In this podcast we explore how our advice process is different from other medical and dental advisory groups, based on a client case study. We would be happy to provide you with a second opinion.
Over the next 4 weeks I am offering 10 free ‘Kickstart Your Finances’ sessions. The process includes: – A 30 minute digital consult to discuss your most pressing financial issues; – An analysis of the 8 most important financial areas (including Tax Planning, Finance, Cash Flow) and how you score; – A personalised Money Dashboard highlighting the areas you should action. If you … Read More
Steve had seen my profile online and came to see me to help him build a property portfolio. He had already invested in two properties, and believed this was the best strategy to build wealth quickly. However, as I have seen with many other clients, this strategy has a lot of flaws. Unfortunately, it is still heavily recommended by prominent … Read More
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
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
Doctors and dentists typically have long careers, but doctors in particular start working later than most people, and as result also start building wealth later in life. This can lead to a situation where insufficient wealth is accumulated early in life, missing out on valuable compounding benefits, which makes it harder to accumulate sufficient retirement savings. A possible solution for … Read More