Gearing for doctors and dentists – an introduction

Yves SchoofInvestments

In this series of 3 podcasts we will discuss the ins and outs of gearing, not only in property, but also in shares and managed funds. In this first episode we discuss the main characteristics of gearing, including the advantages and disadvantages. I hope you enjoy it.  

Two Critical Investment Truths For Doctors And Dentists

Yves SchoofInvestments

Investing and wealth creation can be really simple and yet very efficient and successful. However, many doctors and dentists, and their advisers in particular, complicate matters with no real benefit, and think too short-term. Here is an excellent article that highlights the benefits of long-term investment thinking: Lessons from the Market If you don’t have time to read it, here … Read More

Is Property (Still) The Holy Grail For Doctors And Dentists?

Yves SchoofInvestments

It is no secret that doctors and dentists have a love affair with property. However, all too often property investment and negative gearing is seen as the holy grail of wealth creation, and aggressively promoted by various medical accounting and financial planning groups. My belief is that there is a tremendous amount of risk involved with pursuing this single strategy. … Read More

When should doctors and dentists start investing?

Yves SchoofInvestments

This is one of the most common questions I get asked…and it is probably one of the best questions as well. Whilst it makes sense to pay off your home mortgage as quickly as possible, I believe it can also make perfect sense to start investing while you still have a mortgage. Because the younger you start, the longer compounding … Read More

Webinar – Wealth Creation For Doctors And Dentists

Yves SchoofInvestments

In this webinar I look at the key ingredients for doctors and dentists to build wealth. I cover topics such as: – mindset and discipline, – cash flow management, and – strategies and investment options. Click HERE to watch it on Youtube. I trust you will enjoy it.

4 Quick Tips To Avoid Investment Heart Break

Yves SchoofInvestments

Over the years, I have heard some heart-breaking stories of (medical) professionals who lost hundreds of thousands of dollars through bad investments: – a doctor who lost over $500,000 in a boutique resort-style property syndicate – he had to sell his house to top up his retirement funding; – various doctors who lost several hundreds of thousands on speculative, geared … Read More

Why Doctors Shouldn’t Bet Their Retirement Savings On Property

Yves SchoofInvestments

As I have highlighted a couple of times in the past, doctors and other medical professionals typically have a love affair with property. It is not hard to see why: – it provides tax benefits in the form of many possible tax deductions; – it is easy to leverage against and finance options are plentiful for doctors; – it is … Read More

Personal Finance For Doctors: Making Money While You Sleep

Yves SchoofInvestments

Many doctor clients ask us how they can generate passive income. The idea is really simple: you invest your employment income so that it can start to generate investment income. Over time this passive income can start to replace all or part of your employment income. But how exactly do you achieve this and what should you invest in? Let’s … Read More