Episodes
Sunday Feb 26, 2023
What is debt and how to USE it to build wealth? (Part 2)
Sunday Feb 26, 2023
Sunday Feb 26, 2023
We are brought up to hate debt and to pay-off every single dollar as fast as we can so we do not have debt. That is the common teaching. But using debt is different from having debt. We are not familiar nor comfortable with this concept. It does take a different mindset to absorb this. In this episode, we start with defining debt and OPM (Other People's Money). Then, we discuss how to leverage OPM. Enjoy the learning carefully!
If you want to leave me feedback or comments, please email me at hmfhd2020@gmail.com.
Sunday Feb 19, 2023
What is debt and how to USE it to build wealth? (Part 1)
Sunday Feb 19, 2023
Sunday Feb 19, 2023
We are brought up to hate debt and to pay-off every single dollar as fast as we can so we do not have debt. That is the common teaching. But using debt is different from having debt. We are not familiar nor comfortable with this concept. It does take a different mindset to absorb this. In this episode, we start with defining debt and OPM (Other People's Money). Then, we discuss how to leverage OPM. Enjoy the learning carefully!
If you want to leave me feedback or comments, please email me at hmfhd2020@gmail.com.
Thursday Feb 09, 2023
Thursday Feb 09, 2023
There is great debate going on in the wider financial community about life insurance. There is really 2 schools of thought out there: only buy Term insurance and invest the difference (BTID) vs Whole life insurance. There are indications (medical lingo used here) for both types of insurances. We should take some time to understand them. This one is on Participating Life insurance. Please enjoy the learning responsibly!
If you would like to leave me feedback or comments, please email me at hmfhd2020@gmail.com
Saturday Jan 28, 2023
Saturday Jan 28, 2023
Many physicians feel they are trapped. I know many of these physicians. They cannot do anything else other than medicine (and their own specialty). The reality is that physicians have acquired throughout their studies many skills that are transferrable to other careers. However, at times, we are too emotionally trapped to recognize the spectrum of skills we have. We do have them. of course, we also need to learn new skills to embark into new adventures. With the rising rates of burnout among physicians and healthcare professionals, what could be the solutions? Is non-clinical work (and alternative method of making an income) part of the solution? The answer is a resounding "Yes!". Please see what opportunities are possible by learning from Dr. Tsiodras.
If you would like to leave me feedback or comments, please email me at hmfhd2020@gmail.com
Monday Jan 23, 2023
What is Arm’s length lending with your RRSP?
Monday Jan 23, 2023
Monday Jan 23, 2023
Physicians know much about investing (in the Market). Many are not aware about Arm's length private lending. What is this and what does it eat in the winter? We are going to bring this to your awareness today. Enjoy the learning!
Please lave me feedback or comment at hmfhd2020@gmail.com
Friday Jan 13, 2023
How to get started in real-estate investing for healthcare professionals
Friday Jan 13, 2023
Friday Jan 13, 2023
I hear a lot of my colleagues talk about real-estate investing and earning passive income via real-estate. Many have talked about it. Very fews have actually done it. Maybe because of lack of knowledge. Maybe because of fear. Maybe just procrastination. Whatever the reason, there is no more excuse after this episode.
If you want to leave me any comments or feedback, please email me at hmfhd2020@gmail.com
Friday Jan 06, 2023
Occupational therapist gone entrepreneur! Passion beyond clinical work.
Friday Jan 06, 2023
Friday Jan 06, 2023
Many of us secretly dream of a non-clinical job or career. We struggle to figure out what that would look like but, more importantly, how to get there. As we face more burnout in our industry, it becomes an imperative to actually drive towards our passion that can become a signifcant side job in this GIG economy. Having a passion outside of clinical work is now, I think, a must to combat burnout. Julia Perreira, a very successful occupational therapist, shares with us how she did it and what tips she has for us. Julia serves as an inspiration to all of us.
Please leave me your feedback or comments at hmfhd2020@gmail.com
Friday Dec 23, 2022
It’s not sexy, but it is important - Financial Planning for SECURITY!
Friday Dec 23, 2022
Friday Dec 23, 2022
Everyone loves to talk about investment and stocks. We love to talk about the latest and shiniest coin on the block. But it is really not as important as considering the entire financial plan. Focusing mainly on investments as your overall financial plan can lead to a failed plan. What else should we do then?
Please leave me with your feedback and questions at hmfhd2020@gmail.com
Sunday Dec 04, 2022
Build financial security, independence, and wealth with the Wealth Creator
Sunday Dec 04, 2022
Sunday Dec 04, 2022
Many think life insurance is only for the estate after our passing (journey to the clouds). That is a very limited and scarcity mindset view of what life insurance can do. Those who truly understand life insurance know many other strategies to build financial security, independence, and wealth. This is one of such very powerful strategies. It is not for everyone, but it is something to be at least be aware of.
if you would like to leave me feedback, please email me at hmfhd2020@gmail.com
Sunday Nov 06, 2022
Value should be your focus, not just cost!
Sunday Nov 06, 2022
Sunday Nov 06, 2022
We, in healthcare, are no different than everyone else when it comes to evaluating a product or service. Everyone, even people whose expertise is financial products and strategies, fall in the same trap. That is basing their assessment mainly focused on cost and fees. That is absolutely the wrong mindset. And it is very costly in the end. Life is a great teacher, but this teacher is very expensive. Learn to evaluate a product or service based on value, not cost.
Please email me at HMFHD2020@gmail.com if you ave any comments or feedback.