Dentists Who Invest Podcast

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Are you ready to revolutionize your financial perspective? Brace yourself as we bring you an episode brimming with insightful revelations in the intriguing world of finance and investment. We sit across the table with Zaid Esmail, a highly accomplished dentist who conquered his financial illiteracy and metamorphosed into a savvy investor. Journey with us as we unravel Zaid ’s unique experience of overcoming a hefty tax bill, his foray into financial literacy through books, podcasts, audiobooks, and the realizations he made regarding efficacious investment strategies.In our conversation, we dissect the potential of the 25% tax-free lump sum option at age 57 and scrutinize the pros and cons of the NHS pension. We also delve into the advantages of setting up a limited company and the strategic benefits of opting for a lower income spread out over an extended period. Plus, Zaid  unveils his eye-opening report on the Seven Costs and Potentially Disastrous Mistakes Dentists make in the realm of finance, and delineates how to sidestep them.As we navigate towards the end of our chat, we focus on investment strategies apt for different life stages, emphasizing the magic of compounding and the significance of investing in an ISA. We also explore the tax intricacies associated with running a limited company as a dentist and how to optimize the available tax savings. Moreover, we dive into the debate of salary versus dividends and how to maximize investments using company funds. So, whether you're a dentist or someone fascinated by the world of finance, this episode is a goldmine of knowledge you won't want to miss!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Want to know how Rishi Sunak's upcoming budget changes will affect you as a dentist? Look no further. We've got Mike Bryan here to help you navigate the complexities of these changes and their impact on your personal finances. From discussing the increase in personal allowance to £12,500 for those earning less than £100,000 to explaining the freeze on personal tax bands, Mike is here to ensure you don't miss out on any details. Plus, he's got some great tips on how you can leverage these changes to your advantage, like splitting your practice into an NHS sole trader and a limited company for private practice or investing in dental practices. Remember, individualised advice is key to maximising these opportunities.Think you've got it all covered? Think again! Mike promises to enlighten you on the changes in allowances for hybrid cars. An increase in personal allowance to £12,500 and a cliff edge change to electric only cars could impact your decisions if you're contemplating investing in a hybrid car. So, act fast! We also delve into the nitty-gritty of the self-employment income support scheme and how the fourth and fifth schemes are based on the 1920 tax returns - this could mean a significant financial boost for you. Wrapping up our chat with Mike, we explore employer support schemes and apprenticeship grants, providing all you practice owners out there with valuable financial advice. Tune in now and become part of our community of dentists who are determined to enhance their financial knowledge and wellbeing.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE eBook on how you can avoid financial mistakes as a dentist using the link just here:  www.dentistswhoinvest.com———————————————————————Ready to redefine your approach to dentistry and financial freedom? Join us as we chat with Dr. Jaz Gulati from The Protrusive Dental Podcast, a visionary dentist who's dared to venture beyond the traditional dental practice. Jaz has constructed a thriving community for dentists striving to become more financially literate, and she's here to share her unique perspective and actionable steps toward achieving financial independence.We journey from Singapore to Australia, exploring the power of risk-taking and the importance of documenting our experiences. Jaz and I discuss how setting up a life that benefits both partners can yield stunning results. We also delve into finding balance between work and passions and the impact of planting the seeds today for a fruitful tomorrow. You'll learn how side hustles can enrich your life and your bank account, and how reducing work hours doesn't mean reducing your opportunities.Lastly, we delve into the world of investing and trading, distinguishing between the two and discussing the importance of a long-term mindset. We hear from a trading god who has interviewed 50 traders and shares the wisdom he's gleaned from their experiences. He reveals the four common traits of successful traders and advises on how to apply them to your own financial journey. Whether you're a dentist seeking to expand your horizons, an aspiring investor, or just someone seeking financial freedom, this episode is packed with insights and advice you wouldn't want to miss!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Meet Neel Jaiswal, a man who's made an art out of blending his professional life as a dentist with his passion for cars. As the founder of the Facebook group Turbine for dentists and car enthusiasts, Neel shares some profound insights on maintaining a balance between work-life and passions, teaching us that there's more to success than just material possessions. We get into the nitty-gritty of cars as status symbols and how to approach car purchases without losing sight of what truly matters - respect and integrity.This episode takes an interesting turn as we explore the idea of investing, not just in assets, but also in health and education. Ever thought about the potential downsides of purchasing a flashy car? Or how about the unique bonding opportunity a shared passion for cars can offer to your family? It's all about taking a balanced approach towards your portfolio and your life. We also weigh the pros and cons of buying or leasing cars and discuss the need for strategic planning in car purchases.As we round off our talk, we delve into the fascinating world of investing in classic cars and car registration plates. Neel shares his experiences and offers advice on spotting good investment opportunities. We discuss the depreciation curve of cars, the appeal of vehicles from our teenage years, and the factors that can influence a car's value. If you're a car enthusiast or an investor looking for unique areas to expand your portfolio, this episode is a must-listen.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Do your mortgages repayments feel high?Connect with Sarah here: https://www.dentistswhoinvest.com/sarah-grace-mortgages———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Enter the world of mortgages with Sarah Grace, a seasoned pro with 27 years of experience specializing in helping dentists navigate the intricacies of securing a mortgage. Brace yourselves as she schools us on the importance of getting in touch with a mortgage advisor at the right time, and spills the beans on the key role that deposits play in the mortgage game. Sarah also gives us a low-down on what kind of monthly payments to expect, based on your budget of choice.As we continue our chat with Sarah, we step into the current mortgage landscape. We explore the relatively unchanged cost of funds over the past year and the weight of the deposit in determining the mortgage rate. Catch a glimpse of the housing trends with Sarah as she highlights the ongoing exodus from London and ponders on the possible after-effects of the soon-to-end stamp duty holiday. And for our first-time buyers, Sarah has a trove of tips and reminders, the most important being that property investment is for the long haul. So, buckle up for this enlightening journey through the world of mortgages and investments!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Prepare to throw out the rulebook and challenge the conventional wisdom of property investment. Matt Rickard, respected financial advisor, joins us to dissect the contentious landscape of buy-to-let investments, revealing hidden pitfalls and potential opportunities. We challenge the status quo, breaking the money talk taboo among dentists, and scrutinizing the deep-seated mistrust of financial professionals.Ever wondered how the recent changes to rental property tax legislation, implemented in April 2020, impact your buy-to-let investments? Matt navigates us through the new tax rules, exposing how a lack of necessary research and calculations can lead to disappointing returns on investment. We unravel the negative effects of following the herd mentality among dentists and doctors in property investments. But that's not all. We take a bold stride into the unchartered territory of the COVID crisis and its impact on property markets. With insightful analysis of the new normal, we delve into the drastic shifts in work and study habits, and their financial implications for buy-to-let and holiday-let owners. Despite the challenges, Matt affirms the resilience of dentists, highlighting their unique financial advantages. Wrapping up, we explore the crucial role of diversification in investments and the necessity of staying informed through our podcast. So tune in, shake off the old thinking patterns, and embrace a fresh perspective on property investments and financial advice!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ready to arm yourself with the legal know-how to navigate the terrain of dentistry? Picture this: You're about to sign a contract as an associate, but it seems a little vague, leaving you unsure of your rights and responsibilities. Our guest, Kate Ford, a healthcare law expert from Ruddling's Wakelums Listers, helps us swat away the legal jargon fogging up your understanding of associate contracts in dentistry.We take a deep look into the nitty-gritty of employment and self-employment contracts. Kate guides us through the maze, offering wisdom on the duties of trust and confidence, job security, and the potential pitfalls of not having a bespoke agreement. We also explore the importance of clear and comprehensive contracts, identify critical elements like remuneration, termination clauses, and restrictive covenants designed to protect the business. As we continue our journey, we'll tackle the ambiguity in contracts and how it impacts both parties. We'll also discuss practical ways to protect yourself as an associate and what the infamous IR35 means for you. Plus, we'll share top tips on addressing arising issues and understanding the significance of restrictive covenants. All in all, this episode is a legal treasure trove for dental associates seeking to navigate their professional relationships confidently and successfully. So, grab your headphones and join us for this enlightening conversation with Kate Ford.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Imagine how your life could change if you mastered the ins and outs of property investment. Ready to ditch the ordinary and dive into the extraordinary? Join us as we venture into the complex, yet intriguing world of real estate with seasoned investor, Harry Singh. Harry gifts us with his wealth of knowledge, discussing the benefits and drawbacks of owning property in your own name versus a limited company. He breaks down the tax implications of each and how they can influence your cash flow. Plus, he emphasizes the importance of consulting your accountant, but we bet you didn't think of that!We then shift gears to focus on the current economic climate and how it is impacting the property market. With the ending of stamp duty holidays, the introduction of quantitative easing, and the sudden surge of staycation apartments, it's crucial to stay informed. We give you the lowdown on these latest trends, plus essential tips for climbing the property ladder. But that's not all, we've also got you covered on the financial implications, strategies for property investment, and the secrets of incorporation relief.Exclusively in this episode, we discuss how to use a debt-free property as collateral for purchasing other properties. What's more, Harry shares his experience of building relationships with local brokers, calculating yield correctly, and even setting up a limited company for investments. We cap off our discussion by delving into the intricacies of the investment property industry and the often overlooked importance of tenant selection. Tune in as we tackle all this and more, leaving you equipped with a wealth of knowledge to navigate the property investment landscape with confidence and ease.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ever wondered about the intricacies of dentist loans and the path to financial success? Today, we bring you an enlightening conversation with our guest, Kevin Saunders, an expert in healthcare finance with a deep understanding of commercial finance in the dental sector. Kevin enlightens us on a variety of financial products available to dentists, emphasizes the power of clean banking statements, and provides insight into how individual expenditure and experience in practice management can influence your loan approval.We venture into the tumultuous COVID era, discussing how it has reshaped dental practice financing. With Kevin, we dissect the detailed process of practice purchases, the effects of the pandemic on these procedures, and the significance of maximizing fees prior to purchase. We also delve into the examination criteria banks use to assess a dentist's potential for replicating the principal's fee level and how various pandemic-induced changes, such as payment holidays and bounce-back loans, are accommodated.We wrap up with a chat about the vibrant DentistUniversed Facebook group, a thriving community of dentists with a penchant for trading. Kevin shares his journey of guiding dentists to deepen their understanding of finance and investing and encourages everyone to join this dynamic group. So, tune in for an episode brimming with valuable insights, guidance, and a passion for finance in the dental sector. Don't miss a chance to learn from the best!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Here's your golden ticket to financial literacy! Join the enlightening discourse with Financial Advisor Roderick Sam, who graces our podcast with his expertise. From the intricate world of pensions to the dynamic landscape of investments, Roderick peels back layer after layer, unveiling the seemingly complex world of finance in a language that even those faint of heart in the face of numbers can comprehend.Ever pondered how much of your earnings should go into your NHS or private pension? How about the tax implications of investing in Bitcoin? With Roderick's guidance, we navigate these mind-boggling mysteries together. We delve into the importance of emergency funds and why holding 20% of your portfolio in cash may be your safety net against a market downturn. We also traverse the terrain of property investment as a limited company and expose the common financial missteps dentists often make. This isn't just about numbers and investments, it's about your future. Roderick highlights the necessity of critical illness cover and income protection insurance, advising on the tax implications over the £100k threshold. With his insights on SIPs, TESSAs, PEPs, and ISAs, you'll be well-equipped to make sound financial decisions. So tune in and take control of your financial future with confidence. Let's journey together towards financial savvy and security.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text