
beyond MD with Dr. Yatin Chadha
Financial literacy is not emphasized enough for professionals during training, leaving many unprepared as they begin their careers. The topics covered in beyond MD apply to all professionals, including medical students/residents and practicing physicians. This podcast is led by radiologist Dr. Yatin Chadha and guided by expert analysis. Each episode, Yatin interviews accountants, lawyers, brokers, and advisors to heighten awareness on important topics, such as professional corporations, holding companies, trusts, estate planning, insurance policies, mortgages, real estate, and investing. It's time to take your financial knowledge base to the next level so you can get ahead outside of the workplace. Please send questions and topics of interest to beyondmdpodcast@gmail.com
Latest episodes

Dec 15, 2023 • 33min
Enjoying 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)Exploring the distinctions between podcasting and YouTube in terms of monetization (19:35)Real estate investments and their relationship to a potential recession (22:40)Physician Financial Wellness Conference (26:46)Stephanie Zhou:•Stephanie’s Instagram•Stephanie’s LinkedIn•Stephanie’s Youtube Channel•HaloHealthMy Links:•LinkedIn: Yatin Chadha

Dec 8, 2023 • 32min
Enjoying 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 structured and the various streams of income that comes within it (6:37)Does doing a variety of things lead to burnout or sustenance? (12:37)Doing non-destructive focused work (13:24)How admin work gives you time and geographical freedom (19:23)Asking professional compensation when getting invited to speak in talks and conferences (20:13)Managing your time (24:00) How income works in board memberships (27:10)Stephanie Zhou:•Stephanie’s Instagram•Stephanie’s LinkedIn•Stephanie’s Youtube Channel•Thinking Fast and Slow by Daniel Kahneman•Deep Work by Cal Newport My Links:•E-mail: beyondmdpodcast@gmail.com•LinkedIn: Yatin Chadha

Dec 6, 2023 • 4min
Permanent Life Insurance Part 4 Addendum: Options for Navigating Policies without Fully Exiting
Hello 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.ca

Nov 17, 2023 • 30min
The Truth about Permanent Life Insurance (Part 4) - Who should consider permanent life insurance?....And more
Thank 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 use or would use. I can get commissions that will be used to offset the costs of running this podcast :)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.com

Nov 16, 2023 • 38min
The 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.com

Nov 10, 2023 • 46min
The Truth about Permanent Life Insurance (Part 2): Demystifying Participating Whole Life Insurance - with Jeff Bernstein
Welcome 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://seligman.ca/My links:https://www.linkedin.com/in/yatin-chadha-29074b109/beyondmdpodcast@gmail.com

Nov 9, 2023 • 46min
The Truth about Permanent Life Insurance (Part 1): the basics, policy types, components, funding & structure - with Jeff Bernstein, CLU, MFA-P
It'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 funding timelines: does it make a difference? (33:57)Policy structure: growth vs estate oriented (37:49)Can term life be converted to permanent life? (40:28)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 :)Jeff Bernstein:https://www.linkedin.com/in/jeffreymbernstein/jeffbernstein@seligman.caMy links:https://www.linkedin.com/in/yatin-chadha-29074b109/beyondmdpodcast@gmail.com

Oct 19, 2023 • 42min
Bonds (101) are Not Boring with Rounak Langhe
In 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)- basic bond math, impact on future bond prices (22:47)- investing in bonds when rates have (hopefully!) peaked (26:38)- why have bonds into your portfolio? (28:02)- ways to invest in bonds - individual holdings vs ETFs vs mutual funds, fees (30:24)- Canadian bond universe ETF composition (34:10)- bond ETF fact sheets (36:29)- is the 10 year US treasury yield a good marker for yields over the next 10 years? (38:18)- closing thoughts (39:52)Check out the postcall newsletter: https://postcall.ca/subscribeMark Soth's article on bonds in a professional corporation: https://www.looniedoctor.ca/2023/10/13/bond-etf-corporation/?fbclid=IwAR2KfvzLFPCQ9BdV5dyOSG7j2E_gNtixfWkPZTjC6nIyS7gfLizXvpf-scoYatin's Links:beyondmdpodcast@gmail.com

Sep 28, 2023 • 45min
Tax Efficient Philanthropy Part 2 - Donor Advised Funds & Private Foundations with Mark Halpern
This 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 fees (25:10)- Slecting charities, money flowing out from a DAF (27:43)- any DAF cons? DAF vs Private Foundations (30:43)- more on private foundations (33:45)- charitable gift annuities (35:42)Mark's Links:website: https://wealthinsurance.com/email: mark@wealthinsurance.comLinkedIn: https://www.linkedin.com/in/markhalperncfptepmfap/Samples from Mark's Monthly Tax Letter:https://wealthinsurance.com/webdoc/TaxLetter-Seven-Defensive-Strategies.pdfhttps://wealthinsurance.com/webdoc/TaxLetter-Preserve-Your-Wealth.pdfhttps://wealthinsurance.com/webdoc/TaxLetter-Accidental-Philanthropy.pdfList of all Tax Letter Publications:https://docs.google.com/document/d/1hNhZ7CSeOr2NBNdwZXCs6nL5gsRZb1Eisht_D5JxfeY/editYatin's Links:beyondmdpodcast@gmail.comhttps://www.linkedin.com/in/yatin-chadha-29074b109/Physician Financial Wellness Conference: https://www.physiciansficonference.com/

Sep 7, 2023 • 1h 3min
Traveling the World Affordably by Optimizing Credit Card Points with Ricky Zhang
Today 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)The best credit card for Canadians: Amex Cobalt (32:47)Credit cards for small business owners, why Amex points are so versatile (33:45)Understanding the RBC Avion point system (37:04)Redeeming points efficiently, dynamic pricing, ideal booking windows (39:47)Example of redeeming points - Toronto to Portugal (45:26)Prince of Travel Concierge services (50:07)Aeroplan elite status (52:15)How to get started (53:40)Rapid fire, including a strong credit card portfolio (55:19)How many credit cards does Ricky have? (58:58)Closing thoughts (60:20)Credit card links (cards I use & benefit from):Amex Business Platinum:https://americanexpress.com/en-ca/referral/yATINC4uFw?XLINK=MYCPAmex Cobalt:https://americanexpress.com/en-ca/referral/yATINCwb0U?CPID=999999538Social media links & email:Yatin:beyondmdpodcast@gmail.comhttps://www.linkedin.com/in/yatin-chadha-29074b109/Ricky:https://princeoftravel.com/https://www.youtube.com/@PrinceofTravel