

beyond MD with Dr. Yatin Chadha
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
Episodes
Mentioned books

Feb 29, 2024 • 29min
My Investing Journey: The Good, The Bad, & The Ugly
Today 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 Links:Email: beyondmdpodcast@gmail.com LinkedIn: Yatin ChadhaBook recommendation: Balance by Andrew Hallam

Feb 15, 2024 • 55min
Tax Matters: How will Alternative Minimum Tax (AMT) Changes Affect High Income Canadians in 2024? - with Kim GC Moody
Today 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 - there is a provincial part, no impact on corporations (24:32)Impact of AMT on capital gains (25:20)Impact of AMT on carrying forward capital losses (27:08)No impact on eligible dividends (27:55)Impact of AMT on lifetime capital gains exemption (28:35)Impact of AMT on charitable gifting (30:05)Impact of AMT on stock options (36:12)Impact of AMT on trusts (37:14)Impact of AMT on carrying forward interest charges for rental properties (38:00)AMT calculations for specific scenarios (39:34)capital gainscapital gains + carry forward capital losscapital gains, eligible dividends, + charitable donationWhat % of people will be impacted by AMT? (47:42)Closing remarks (50:15)Kim Moody:website: https://moodysprivateclient.com/LinkedIn: https://www.linkedin.com/in/kimgcmoody/email: kgcm@kimgcmoody.comKim's podcast: https://kimgcmoody.podbean.com/Yatin Chadha:beyondmdpodcast@gmail.comhttps://www.linkedin.com/in/yatin-chadha-29074b109/

Feb 1, 2024 • 51min
Key Learnings from 15 years of DIY Investing in the Markets with Dr. Dimitre Ranev
I'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 & investing approach (8:30) Dimitre's process behind analyzing a company (12:54) Dividend investing - what to consider (16:58) Payout ratios, valuation, P/E ratio relative to historical norms (20:12) Investing during inflationary times (23:30)Time required to invest in individual companies (29:36)Behavioural tendencies, having the right investor psychology, minimizing irrational behaviour (30:44) The importance of rebalancing your portfolio (35:47)Financial considerations as we pivot from early to mid career (39:05)Dimitre's preferred resources for learning about investing (41:50)Rapid fire (47:25)Dimitre’s advice on building wealth (49:28) Dimitri’s Links:LinkedIn: https://www.linkedin.com/in/dimitre-ranev-he-him-0b941495/Primary medicine podcast: https://podcasts.apple.com/ca/podcast/primary-medicine-podcast/id1022330537Yatin:Email: beyondmdpodcast@gmail.com LinkedIn: Yatin Chadha

Jan 11, 2024 • 55min
How to Soar to a Rich & Successful Life with Dr. Ketan Kulkarni
I'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)Navigating through multiple interests, beating burnout, & establishing your metrics for success (18:12)Strategies for living a life aligned with your core values (21:54)Ketan's thoughts on seeking coaching & advice during the journey (24:25)Beating limiting thoughts & breaking through (26:20)Specializing vs thriving through multiple pursuits (28:38)Deep learning as a remedy for burnout (32:24)Time management hacks to live a balanced life (35:04)What financial practices have been most impactful for Ketan? (38:35)Parenting & bringing out the best in your kids (43:57)Favourite books (49:40) Ketan’s Links● Soar: A Soul's Quest by Ketan Kulkarni, Christopher Morris, and Francis Yoo● The Legendary Quest: ForProfessionals Seeking Inner and Outer Excellence and Authentic Fulfillment by Dr. Ketan Kulkarni and Dr. Francis Yoo● Limitless Expanded Edition Upgrade Your Brain, Learn Anything Faster, and Unlock Your Exceptional Life by Jim Kwik● The 5AM Club: Own Your Morning. Elevate Your Life by Robin Sharma● The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company by Robert Iger Yatin:● E-mail: beyondmdpodcast@gmail.com● LinkedIn: Yatin Chadha

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