Investment for doctors: should you trade shares and currencies?

Yves SchoofFinance

Quite often I hear doctors talking or enquiring about actively trading shares or even currencies. In this article I would like to explore how investment for doctors should be approached, and whether certain investment strategies are a waste of time (and money). Investment for doctors versus speculation One leads to wealth accumulation the other often to wealth destruction: do you … Read More

The Sandwich Generation’s struggle to retire

Yves SchoofBusiness, Investments

The ‘Sandwich Generation’ is the term typically used for the Baby Boomers who are being ‘squeezed financially’ by both their children (who are living at home longer) and their elderly parents, who also may require care and financial support. These pressures are making it very difficult for this so-called ‘Sandwich Generation’ to retire comfortably. I was recently interviewed by various … Read More

Doctors and holiday homes

Yves SchoofFinance

As I am spending a few fabulous days with my family in Western Australia’s glorious South West region, I can’t help but think about how many people will fall in love with a holiday home here. Summer holidays are typically the time of year when people believe buying a holiday home might also be a wise investment decision. After all, … Read More

Disruptive trends in healthcare

Yves SchoofBusiness, Finance

In a previous article (click HERE) I commented on how doctors can turn disruption into opportunity. In this week’s article I wanted to share some other interesting insights I found on current disruptive trends in healthcare. Below is a summary of the information that is available on the PWC Healthcare Website. I would encourage you to watch the 5 minute … Read More

The future of medicine: how doctors can turn disruption into opportunity in 2016

Yves SchoofFinance

The start of a new year is the ideal time for some reflection, and to ask ourselves: What is the future of medicine in 2016? There is no doubt that medicine is facing many different disruptional forces: cuts in healthcare budgets, uncertainty regarding employment, competitive forces, technology, a ‘power’ shift towards the patient… However, while some doctors might feel overwhelmed … Read More

Doctors and property investment: how much is too much?

Yves SchoofFinance

Many doctors have a preference for investing in property. It is not hard to see why: – property is tangible and easily understood; – property investment offers a lot of tax deductions; and – property investment can easily be borrowed for (particularly by doctors). While quality property is generally a great addition to an investment portfolio, it makes perfect sense … Read More

Asset protection for doctors

Yves SchoofFinance

asset protection for doctors

Many doctors are concerned about losing everything they have worked for through a claim being made against them. In this article I would like to explain what asset protection for doctors entails and how you can achieve it. What is asset protection for doctors and what are some of the risks? Asset protection means protecting your house and other assets … Read More