Welcome to the Investing For Doctors podcast. Here we talk about personal finances, investing, wealth creation, accounting, and personal development that will aid you in your life journey as a doctor. Please note that the information provided in this podcast is for educational and entertainment purposes only. The content should not be considered as financial advice and your personal situations have not been taken into account. Before making any financial decisions, we strongly recommend consulting with the relevant professional(s).
How Two Doctors Built a 32 Company Health Tech Portfolio | EP 76
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- What does it take to build a health tech investment portfolio with zero failures across 32 companies? In this episode, we sit down with Dr Amandeep Hansra and Dr Bi Mian, the two clinicians behind Medical Angels, Australia's largest clinician syndicate, now transitioning into a formal $40 million fund. We hear how it all started from a Facebook group, why traditional VCs have historically struggled to invest in health tech, and what clinician-led investing actually looks like in practice. We also unpack how doctors can get involved as LPs, what the ESVCLP tax structure means for them, and why the founders believe that being on the clinical frontline is their single greatest investment edge. If you're a doctor who's ever wondered what it looks like to back the future of healthcare, rather than just work inside it, this conversation is for you. ----- TIME STAMPS: 00:00 Intro 01:03 Who Are Dr Amandeep and Dr Bi? 02:42 How They Met: A Cold DM and a Coffee 04:01 The Gap They Spotted in Health Tech Investing 06:22 The Facebook Group That Started It All 07:24 Balancing Medicine and Running a Fund 10:19 Why Clinician-Led Investing Beats a Generalist VC 13:06 How Their Clinician Network Powers Due Diligence 15:22 Move Fast AND Be Safe: The Health Tech Challenge 17:25 How They Evaluate Startups: Painkillers vs Vitamins 47:24 Formalising Into a $40M Fund: What That Means 48:30 The ESVCLP Tax Benefits Explained 53:17 What Does Success Look Like for Australian Healthcare? 57:16 Why They Do This: Impact at Scale 01:01:18 Final Message to Doctors Considering the Fund ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors, Dr Bi breaks down the most significant overhaul of trust taxation in Australian history. The 2026 Federal Budget has fundamentally changed the rules for anyone running a discretionary trust, and if you have a family trust, a bucket company, or a testamentary trust in your estate plan, this episode is essential listening. We unpack the new 30% minimum tax on discretionary trust income, why the bucket company strategy is now dead, what happens to the CGT discount inside a trust, and the critical traps buried in the testamentary trust carve-outs that most people have completely missed. Most importantly, we walk through the three-year restructuring window, what rollover relief actually means in practice, and why you need to start planning now rather than waiting for the legislation to be finalised. This episode is a clear, numbers-driven analysis of what has changed, who it affects, and what you should be doing about it today. ----- TIME STAMPS: 00:00 Intro/Hook 00:56 What a Trust actually is 02:06 Types of Trusts: Fixed vs. Discretionary 03:33 New Tax Rules for Discretionary Trusts 07:41 Impact on Tax Burden and Income Splitting 13:19 Who Does the New Tax System Affect? 16:08 Testamentary Trusts and Estate Planning 22:52 Capital Gains Tax Changes 29:28 Restructuring Options and Rollover Relief 35:38 Government Support and Practical Considerations 40:00 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors, Dr. Bi cuts through the political noise to explain exactly what changed in the 2026 Federal Budget and what it means for your financial future as a property investor. We unpack the end of the 50% capital gains tax discount, the move to cost-based indexation, the new 30% minimum tax on gains, and what the restriction of negative gearing on established properties really means in practice. We explore who these changes affect, what has been grandfathered, why new builds are now the preferred vehicle for property investors, and how company structures may become the new default for serious investors. Most importantly, we run the actual numbers to show whether these changes are as damaging as the headlines suggest. This episode is a clear, rational, numbers-driven analysis of what has changed, who it hits hardest, and what smart investors should be doing right now. ----- TIME STAMPS: 00:00 Intro Hook 00:42 Changes to Capital Gains Tax Discount 03:26 Transitional Protections and Special Carve-Outs 05:34 Impact on Speculative Investing and Income Support 11:06 Reforms to Negative Gearing 17:52 Impact on Investment Strategies 25:23 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- We're re-releasing this episode with Roger Wheelahan, Managing Director and Financial Adviser at Smart Financial Services, because the content is simply too valuable to be missed. Whether you're hearing it for the first time or coming back for a refresher, it's just as relevant today as when we first aired it. Roger reveals why your income is your most valuable asset and why protecting it should come before paying off HECS, buying property, or investing in shares. We cover the four key types of cover every doctor needs — income protection, life insurance, TPD, and trauma — plus the traps hiding in default super and how small changes can save you thousands. If you're an intern, registrar, or early-career consultant, this episode will show you how to avoid costly insurance mistakes, structure your cover properly, and build a financial foundation that protects everything you're working for. TIME STAMPS: 00:00 Intro/Hook 01:42 Guest Introduction 02:24 Role of Financial Advisor and Misconceptions 03:59 The important asset is YOU 05:44 Understanding Debt and HEX Debt 09:15 Insure yourself 13:54 5 D Approach of Risk 15:24 Types of Insurance and Their Importance 24:33 Financial Planning for Married Doctors 33:52 Value of the Financial Adviser 41:14 Structuring Assets and Tax Incentives 49:47 Conclusion/Outro —--- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.linkedin.com/in/roger-wheelahan-8ba53149/ ----- LISTEN TO THE PODCAST LISTEN TO THE PODCAST: Spotify: https://spoti.fi/3FoBRAy Apple Podcast: https://apple.co/4iks50N Amazon Music: https://amzn.to/3DoyJnP ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- Financial advice shouldn't be a luxury, but for 80% of Australians, it is. We're resharing this one because the insights are just as relevant today as when it first aired. In this episode, join me, Dr Bi Mian, together with Jessica Brady, a maverick financial advisor who sold her award-winning practice to create accessible money programs for the people the traditional system left behind. Jessica talks about why traditional financial advice now costs up to $8,100 annually, why the "I'm bad with money" mindset is quietly holding women back from building wealth, and why waiting for the perfect time to start is a trap. If you want quality money education without the hefty price tag of traditional advice, make sure to listen to this episode! ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://jessicabrady.com.au/ https://www.instagram.com/jessbrady_financialadvice/ https://au.linkedin.com/in/jessica-brady-21165812 https://podcasts.apple.com/au/podcast/financially-fierce/id1727968994 ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- With the second clinical term now underway, interns and junior doctors can finally come up for air. And there's no better time to start getting your finances sorted. We're revisiting this episode because the timing feels just right! In this episode, join me, Dr Bi Mian, and returning guest Jessica Brady, Money Educator and Financially Fierce Podcast Host, who built accessible online money programs to help everyday Australians after selling her award-winning practice. Jessica covers conscious cash flow planning, automating your banking for effortless wealth building, goal-setting psychology, insurance considerations for medical professionals, and how to approach your first property purchase as a doctor. If you want to build sustainable wealth and avoid the money mistakes that trap many young doctors, this one's for you. ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://jessicabrady.com.au/ https://au.linkedin.com/in/jessica-brady-21165812 https://podcasts.apple.com/au/podcast/financially-fierce/id1727968994 ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Are Doctors Getting Ripped Off By Financial Advisors? Here's the TRUTH | Ep.70
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- We're bringing this one back. You've been asking these questions and this episode has the answers! In this episode, join me, Dr Bi Mian, and Roger Wheelahan, a financial advisor with over 25 years of experience helping individuals and businesses with succession planning, risk management, and retirement strategies. Roger shares how doctors can protect their medical practices with strategic buy-sell agreements, why risk insurance is the forgotten foundation of financial planning, and the impact of the Royal Commission on financial advice quality and accessibility in Australia. He also talks about the truth about superannuation as a tax structure rather than an investment vehicle, the differences between financial advisors and consultants, and the innovative ways to maximise retirement benefits while potentially qualifying for pension cards. If you want to understand how to properly structure your finances and create tax-efficient wealth strategies that work specifically for medical professionals, then make sure to listen to this episode! ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi Roger Wheelahan’s Links https://www.linkedin.com/in/roger-wheelahan-8ba53149/ https://smartstartfs.com.au/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- TIME STAMPS 00:00 - INTRO 00:43 - Roger's Background 05:55 - The Royal Commission Being Like "The Wild West" 08:10 - The Catalyst For the Royal Commission 10:31 - The Transformation of the Financial Planning Industry 12:12 - "Principal Agency Dilemma" 22:09 - FINANCIAL ADVISOR vs FINANCIAL PLANNER 22:52 - AFSL (AUSTRALIAN FINANCIAL SERVICES LICENSE) 24:46 - Financial Advisor: Who Are They Really? 29:01 - Risk Insurance 34:15 - Retirement Planning 40:38 - "Poor Financial Advice Can Make a Huge Difference" 41:52 - Financial Advisor Costs 46:34 - Service Percentage Fee 48:31 - Conclusion ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
In this episode of Investing for Doctors, Dr. Bi Mian sits down with Dr. Amandeep Hansra, RACGP digital health leader and co-founder of Medical Angels, to discuss one of the most exciting opportunities for clinicians today, investing in the healthcare startups changing medicine from the ground up. We unpack how Medical Angels grew from a coffee shop conversation into Australia's largest clinician-led investment syndicate, what seven years of backing healthcare startups has taught them about picking the right founders, and why the rise of AI makes this the most critical moment for doctors to be at the table. This episode is for any doctor who has ever wanted to shape healthcare from the outside, not just as a clinician, but as an investor backing the people solving the problems they face every single day. ----- TIME STAMPS: 00:00 Hook/Intro 01:19 Medical Angels 02:33 Dr. Bi and Dr. Amandeep's Creative Career Journey 13:35 Investing in health care startups/Finding the right co-founders 20:35 What Dr. Amandeep is looking forward to invest 23"27 Conclusion/Outro ----- SHOW NOTES LINKS If you're interested in learning more about the Medical Angels Venture Fund, visit: https://medangels.com.au/venture-fund/ https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.linkedin.com/in/dr-amandeep-h-b2092623/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors , Dr Bi breaks down one of the most emotionally charged and economically important topics in Australia today, the cost of housing. We unpack whether Australian property is expensive purely because of supply and demand, or whether our tax settings have played a major role in shaping the market we see today. We explore how capital gains tax actually works, why the 1999 reforms changed investor behaviour, what the 50% CGT discount really means in practice, and how negative gearing allows property losses to offset high income. Most importantly, we examine how these two policies interact to create powerful incentives for leveraged property investing and long-term capital growth. This episode is a structural, system-level discussion, not a moral debate about landlords versus renters. It is a clear, rational analysis of the incentives embedded in Australia’s tax framework, who benefits most from them, and whether those incentives may have contributed to housing affordability challenges facing younger Australians today. ----- TIME STAMPS: 00:00 Intro/Hook 01:10 Introduction of the speakers 02:13 Rayn from Archangels Ventures Background and Experience 04:09 Dina Tikova's Role at UNSW Founders/Background and Experience 06:37 Amandeep Hansara's Journey and Medical Angels 10:50 The Role of Angel Investors in the Ecosystem 22:29 Rayn's experience in Investing Deep Tech 24:17 Q&A 41:10 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.archangel.vc/ https://www.linkedin.com/in/raynong/ https://www.dochansra.com/ https://www.linkedin.com/in/dr-amandeep-h-b2092623/ https://medangels.com.au/ https://www.linkedin.com/in/dinatitkova/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page:
The Startup Investment Strategy Most Doctors Have Never Heard Of | Ep. 67
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- What do venture capitalists actually look for when someone pitches them? And more importantly, should doctors even be paying attention to startup investing? In this episode recorded live at the FICO Conference, we sit down with two VCs and a founder who just went through an acquisition to get the unfiltered truth. Samar Mcheileh from Scale Investors, Ben Armstrong from Archangel Ventures, and Michael Wang from Telecare hold nothing back from war stories about deals that didn't work out, to why women-led startups are quietly outperforming everyone else with 35% higher returns. We cover everything from how VCs actually make decisions, the difference between angel investing and a venture fund, the tax incentives most doctors don't know about, and why your medical background might actually give you an edge that even the top investors don't have. If you've ever been curious about startup investing but had no idea where to start, this one's for you TIME STAMPS: 00:00 Hook/Intro 01:07 Introduction of the Panel 01:51 Samar's Background and Introduction 07:18 Ben's Background and Introduction 09:45 Michael's Background and Introduction 11:38 Challenges in Venture Capital 19:21 What is Venture Scale? 24:04 Venture Capital Stories 33:00 The difference between Angel Investing and Venture Funding 45:35 Structure and Tax Incentives in Venture Funding 49:35 Question and Answer Portion 55:22 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.linkedin.com/in/samarmcheileh/ https://scaleinvestors.com.au/ https://www.linkedin.com/in/benarms/ https://www.archangel.vc/ https://www.linkedin.com/in/michael-wang-8857ba6a/ https://www.telecare.com.au/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/inves
Inflation: The Silent Tax Stealing Your Wealth (Australia 2026) | Ep. 66
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors, Dr Bi breaks down one of the most quietly destructive forces eating away at every Australian's wealth right now — inflation. If you've ever looked at your bank account and wondered why the same amount of money just doesn't go as far as it used to, this episode is going to explain exactly why that is, how it's measured, and why the number you see in the news probably feels nothing like what you're actually experiencing day to day. We get into the real drivers behind inflation. From rising production costs to government money printing, why the RBA's interest rate hikes can only do so much, what the Consumer Price Index actually captures and what it conveniently leaves out, and how inflation hits different Australians in completely different ways depending on whether you own assets, hold cash, or are still paying off a mortgage. We also break down which investments actually protect your wealth when inflation rises and which ones quietly bleed you dry without you even noticing. This episode isn't about predicting where prices are heading next. It's about understanding the mechanics of the silent tax. Who it hurts most, who quietly benefits from it, and what you can actually do right now so your wealth grows faster than inflation can erode it. ----- TIME STAMPS: 00:00 Intro/Hook 00:53 What is inflation? 01:56 Causes of Inflation: Demand-Pull and Cost-Push 06:06 Monetary Expansion and Its Role in Inflation 06:59 Measuring Inflation: The Consumer Price Index (CPI) 12:28 Understanding the CPI and Its Limitations 21:24 Impact of Inflation on Different Groups 25:36 Inflation and Investment Strategies 28:38 Interest Rates and Inflation: The Role of the RBA 41:20 Supply-Side Inflation and Its Challenges 43:25 Final Take-home message 47:16 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
You Insure Your House… But Not Your Income? | Ep. 65
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors, Dr Bi hosts a panel discussion from the FICO Conference on one of the most important but often overlooked foundations of financial planning: managing risk. While many professionals focus on building wealth through investing, this conversation highlights why protecting your ability to earn an income should come first. Dr Bi is joined by Roger Wheelahan, Managing Director of Smart Start Financial Services, Chris Jurukovski, NSW Adviser at Experien Life Insurance, and Sabrina Walmsley, State Manager at PPS Mutual. Together, they discuss the role of risk insurance including income protection, trauma cover, total and permanent disability (TPD), and life insurance, and why these policies form the foundation that supports long-term financial plans. This episode is for doctors and high-income professionals who want to better understand how risk insurance works, why it matters, and how protecting your income helps safeguard your broader wealth strategy. ----- TIME STAMPS: 00:00 Intro/Hook 01:18 Introduction of speakers and their backgrounds 10:27 Importance of Trust 11:47 Importance of conversation 12:49 Client case study 15:20 Change in Insurance System 20:02 Mental Health Claims 24:33 What to look for in an adviser 28:33 Losing a relationship with an adviser 32:22 Income Protection increasingly unaffordable issue 39:10 Reinstatement Options 42:03 Market Consolidation 42:48 Helpful Resources 46:24 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.experien.com.au/ https://smartstartfs.com.au/ https://au.linkedin.com/in/roger-wheelahan-8ba53149 https://www.ppsmutual.com.au/ https://au.linkedin.com/in/sabrina-sequeira-walmsley-26a2b024 ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Property OR Shares? Which One Builds More Wealth? | Ep. 64
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors , recorded live at the FICO Conference, we host a dynamic debate on one of the biggest questions facing high-income professionals: Property or Shares — which one actually builds more wealth? Joining the discussion are Jessica Brady (Money Educator and host of the Financially Fierce Podcast ), Roger Wheelahan (Managing Director of Smart Start Financial Services), Munzurul Khan (Chartered Accountant and Chairman of KHI Partners), and Rich Harvey (CEO & Founder of Property Buyer). Bringing both perspectives head-to-head, the panel explores leverage versus liquidity, diversification versus concentration, behavioural bias, volatility, tax efficiency and the mathematics of long-term compounding. The shares side makes the case for flexibility, global exposure and ETF scalability, while the property side argues for tangible assets, borrowing power, manufactured growth and the structural advantages of leverage. Through real-world examples and live rebuttals, the conversation helps doctors and high-income earners better understand how each asset class behaves over time, and how to make more intentional, informed decisions about building long-term wealth. ----- TIME STAMPS: 00:00 Intro/Hook 01:07 Property vs Shares: Introducing the panellist 03:27 Roger Wheelahan - Shares & ETF Side 08:34 Munzurul Khan - Property Side 14:18 Jessica Brady - Shares & ETF Side 19:39 Rich Harvey - Property Side 23:19 Questions and Answers 44:54 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://au.linkedin.com/in/jessica-brady https://jessicabrady.com.au/ https://au.linkedin.com/in/munzurul-khan-7ba6a318 https://khipartners.com.au/ https://www.propertybuyer.com.au/ https://au.linkedin.com/in/sydney-buyers-agent https://au.linkedin.com/in/roger-wheelahan-8ba53149 https://smartstartfs.com.au/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Why Housing Is So Expensive in Australia (And What Tax Has to Do With It) | Ep. 63
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors , Dr Bi breaks down one of the most emotionally charged and economically important topics in Australia today, the cost of housing. We unpack whether Australian property is expensive purely because of supply and demand, or whether our tax settings have played a major role in shaping the market we see today. We explore how capital gains tax actually works, why the 1999 reforms changed investor behaviour, what the 50% CGT discount really means in practice, and how negative gearing allows property losses to offset high income. Most importantly, we examine how these two policies interact to create powerful incentives for leveraged property investing and long-term capital growth. This episode is a structural, system-level discussion, not a moral debate about landlords versus renters. It is a clear, rational analysis of the incentives embedded in Australia’s tax framework, who benefits most from them, and whether those incentives may have contributed to housing affordability challenges facing younger Australians today. ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors , we are joined by Suzi Petrozzi, Clinical and Coaching Psychologist at Body Mind Central, for a different kind of conversation, recorded live at the FICO conference. Instead of focusing on strategies, returns or investment structures, this session slows things right down to ask a more fundamental question. Why are doctors pursuing financial independence in the first place, and what are they really hoping it will give them? We explore how purpose, presence and self-agency shape not only better life decisions, but better financial ones too. Together, we unpack why burnout and overwhelm are often signs of misalignment rather than failure, why money creates options but does not provide direction, and how learning to say no can be one of the most powerful outcomes of financial independence. This episode is a reflective and grounding conversation for doctors who want to realign their wealth-building journey with what actually matters to them. ----- TIME STAMPS: 00:00 Hook/Intro 01:17 Guest Introduction 03:56 Finding Purpose: Realising what you do with Why you do it 05:41 The cost of disconnection 06:12 Framework for empowerment 07:11 Presence 12:31 Power 21:03 Purpose 28:20 Potential 30:27 Possibilities 32:43 When we reconnect with our purpose, everything else begins to flow more often 42:33 Comments and questions from the audience 52:13 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi au.linkedin.com/in/suzi-petrozzi-23403958 https://bodymindcentral.com.au/ https://www.facebook.com/BodyMindCentral ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Banks LOVE Doctors… So Why Are Their Home Loans Getting Rejected? | Ep. 61
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors, we are joined by Alissa Childs, co-founder of Two Birds One Loan, to break down why getting a home loan as a doctor is often more complex than it should be. We unpack how banks really assess doctors’ income, including PAYG roles with overtime, short-term ABN contracts, multiple employers, and parental leave gaps, and why many doctors are incorrectly told “no” by banks or non-specialist brokers. We also explore practical case studies on short-term ABN lending, borrowing through trusts and SMSFs, and renegotiating high-interest rates that quietly cost doctors tens of thousands of dollars over time. This episode is a clear, practical guide for doctors who want to understand their true borrowing options and turn rejections into approvals. ----- TIME STAMPS: 00:00 Hook/Intro 01:28 Introduction of Alissa Childs 03:18 Assessing Income for Salaried Doctors 11:34 Complexities of ABN Income and Multiple Jobs 17:21 Parental Leave and Its Impact on Loan Assessment 24:51 Doctors on short-term income 26:14 Dynamics between Home Loan Residential Bankers, Business Bankers and Private Bankers 31:07 Using Trusts and SMSFs for Borrowing 40:04 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.twobirdsoneloan.com.au/ https://web.facebook.com/twobirdsoneloan https://www.linkedin.com/in/alissa-childs-8816777a/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
If You Already Own Property, This Is the Next Level Most Doctors Miss | Ep. 60
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors , we welcome back Rich Harvey, CEO and Founder of PROPERTYBUYER to take the conversation beyond buy and hold and into the value-add strategies most doctors never hear about. Building on our previous discussion around leverage and portfolio structure, we unpack why many high-income professionals stop too early with property, not because of risk tolerance or lack of opportunity, but because they are unclear on what is realistically possible without becoming a full-time developer. Rich walks through practical, lower-risk ways doctors can manufacture equity and accelerate passive income, including cosmetic renovations, granny flats, knock-down rebuilds, and passive development strategies. We also explore realistic return benchmarks, risks to avoid, hidden tax considerations, and how doctors can scale safely when time is limited and managing tradies or approvals is not an option. This episode is designed for doctors who already own property and want a clearer framework for what comes next, without chasing hype or overcomplicating their strategy. ----- TIME STAMPS: 00:00 Intro/Hook 01:31 Rich Introduction 02:43 Advise for people doing value-adding or development activities 03:43 Why do value adding? 05:26 Process of Renovations 10:21 Managing Renovations 11:21 Cosmetic Renovations and Risk Management 14:49 Granny Flats and Structural Renovations 20:03 Knockdown and Rebuild Strategies 30:36 Passive Development and Joint Ventures 34:11 Rooming Houses and High-Yield Investments 36:59 Legislative Challenges and Opportunities 37:43 Syndicated Investment and Group Participation 46:23 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.propertybuyer.com.au/ https://www.linkedin.com/in/sydney-buyers-agent ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Why High-Income Doctors Still Feel Stuck With Property | Ep. 59
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode of Investing for Doctors , we are joined by Rich Harvey, CEO and Founder of PROPERTYBUYER, to challenge the idea that property is simply about owning a home. We unpack why property remains a powerful long-term wealth creation tool for doctors, particularly as a hedge against inflation, and why many high-income professionals stall after one or two purchases due to fear, mindset, and analysis paralysis rather than lack of opportunity. Rich explains how doctors can use leverage safely, choose the right type of property at different life stages, and avoid common traps such as over-supplied areas or poor structures. We also explore how to keep building when personal borrowing capacity runs out, using strategies across personal ownership, trusts, and self-managed super funds. This episode is a practical guide for doctors who know they have capacity but want a clearer, more confident path forward. ----- TIME STAMPS: 00:00 Intro/Hook 01:23 Debate on Stocks vs. Property 03:00 Using Property as an Investment Tool 04:01 Doctors' Risk Aversion and Leverage 07:30 Strategies for Overcoming Analysis Paralysis 09:26 The Power of Property for Medical Professionals 13:54 Choosing the Right Property 45:59 Pitfalls to Avoid in Property Investment 44:15 The Role of a Buyer's Agent 47:18 Future Predictions and Market Trends 48:13 Predictions on Property Prices 50:00 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.propertybuyer.com.au/ https://www.linkedin.com/in/sydney-buyers-agent ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
If I Were a Young Doctor Starting Today, This Is How I Would Buy My First Home | Ep. 58
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this episode, mortgage expert Alissa Childs joins us to unpack the real pathways young doctors can use to get onto the property ladder sooner. Many early career doctors feel priced out or overwhelmed by lending rules, not realising they may be eligible for tens of thousands of dollars in incentives, LMI waivers and tax saving strategies that can fast track their first purchase. Alissa shares practical examples from the front lines, including how one client saved $40,000 simply through a scheme change that most buyers never hear about until it is too late. We break down the major options available to first time buyers, including the 5 percent deposit scheme, doctor specific LMI waivers, parental guarantees, and the First Home Super Saver strategy. Alissa clarifies how each works, the traps to avoid, and why forward planning matters, particularly for interns and registrars who want to buy earlier without needing a huge cash deposit. We also explore the lesser known differences between federal incentives and state based stamp duty or grant rules, and how choosing the right structure can affect borrowing capacity, growth potential and long term portfolio planning. Whether you want to buy your first home to live in, start with an investment, or simply understand how to position yourself over the next twelve to twenty four months, this episode offers clear, evidence based guidance to help doctors make confident decisions. It is a practical roadmap for anyone who wants to move from feeling stuck to knowing exactly what steps will put them in the best position to buy. ----- TIME STAMPS: 00:00 Intro/Hook 01:53 Alissa's Background 03:05 First Home Owners Gruarantee to 5% Deposite Scheme 03:51 Lenders Mortgage Insurance 06:04 Details of the 5% Deposit Scheme and LMI Waivers 13:50 Stamp Duty Concessions and First Home Owner Grants 18:26 First Home Super Saver Scheme (FHSS) 26:06 Parental Guarantees and Investment Strategies 36:53 Scenario Planning for New Doctors 40:04 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi https://www.twobirdsoneloan.com.au/ https://web.facebook.com/twobirdsoneloan https://www.linkedin.com/in/alissa-childs-8816777a/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- <
Male Fertility EXPLAINED: The TRUTH No One Talks About | Ep. 57
Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors ----- In this follow up episode, fertility specialist Dr Becky Taylor returns to shift the spotlight onto male fertility, an often overlooked part of the conception conversation. While fertility planning is frequently framed as a women’s issue, Dr Taylor explains why male age, genetics and lifestyle play a critical role in embryo health, miscarriage risk and long term child outcomes, particularly for doctors who delay family planning due to training and career demands. We unpack what actually affects sperm quality, from DNA fragmentation and genetic conditions to factors like smoking, BMI, sedentary work and heat exposure. Dr Taylor explains why semen analysis and early testing matter, how lifestyle changes can meaningfully improve outcomes, and why waiting until problems arise can limit available options for couples. We also explore why both partners should be assessed early, rather than assuming fertility challenges sit on one side alone. Whether you are planning to have children soon, considering fertility preservation, or want clarity earlier rather than later, this episode offers practical, evidence based insights to support informed decision making. It continues our broader focus on investing not just financially, but in long term life planning, helping doctors align career goals with the realities of fertility and family. ----- TIME STAMPS: 00:00 Intro/Hook 01:28 Becky's Background 02:35 Male Infertility and Age Factors 08:00 Miscarriage Problems Due to Male problems 10:28 Other Male Infertility problems 11:56 Biopsy and aspiration 16:51 Impact of male lifestyle in having a baby 20:23 Advise for female and male doctors in planning to have a pregnancy 27:26 Fertility Preservation and Embryo Creation 29:54 Companies supporting Egg Freezing 35:02 Challenges and Considerations in Fertility Preservation 38:23 Legislation and Donor Work for Same-Sex Couples 42:26 Conclusion/Outro ----- SHOW NOTES LINKS https://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bi drbeckytaylor.com.au instagram.com/dr.beckytaylor facebook.com/drrebecca.beckytaylor ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
