What was appropriate prior to 2014 is no longer applicable in 2023: Dividend only strategy

What was appropriate prior to 2014 is no longer applicable in 2023: Dividend only strategy

Author: Vu Kiet Tran September 16, 2023 Duration: 51:47
Many of our colleagues have been instructed by accountants to use a "Dividends Only" strategy to take money into the personal hands. This strategy may be valid for some, but not for most (at least not after 2014). Unfortunately, despite the changes in the law, our colleagues have not been instructed to change strategy. This persistence down the same path may have major detrimental repercussions. Learn what these repercussions could be and how they apply (or not) to you.   If you want to leave me feedback or comments, please email me at hmfhd2020@gmail.com.

Ever feel like managing your money is a diagnosis you just can't crack? How is my Financial Health, Doc? is a space built specifically for healthcare professionals-from residents to seasoned surgeons-who are experts in the human body but might find their own financial picture a bit blurry. Host Vu Kiet Tran creates candid conversations where the complexities of investing, debt management, and building wealth are broken down without judgment. Here, the often-taboo questions about salary negotiations, side hustles, and planning for a secure future are not just allowed, they’re the entire point. Each episode feels like a consult with a trusted colleague, blending practical business principles with an understanding of the unique pressures and irregular income streams common in medicine. You’ll hear real stories and straightforward strategies that connect the dots between physical well-being and financial fitness. This podcast recognizes that a healthy career requires a solid economic foundation, offering actionable advice to help those who care for others start feeling more confident about caring for their own financial future. Tune in for a dose of clarity that goes beyond the clinic.
Author: Language: English Episodes: 100

How is my Financial Health, Doc?
Podcast Episodes
Financial Anonymous: are you really good? [not-audio_url] [/not-audio_url]

Duration: 18:10
"I am good" is what I often hear from colleagues who either do not want to deal, do not want to be bothered, do not feel confident, or feel embarrassed about their own personal finances. Many are heading towards a path o…
What is pre-construction real-estate? [not-audio_url] [/not-audio_url]

Duration: 1:19:09
Purchasing real estate is still a wonderful investment strategy. However, it is big decision and often an even bigger financial commitment. Thankfully, pre-construction condominiums are an accessible way for investors to…