk https://www.lookintobitcoin.com/charts/reserve-risk/,
NUPL https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
Realised Price https://www.lookintobitcoin.com/charts/realized-price/
Technical Analysis-
Trading View- www.tradingview.com
Show Notes
www.medicalmoney.com/episode45
Today we’re discussing the tax issues surrounding crypto and digital assets.
My guest is Marc Phillis from Cryptocate an innovative cryptocurrency tax consultancy firm.
In this episode we discuss the tax implications of capital gains, staking, yield farming, mining and much more.
If you are a crypto investor or looking to gain exposure to this space, I’m sure you’ll learn something from this episode.
Today’s Guest
Mac Phillis
Email:
marc@cryptocate.comau
Web:
www.cryptocate.com.au
Tell them you heard him on the podcast and he will give you a 10% discount :)
Show Notes
www.medicalmoney.com/episode44
Today’s episode is about investing in micro-cap companies.
My guest is Carlos Gil, the CEO of Microequities Asset Management.
Carlos has been investing in micro-cap business for decades and is the Chief Investment Officer for his company’s funds.
His flagship Deep Value Fund has compounded its growth over 19% per annum since its inception in March 2009.
In this interview, Carlos shares with us his investment philosophy and journey. He also explains the factors he considers to be most important when analysing a small-cap business and its management.
If you’re looking to add micro-cap multi-baggers to your portfolio, the insights Carlos shares are priceless.
Today’s Guest
Carlos Gil
CEO Microequities Asset Management
Website: www.microequities.com.au
Email: invest@microequities.com.au
Phone: +61 2 9009 2900
Show Notes:
www.medicalmoney.com/episode43
October 2021 is going to bring some sweeping new changes to the personal insurance space.
Income Protection policies will be most affected and policies will look vastly different.
Today’s guest is Sacha Loutkovsky who is a specialist insurance broker.
In this conversation, Sacha explains some of the new changes and the difference between level and stepped premiums. We also discuss how doctors can approach their insurance cover as we progress through our careers.
Having seen at least 2 close colleagues access policy benefits in the past year, I can’t imagine what life for them and their families would be like if they didn’t have their insurance safety net.
If you haven’t got your insurance sorted out time is running out.
If you have a colleague who might be a bit blasé in this area of life, please share this episode with them too.
Today’s Guest
Sacha Loutkovsky
Senior Advisor & Insurance Specialist
Profile Financial Services
www.profileservices.com.au
sacha.loutkovsky@profileservices.com.au
www.linkedin.com/in/sachaloutkovsky
Show Notes
www.medicalmoney.com/episode42
Today we’re taking a deep dive and exploring the world of Bitcoin.
My guest today is Vijay Boyapati. Vijay published his article “The Bullish Case for Bitcoin” back in 2018 and since then has become one of the most sought after educators in this space.
In our conversation, I get Vijay to explain and demystify the underlying technology of Bitcoin. We then talk about the drivers for Bitcoin’s price appreciation over time and address some of the inherent risks.
My aim is that after listening to this episode, anyone can go from total newbie to having a rational and intelligent conversation.
I have other episodes planned, so I will house the podcasts and resource links including Vijay’s article at www.medicalmoney.com/bitcoin
Show Sponsor:
BINANCE
Binance enables you to easily purchase bitcoin and other digital assets using your smartphone or computer.
Their trading commission is just 0.1% and they accept Osko fund transfers with no fees.
New clients will get 10% off your trading fees by visiting www.medicalmoney.com/binance
Show Notes
www.medicalmoney.com/episode41
Sponsor:
InStitchu Custom Tailors. Get 15% off using the code: MEDICAL
www.medicalmoney.com/suit
In this episode, you’re going to get some tips that will help you ace your next interview.
If you know someone who has an interview coming up for a training position, consultant job or service reg position, please share this episode with them.
Interviews are the doorways to the next step in our career.
We all know that there’s a significant pay bump when we become a consultant. This means that each extra year we spend as an RMO or registrar because we didn’t make the cut, has a significant impact on our long-term ability to create wealth.
My guest is Anita Fletcher from Standout Medical Careers. Anita helps doctors prepare for the next step of their careers with career advice, CV construction and interview preparation.
Regular listeners will remember Anita from episode 24, where we talked about career inertia and opportunities.
Today we discuss some general interview tips followed by some specific hints for those of you fronting up for a training or consultant job.
Enjoy this episode, and good luck with your next interview.
Show Notes
www.medicalmoney.com/episode40
In this episode we unpack the world of commercial property.
My guest is Steve Palise who is an active investor and commercial property buyers agent.
He’s been featured in Money Magazine and numerous news media outlets.
Steve has just released his book Commercial Property Investing Explained Simply and as a special gift for being my podcast listener you can get a copy for free!
Today we discuss the outlook for commercial real estate, the risks and benefits of investing in commercial property and key considerations for new investors. We also touch on due diligence, funding and ways to improve investment yields.
Steve’s book is an excellent resource. If you’re a new investor it will give you a solid foundation. If you’re already investing it will give you some creative ideas for growing and optimising your portfolio.
To get your free copy of Steve’s book Commercial Property Investing Explained Simply visit www.medicalmoney.com/steve and use the code MEDICAL to get the book for free.
Learn More about Steve Palise
steve@paliseproperty.com
www.paliseproperty.com
Show Notes
www.medicalmoney.com/episode39
If you or someone you know is applying for a training position or a consultant job in the near future, this is an episode you don’t want to miss.
Today my guest is Orla Baker. Orla has more than 10 years of experience in writing CVs, cover letters and assisting her clients prepare for job interviews.
In todays’ episode Orla shares with us her tips for writing a CV and cover letter that will get you noticed. There are even some tactics might surprise you. We also discuss some of the finer points when applying for a training position, consultant job and non-clinical role.
Enjoy the interview and good luck with your next job application.
Connect with Orla:
www.orlaconsulting.co/
orla@orlaconsulting.co
Sponsor:
Tego- Get 2 months free and 5% off your indemnity insurance premium
www.tego.com.au
Show Notes
www.medicalmoney.com/episode38
Today my guest is David Blake from Bioshares.
Bioshares is a weekly newsletter that researches and analyses ASX-listed life science and biotech companies.
David has been analysing these businesses for over 20 years and runs an annual summit that brings together company management and investors.
In this episode we discuss therapeutics, hardware, software and areas with growth opportunities.
Enjoy the interview.
Sponsor:
Sharesight- the easiest way to track your portfolio.
www.medicalmoney.com/sharesight
Today I’m hanging out with Dev Raga and we are going to have a chat about our investing approach, the year that was 2020 and teaching our kids about money.
If you enjoy this episode please subscribe and leave a review on your podcast platform of choice.
If you’d like Dev and I to do more episodes like this in the future send us an email through the links at www.devraga.com or www.medicalmoney.com
Enjoy the episode and we wish you the very Merriest of Christmases and a Happy New Year.
www.medicalmoney.com/episode36
Money doesn’t always buy happiness and doctors are not immune from mental health issues.
The Medical Journal of Australia recently reported that one in five medical students reported suicidal ideation in the preceding 12 months and 50% of junior doctors experience moderate to high levels of distress.
But it doesn’t stop once you fellow, consultants attempt or commit suicide every year.
My episodes typically focus on improving our financial literacy, today we’re going to improve our emotional literacy because happiness is not directly related to our bank account.
Today my guest is Hugh Van Cuylenburg. He’s the author and founder of the Resilience Project. Through engaging programs and practical strategies, he’s teaching Australians how to become resilient in our new and demanding world. His message is being spread through schools, elite sports teams and corporate Australia.
This is a casual conversation where we discuss the positive impact of bringing gratitude, empathy and mindfulness into our daily lives so that we can be more fulfilled and happy.
Show Notes
www.medicalmoney.com/episode35
Today my guest is Owen Raszkiewicz from Rask Australia. In this interview, we talk about his investing philosophy and how he analyses growth companies.
In particular, he explains how to assess the executive and management teams behind the business and some red flags investors should be mindful of.
If you invest in direct shares I’m sure you will get a lot from this episode.
Owen provides an amazing array of financial and investment education through his newsletters, courses and Podcasts and many of his services are free to join. You can learn more by visiting www.medicalmoney.com/rask where you will also find a discount code for his paid subscriptions.
Links Mentioned in this Episode:
Document Analysis & Search Software- Sentieo
https://sentieo.com
Investment Analytics- Koyfin
https://www.koyfin.com
Find Owen here:
Twitter:
https://twitter.com/OwenRask
https://twitter.com/RaskAustralia
https://www.linkedin.com/in/owen-raszkiewicz-4035a9b9/
Show Notes
www.medicalmoney.com/episode34
Today my guest is Dr Mary Manning. Mary is Portfolio Manager for the Asian and Indian Funds at Ellerston Capital.
She has a PhD, Harvard MBA and worked with the likes of George Soros and Howard Marks.
In this interview, we discuss the economic growth stories of Asia, technological arms race, impact of coronavirus and the upcoming US election.
Today’s Guest:
Dr Mary Manning
Portfolio Manager
Ellerston Capital
www.ellerstoncapital.com
Funds
Ellerston Asian Investments LIC (ASX:EAI)
https://ellerstoncapital.com/listed-investment-companies/ellerston-asian-investments/
Ellerston Asia Growth Fund
https://ellerstoncapital.com/our-funds/ellerston-asia-growth-fund/
Ellerston India Fund
https://ellerstoncapital.com/our-funds/ellerston-india-fund/
LinkedIn:
www.linkedin.com/in/mary-manning-a69494133/
Show Notes
www.medicalmoney.com/episode33
Shareplicity- A Simple Approach to Share Investing with Danielle Ecuyer
Todays Guest
Danielle Ecuyer
Author of “Shareplicity- A Simple Approach to Share Investing”
Website
www.shareplicity.com.au
www.linkedin.com/in/danielle-ecuyer-a924b48/
Danielle has been involved in the share market for decades. She began her career as an equities analyst and advisor for large investment firms in both Australia and the UK. For the past 12 years she has been a private investor where her main income source is derived from her investments.
In this interview we discuss the old economy blue chips and compare them with the new “weightless” tech companies that have been driving the recent economic growth.
Danielle also shares her approach to portfolio construction, asset allocation and dealing with risk.
Show Notes
Uscom (UCM) with Professor Robert Phillips, CEO
www.medicalmoney.com/episode32
“Advanced Hemodynamics, COVID-19 & Sepsis”
Wednesday, September 8, 2020 @4am EST
Seminar link:
https://us02web.zoom.us/webinar/register/6015978726597/WN_EEH7wwCeS0ekf1iIDfSVVg
Today’s Guest
Professor Robert Phillips
Chief Executive Officer
Uscom (UCM:ASX)
Web:
www.uscom.com.au
Email:
rob@uscom.com.au
Show Notes
www.medicalmoney.com/episode31
Today’s Guest
Mark Heritage
CEO, Founder & Licensed Agent
Over and Above Property Partners
https://www.overandabove.com.au
mark@overandabove.com.au
Book A Consultations with Mark
http://bit.ly/MarkHeritage45minOTBooking
Resources
Australian Property Investing Hub on Facebook
https://www.facebook.com/groups/AustralianPropertyInvestingHub/
Australian Guide to Property Investment Success
http://bit.ly/TheAustGuidetoPropertyInvestmentSuccess
Pricing Structure
http://bit.ly/OAAFullServicePricingMH
Show Notes
www.medicalmoney.com/episode30
Today's Guest
Robert Edgley
Managing Director
SelfWealth (ASX:SWF)
www.selfwealth.com.au
Show Notes
www.medicalmoney.com/episode29
Today we’re talking about tax deductions and some claims that might raise the suspicions of the ATO.
We discuss car, work-related and travel deductions as well as how the ATO might communicate with you so you don’t fall prey to a phone phishing scam. Matt also explains some Corona related issues like PAYG instalments and Jobkeeper.
Today's Guest
Matthew Holden
Accountant & Partner
Brentnalls SA, Chartered Accountants & Advisors
www.brentnalls-sa.com.au
mch@brentnalls-sa.com.au
https://www.linkedin.com/in/matthew-holden-906b5835/
Increase your Financial IQ with Rask Australia
www.medicalmoney.com/rask
Show Notes
www.medicalmoney.com/episode28
This episode is about poo- more specifically fecal microbiota transplant therapy (FMT).
My guest is Dr Sam Costello who is a gastroenterologist and co-founder of the BiomeBank.
In this interview, we talk about the use of FMT in treating clostridium difficile, ulcerative colitis and irritable bowel syndrome.
Sam also shares the process of getting products approved for patient use and how you can get involved as a collaborator.
Today’s Guest
Dr Sam Costello
BiomeBank
www.biomebank.org
sam.costello@biomebank.org
Show Notes
medicalmoney.com/episode27
Today we are talking about cybersecurity with Daniel Lai, CEO of ArchTIS.
ArchTIS is listed as AR9 on the ASX.
This is the first of my “Inside Line” series of interviews where I’ll chat with senior executives of Australian listed companies to understand about their business and the solutions they offer.
Today’s Guest
Daniel Lai
CEO, ArchTIS (ASX:AR9)
ArchTIS
www.archtis.com
Smart Beta & Factor Investing with John Caulfield from Van Eck Australia
www.medicalmoney.com/episode26
Topics covered:
- What is Smart Beta & Factor Investing?
- Academic Factors- quality, small size, value, momentum, low volatility, yield
- Factor performance during the Corona correction
- Equity Factor ETFs - the intersection of traditional active and passive
- MVW- Australian Equal Weight
- QUAL- MSCI World ex-Australia Quality
- CETF- FTSE China A50
- CNEW - China New Economy
- MOAT- Morningstar Wide Moat
- Portfolio exposure to Smart Beta
Today’s Guest
John Caulfield
Van Eck Australia
https://www.vaneck.com.au/
https://www.linkedin.com/in/john-caulfield-51072bb/
Smart Beta White Paper
https://www.vaneck.com.au/globalassets/home.au/special/smart-beta-landing-page/smart-beta-flyer_sept2019.pdf
Smart Beta & Factor Investing with John Caulfield from Van Eck Australia
www.medicalmoney.com/episode26
Topics covered:
- What is Smart Beta & Factor Investing?
- Academic Factors- quality, small size, value, momentum, low volatility, yield
- Factor performance during the Corona correction
- Equity Factor ETFs - the intersection of traditional active and passive
- MVW- Australian Equal Weight
- QUAL- MSCI World ex-Australia Quality
- CETF- FTSE China A50
- CNEW - China New Economy
- MOAT- Morningstar Wide Moat
- Portfolio exposure to Smart Beta
Today’s Guest
John Caulfield
Van Eck Australia
https://www.vaneck.com.au/
https://www.linkedin.com/in/john-caulfield-51072bb/
Smart Beta White Paper
https://www.vaneck.com.au/globalassets/home.au/special/smart-beta-landing-page/smart-beta-flyer_sept2019.pdf
Show Notes
www.medicalmoney.com/episode25
If you’ve just started trading the markets, or you know someone that has, hopefully this episode can help you either increase your profits of prevent you from losing your shirt.
The recent stock market correction has seen millions of new brokerage accounts opened across the globe.
Many people with no prior experience have been willing to put their hard earned dollars on the line to begin their trading careers.
Part 1
- Trading vs buy-and-hold forever and why he chooses to trade
- Trading approaches and time frames - its not all about day trading
- Technical analysis, its failings and the “lunatic fringe”
- A routine for success
Part 2
- Getting started as a trader
- Evolving as a trader
- Risk management
- Dealing with losses
Guest
Chris Tate
The Trading Game
www.tradinggame.com.au
Get the Trading Plan Template
www.linkedin.com/in/christatetrader
Show Notes
www.medicalmoney.com/episode25
If you’ve just started trading the markets, or you know someone that has, hopefully this episode can help you either increase your profits of prevent you from losing your shirt.
The recent stock market correction has seen millions of new brokerage accounts opened across the globe.
Many people with no prior experience have been willing to put their hard earned dollars on the line to begin their trading careers.
Part 1
- Trading vs buy-and-hold forever and why he chooses to trade
- Trading approaches and time frames - its not all about day trading
- Technical analysis, its failings and the “lunatic fringe”
- A routine for success
Part 2
- Getting started as a trader
- Evolving as a trader
- Risk management
- Dealing with losses
Guest
Chris Tate
The Trading Game
www.tradinggame.com.au
Get the Trading Plan Template
www.linkedin.com/in/christatetrader
Show Notes
https://medicalmoney.com/episode24/
In this interview we cover:
- Career inertia
- Portfolio careers
- Alternatives to the status quo
- Discovering opportunities
- Preparing for your career move
Today’s Guest
Anita Fletcher
Standout Medical Careers
https://standoutmedicalcareers.com.au/
info@standoutmedicalcareers.com.au
Phone
(+61) 0437 527 597
Show Notes
https://medicalmoney.com/episode24/
In this interview we cover:
- Career inertia
- Portfolio careers
- Alternatives to the status quo
- Discovering opportunities
- Preparing for your career move
Today’s Guest
Anita Fletcher
Standout Medical Careers
https://standoutmedicalcareers.com.au/
info@standoutmedicalcareers.com.au
Phone
(+61) 0437 527 597
Show Notes
www.medicalmoney.com/episode23
Today my guest is Rose Cocchiaro who is a family law and divorce specialist. Rose is the founder of Resolve Divorce. After witnessing years of painful courtroom litigation she sought to provide a resolution focussed approach that nurtures the well being and personal growth of people and their families.
Topics we cover:
- What is a prenup or binding financial agreement
- What to do if you are served a prenup
- What constitutes a de facto relationship
- Financial problems that crop up during relationships
- Inheritance, lottery wins, gifts
- Divorce, asset pools, child support and spouse maintenance
Today’s Guest
Rose Cocchiaro
Family Law & Divorce Specialist
Resolve Divorce
www.resolvedivorce.com.au
lawyers@resolvedivorce.com.au
www.linkedin.com/in/adelaidedivorcelawyer
Show Notes
www.medicalmoney.com/episode23
Today my guest is Rose Cocchiaro who is a family law and divorce specialist. Rose is the founder of Resolve Divorce. After witnessing years of painful courtroom litigation she sought to provide a resolution focussed approach that nurtures the well being and personal growth of people and their families.
Topics we cover:
- What is a prenup or binding financial agreement
- What to do if you are served a prenup
- What constitutes a de facto relationship
- Financial problems that crop up during relationships
- Inheritance, lottery wins, gifts
- Divorce, asset pools, child support and spouse maintenance
Today’s Guest
Rose Cocchiaro
Family Law & Divorce Specialist
Resolve Divorce
www.resolvedivorce.com.au
lawyers@resolvedivorce.com.au
www.linkedin.com/in/adelaidedivorcelawyer
Show Notes
www.medicalmoney.com/episode22
Every year, Barrons and the Australian publish their list of Australia’s Top 50 Financial Advisers. Sue Dahn was crowned #1 in 2019. Sue has been a professional advisor at Pitcher Partners for over 21 years and is the first woman to top the list since the rankings began.
This interview was recorded on June 10, about 2 weeks before the 2020 list is due to be published.
In this interview we cover:
- the positive impact of the Royal Commission
- routine questions that stump many clients
- portfolio construction
- calculating your retirement number
- when it makes sense to start an SMSF
- financial and non-financial benefits of engaging a financial adviser
- investing for children
- strategies for investing during Coronavirus
Today’s Guest
Sue Dahn
Financial Adviser
Website
pitcherinvestments.com.au
sue.dahn@pitcher.com.au
www.linkedin.com/in/suedahn/
Show Notes
www.medicalmoney.com/episode21
Episode 21b
- Linear vs exponential thinking
- Investment theses
- Buy low & buy higher
- When to sell
- Corona and the future
Today’s Guest
Matt Joass
Chief Investment Officer of Maven Funds
Website
www.mavenfunds.com.au
Blog
www.mattjoass.com
www.linkedin.com/in/mattjoass
@MattJoass
Show Notes
www.medicalmoney.com/episode21
Episode 21a
- Matt’s Investing Journey
- His Investing Style
- Small cap investing
- Catching Monsters
Today’s Guest
Matt Joass
Chief Investment Officer of Maven Funds
Website
www.mavenfunds.com.au
Blog
www.mattjoass.com
www.linkedin.com/in/mattjoass
@MattJoass
Show Notes
www.medicalmoney.com/episode20
Today’s Guest
Veronica Morgan
Veronica is a buyers’ agent and property expert with over 20 years of industry experience.
She’s a real estate media personality, the host of Location, Location, Location Australia on the Lifestyle Channel and also co-hosts the real estate podcast called Elephant In the Room.
Veronica’s been Published in The Sydney Morning Herald, Your Investment Property and Australian Property Investor
Originally a sales agent, Veronica became a buyer's agent after realising buyers were unrepresented and often at a significant disadvantage compared to sellers.
In this Episode:
- Property due diligence
- Purchasing prior to auction
- Preparation for auction day
- Strategies & sneaky tactics
support@gooddeeds.com.au
https://www.linkedin.com/in/veronicakaymorgan/
Good Deeds
www.gooddeeds.com.au
Veronica’s Book
Auction Ready- How To Buy At Auction Even If You Are Scared S#!tless
Get 30% off and free postage use the discount code: medical
www.getauctionready.com.au
Useful Resources
Elephant In The Room Property Podcast
www.theelephantintheroom.com.au
Elephant In the Room Podcast Auction Episode with Damian Cooley
https://www.theelephantintheroom.com.au/podcasts/2
Home Buyer Academy - Home Buyers’ Course
www.homebuyeracademy.com.au
Show Notes
www.medicalmoney.com/episode20
Today’s Guest
Veronica Morgan
Veronica is a buyers’ agent and property expert with over 20 years of industry experience.
She’s a real estate media personality, the host of Location, Location, Location Australia on the Lifestyle Channel and also co-hosts the real estate podcast called Elephant In the Room.
Veronica’s been Published in The Sydney Morning Herald, Your Investment Property and Australian Property Investor
Originally a sales agent, Veronica became a buyer's agent after realising buyers were unrepresented and often at a significant disadvantage compared to sellers.
In this Episode:
- What’s been happening during the Corona crisis
- The Four Ps of Property Purchase
- People - your team & opposition
- Common problems with doctors at auction
- Preparation & pressure testing your bidding framework
support@gooddeeds.com.au
https://www.linkedin.com/in/veronicakaymorgan/
Good Deeds
www.gooddeeds.com.au
Veronica’s Book
Auction Ready- How To Buy At Auction Even If You Are Scared S#!tless
Get 30% off and free postage use the discount code: medical
www.getauctionready.com.au
Useful Resources
Elephant In The Room Property Podcast
www.theelephantintheroom.com.au
Elephant In the Room Podcast Auction Episode with Damian Cooley
https://www.theelephantintheroom.com.au/podcasts/2
Home Buyer Academy - Home Buyers’ Course
www.homebuyeracademy.com.au
Show Noteswww.medicalmoney.com/episode19
Today’s guest is Ilan Israelstam.
In 2009, shortly after the global financial crisis, he co-founded BetaShares. In just 10 short years they have become one of Australia’s leading ETF managers with over $10 billion in funds under management.
BetaShares’ goal is to provide intelligent investment solutions that help Australian Investors meet their financial objectives.
In this interview we chat to Ilan about his background, dig deep into the world of popular and exotic ETFs and then get him to critique some listener ETF ideas.
Topics Covered
- Emerging markets (IIND, ASIA, EMMG)
- Gold & Miners (QAU, MNRS)
- Ethical, Environmental, Social & Governance (ETHI, FAIR, GBND)
- Inverse & Short Funds (BEAR, BBOZ, BBUS)
- Hybrid Funds (HBRD)
- Long-dated Government Bonds (GGOV)
- Diversified Funds
- Passive vs Active Investing
- Fee Structuring
- ETF Ideas (water, unethical, Oz Health, blockchain, cryptocurrency, FIRE, Russia,
- Creating an ETF Portfolio
Today’s Guest
Ilan Israelstam
Co-Founder of BetaShares Capital
https://www.linkedin.com/in/ilan-israelstam-6b4bbb/
Useful Links
BetaShares Exchange Traded Funds
www.betashares.com.au
BetaShares ETF 101 Course
https://www.betashares.com.au/education-investors/understanding-etfs/
BetaShares Video Library
https://www.betashares.com.au/education-investors/video-library/
Show Noteswww.medicalmoney.com/episode19
Today’s guest is Ilan Israelstam.
In 2009, shortly after the global financial crisis, he co-founded BetaShares. In just 10 short years they have become one of Australia’s leading ETF managers with over $10 billion in funds under management.
BetaShares’ goal is to provide intelligent investment solutions that help Australian Investors meet their financial objectives.
In this interview we chat to Ilan about his background, dig deep into the world of popular and exotic ETFs and then get him to critique some listener ETF ideas.
Topics Covered
- Ilan’s background
- The ETF revolution
- ETFs & pricing
- Creating a new ETF
- A200
- Popular ETFs (NDQ, ATEC, HACK)
Today’s Guest
Ilan Israelstam
Co-Founder of BetaShares Capital
https://www.linkedin.com/in/ilan-israelstam-6b4bbb/
Useful Links
BetaShares Exchange Traded Funds
www.betashares.com.au
BetaShares ETF 101 Course
https://www.betashares.com.au/education-investors/understanding-etfs/
BetaShares Video Library
https://www.betashares.com.au/education-investors/video-library/
Show Notes
www.medicalmoney.com/episode18
Topics covered:
ETFs
VAS
Market makers
The Fund vs ETF price discrepancy
Should I buy the fund or ETF?
New products
- Factor exposure
- ESG
- Manager Select Series
Personal Investor- Funds, ETFs & Direct Shares
Active Managed Funds & ETFs
Listener Questions
- Fees
- Australian Domicile
- Australian ESG ETF
- Overseas Investors
- Indexing & Price Discovery
Today's Guest
Balaji Gopal
Head of Product Strategy at Vanguard Australia
LinkedIn
https://www.linkedin.com/in/balajigopal
Useful Links
Vanguard Australia
https://www.vanguardinvestments.com.au
Vanguard Personal Investor
https://www.vanguard.com.au/personal/home
Investor Resources
https://www.vanguardinvestments.com.au/retail/ret/investor-resources/learning/education.jsp
Tools & Calculators
https://www.vanguardinvestments.com.au/retail/ret/investor-resources/learning/calculators.jsp
Show Notes
www.medicalmoney.com/episode18
Topics covered:
Vanguard’s Four Investing Principles
Popular Products
Index Funds
Open & Closed-Ended Funds
Retail & Wholesale Funds Investing & Redemptions
Switching Funds & CGT
Today's Guest
Balaji Gopal
Head of Product Strategy at Vanguard Australia
LinkedIn
https://www.linkedin.com/in/balajigopal
Useful Links
Vanguard Australia
https://www.vanguardinvestments.com.au
Vanguard Personal Investor
https://www.vanguard.com.au/personal/home
Investor Resources
https://www.vanguardinvestments.com.au/retail/ret/investor-resources/learning/education.jsp
Tools & Calculators
https://www.vanguardinvestments.com.au/retail/ret/investor-resources/learning/calculators.jsp
Show Notes
Download the PDF to follow the episode examples here:
www.medicalmoney.com/episode17
Topics Covered
- Dividends
- Franking Credits
- Foreign Dividends
- DRPs, Bonus Share Plans and DSSPs
- Listener Questions
Useful Links
Franking Credit 45 day holding rule
https://www.ato.gov.au/Forms/You-and-your-shares-2019/?page=10
Foreign Investment Offset Limit
https://www.ato.gov.au/Individuals/Tax-return/2018/In-detail/Publications/Guide-to-foreign-income-tax-offset-rules-2018/?page=3#Calculating_your_offset_limit
https://www.ato.gov.au/uploadedFiles/Content/IND/Downloads/Foreign-Income.pdf
ATO LICsBonus Share Plans
https://assets.afi.com.au/documents/132138DSSP_Tax_Ruling-4.pdf
AFIC DSSP
https://www.afi.com.au/shareholders
Whitefield bonus share plan
https://www.whitefield.com.au/shareholder-info/bonus-share-plan
Today’s Guest
Conaill Keniry
Contact
What If Advice
www.whatifadvice.com.au
Email:
ckeniry@whatifadvice.com.au
YouTube
https://www.youtube.com/whatifadvice
https://www.linkedin.com/in/conaill-keniry-b8022a14/
Show Notes
www.medicalmoney.com/episode16
Get your free 7 day trial of Gurufocus here www.medicalmoney.com/guru
Today my guest is Charlie Tian. Charlie is author of the book Invest Like a Guru. One of my favourite investing books.
Heavily invested in high flying technology stocks, he got absolutely pummelled in the dot com crash of 2000.
As he picked up the pieces of his broken portfolio and analysed his errors, he discovered value investing..
In 2004 he created Gurufocus where he began tracking and sharing the portfolios of some of the world’s greatest investors. Since then he has moved to provide an in-depth analysis of company financials and some amazing stock screeners.
In today’s interview, we will discuss value investing, Charlie’s journey, his book and how he identifies and invests only in good companies.
Today's Guest
Charlie Tian
Book
Invest Like A Guru
YouTube
https://www.youtube.com/user/GuruFocusVideos
Facebook
https://www.facebook.com/GuruFocusLLC
Instagram
https://www.instagram.com/gurufocus
Twitter
https://twitter.com/gurufocus
Show Notes
www.medicalmoney.com/episode16
Get your free 7 day trial of Gurufocus here www.medicalmoney.com/guru
Today my guest is Charlie Tian. Charlie is author of the book Invest Like a Guru. One of my favourite investing books.
Heavily invested in high flying technology stocks, he got absolutely pummelled in the dot com crash of 2000.
As he picked up the pieces of his broken portfolio and analysed his errors, he discovered value investing.
In 2004 he created Gurufocus where he began tracking and sharing the portfolios of some of the world’s greatest investors. Since then he has moved to provide an in-depth analysis of company financials and some amazing stock screeners.
In today’s interview, we will discuss value investing, Charlie’s journey, his book and how he identifies and invests only in good companies.
Today's Guest
Charlie Tian
Book
Invest Like A Guru
YouTube
https://www.youtube.com/user/GuruFocusVideos
Facebook
https://www.facebook.com/GuruFocusLLC
Instagram
https://www.instagram.com/gurufocus
Twitter
https://twitter.com/gurufocus
Show Notes
Download the PDF to follow the examples discussed
www.medicalmoney.com/episode15
Tax Zones (2:15)
Capital Gains Tax <12 months (5:43)
Capital Gains Tax Discount (7:55)
LICs and CGT concession (12:38)
Listener Questions (14:07)
Useful Links
LICs ATO discount
https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/CGT-listed-investment-companies-concession/
Argo special circumstances discount
https://www.argoinvestments.com.au/assets/docs/general/LIC-capital-gain-tax-deduction-FINAL-2019.pdf
AFIC
https://cdn.tspace.gov.au/uploads/sites/70/2015/07/Australian_Foundation_Investment_Company_Limited.pdf
Today’s Guest
Conaill Keniry
Contact
What If Advice
https://whatifadvice.com.au
Email:
ckeniry@whatifadvice.com.au
YouTube
https://www.youtube.com/whatifadvice
https://www.linkedin.com/in/conaill-keniry-b8022a14/
Today was my first day back at work since the operating restrictions have been reduced. I’m so glad to be back doing what I love- looking after patients and hanging out with my theatre teams.
So what does that mean for the podcast?
Firstly I want to say a big thank you to all my listeners.
I won’t be putting out 4 episodes a week as I have been for the past 3 weeks but you can expect even higher quality content in the future.
Because of your support I’m now able to invite higher profile guests.
I never thought that my little podcast made on a set of gaming headphones and edited on Garageband would reach so many people. We are about to hit 10,000 downloads.
Those of you who have emailed me, liked and commented on my Facebook posts and shared episodes with your friends have really kept me pushing ahead and creating the content I hope you find useful.
My goal for this podcast has always been to educate and empower doctors to make better financial decisions.
I have my financial planning diploma, but I’m no expert, and neither am I financially free.
What I am doing is learning from experts and sharing that knowledge with you.
You can think of me like a senior med student who understands the system, they can’t actually treat patients, but they know where to look for help.
The upcoming episodes will build on the “5 Pillars of Personal Finance” that I covered in episode 10.
It’s my holistic approach to money.
The 5 pillars has 2 defensive and 3 offensive moves.
We covered the defensive moves with wills in episode 13 and personal insurance in episodes 14a and b.
Now we can focus on the offensive moves- income, investments and independence or financial freedom.
So get ready to dig deep into shares, real estate, venture capital and other cool stuff.
I’m waiting for my first hater but I know that if I stay true to my goal of helping you guys stay ahead in the money game, I’ll be able to sleep well at night.
Between episodes you can check out the blog at medicalmoney.com where you will find the show notes and some of my random thoughts.
As you all know I’m a Swiftie so I’ll finish with a quote from Taylor herself
“No matter what happens in life, be good to people. Being good to people is a wonderful legacy to leave behind”
Thanks again. Stay safe and send me an email if you’d like to connect.
Show Notes
Obtaining an Insurance Policy (0:38)
Policy Ownership Structuring (8:34)
Application Process (10:30)
Exclusions & Loading (12:15)
Paying Policy Premiums (15:10)
Making A Claim (17:40)
Company Consolidation (22:28)
COVID-19 (24:30)
Income Protection Changes 2021 (27:43)
Today’s Guest
Sacha Loutkovsky
Senior Advisor & Insurance Specialist
Profile Financial Services
www.profileservices.com.au
Email
sacha.loutkovsky@profileservices.com.au
LinkedIn
www.linkedin.com/in/sachaloutkovsky
Show Notes
What is Insurance? (1:28)
Life (4:20)
Needlestick (8:10)
Income Protection (10:30)
Stepped vs Level Premiums (16:18)
Income Protection Policy changes 2020/2021 (19:08)
Trauma (28:38)
Total & Permanent Disability (36:36)
Today’s Guest
Sacha Loutkovsky
Senior Advisor & Insurance Specialist
Profile Financial Services
www.profileservices.com.au
Email
sacha.loutkovsky@profileservices.com.au
LinkedIn
www.linkedin.com/in/sachaloutkovsky
Show Notes
Wills (2.28)
Testamentary Trusts (11:39)
Powers Of Attorney (25:43)
Advanced Care Directives (32.23)
Today’s Guest
Tim Donlan, LLB
Contact Tim
Donlan Lawyers
www.donlanlawyers.com
tim@donlanlawyers.com
Phone
+61 (8) 8344 6422
Show Notes
Today’s Guest
Joshua Becker
Website
https://www.becomingminimalist.com/
over a million subscribers
App
Clutterfree App available on Apple and Google
www.clutterfree.com
YouTube
https://www.youtube.com/channel/UCBMKymQczkDxCpE1R2vvA4Q
Books
The Minimalist Home 2018
The More of Less 2016
Clutterfreee with Kids 2014
Simplify 2014
Charity
The Hope Effect
www.hopeeffect.com
Where you help give orphans a home
Magazines
Simplify Magazine
simplifymagazine.com
$6 per edition or $20 for life
Simplify Money
https://simple.money/
$6 per edition or $35 for life
Course
Uncluttered
12-week course that helps people own less, live more, and discover the life you want
runs 3 times a year and registration for the May course opens on April 24
https://my.becomingminimalist.com/
Remember to Subscribe and Share with your Colleagues
www.medicalmoney.com
Show Notes
Today’s Guest
Peter Thornhill
Peter’s Journey (2:55)
Peter’s Principles & Strategy (6:45)
Investing in the Corona Crisis (39.33)
Listener Questions (50:32)
Website
www.motivatedmoney.com
Book
Motivated Money
5th Edition 2015
___________
Sharesight
Portfolio management made simple. Try Sharesight for free and say goodbye to spreadsheets.
www.medicalmoney.com/sharesight
Show NotesDownload the Flowchart www.medicalmoney.com/pillars
I want you to visualise these 5 I's as the pillars holding up your personal finance Parthenon.
The pillars are:
- Income (2:26)
- Investments (4:17)
- Insurance (2:26)
- Independence (8:40)
- Inheritance (13:30)
If you invest in shares, then you really need to try Sharesight.
Manage 10 holdings for free or get 2 months free if you signup for a paid account. I’m on the Investor level plan.
Click this link to get your special offer:
http://www.medicalmoney.com/sharesight
Say goodbye to spreadsheets forever.
Show Notes
www.medicalmoney.com
The “Be Still” Guided Meditation starts at 4:20
Today’s Guests
Dr Michael Goldblatt
Dr Aparnie Lockie
GLO Clinical Hypnosis
Website:
www.glohypnosis.com.au
Email:
hello@glohypnosis.com.au
Phone:
(08) 8361 9909
Share your thoughts and money rules with me.
Send me an email at andrew@medicalmoney.com
- Spend less than you earn (1:30)
- Invest the difference (2:32)
- Use debt wisely (3:46)
- Necessary debt
- Ugly debt
- Evil debt
Show Notes
Get Your Remote Work Policy and Bonus Book here:
www.medicalmoney.com/youlegal
Practice, People, Profit (1:54)
Telehealth and Remote Working (11:45)
Advertising, Marketing and Dealing with AHPRA (19:45)
Today’s Guest
Sarah Bartholomeusz
Lawyer & Principal of You Legal
Connect with Sarah
sarah@youlegal.com.au
Phone
1300 870 661
Website
www.youlegal.com.au
www.linkedin.com/in/sarahbartholomeusz
Articles
Advertising and Social Media Articles
https://youlegal.com.au/search?q=advertising
Employment vs Contractor
https://youlegal.com.au/case-study-3
In this episode:
Practice, People, Profit (1:54)
Practice
-structures (unit trusts, partnerships, individuals)
-individuals
-review documents
People
-owners
-contractors- good video on YouTube contractor vs employee
-staff (admin, nursing)
-employment agreements
-patients
-outsourced staff
Profit
-privacy policy
-website , marketing, social media
-unit holder agreement
-lease agreements
-intellectual-property
-insurance
Telehealth and Remote Working (11:45)
Telehealth
-devices
-record-keeping
-information storage
-privacy
-cybersecurity
-risk management
-charging
Remote Working
-hours
-security
-supervision
-evaluating productivity
-employment agreements
Advertising, Marketing and Dealing with AHPRA (19:45)
-AHPRA, national law, therapeutics good, consumer laws, fair trading
-responding to an AHPRA complaint
Show Notes & Time Stampswww.medicalmoney.com
Problems That Have Surfaced (2:19)
Recognising Unfamiliar Feelings & Emotions (8:15)
Ways to Stay Mentally Healthy (10:18)
Contact Cate (36:41)
Today’s Guest
Dr Cate Howell
Connect with Cate
Website
www.drcatehowell.com.au
cate.howell@gmail.com
Phone
0417 867 815
www.facebook.com/DrCateHowell/
Resources & Publications
www.drcatehowell.com.au/shop/
Other Useful Resources
Action For Happiness
www.actionforhappiness.org
Lifeline
www.lifeline.org.au
13 11 14
Beyond Blue
www.beyondblue.org.au
1300 224 636
Show Notes
www.medicalmoney.com
Investing Principles (1:58)start early, compounding, diversification, liquidity, tax efficiency, asset protection
Structures (11:11)persona name, spouse & tenants in common, family trust, holding company, superannuation, SMSF
Asset classes (21:50)direct shares, property, managed investments, LICs, ETFs, independent and separately managed accounts, property syndicates
Today's GuestYves Schoof
QualificationsCertified Financial Planner
CompanyManaging Director
Affluence Private Wealth
Contact detailsPhone:
0432 885 295
Email:
yves@affluenceprivate.com.au
Resources
Website:
affluenceprivate.com.au
LinkedIn:
linkedin.com/in/yvesschoof
Medical CFO video series:
https://vimeo.com/showcase/3738863
Show Notes & Time Stamps
www.medicalmoney.com
Initiatives for Business (4:47)
-JobKeeper payment and wages subsidy (5:01)
-increased asset write-off, backing business investment (10:39)
-SME guarantee scheme (14:48)
-early access to superannuation (17:30)
-JobSeeker payment for sole traders (19:45)
-boosting cashflow for employers (20:25)
-PAYG instalment (22:26)
Initiatives for Individuals (24:45)
-Jobseeker (25:08)
-$750 stimulus payments (25:54)
-spouse means test increase job seeker allowance means tested (26:15)
-moratorium on evictions/ free childcare/ rent relief code of conduct (26:45)
Case Studies (29:05)
Case study 1 (29:25)
Relevant to practice owners who run a practice with admin staff and other practitioners.
Case Study 2 (32:40)
Relevant to Sole traders
Other (34:26)
Today’s Guests
Kathy Allen
kallen@dewings.com.au
John Manning
jmanning@dewings.com.au
Company
Dewings Accounting & Consulting
www.dewings.com.au
Phone: (08) 8291 7900
Fax: (08) 8291 7999 (24hrs)
Email: enquiries@dewings.com.au
Useful Links
Coronavirus Support for Businesses
https://www.business.gov.au/Risk-management/Emergency-management/Coronavirus-information-and-support-for-business
JobKeeper Payment
https://www.ato.gov.au/general/gen/JobKeeper-payment/
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/jobkeeper-payment
JobSeeker Payment
https://www.servicesaustralia.gov.au/individuals/services/centrelink/jobseeker-payment
ACMA (SA)
https://acma-sa.com.au
Show Notes
Psychological symptoms (2:00)
Screen time (11:15)
Gaming & Fortnite (15:53)
Social media & cyberbullying (23:15)
Protected time (32:10)
www.medicalmoney.com
Today's episode has got nothing to do with money, it’s about something much more important than that. It’s about family.
The corona crisis will have a huge impact on our kids. You could argue they are our biggest investment
My guest today is Dr Kim Le. Kim is a child psychiatrist with a special interest in gaming addiction. He’s a TED speaker, has been interviewed on the Sunrise breakfast show and will be featured in an SBS documentary called “Are You Addicted to Technology?”. He’s also a stand up comic.
We cover some of the psychological issues your children might face and how parents can manage screen time, gaming and social media.
Today’s Guest
Dr Kim Le
Qualifications
Child Psychiatrist
Find Kim Online
CGI Clinic - www.cgiclinic.com
Facebook Page - www.facebook.com/cgiclini/
Resources Mentioned
Call To Mind - www.calltomind.com.au
Lifeline - 13 11 14
Beyond Blue - 1300 224 636
Today’s podcast is about managing your personal and business cash flow in a COVID crisis and impending recession.
Date of Recording: March 30, 2020www.medicalmoney.com
My guest is Yves Schoof. Yves is a specialist financial adviser for doctors and dentists. He’s managing director at Affluence Private Wealth and helps doctors take control of their money and achieve financial freedom.
In today’s podcast, we discuss ways doctors can optimise their cash flow and ensure they survive the COVID crisis.
We cover ways to reduce your household outflows and manage your business expenses.
Today’s information is relevant whether you’re in public or private practice.
Topics Covered:
Common cash flow problems (1:47)
Household cash flow (4:05)
Emergency fund (12:55)
Business cash flow (16:43)
Today's Guest
Yves Schoof
Qualifications
Certified Financial Planner
Company
Managing Director
Affluence Private Wealth
(08) 9381 2704
Contact Details
Phone: 0432 885 295
Email: yves@affluenceprivate.com.au
Resources
Website: affluenceprivate.com.au
LinkedIn: linkedin.com/in/yvesschoof
Medical CFO video series: https://vimeo.com/showcase/3738863
Twitter: YvesSchoof
Subscribe for the latest updates at www.medicalmoney.com or send me an email at andrew@medicalmoney.com
On this podcast we share tips and tactics to help doctors earn, grow and protect their money.
This podcast is recorded on March 28, 2020. Over the past month the world as we know it has been turned upside down.
COVID-19 has infected half a million people worldwide with 23,000 deaths.
Here in Australia, we have three and a half thousand confirmed cases and the end is nowhere in sight.
Businesses have been shuttered and all non-urgent surgery has been cancelled from April 1st.
As an anaesthetist in full-time private practice, I’m effectively unemployed until further notice.
With all this spare time on my hands, it's a great time to start a podcast.
If you’re interested in learning how to optimise your finances please subscribe to this podcast. Also, head over to my blog www.medicalmoney.com and subscribe to stay updated.
If you know a colleague who might also find this information useful please share this with them.
I’d love to get your feedback so send questions, comments and recommendations to me at andrew@medicalmoney.com