Physician Finance Canada

Physician Financial Grand Rounds – Bariatric Edition

The Best Articles on Physician Finance The best physician finance content is written by physician bloggers scattered across the internet.[…]

Read more

My Dirty Little 10000 Sqft Secret

Well, back when I wrote the post about using our home equity to invest and income split, I was only partially joking when I said that our house was like a castle. I actually originally put a picture of our house as the feature photo for that post, but then chickened out. You can now[…]

Read more

Money & Mistakes Rounds – Building A Culture of Physician Financial Safety

“Primum non nocere” “First do no harm” first appeared in medical texts in the 17th century. While not verbatim in the original Hippocratic Oath, the spirit was there and it is one of the ethical pillars that underpins medical practice. Of course, the practice of medicine in the real world is much more complicated. We[…]

Read more

HBB Swap-ETF or ZDB Discount Bond Fund In a Corporate Account Versus The Legislator

Horizon’s HBB Canadian Bonds Total Return Index (TRI ETF) could play a role in the corporate investment accounts of Canadian high income professionals. We are not machines. One of the frailties of being a human investor is that we can easily fall prey to our emotions. Big swings, or volatility, in the value of the[…]

Read more
CCPC GRIP account

Corporation GRIP As a Tax Slashing Weapon

What is corporate GRIP? GRIP (General Rate Income Pool) is a notional account, which means it only exists on paper for doing taxes. This account describes the amount of money that a Canadian Controlled Private Corporation (CCPC) can pay out as eligible dividends to its shareholders. Eligible dividends are taxed at a lower personal tax[…]

Read more

Horizon Bond Swap-based HBB ETF Is Like “The Little Blue Pill” For Fixed Income In A Taxable Cash Account

As people get older, there are, uhmmm, things that they sometimes need a little help with… For example, many shift their asset allocations to have more “fixed income”, like bonds or guaranteed investment certificates (GICs) in their portfolios to provide less volatility and a more reliable income stream. Since interest is taxed unfavourably, preferentially holding[…]

Read more

Swap-Based ETFs – Quantifying The Risk Reward Relationship

Quantifying Investment Risk Risk is sometimes predictable and easy to quantify. Those of us who were allowed to play unsupervised as kids learned how to do that through experience. The lane-way behind my childhood home was the scene for many acts, such as the one above, being recreated by a crack stunt crew of adults.[…]

Read more

Physician Financial Grand Rounds – Bariatric Edition

The Best Articles on Physician Finance The best physician finance content is written by physician bloggers scattered across the internet. Physicians and other high income professionals often have a different relationship with work and money than many in the general population. So, having “insiders” writing about this gives insights, experiences, and inspiration that resonates with[…]

Read more

General Risks With Swap-Based ETFs – Behind The Magic Curtain

Swap-based ETFs have a number of potential benefits for an investor using a taxable account or Canadian Controlled Private Corporation (CCPC), such as a medical professional corporation, to invest. They may become particularly attractive as part of a strategy to¬†avoid the new passive investment income tax rules if you cannot limbo under the new threshold[…]

Read more

The Magic Trick of Swap-Based ETFs

Watch very closely while I make the investment income disappear. Magic! There are ways to make investment income disappear. I am not talking about investing with someone who takes your money and absconds to some lawless country with better weather. Nor am I talking about losing money by giving into emotions and making poor investment[…]

Read more

Choose Your Weapons – Financial Tools and Strategies For Incorporated Professionals to Repel Tax Pirates

I previously gave some illustrative examples of how crossing the new sliding active-passive income threshold into the higher general corporate tax rates could have an adverse impact on physicians and other high income professionals. Even a more moderate income physician who is a good saver. It is important for those affected, to realize that they[…]

Read more
%d bloggers like this: