The Unexpected Benefits of a Declining Stock Market: A Doctor's Perspective
In this episode of the Medics' Money podcast, the host welcomes Dr. Simone Bruschi, an ophthalmology consultant, to discuss his intriguing view on market trends and investing. Simone shares his journey from being a self-taught investor to advocating for a long-term, globally diversified index fund strategy. They discuss why a declining market can be advantageous for regular, long-term investors. The conversation also delves into the psychological aspects of investing, the importance of automated investing, and the impact of personal finance education for doctors. Listeners will gain insights into why traditional market timing is challenging and how a disciplined, low-emotion approach to investing can yield significant benefits over time.
00:00 Introduction and Guest Welcome
01:57 Background on the YouTube Comment
02:47 Discussion on Market Timing and Investment Strategies
03:30 Simone's Perspective on Market Trends
09:13 Investment Strategies and Personal Experiences
19:03 Goals and Financial Planning
24:19 Final Thoughts and Conclusion
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26:37
MDT 3: USA buys NHS(property), McCloud Pensions Delays and more
In this episode of our MDT (Multidisciplinary Team) podcast series, we delve into several pressing topics. We start with an update on the takeover of NHS property by a US private equity firm and what this means for the healthcare system. We then explore the global economic implications of US tariffs, particularly how they are impacting bonds and creating volatility in the market. Our economics experts also put forward their views on the theory of 'taxing wealth not work' as proposed by Gary Stevenson. Wrapping up, we discuss the ongoing NHS pension crisis, including a notable case where a doctor received compensation for pension maladministration and the latest delays in issuing pension saving statements due to the McCloud judgment. Join us as we unpack these complex issues and more
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Disclaimer:
The information provided in this content is for educational and informational purposes only and does not constitute financial advice. You should not rely on this content as a substitute for professional advice tailored to your specific financial situation. The value of your investments can go down as well as up. Past performance is not indicative of future results.
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55:58
Ep 268: "How I sorted my finances out" - a doctor's story
Want to improve your finances fast? Then come on our course
https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/
In this episode of the Medics' Money podcast, the host welcomes Dr. Edmund Jack to discuss his financial journey and share valuable tips for fellow doctors. Approaching 1.4 million downloads, the podcast has been helping healthcare professionals improve their financial wellbeing. Dr. Jack, a GP from Devon, talks about his diverse career and the phases of his financial life, from debt accumulation to investment strategies. He highlights the importance of a structured approach to finances and the benefits of the Medics' Money Financial Wellbeing course. Key topics include sensible investing strategies, whether to pay off the mortgage or invest, and the psychological aspects of finance. Dr. Jack emphasizes the significance of having a clear financial plan, automating investments, and the long-term benefits of a diversified portfolio. Listeners also get insights into the ongoing debate about active vs. passive investing and tips for those just starting their financial journey.
00:00 Introduction and Podcast Milestone
01:53 Guest Introduction: Dr. Edmund Jack
02:13 Dr. Jack's Financial Journey
05:14 Discovering MedicsMoney
12:39 Key Learnings from the Financial Wellbeing Course
16:55 Investment Strategies: Active vs. Passive
31:30 Final Thoughts and Tips for Beginners
34:28 Conclusion and Upcoming Events
Want the latest financial tips for doctors and exclusive invites? Join 64,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/
Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com
GP partner looking to improve your practice/ Then come on our course
https://www.medicsmoney.co.uk/gp-partnership-programme/
Follow us on Instagram
Follow us on Twitter
Disclaimer:
The information provided in this content is for educational and informational purposes only and does not constitute financial advice. You should not rely on this content as a substitute for professional advice tailored to your specific financial situation. The value of your investments can go down as well as up. Past performance is not indicative of future results.
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35:05
Ep 267: Back pay tax (and pension) trap and how to avoid it. A Haematologists guide
https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/
In this episode of the Medics' Money podcast, hosts welcome Dr. Kate Rothwell, a haematology consultant, who shares her experiences from the Medics' Money Financial Wellbeing course. The discussion covers practical financial tips, including dealing with misallocated back pay and tax traps, and the significance of knowing when and how income should be taxed. Dr. Rothwell recounts battling payroll issues and the importance of proactively managing one's finances, especially regarding pensions and investment strategies. The episode emphasizes the value of collective knowledge and persistence in handling financial matters, highlighting stories of errors corrected and financial knowledge gained. Listeners are encouraged to openly discuss and manage their finances to make informed decisions, leveraging resources like Medics' Money to navigate their financial journeys effectively.
00:00 Introduction and Overview
00:16 Back Pay Issues and Tax Traps
00:40 Pensions Taxation Explained
00:46 Investing Mindset and Tips
00:53 Impact of Financial Wellbeing
01:58 Guest Introduction: Dr. Kate Rothwell
02:46 Personal Financial Journey
05:25 Navigating Tax Challenges
18:00 Persistence with HMRC
23:42 Investing and Financial Planning
28:05 The Importance of Financial Knowledge
42:02 Conclusion and Final Thoughts
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43:23
Ep 266: Empowering Pharmacist Partners in the GP Landscape
https://findapprenticeshiptraining.apprenticeships.education.gov.uk/courses/471?location=London%20Fields,%20Greater%20London
Pre-registration trainee pharmacy technician (PTPT) | NHS England | Workforce, training and education
Funding for foundation training in 2025/26 | NHS England | Workforce, training and education
In this episode, Tommy welcomes Gopal Ladva, a pharmacist partner, to discuss his unique role and his journey to partnership in general practice. Gopal shares valuable insights on optimizing the utilization of pharmacists in a GP setting, including his innovative approaches to electronic repeat dispensing, triage systems, and apprenticeship schemes. He emphasizes the importance of understanding finances in general practice, the value of community and knowledge sharing, and the significant impact of collaborative work. The conversation highlights the transformative benefits of integrating pharmacy expertise into general practices for improved patient care and efficiency.
00:00 Introduction and Guest Welcome
01:30 Journey to Becoming a Pharmacist Partner
02:38 Roles and Responsibilities of a Pharmacist Partner
04:22 Innovative Apprenticeship Programs
07:29 Implementing Effective Practice Strategies
11:57 The Importance of Triage in General Practice
17:36 Efficiency Through Electronic Repeat Dispensing
21:13 Reflections on Partnership and Financial Insights
25:23 Conclusion and Final Thoughts
The Medics’ Money podcast helps doctors, dentists and other professionals make better financial decisions. Hosted By Dr Tommy Perkins and Dr Ed Cantelo, who is not only a doctor but also a Chartered Accountant and Tax adviser.
UK