Is Now A Good Time To Invest?

Yves SchoofInvestments

This is the number one question I have been asked over the last couple of weeks. As you would expect, the answer is not that straightforward. First of all, what might be good timing for one person, might be bad timing for another person, based on their individual circumstances. Secondly, no one has a crystal ball and so we don’t … Read More

How Financial Modelling Can Help You Make Smart Decisions

Yves SchoofFinance

Don’t we all wish we had a crystal ball? Well, we have something that comes pretty close to that. As part of your financial planning process for our doctor and dentist clients, we undertake detailed financial modelling. Based on the information you provide about your current and expected future circumstances, we can give you a glimpse into your financial future. … Read More

The 7 Finance Tips Every Doctor and Dentist Needs To Know

Yves SchoofFinance

For this weeks’ article I got my inspiration from the Humble Dollar blog. I have condensed the ideas and tips with some comments of my own. I hope you find value in it.   Don’t overextend yourself financially when buying a home, or it will determine the rest of your life. As a guideline, make sure you can pay off … Read More

Time Is Running Out For Generous Income Protection Policies

Yves SchoofFinance

Time is running out to put in place a current-style income protection policy, and we have been getting numerous enquiries from doctors and dentists wanting to do just that before March 2020. This is in response to newspaper articles about the upcoming changes to income protection policies. In response to ongoing heavy losses in respect of individual disability income insurance … Read More

Should Doctors and Dentists Consider Sustainable/Ethical Investment?

Yves SchoofFinance

There is a clear movement, in particular with the younger generations, towards ethical and sustainable investment. In essence it means that you apply a ‘filter’ to your investments. This filter can be positive, i.e. you seek to invest in companies that demonstrate sustainable management practices and environmental policies. The filter can also be negative: you avoid investment in tobacco companies … Read More

Estate Planning for Doctors And Dentists

Yves SchoofFinance

Estate planning is the process whereby you typically create a Will, Power of Attorney and Power of Guardianship document. Whilst many of us do not want to think about death, it is inevitable of course. Organising your affairs will save your loved ones a lot of time and unnecessary expenses. In this series of videos I explain the different types … Read More

Should You Take Time Off Work To Manages Your Finances?

Yves SchoofFinance

This was the premise of a news article I recently read. The idea is that you take regular time off work to actively manage your money, find the best deals, monitor your investments, etc. Whilst on the surface this may seem like a good idea for most people, for doctors and dentists there is tremendous opportunity cost (i.e. lost income … Read More

Insurance For Doctors And Dentists

Yves SchoofFinance

One of the main questions we get from young doctors and dentists is how to best protect their family, and how to achieve this in a cost-effective way. With so many different personal insurance products on the market and variables to choose from, how do you best organise this? Well, you should of course always seek professional advice, but I … Read More

Investment Ideas For Children

Yves SchoofInvestments

This article outlines some investment options for children. We have found investment bonds to be quite effective and popular for our clients, due to their tax efficiencies and also wide range of investment options. As always, you should seek tax and personal financial advice before making any investment decisions. P.S. Whenever you are ready, here are 4 ways I can … Read More