Shows
beyond MD with Dr. Yatin ChadhaEp #95 - Building Resilience and a Sustainable Career for the Long Term - with Dr. Mamta GautamToday I host Dr. Mamta Gautam, MD, MBA, FRCPC, CPDC, CCPE, CPE. Mamta is an internationally renowned psychiatrist, consultant, certified coach, author and speaker. Focused on Physician Health and well-being since 1990, she is a trailblazer in this field and is known as the “The Doctor’s Doctor”. In the past 2 decades, she has expanded her work to include Leadership Development, to better address system-level factors that impact the wellbeing of healthcare workers.Discussion points:- Mamta's background & fascinating origin story (3:23)- how to pursue growth at work to create an enjoy...2025-07-1754 minbeyond MD with Dr. Yatin ChadhaEp #94 - A Framework for Finding Purpose & Bringing your Business Ideas to Life - with Farrah KhimjiToday I welcome my friend, Farrah Khimji, to the show.Farrah Khimji is a business strategist, keynote speaker, and the founder of The Wellth Experience — a business coaching platform and community that helps high-achieving women build purpose-driven businesses rooted in their story, values, and voice. With a CPA, an MBA, and a specialization in Strategy from Harvard, Farrah brings serious business credibility, backed by years of experience in private equity and commercial real estate.Today, Farah helps others bring their business ideas to life so they can maximize their impact in th...2025-07-0358 minbeyond MD with Dr. Yatin ChadhaEp #93 - An Update on Traveling the World by Optimizing Credit Card Rewards with Dr. Benjamin Hutten-Czapski, founder of Rewards MDToday I'm thrilled to welcome Dr. Benjamin Hutten-Czapski, founder of Rewards MD to discuss a topic that can benefit each and every one of us......traveling the world by paying less through optimizing credit card rewards.You will want to listen to the end. Key links are at the bottom.Discussion Points:- introduction (2:18)- Rewards MD & how it's different (5:44)- what makes a good keeper credit card? (7:55)- a summary of the various ecosystems (10:18)- Amex...2025-06-191h 03beyond MD with Dr. Yatin ChadhaEp #92: Why Contributing to the Canada Pension Plan (CPP) is a Good Idea - with Jason Yee, CFAWelcome back to a second episode on the Canada Pension Plan (CPP).My guest is Jason Yee, a true CPP ninja. Jason guides us through CPP and its 2019 & 2024 enhancements to outline the key features of the plan & helps us understand what we will get from it in the future.Discussion Points:Jason's background (2:43)CPP basics (5:05)Key features of CPP (6:27)Why is CPP so polarising? (9:26)What determines what we will get out of CPP? (11:32)CPP enhancements: why...2025-06-0532 minbeyond MD with Dr. Yatin ChadhaEp #91 - Dissecting Immediate Financing Arrangements (IFAs) with Promod & Jeevan SharmaToday I welcome Promod Sharma & Jeevan Sharma to the show to discuss the immediate financing arrangement (IFA).Promod (actuary) & Jeevan (CFP) specialize in helping high-net-worth individuals & tackling their unique situations beyond basic insurance coverage. Discussion Points:What is an IFA? (2:17)Whole life (WL) vs Universal life (UL) - which is more suitable for an IFA? (3:41)What is the cash surrender value (CSW)? (7:35)How can policies be structured to allow for IFAs...Important (9:30)Who could b...2025-05-1557 minbeyond MD with Dr. Yatin ChadhaEp #90 - Kids hold the secret to a happier & richer life - with Dr. Hasan MeraliSometimes the answers are right in front of us. My guest today is Dr. Hasan Merali, MD MPH, author of Sleep Well, Take Risks, & Squish the Peas.We both believe kids hold the secret to a happier & richer life. Today, Hasan provides stories & evidence from the science of toddlers to back this up. He also discusses how we can incorporate certain practices into our day-to-day routines.Discussion Points:Hasan's introduction (2:40)Benefits of training in different places (4:10)How Hasan became fascinated with the science of toddlers (5:45)2025-05-0147 minbeyond MD with Dr. Yatin ChadhaEp #89 - The stock market is falling, what should we do? With Dr. Paul HealeyI've been investing for 7 years. When the markets get volatile & uncertainty arises, I find it informative & reassuring to sit down with another savvy mind.Today, I'm thrilled to chat with Paul Healey about questions people have related to investing in today's markets.This is jam packed with practical insights and valuable lessons Paul has learned since he started investing in 2007.Discussion Points:- What are the main questions today? (2:10)- Strategy - investing regularly vs buying the dips (7:45)- How can we manage our emotions? (10:05)2025-04-1734 minbeyond MD with Dr. Yatin ChadhaEp #87 - The wisest investment: raising money-smart kids, with Robin Taub, CPAToday's interview features best selling author, Robin Taub. Robin's book is The Wisest Investment: Teaching Your Kids to Be Responsible, Independent and Money-Smart for LifeRobin is CPA by training & started her career at KPMG, pivoted into real estate, & then entered the complex world of derivatives marketing at Citibank Canada. Today, she’s a keynote speaker & award-winning author. Robin lives in Toronto, where she and her husband have raised two (mostly) money-smart young adults. She loves to snowboard, cycle &go to concerts (she even got backstage once and met Bruce Springsteen).2025-03-2056 minbeyond MD with Dr. Yatin ChadhaEp #86 - Understanding the Healthcare of Ontario Pension Plan (HOOPP) for Incorporated Physicians - with Rachel ArbourToday we revisit pensions with an exploration of the Healthcare of Ontario Pension Plan (HOOPP) for incorporated Ontario physicians.My guest is Rachel Arbour, who is the Head of Plan Benefits, Design and Policy at HOOPP. Discussion points:- HOOPP overview (2:28)- What is a defined benefit pension? (4:13)- How is the defined benefit calculated? (6:23)- what to know about your best 5 years of earnings (9:35)- Is there a ceiling to the defined benefit? (10:31)- who is e...2025-03-0654 minbeyond MD with Dr. Yatin ChadhaEp #85 - Creative pursuits, using your knowledge to impact others, & finding fulfillment in medicine, with Dr. Michael FralickI'm delighted to welcome back my friend and colleague, Dr. Michael Fralick, MD, PhD.Mike is a creative spirit and has a knack for finding opportunities to positively impact others through his knowledge & expertise.He is a clinician scientist, runs the Fralick lab (which covers the intersection of AI & patient care), and last year published his first book & launched his internal medicine review course.I hope you enjoy this conversation which covers creativity, productivity & time management, and how to use our knowledge to drive impact & find meaning in medicine.2025-02-2046 minbeyond MD with Dr. Yatin ChadhaEp #84 - What happens if I get sued as a physician in Canada? With Dr. Todd Watkins, Associate CEO of the CMPAThis is a big one - what happens when we receive a malpractice claim? Medicine is a challenging field with high stakes. We all know colleagues who have been in this situation.I'm thrilled to welcome Dr. Todd Watkins, associate CEO of the CMPA (Canadian Medical Protective Association) for a 101 on what to do & what to expect if we get sued.Discussion Points:Dr. Watkins' intro (2:18)What is the CMPA (3:05)How would you hear about a case against you? (6:02)What information is on a...2025-02-0646 minbeyond MD with Dr. Yatin ChadhaEp #83: What factors impact returns when investing in real estate development? - with Sasha Cucuz, CEO of Greybrook SecuritiesToday I welcome back Sasha Cucuz, CEO of Greybrook Securities.The focus today is to understand the variables impacting the margins (& expected returns) on investments in real estate development.Discussion points:- Greybrook's high rise model (2:19)- understanding the value of land (3:30)- what variables are controllable? (9:25)- the outlook for pre-construction condos (15:25)- how are margins impacted for condo projects? (24:25)- has the southern Ontario investment thesis changed? (31:15)- the anatomy of a USA value add project (37:50)- what areas excite Greybrook...2025-01-2356 minbeyond MD with Dr. Yatin ChadhaEp #82 - 11 Powerful Productivity Hacks for 2025 and BeyondI've become fascinated with productivity over the last 2 years because it's another tool in our kit to effectively increase the time we have in our lives, so that we can live life on our own terms.I share my experiences over the years & key learnings from 4 of my favourite productivity books (see below).Discussion Points:- why I'm fascinated by productivity (0:40)- hack #1: set your goals & write them down (1:55)- hack #2: figure out your next action step (4:18)- hack #3: plan & structure your day (6:22)- hack #4: cluster your tasks (9:33)2025-01-0927 minbeyond MD with Dr. Yatin ChadhaEp #81 - Forever episode: Traveling the World Affordably by Optimizing Credit Card Points with Ricky ZhangHey gang - this is a re-release of one of the most popular episodes ever. Not out of laziness, but because several listeners have reached out to ask about which credit cards will allow them to elevate their travel game.There's no better time than the start of the new year to talk travel :)I interviewed my guest, Ricky Zhang (founder of Prince of Travel), in the summer of 2023. Most of what's discussed here is still very relevant today.CRITICAL: In the conclusion I summarize key changes you will want to...2025-01-021h 06beyond MD with Dr. Yatin ChadhaEp #80: The Relevance & True Cost of CPP (Canada Pension Plan) for Small Business Owners - with Aravind SithamparapillaiToday I welcome Aravind Sithamparapillai (MBA), who is an associate at Ironwood Wealth Management. Aravind is becoming known as a tax ninja - he breaks down complex topics nicely for listeners of all levels.While the focus of this episode is meant to be CPP (Canada Pension Plan) & its relevance to business owners, we cover a lot of ground that includes salary vs dividends & tax basics.Discussion Points:Aravind's background (4:18)The basics of tax integration (5:00)Tax integration by province/territory (6:42)Tax credit & deduction on the employee portion of CPP (9:16)2024-12-1251 minbeyond MD with Dr. Yatin ChadhaEp #79 - Embracing New Opportunities, Taking Risks, & Maximizing Impact with Dr. Neel Chadha - beyond MD Physician JourneysToday I'm thrilled to host Dr. Neel Chadha. Neel is a family physician who made the bold decision to go all in on developing retirement residences for seniors.This is a story of embracing new opportunities, taking calculated risks, & pursuing a focused life to find success.Discussion Points:Introduction (1:35)From family medicine & geriatrics to developing senior homes (5:15)Neel's decision to leave the hospital & go all in on senior living (6:55)Neel's retirement residence community (9:35)Senior living in Canada - status quo, supply/demand (12:00)Investing in senior...2024-11-1434 minbeyond MD with Dr. Yatin ChadhaEp #78 - Real Estate: Converting Equity to Cashflow Though Toronto Multifamily Investing with Matthew Lee & Ming Lim (Volition Properties)The idea for today's pod was born after a riveting conversation on a flight to Florida. I'm happy to host Matthew Lee & Ming Lim from Volition Properties to learn how they've built wealth through investing in multifamily properties in the Toronto core.Discussion Points:- Introductions - worth it, I promise (1:30)- Introduction to Volition (8:15)- The investment thesis for multifamily in Toronto (10:35)- Investment locations (19:50)- Why tenants are so critical to the business model (23:45)- Are there opportunities currently in Toronto? (25:30)- What about...2024-10-241h 06beyond MD with Dr. Yatin ChadhaEp #77: Unpacking My Biggest Life & Money Lessons - My Wife, Sima Acharya, Interviews MeToday is a little different on beyond MD. My incredible wife, Sima Acharya, interviews me to uncover money & life lessons I've learned over time. Plus, we talk about lessons we've learned as a couple.Discussion points:Sima's introduction (2:00)Starting an idea - how & why beyond MD came to be (6:15)Your spouse doesn't have to be a sounding board for everything (11:45)The biggest lessons learned over time (13:50)What concepts from the pod have I put into practice? (21:40)What podcast topics have I intentionally avoided today? (27:59)Lessons for...2024-10-0356 minbeyond MD with Dr. Yatin ChadhaEp#76: Optimizing Finances for our Kids' Education - RESPs & beyond - with Dr. Matt PoynerToday I host my friend & colleague, Dr. Matt Poyner. Matt breaks down the Registered Education Savings Plan (RESP) & other ways to optimize finances when it comes to our kids' education.Matt is a long time blogger at dividendstrategy.ca, physician, & is now passionate about offering flat fee financial planning.Discussion Points:- Matt's journey & foray into financial planning (2:34)- Basic RESP overview (14:15)- RESP set up - family vs specified (21:05)- Optimal RESP contribution strategy (23:09)- Investing approach inside an RESP (31:32)- RESP...2024-09-121h 05beyond MD with Dr. Yatin ChadhaEp #75: Philanthropy - 4 Essential Reasons to Give - with Mark Halpern & Yatin ChadhaMark Halpern (CFP, TEP, MFA-P) is one of the top voices in tax efficient philanthropy in Canada. Earlier this year, Mark interviewed me on the reasons to give, and I came up with 4 reasons important to me that I hope you will find useful.Discussion Points:- my background & journey (3:00)- the journey of beyond MD (6:02)- how my interest in philanthropy evolved (11:20)- reason #1 to give: giving makes is happier - what is the evidence? (13:10)- reason #2 to give: imparting valuable lessons to our children (20:05)- how to...2024-08-2250 minbeyond MD with Dr. Yatin ChadhaFixed Income: Understanding Mortgage Investment Corporations in Today's Environment with Arjun Saraf (CPA, CA, EMD)I'm thrilled to host my friend & colleague, Arjun Saraf (CPA, CA, EMD). We focus on Mortgage Investment Corporations, with a focus on understanding the challenges in the current environment & key considerations when navigating this investment strategy.Discussion points:- Arjun's professional background (5:33)- Quick overview on New Haven's MIC (6:57)- Understanding equity based lending (8:50)- How does a high interest interest rate environment impact a MIC? (12:00)- The MIC business landscape today (15:07)- Tax treatment of MIC investment income (17:41)- Current trends on arrears (18:25)2024-08-0155 minbeyond MD with Dr. Yatin ChadhaDissecting Health Spending Accounts (HSAs) with Justin ManningToday I'm excited to host Justin Manning, a licensed life & health insurance broker from BC, to talk about a topic I've been getting many questions on lately: Health Spending Accounts, HSAs.Discussion Points:- Justin's background (4:05)- What is an HSA/PHSP (4:45)- HSA eligibility (5:42)- Who could benefit from an HSA? (9:45)- What services are covered by an HSA? (11:20)- Can travel insurance be covered by an HSA? (13:29)- Specific services covered/not covered by an HSA (14:20)- The mechanics of how an HSA...2024-07-1147 minbeyond MD with Dr. Yatin ChadhaRe-examining pension plans for professionals with Jason PereiraToday I'm thrilled to welcome Jason Pereira, award winning financial planner to the show to re-explore pension plans for professionals. The focus is on the IPP, the individual pension plan. Discussion Points:- Individual Pension Plan (IPP) overview (2:40)- Jason's background (5:25)- key definitions - defined benefit (DB) & defined contribution (DC) pensions (6:10)- how is the DB of an IPP calculated? (7:18)- When to start an IPP? Thoughts on waiting longer & reducing fees (11:20)- Who is the ideal candidate for an IPP? (14:08)- Is there an...2024-06-2058 minbeyond MD with Dr. Yatin ChadhaThe Building Blocks of a Happy & Successful Life - with Andrew HallamI am delighted to host international best selling author, Andrew Hallam, on today's episode.We have a wide ranging discussion on the pillars of a successful life, the relationships between money & home ownership & happiness, spending money to enhance life satisfaction, evidence-based investing for success & simplicity, relationships, purpose, & lessons learned living abroad.Discussion Points/Chapters:- Andrew's background (1:40)- The requisites of a balanced & successful life (5:35)- The relationship between income and happiness (7:30)- How should we spend our money? (10:40)- The desert island litmus test (15:55)...2024-05-301h 12
Physician Empowerment44 - Work Life Balance with Dr. Yatin ChadhaDr. Kevin Mailo is joined by friend and ‘beyond MD’ podcast host Dr. Yatin Chadha in a conversation about why the balance of personal fulfillment and wellness is so important to keep in alignment with both work and finance. Dr. Chadha continuously explores personal and professional growth in his own life and it’s this experience that he draws on to illustrate how his mindset ensures the key relationships and goals in his life thrive alongside work. One of the first things Dr. Chadha addresses is the need to continue to find meaning in the work we do. He...2024-05-3029 minbeyond MD with Dr. Yatin ChadhaDo you have a business idea? Practical & financial considerations for start ups with Matija Kamikovski, CFAWelcome back to beyond MD! Do you have an idea you want to bring to the world? If so, this episode is for you. Today I sit down with Matija Kamikovski, CEO of Precision Finance. Matija has more than a decade of experience leading finance teams at start ups.Discussion Points:Matija's background in guiding startups (4:10)Coming up with a sustainable business idea (7:50)How to get data on the usefulness of your idea (10:25)How do you know people will pay for your idea? (13:05)Attributes leading to...2024-05-0959 minbeyond MD with Dr. Yatin ChadhaHow Will a Higher Capital Gains Inclusion Rate Impact Canadian Professionals? with Ali Spinner, FCA, FCPA, TEPI'm thrilled to host Ali Spinner, one of Canada's most trusted voices in tax, on the implications of the proposed hike in the capital gains inclusion rate.Discussion Points:- Tax 101 & What happened to the capital gains inclusion rate (0:55)- Numerical example with 100K capital gains (5:51)- Has tax integration been violated? Where should we hold certain assets like rental properties? (6:25)- Is it still worthwhile incorporating? (13:30)- A brief history of the capital gains inclusion rate (16:48)- What can investors do?:a) absolutely nothing (19:05)b) selling...2024-04-2038 minbeyond MD with Dr. Yatin ChadhaShould you Buy Rental Properties? A Physician's Perspective after 15 years of Real Estate InvestingI'm happy to have Dr. Kevin Mailo back on the show to discuss what he's learned from investing in real estate (RE) over the last 15 years. We talk about winners and laggards in the portfolio, property managers, challenges with direct ownership in RE, the importance of due diligence in private equity, & how critical it is to understand your "why" in investing.Physician Empowerment's Toronto conference occurs May 25-26 this year and you can save $100 using the discount code YATIN24 at: https://www.physempowerment.ca/liveDiscussion Points:2024-04-1144 minbeyond MD with Dr. Yatin ChadhaCorporate Shareholder Agreements with Parish BhumgaraIn this episode I sit down with Parish Bhumgara from Gardiner Roberts LLP to discuss corporate shareholder agreements (CSA).Discussion points:- Parish's background (2:05)- Corporate shareholder agreements/CSAs: what & when? (2:40)- CSAs: who should consider this? (3:45)- CSA structure (6:20)- CSA share types (8:05)- Key details to be outlined on a CSA (11:03)- Unanimous shareholder agreements (16:33)- Scenarios where CSAs really help (17:33)- Separate corporation to invest in Real Estate (19:52)- Corporations as a way to reduce liability (21:55)- Any disadvantages to CSAs? (23:30)2024-03-2130 minbeyond MD with Dr. Yatin ChadhaMy Investing Journey: The Good, The Bad, & The UglyToday I discuss some of my investments. There have been wins along with some subpar performances. I've also caught myself occasionally falling into common investing traps. Today I address it all and what I've learned from my experiences.Discussion points:- #1: focusing too much on price (4:46)- #2: the importance of understanding what you are investing in (9:48)- #3: sometimes it pays to take less drastic action (17:35)- #4: investing in the market at all time highs (25:54)Companies discussed: DIS, CVS, SIA.TO, NVDAETFs: XAW.TOLinks:Yatin's...2024-02-2928 minbeyond MD with Dr. Yatin ChadhaTax Matters: How will Alternative Minimum Tax (AMT) Changes Affect High Income Canadians in 2024? - with Kim GC MoodyToday I welcome Kim GC Moody, one of our country's top tax experts, to discuss AMT (Alternative Minimum Tax) changes for 2024 & beyond and the potential implications for high income earners in Canada.The podcast has 3 segments:1) AMT history & mechanics2) AMT changes3) AMT ScenariosDiscussion Points:AMT basics (0:47)Table of contents (2:07)Kim Moody's bio (2:41)Intro (3:58)AMT intro, history, & mechanics (6:33)How are tax decisions made in Canada? (12:12)How has AMT changed in 2024? (15:45)Are more people leaving Canada due to excess tax? (20:00)AMT...2024-02-1554 minbeyond MD with Dr. Yatin ChadhaKey Learnings from 15 years of DIY Investing in the Markets with Dr. Dimitre RanevI'm thrilled to host Dimitre Ranev, MD. Dimitre is a savvy mind when it comes to DIY investing. I've benefitted from his wisdom over the years & I'm excited to pick his brain on his investing approach today. This episode features Arya EHR - https://www.aryaehr.com/**I endorse only products/services I personally use or would use. I can get commissions that will be used to offset the costs of running this podcast :)Discussion Points:Guest Introduction (3:13) An overview of Dimitre's portfolio & i...2024-02-0151 minbeyond MD with Dr. Yatin ChadhaHow to Soar to a Rich & Successful Life with Dr. Ketan KulkarniI'm thrilled to welcome back our colleague, Dr. Ketan Kulkarni, who is a pediatrician, coach, author, & entrepreneur. This is a fun and wide ranging interview. We discuss Ketan’s new book, Soar: A Soul's Quest (link below), what a rich & successful life means to us, how to stick to our core values, time management, financial needle movers, bringing out the best in our kids, & more.Discussion Points:Ketan’s new book, Soar (2:48)Lessons learned after writing 2 books (9:45)Tips for writing a book (15:34)2024-01-1154 minbeyond MD with Dr. Yatin ChadhaEnjoying a Diverse Career & Multiple Streams of Income with Dr. Stephanie Zhou (Part 2)Thanks for tuning in to part 2 of multiple streams of income with Dr. Stephanie Zhou.One thing I hope people can take away from these interviews is that it's possible for many of us build a diverse and rewarding career....the multiple streams of income is the cherry on top.Discussion Points:Getting paid to offer advice in your area of expertise (0:37)Steph's approach to venture capital (6:08)Income through traditional investments (12:52)Income potential through social media (16:05)2023-12-1533 minbeyond MD with Dr. Yatin ChadhaEnjoying a Diverse Career & Multiple Streams of Income with Dr. Stephanie Zhou (Part 1)Join Dr. Stephanie Zhou in today's episode as she dives into her diverse career and the streams of income that come with it. Dr. Steph specializes in addictions medicine at Sunnybrook Hospital, leads the Financial Literacy Curriculum at the University of Toronto, started the annual Physician Financial Wellness Conference, and was recognized among Canada's 100 most influential women in 2022.Tune in for an insightful conversation on multiple streams of income!Discussion Points: The different types of income streams (4:30)How Dr. Steph’s practice is stru...2023-12-0831 minbeyond MD with Dr. Yatin ChadhaPermanent Life Insurance Part 4 Addendum: Options for Navigating Policies without Fully ExitingHello all! We decided to add a few details to Part 4 on Permanent Life Insurance with Jeff Bernstein (CLU, MFA-P).While some may elect to cancel policies, there are also options for navigating policies without fully exiting, which are covered here in a quick summary:1. APL (Automatic Premium Loan)2. RPU (Reduced Paid-Up Option)3. Premium Offsetbeyondmdpodcast@gmail.comjeffbernstein@seligman.ca2023-12-0603 minbeyond MD with Dr. Yatin ChadhaThe Truth about Permanent Life Insurance (Part 4) - Who should consider permanent life insurance?....And moreThank you for joining me on the final segment of permanent life insurance with Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance.Discussion Points:- The White Coat Investor & permanent life insurance (1:26)- Who can benefit from permanent life insurance? (3:44)- Commissions on permanent life insurance (8:14)- How do commissions impact your policy? (19:18)- Exit strategies, Canceling a policy (22:15)- Closing remarks (25:51)This episode features Arya EHR - https://www.aryaehr.com/**I endorse only products/services I personally...2023-11-1730 minbeyond MD with Dr. Yatin ChadhaThe Truth about Permanent Life Insurance (Part 3) - How can a Permanent Life insurance policy be used?Welcome to Part 3 of Permanent Life Insurance with Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance.Discussion Points:Summary of the death benefit (0:58)Permanent life policies for the kids? (2:58)Corporate Insurance Retirement Plan (6:10)Infinite banking/being your own banker (beware) (18:50)Immediate Financing Arrangement (IFA) (29:17)Jeff Bernstein:https://www.linkedin.com/in/jeffreymbernstein/jeffbernstein@seligman.cahttps://seligman.ca/My links:https://www.linkedin.com/in/yatin-chadha-29074b109/beyondmdpodcast@gmail.com2023-11-1638 minbeyond MD with Dr. Yatin ChadhaThe Truth about Permanent Life Insurance (Part 2): Demystifying Participating Whole Life Insurance - with Jeff BernsteinWelcome to Part 2 of Permanent Life Insurance with Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance.Discussion points:PAR Whole life investments (2:05)PAR fund performance, dividend scales (5:51)PAR fund actuarial assumptions (9:45)Performance headwinds/tailwinds, dividend smoothing (14:55)Open and closed policy blocks (19:08)Illustrations: what we need to know (23:45)Permanent life insurance as an asset class (31:10)Universal life investments and costs (35:30)Non-participating WL vs PAR (41:55)Jeff Bernstein:https://www.linkedin.com/in/jeffreymbernstein/jeffbernstein@seligman.cahttps...2023-11-1046 minbeyond MD with Dr. Yatin ChadhaThe Truth about Permanent Life Insurance (Part 1): the basics, policy types, components, funding & structure - with Jeff Bernstein, CLU, MFA-PIt's finally time to tackle permanent life insurance with a series of episodes. I'm thrilled to host Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance as we do a deep dive on this topic.Discussion points:Jeff's background (5:57)What is permanent insurance? (9:30)Considerations for permanent life (12:30)Core concepts: adjusted cost basis & capital dividend account/CDA (16:35)Types of permanent life insurance: Universal Life (UL), Whole-life (WL) (24:35)Participating vs non-participating whole life insurance (27:07)Understanding key policy components: death benefit & cash surrender value (31:35))Permanent life policy f...2023-11-0946 minbeyond MD with Dr. Yatin ChadhaBonds (101) are Not Boring with Rounak LangheIn this episode I welcome Rounak Langhe, MBA, CFA, founder of Durham Asset Management. Rounak is an expert in fixed income investing. The aim of the this episode is to cover the fundamentals of bonds.Discussion Points:- Rounak's background (3:35)- what is a bond? Understanding the the 3 C's & coupon rate, maturity, and payment dates (8:40)- overview of bond types: government, corporate, junk/high-yield & bond rating agencies (13:04)- lower risk for higher yields in the bond market today? (19:24)- main determinants of bond yields, yield curves (21:00)2023-10-1942 minbeyond MD with Dr. Yatin ChadhaTax Efficient Philanthropy Part 2 - Donor Advised Funds & Private Foundations with Mark HalpernThis episode provides a deep dive into donor advised funds, a lesser known philanthropic strategy. I'm happy to have Mark Halpern, CEO of WealthInsurance.com back on the pod.Discussion points:- what is a donor advised fund/DAF (5:23)- what can flow into a DAF? (8:23)- transferring appreciated corporate securities to a DAF (11:50)- rules around tax deductions on (DAF) contributions (15:32)- others contributing to your DAF (17:10)- DAF contribution rules (18:39)- setting up a DAF (22:30)- investments inside a DAF (23:20)- DAF investment management...2023-09-2844 minbeyond MD with Dr. Yatin ChadhaTraveling the World Affordably by Optimizing Credit Card Points with Ricky ZhangToday I host Ricky Zhang, founder of the Prince of Travel. This is a deep dive on understanding & optimizing travel rewards so that we can travel the world by spending less!Discussion Points:Ricky's background & the origin of Prince of Travel (3:45)How does the points system work? (7:07)Earning points rapidly through credit cards (11:14)Credit score fundamentals (19:07)Should we keep our credit cards for the long term? (22:40)The credit card game isn't for everyone - who should avoid it? (26:54)Other ways to rack up points at a faster pace (31:40)2023-09-071h 03beyond MD with Dr. Yatin ChadhaLearning with the Loonie Doctor (Dr. Mark Soth) - Part 2Thank you for joining me for part 2 with the Loonie Doctor (Dr. Mark Soth).Discussion points:- summary of sources of corporate tax drag (1:44)- how does Mark invest his own money? (3:55)- optimal salary & dividend mix (6:39)- Mark's view on individual pension plans/IPPs (8:42)- What's moved the needle most for Mark? (11:29)- Decumulation overview (13:19)- Lessons for the kids (17:10)- Closing thoughts (19:29)Mark's blog: https://www.looniedoctor.ca/My links:beyondmdpodcast@gmail.comhttps://www.linkedin.com/in/yatin-chadha-29074b109/2023-08-1722 minbeyond MD with Dr. Yatin ChadhaOptimizing Your Professional Corporation with The Loonie Doctor (Dr. Mark Soth) Part 1Due to popular demand, finally overcoming my procrastination, and finally getting more comfortable with my knowledge base, I am thrilled to welcome Dr. Mark Soth (aka The Loonie Doctor) to beyond MD.This is corporate tax and corporate investment optimization 101.Discussion Points:The mission behind the Loonie Doctor Blog (2:41)Mark's evolution (6:17)Corporation taxation basics (8:29)What are the main advantages of incorporating? (10:46)RDTOH basics (12:45)Canadian/eligible dividends earned through the corporation - should we pay these dividends out to ourselves (15:29)?Overview of passive income rules (19:15)2023-08-1037 minbeyond MD with Dr. Yatin ChadhaThe Many Benefits of Locuming as a Physician featuring Dr. Michael FralickToday I sit down with Dr. Michael Fralick, who is a Clinician-Scientist at the University of Toronto to talk about locuming as a physician.Mike and his brother, John Fralick, host the Rounds Table podcast, bringing summaries of the most relevant randomized controlled trials to practicing physicians.Table of Contents:My opinion on the benefits of locuming (0:48)Dr. Mike Fralick's background (4:37)Mike's experiences locuming to date (5:45)Where to locum, how to sign up for locums (7:48)The motivation behind locuming (9:38)The key benefits of...2023-07-2830 minbeyond MD with Dr. Yatin ChadhaOptimizing Your Most Important Insurance Policy: Disability Insurance Deep Dive with Kristen FazioWelcome to my 50th episode!Today we focus on the most important insurance policy we all need: disability insurance (DI). The discussion focuses on fully understanding the policy & key riders, and optimizing the policy for your needs (as well as cost).Please note: DI basics are covered in episode 2 for anyone seeking a refresher.My guest: Kristen Fazio from Professionals' Insurance Centre.Discussion Points:How much DI coverage do we need? (3:54)Max coverage, strategies for high earning professionals (6:43)When should medical trainees c...2023-07-1438 minbeyond MD with Dr. Yatin ChadhaMy Many Money Mistakes & What I've Learned (Part 2)Thanks for joining me on part 2 of my money mistakes.....too many to count ;)After discussing the highlights from my California road trip, I talk about 6 more mistakes that have cost me big & what we can learn from them.The first mistake starts at (6:09).This year we made a conscious decision to travel the world more & live our best lives today. I'm learning more about optimizing travel rewards & am sharing the link to my preferred card below:Amex platinum credit card (business owners & sole proprietors): https://a...2023-06-2322 minbeyond MD with Dr. Yatin ChadhaMy Many Money Mistakes & What I've Learned (Part 1)Thank you for tuning in to my 4th solo episode.We all make our fare share of mistakes & I am no exception. In fact, I've made so many financial mistakes that it will take at least 2 episodes to cover them all.Links to content covered in this episode:Amex platinum credit card (business owners & sole proprietors): https://americanexpress.com/en-ca/referral/yATINC4uFw?XLINK=MYCPPlease note: I use this card myself & will receive travel points through this link. You can support beyond MD u...2023-06-1624 minbeyond MD with Dr. Yatin ChadhaDissecting Trusts with Jamie GolombekJamie Golombek is back!!! This time to discuss a frequently requested topic: TRUSTSOutline:Jamie's background (1:48)Basic overview of trusts (3:15)Big picture: why would one want to open a trust? (6:12)Trusts nitty gritty (contributions, assets, taxes, corporate transfers) (7:45)Income splitting using a trust (11:09)Tax implications for trust income (14:45)Investment strategies for a trust (15:47)Deferral of capital gains (16:42)Estate freeze - mechanics & role of a trust (17:50)Other trusts: alter ego, joint partner, foreign inheritance (20:35)A few notes on charitable gifting (24:45)The current...2023-05-2532 minbeyond MD with Dr. Yatin ChadhaEverything You Need to Know About the First Home Savings Account (FHSA) with Stefan ScottIt's my pleasure to host Stefan Scott, a fee-for-service (flat-fee) Financial Planner. He is a valued voice on the Physician Financial Independence Facebook group & is exceptionally well versed on the First Home Savings Account (FHSA).Discussion points:- Stefan's background (6:42)- FHSA overview (9:10)- Eligibility, definition of first time home buyer (10:27) - How long can an account stay open for? (12:54)- Carrying forward contributions, over contribution penalties (13:36)- Tax deductions (15:26)- Transfers from FHSA to RRSP & vice versa (17:08) - Are home furnishings eligible? (19:25)...2023-05-0448 minbeyond MD with Dr. Yatin ChadhaGuaranteed Investment Certificates (GICs) 101 with Mahima Poddar from EQ BankNext to our volatile markets, guaranteed income certificates (GICs) have been one of the most discussed topics over the last year. In this episode I sit down with Mahima Poddar of EQ Bank to dissect these in a bit more detail.Mahima Poddar is the Senior Vice-President & Group Head of Personal Banking at Equitable Bank (EQ), which has now grown to $8 Billion in deposits and over 300K customers.Discussion Points:- what is a GIC? (6:15)- payment frequency (6:36)- reinvesting interest (7:11)- what...2023-04-2025 minbeyond MD with Dr. Yatin ChadhaThe Journey to Financial Independence & Traveling the World with Dr. Matt PoynerI'm thrilled to host my colleague & friend, Dr. Matt Poyner. Matt is a former ER physician who paved his way to financial independence in his 40's. He made the decision to leave medicine, travel the world with his family, and to pursue his new passion of teaching other physicians about money. Matt is also currently pursuing his CFP designation.Matt's story is one of taking chances, carving out a different path, & striving to enjoy life today (not tomorrow). He was able to achieve a lot of this by playing the long game through...2023-03-3159 minbeyond MD with Dr. Yatin ChadhaPart 4 BRRRR Real Estate Investing with Quentin D'Souza - RefinancingWelcome to part 4 of the Buy, Renovate, Rent, Refinance (& maybe repeat) method of real estate investing with Quentin D'Souza. Topic = Refinancing.Quentin is one of the most trusted voices in Canadian real estate investing. He started as a school teacher and has now built a real estate portfolio worth > $125 million.Discussion Points:- What makes a worthwhile BRRRR? (0:47)- Preparing for the appraisal (5:23)- Appraisal timing & mortgage considerations (10:55)- Variable or short term fixed? (13:03)- Closing remarks...2023-03-1621 minbeyond MD with Dr. Yatin ChadhaPart 3 BRRRR Real Estate Investing with Quentin D'Souza - RentingWelcome to part 3 of the Buy, Renovate, Rent, Refinance (& maybe repeat) method of real estate investing with Quentin D'Souza. Topic = Renting.Quentin is one of the most trusted voices in Canadian real estate investing. He started as a school teacher and has now built a real estate portfolio worth > $125 million.Discussion Points:- Understanding debt coverage ratio, the multiple benefits of positive cashflow (2:10) - Quentin's comprehensive checklist & process for screening and selecting tenants (5:52)- A, B, C, and D class tenants (16:02)2023-03-0930 minbeyond MD with Dr. Yatin ChadhaPart 2 BRRRR Real Estate Investing with Quentin D'Souza - RenovatingWelcome to part 2 of the Buy, Renovate, Rent, Refinance (& maybe repeat) method of real estate investing with Quentin D'Souza. Topic = Renovation.Quentin is one of the most trusted voices in Canadian real estate investing. He started as a school teacher and has now built a real estate portfolio worth > $125 million.Discussion points:- Strategies for inspecting rental units & getting cost estimates (3:25)- Project timelines & high yield renovation planning tips (9:44)- Considerations for basement suites such as ceiling height, egress, natural light (14:35)2023-03-0224 minbeyond MD with Dr. Yatin ChadhaPart 1 BRRRR Real Estate Investing with Quentin D'Souza - BuyingWelcome to part 1 of a 4 part series on the BRRRR (buy, renovate, rent, refinance & maybe repeat) method of real estate investing featuring Quentin D'Souza.Quentin is one of the most trusted voices in Canadian real estate investing. He started as a school teacher and has now built a real estate portfolio worth > $125 million.Discussion points:- Quentin's inspiring story & background in real estate investing (3:45)- Developing the real estate investor mindset (11:46)- Introduction to the BRRRR method (13:45)- Buying - solving problems, finding listings off...2023-02-2334 minPhysician Empowerment13 - The Finance Industry for Physicians with Dr. Yatin ChadhaDr. Kevin Mailo welcomes physician and beyond MD podcast host Dr. Yatin Chadha to Physician Empowerment to talk about finance for physicians. Yatin Chada’s podcast is well-known and he has interviewed a wide and notable range of physicians and finance industry professionals since beyond MD launched in 2020.Kevin Mailo shares the news that Yatin Chadha’s podcast reached the Top 50 of finance podcasts on the Apple Canadian Business podcast. He asks Yatin about some of his more memorable episodes and Yatin shares several, including one with Kevin himself, and other episodes featuring Jamie Golombek and Joe Baki...2023-02-1533 minbeyond MD with Dr. Yatin ChadhaExploring Liquid Alternative Investments with Jeremy Donath (Donath & DiSabatino Group, BMO Private Wealth)My exploration of investing continues today with Jeremy Donath, LL.B, CIM. Jeremy co-runs the Donath & DiSabatino Wealth Management Group in BMO Private Wealth.Today's topic covers Liquid Alternative Investments.Discussion points:- Jeremy's background & experience (7:06)- Basic investment approach (8:08)- What is a liquid alternative investment? (10:46)- Sectors and asset classes covered by liquid alts (12:34)- Accessed by individuals or institutions? (13:46)- RRSP eligibility (14:42)- Checklist for due diligence - critical (15:16)- Rationale for liquid alternatives in the portfolio (22:40)...2023-02-0251 minbeyond MD with Dr. Yatin ChadhaUnderstanding Real Estate Development Investing with Sasha Cucuz, CEO of Greybrook SecuritiesIt's an honour to host Sasha Cucuz, CEO of Greybrook Securities on this episode.The focus: understanding real estate development based investingDiscussion points:- Sasha's very interesting path (2:40)- Greybrook's healthcare investments (6:00)- How Greybrook is structured...greybrook capital, realty partners, & securities (7:57)- Overview of types of projects & key markets, investment strategy (9:08)- How a development project works start to finish, how returns are generated (12:20)- Limited partnership structure (18:54)- Tax implications of investment returns (21:36)- Macro: project timelines, roadblocks...2023-01-1257 minbeyond MD with Dr. Yatin ChadhaThe Pursuit of Authentic Fulfillment with Dr. Ketan KulkarniI'm very fortunate to host individuals like Dr. Ketan Kulkarni.Dr. Kulkarni is an east coast pediatrician specializing in Hematology & Oncology. He wears many hats, having published >>100 papers, is a passionate entrepreneur, keen advocate for financial literacy, & a best-selling author.His journey is inspiring & filled with valuable life lessons. Ketan talks about how striving for a broader identity has made medicine more enjoyable, his experience with burnout, why creating internal yardsticks for success & living in line with one's core values is critical, his relationship with money, mental traps he is prone to & more.2022-12-1559 minbeyond MD with Dr. Yatin Chadha2022 Mortgage Update with Elan Weintraub, Co-Founder of the Mortgage OutletElan Weintraub from the Mortgage Outlet is back!Discussion points:- mortgage landscape (4:13)- interest rate thoughts/predictions (7:21)- variable rate vs adjustable rate mortgages, trigger rates, negative amortization (8:36)- variable rate mortgage considerations (14:13)- mortgage approval process today with focus on medical trainees (18:09)- appraisals/refinancing in today's market (22:28)- mortgages through Holding Company: rates, Helocs, joint ventures (25:52)- HELOC - home equity line of credit (28:58)- intro to commercial mortgages (33:18)- final thoughts (35:20)Links:Elan's...2022-11-2539 minbeyond MD with Dr. Yatin ChadhaTax Efficient Philanthropy with Mark HalpernIn this interview I sit down with Mark Halpern, CFP, TEP, MFA-P.Mark is CEO of Wealthinsurance.com & has been assisting professionals and many of Canada's most affluent families for decades with an expertise in insurance solutions and tax strategic philanthropy to enhance wealth and build generational legacies.Discussion points:- Mark's background (5:37)- the reasons people pursue philanthropy (7:36)- gifting of appreciated public securities (11:23)- gifting through professional corporation/HoldCo has a triple benefit (15:13)- who accepts appreciated securities? (17:12)- gifting of...2022-11-0441 minbeyond MD with Dr. Yatin ChadhaConfessions of a Former Investment AnalystIn this episode I interview Gareth Tingling, CFA, MBA, who is a Portfolio Manager at Foster & Associates.Gareth's investment blog: https://www.wheelhouseresearch.com/Discussion Points:- Gareth's very interesting background (2:32)- intro to buy & sell side analysts (9:53)- early vs late sell side analysts, why the # of analysts is important (16:02)- understanding analyst incentives, buy, hold, sell recommendations (24:21)- key differences between buy & sell side analysts (28:20)- examples of the buy & sell side (31:39)- buy side: WALAR & TOMO (34:08)- introduction...2022-10-201h 11beyond MD with Dr. Yatin ChadhaPre-construction Condos with Simon MassIn this episode I sit down with Simon Mass, founder & CEO of the Condo Store.Simon has more than 25 years of experience in real estate investing & is a true leader in the pre-construction space. Condo store website: https://condostorecanada.com/Simon's email: Simon@condostorecanada.com Discussion points:- Simon's experience & journey in real estate (6:12)- The Condo Store's business model (10:59)- rising borrowing costs, interest rates (15:10)- Pre-con basics, GTA corridors, masterplan communities (18:05)- Selecting a builder...2022-09-3055 minbeyond MD with Dr. Yatin ChadhaOvercoming the Arrival Fallacy for a More Successful Personal & Financial LifeWelcome to my 3rd solo episode! Today I discuss a topic that is deeply meaningful to me: the Arrival Fallacy.More importantly, we will talk about overcoming the arrival fallacy and the implications this has for a more successful personal & financial life.Summary:- my past and where I went wrong (1:03)- arrival fallacy definition (7:24)- the role of dopamine (10:35)- 5 ways to overcome the arrival fallacy (14:25)- a tale of 2 doctors (20:51)- spending on what you value (23:14)This episode is brought to...2022-09-0928 minbeyond MD with Dr. Yatin ChadhaA Conversation with Drs. Paul and Jane HealeyThis is THE episode many have been waiting for - a conversation with the founders of Physician Financial Independence (PFI) on facebook, Paul & Jane Healey.We cover a broad spectrum of topics including:- PFI behind the scenes- how they work as a couple/team- what they value in life- the relationship between money and happiness- talking to kids about money- financial/investing lessons- paying off debt vs investingThank you Jane & Paul for your unwavering effort in...2022-08-1251 minbeyond MD with Dr. Yatin ChadhaAlternative Investments with Joe BakishIn this episode I host Joseph Bakish (CFA, CLU, TEP), wealth & investment advisor, portfolio manager from Bakish Wealth at Richardson Wealth. Joe has abundant experience in the industry, accolades include top under 40 advisor in 2020 and being recognized among Canada's top 50 advisors in 2021.Discussion points:- basic approach to alternatives, discussion of CPP (3:50)- rationale for alternatives (14:08)- are alternatives uncorrelated from stocks? (17:02)- private lending (18:28)- the importance of due diligence (20:55)- illiquidity, rebalancing issues (26:05)- Inflation hedges? (33:09)- private equity (37:43)- why alternatives if stocks will continue...2022-07-2152 minbeyond MD with Dr. Yatin ChadhaA Conversation with Dr. Michael WarnerI host Dr. Michael Warner, Medical Director of critical care at Michael Garron Hospital & President of Advisory MD in one of my favourite conversations to date.Michael talks about the importance of maintaining passions outside of medicine, how an MBA helped him in medicine & beyond, the rewards & challenges of starting a business, his investment approach, & the most impactful life lessons he's learned.Advisory MD: https://www.advisorymd.com/Michael's email: michaelwarner@advisorymd.comMy email: beyondmdpodcast@gmail.comFollow me on LinkedIn: https://www.linkedin.com/in/yatin-chadha-29074b109/2022-06-2840 min
How is my Financial Health, Doc?I am not alone - physician mutant Dr. Yatin Chadha shares his thoughts about personal financial literacy for physiciansI thought I was alone like Wolverine. But I found another physician mutant willing to discuss personal finance in healthcare. Our lives may be in danger now as the rest of the medical community want to lock us up or rehabilitate us. But Yatin was courageous enough to expose himself as well. We are following our dream of educating the masses and hopefully one day, we can all live together in harmony. One day, we will be accepted by society.
Please listen to Yatin as he shares his thoughts about personal financial literacy for healthcare professionals.
2022-06-2546 minbeyond MD with Dr. Yatin ChadhaEstate Planning 101 with the "Tax Chick" Amanda DoucetteIn this episode I host Amanda Doucette, TEP. Amanda is a tax lawyer & founder of the Tax Chick Podcast and Blog, which are wonderful resources for anyone wanting to learn more about tax and estate planning.Discussion points:- when to start estate planning (8;35)- essential documents (11:12)- durable vs springing power of attorney (14:05)- POA: who to choose, including trust companies (16:00)- summary of wills (18:45)- what happens if you pass away without a will (21:16)- what is probate? (23:19)- pros/cons of joint ownership (28:44)- beneficiary de...2022-06-0958 minbeyond MD with Dr. Yatin ChadhaThe Growth Mindset with Dr. Wing LimI'm thrilled to have Dr. Wing Lim join me for this episode. Wing has achieved incredible personal, professional, and financial success. One of his impressive accomplishments is co-developing the Synergy Wellness Centre in Alberta, which provides care for more than 500,000 patients annually.We discuss the challenges of medicine, financial mistakes, the importance adopting a growth mindset for success, the wealth mindset, taking/balancing risk, investing, the importance of our dreams, and more.Wing and I are both speakers at the upcoming Physician Empowerment financial literacy conference for physicians. For details, please refer to: 2022-05-1344 minbeyond MD with Dr. Yatin ChadhaMy perspectives Q1 2022 - used car prices, interest rate cycles, pension plans, uncorrelated returns, HoldCo'sThank you for listening to my second ever solo episode! Today I discuss my perspective on what's going on in the world around us (inflation, car prices, interest rates) and touch on key points from recent episodes.Discussion points:- why are (used) car prices so high, what happens from here, impact (2:48)- interest rates: investigating the past to gain insight into what happens next, impact (6:59)- personal pension plan (PPP): contribution limits for early career professionals (14:16)- Evidence-based investing: correlation & uncorrelated returns (17:47)- Critical illness insurance: my policy, how I hold...2022-04-2230 minbeyond MD with Dr. Yatin ChadhaHolding Companies with Ali SpinnerAli Spinner (CPA, CA, TEP) is back! The topic today is Holding Companies.Ali is a partner in tax at Crowe Soberman LLP & has more than 20 years of experience in personal and corporate tax matters. Ali can be reached at Alexandra.spinner@crowesoberman.comWe discuss:- Holding company - what is it, rationale (5:00)- Rationale for protecting investments/assets from medical liability (8:45)- Homes with 2 professional corps, when to set up (11:00)- HoldCo set up, transfer of $ from operating company to HoldCo (14:00)- Lifetime capital gains exemption/L...2022-03-3148 min
Mind Your Biz PodcastEp 24: SPECIAL EPISODE: CrossOver Episode Beyond MD Podcast - Critical Illness Insurance | Dr Yatin ChadhaHaving a good financial plan is crucial in the event of a critical illness. Having sufficient finances to cover all expenses can make the situation less stressful for all parties involved. Critical illness insurance is never thought about enough: the stage of life, retirement decumulation, the different risks that come with it… We listen from friends, neighbors, advisors, or even the web. Everybody has full access to information but it’s really important to slow down and let someone in that industry explain everything to you before making an informed decision. In today's crossover episode of Mind...2022-03-1744 minbeyond MD with Dr. Yatin ChadhaCritical Illness Insurance with Mehul GandhiYatin Chadha, MD, hosts Mehul Gandhi, CFP, CLU, TEPMehul is a financial planner, tax & estate practitioner, & licensed insurance advisor working out of the lower mainland in BC. He is the host of the Mind Your Biz Podcast, which covers topics for business owners & entrepreneurs.Topics discussed:- what is critical illness (CI) insurance, rationale (6:44)- how much insurance is necessary? (9:50)- is it necessary in Canada? (12:20)- potential impact of CI on family (14:08)- coverage of conditions (15:24)- personal, corporate, vs shared...2022-03-1047 minbeyond MD with Dr. Yatin ChadhaHow Finance Relates to Personal Wellness with Dr. Kevin MailoKevin Mailo, MD, Co-founder of Physician Empowerment is back.We discuss how finance relates to our overall wellness.Discussion points:Burnout - symptoms, survey data, contributors (9:10)The components of wellness (18:33)How financial security/literacy can mitigate stress/burnout (23:06)Considerations for earlier career physicians (34:51)How to have more control over finances (45:58))Does money = happiness? (53:14)Physician Empowerment is hosting a financial literacy conference June 3-5 in Toronto, by Canadian MDs for MDs.Website: https://www.physempowerment.ca/live2022-02-1858 minbeyond MD with Dr. Yatin ChadhaEvidence Based Investing with John StockingYatin Chadha, MD hosts John Stocking, PFP, CIM, CIWM.John Stocking has almost 20 years of experience having worked in private wealth management both in Canada and overseas & with 3 Canadian banks.More recently, John succeeded in launching his own independent financial advice firm "Evidence Based Finance", through which he offers financial planning, DIY coaching, or comprehensive wealth management, or all of the above for a single flat fee.Website: https://evidencebasedfinance.ca/Topics:- evidence based investing basics (8:47)- five...2022-01-2758 minbeyond MD with Dr. Yatin ChadhaLife and Financial LessonsThank you for joining me on my first solo episode! :)This episode is a covers my journey to this point & highlights key professional, financial, and personal lessons from my past, including mistakes.Remember, mistakes should be viewed as learning opportunities, not viewed as regrets.This episode is dedicated to my late father-in-law, Mahen Acharya, a remarkable individual. At the end of the episode I share what I learned from him.Topics:- my background/journey (1:10)- professional, personal and financial lessons from San Diego (4:35)- financial lessons and...2022-01-0725 minbeyond MD with Dr. Yatin ChadhaPersonal Finance for Medical Trainees with Dr. Stephanie ZhouYatin Chadha interviews Dr. Stephanie Zhou, MD.Stephanie practices Addictions Medicine at Sunnybrook Hospital in Toronto. She is passionate about financial literacy & diversity and inclusion, and is well known for bringing financial education to medical school curriculum at the University of Toronto.Stephanie is a strong advocate for equalizing student knowledge when it comes to personal finance. She blogs regularly about personal finance on Instagram (& YouTube) @breakingbaddebt.Topics of discussion- what motivated her to bring financial education to the curriculum (3:35)- trends - lines of credit, leveraged investing (9:05)...2021-12-141h 05beyond MD with Dr. Yatin ChadhaReal Estate Investment Trusts (REITs)Dr. Yatin Chadha hosts Sanjil Shah (CPA, CA) to discuss REITS with a focus on Alignvest Student Housing REIT (ASH REIT).Sanjil has extensive experience in real estate and is the managing partner for ASH REIT, which is striving to consolidate purpose built student accommodations (PBSA) across various Canadian university markets.Website: https://www.alignveststudenthousing.com/We discuss:- REIT tax (in)efficiency (1:12)- Sanjil's background (5:52)- about Alignvest Student Housing REIT (8:21)- target markets (10:25)- what is a REIT? (13:25)- REIT pros/cons (15:29)- types...2021-11-1649 minbeyond MD with Dr. Yatin ChadhaRCA - Retirement Compensation ArrangementYatin Chadha hosts Sophie Cournoyer (FCIA, FSA, MBA, CFA) to discuss the retirement compensation arrangement (RCA).The RCA is a lesser known retirement savings plan that can be relevant for incorporated professionals with substantial salary (T4 income).Connect with me on LinkedIn or at beyondmdpodcast@gmail.comWe discuss:1:08 - My intro to RCA3:25 - our guest, conflicts on interest4:40 - what is an RCA?9:22 - differences between RCA and IPP13:25 - basic features (governing body, creditor protection, tax deductions, tax deferral, buy back of past service, no...2021-10-1938 minbeyond MD with Dr. Yatin ChadhaIntroduction to Private EquityYatin Chadha hosts Ron Haik, MBA, CFP, CIM, TEP, senior financial advisor at Nicola wealth.This is the second episode on alternative investments, this time focusing on private equity.Yatin and Ron discuss:What is private Equity (PE)? (4:40)Differences between investing in PE & public markets (5:08) Various (Nicola Wealth) funds (9:00)Leveraged buy outs (11:45)Credentials of (Nicola Wealth) fund managers (12:43) Evergreen structure (14:55)Understanding returns (16:53)Potential returns vs stocks (21:50)Downside protection? (23:45)PE investment time horizon (25:30)How co...2021-09-2135 minbeyond MD with Dr. Yatin ChadhaReal Estate Investing - a Physician's perspectiveYatin Chadha hosts Dr. Kevin Mailo, an Emergency physician from Edmonton, AB and co-founder of Physician Empowerment. Physician Empowerment is a physician-led venture helping other physicians with burnout, practice management, and financial literacy. Check their website for upcoming courses (with CME): https://www.physempowerment.caKevin has abundant experience in direct ownership of real estate and provides his insights on real estate investing.Discussion points:- introduction, Physician Empowerment (3:56)- tackling $300000 of student debt (9:18)- Kevin's summary of his real estate investments (12:25)- real estate: active vs passive (16:35)...2021-08-2759 minbeyond MD with Dr. Yatin ChadhaChallenges for Canadian physiciansGalen Nuttall, M.Ed, CFP joins Yatin Chadha to discuss financial literacy as it pertains to Canadian physicians.One of Galen's top interests as an experienced planner is helping incorporated small business owners, including doctors, create their own pensions using their professional corporation.Discussion points:- survey part 1: 58% of Canadian physicians said they were confused about where to start with financial planning and didn't know who to trust- survey part 2: 80% of Canadian physicians said they were not at all or...2021-08-0651 minbeyond MD with Dr. Yatin ChadhaDemystifying investment costs - part 2 (ETFs)Dr. Yatin Chadha hosts Leanne Mamchur, CFA, CFP, FMA to discuss investment costs, this time focusing on exchange traded funds (ETFs).Leanne has written an article on investment costs that can be accessed: https://woodgundyadvisors.cibc.com/Leanne-Mamchur/articles-written-by-our-team%20?lang=en_USI begin by discussing a personal investment decision (ETF) from 2018 (begins at 2:40). I wasn't completely informed at the time, but it has fortunately worked out. Check out http://beyondmdpodcast.com/?p=781 for full details.Episode Interview Topics:- MER, TER (7:40)- bi...2021-07-1340 minbeyond MD with Dr. Yatin ChadhaDemystifying Investment Costs - Part 1Have you ever wondered exactly how much your investments cost?? Welcome to part 1 of demystifying investment costs.This episode focuses on investment costs associated with mutual funds and will provide the fundamentals for the follow up episode that will discuss ETFs.Dr. Yatin Chadha interviews Leanne Mamchur, CFA, CFP, FMA from CIBC. Leanne has 19 years of experience advocating for private clients. She is passionate about demystifying the cost structure in Canadian Wealth Management (and is in fact writing a...2021-06-2435 minbeyond MD with Dr. Yatin ChadhaMICs - Mortgage Investment Corporations with Arjun SarafDr. Yatin Chadha interviews his good friend, Arjun Saraf, CPA, CA, EMD, who is VP Finance and Mortgage Admin at New Haven Mortgage Corporation. The topic is mortgage investment corporations (MICs). Arjun Saraf has more than 10 years of experience in the MIC space and is an expert on the topic.https://www.newhavenmortgage.com/This is the first of many episodes dedicated to alternative investments.Discussion points:- what is a MIC?- MIC vs private mortgage lending, pros and cons- understanding the borrowers- investment re...2021-06-0354 minbeyond MD with Dr. Yatin ChadhaPhysician start up - Arya EHR (electronic health records) with Dr. Richard SztramkoDr. Yatin Chadha hosts Dr. Richard Sztramko, co-founder of Arya EHR (electronic health records). Site: https://www.aryaehr.com/Arya EHR is a rapidly growing Canadian health technology company focused on providing innovative and user-friendly EHR and telemedicine services for Canadian hospitals and clinics.Richard Sztramko's fellow co-founders are:- Dr. Sam Gharbi, general internist (BC)- Dr. Richard Vandegriend, cardiologist (Royal Columbian Hospital)There are many lessons and sources of inspiration from the success stories of...2021-05-0647 minbeyond MD with Dr. Yatin ChadhaPPP - Personal Pension PlanDr. Yatin Chadha hosts Jean-Pierre Laporte (CEO Integris Pension Management Corp) to discuss the personal pension plan (PPP).This is highly relevant and under discussed material for any incorporated professional/small business owner.Discussion points include:Review of basic IPP (individual pension plan) conceptsPPP account structure (3 accounts)- Defined benefit account (DB)- Defined contribution account (DC)- Additional voluntary contribution account (AVC)Age benefit of PPPs (no need to wait until age 40)- ability to contribute to DC...2021-04-1543 minbeyond MD with Dr. Yatin ChadhaThe Individual Pension Plan (IPP)Dr. Yatin Chadha hosts Jean-Pierre Laporte, BA, MA, LLB, RWM, CEO at Integris Pension Management Corp to discuss Individual Pension Plans (IPP)This is an under-discussed topic in personal finance and is highly relevant to all incorporated professionals.The discussion includes:General- overview- eligibility, ideal candidateFunding and Tax Advantages- work around for passive income rules- increased contribution room relative to RRSP- tax deduction for investment management fees...2021-04-0836 minbeyond MD with Dr. Yatin ChadhaBitcoin - the fundamentalsDr. Yatin Chadha hosts Sue Ennis, head of investor relations at Hut 8 mining corporation. Sue has 4 years of dedicated experience in the crypto space with previous roles at Shyft Network (senior vice president, global partnerships) and Coinsquare (director).The aim of the episode is to help listeners gain basic knowledge of bitcoin, its emerging role in the financial industry, and understanding it as a potential investment.Disclaimer: I do not provide investment advice, nor do I tell anyone to invest in cryptocurrency. Please conduct your own due diligence :)Episode covers:C...2021-03-1152 minbeyond MD with Dr. Yatin ChadhaRRSPs for incorporated small business owners with Tim CestnickDr. Yatin Chadha hosts Tim Cestnick, FCPA, FCA, CPA(il), CFP, TEP, to discuss RRSPs for incorporated small business owners.Tim Cestnick is well known as one of Canada’s most respected voices in tax, personal finance, and wealth management. He is CEO and co-founder of Our Family Office, a leading wealth advisory firm for high earning Canadians. Tim writes a weekly column in the Globe and Mail called "Tax Matters".Topics discussed:- big picture: do incorporated professionals benefit from RRSPs?- ideal assets for RRSPs- RRSPs vs IPPs (in...2021-02-1144 minbeyond MD with Dr. Yatin ChadhaThe stock market - investing strategiesYatin Chadha interviews 2 former colleagues, Dr. Aaron Hall and Dr. Khalil Jivraj, both of whom are successful DIY investors.Aaron has been investing since before the dot-com bubble and uses only 3 ETFs. Khalil's approach incorporates stocks and ETFs.Points covered:- the importance of minimizing investment fees- the power of passive ETF investing- factors to consider when picking an ETF- basic strategies for holding individual stocks- certain pitfalls of stock picking- lessons learned from March 2020- lessons learned from the financial crisis...2021-01-1449 min