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

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

Limboing With The New Passive-Active Income Tax Rules for Private Corporations

It is clear to Canadians that our government leaders like to dance. The recent trip governmental trip to India also put this love of dance on display for the whole world to see. Some found it embarrassing whilst others found it entertaining. Personally, I am looking forward to seeing the Right Honourable Mr. Dress-Up on a[…]

Read more

With the New CCPC Passive Income Rules – Is It Bad to be Good?

I previously gave a simplified description of the effects on professionals at different income levels. That basic modelling ignored some of the complexities of taxation and the effects of inflation. I did that for the basic illustrative purpose of showing that: the effect grows with increasing income the damage is real, but not devastating it[…]

Read more

Physician and High Income Professionals Personal Finance Blog Roll

There are many styles of financial Kung Fu. I grew up watching classic foreign Kung Fu movies where schools would constantly be fighting with each other to prove “My Monkey Kung Fu is more powerful than your Slinking Tiger Style”. Blogging is different and even though we may approach things slightly differently or have a[…]

Read more

The Best Toys For Kids Are Free

Most of personal finance is not about portfolio or tax planning. It is much more far reaching than that. It is about life. It is about balancing or optimizing the two-way exchange between time, effort, comfort, pleasure, and security with the common currency of money. That is no different for high income professionals – the[…]

Read more

Into the Neutral Zone Part 2 – Does The New Passive Income Threshold Actually Matter To Your Savings?

Federal changes to small business taxation have created new rules that cause professionals and small business owners to pay more tax on their active business income, if their investment income pushes them into the penalty zone. It is like the Neutral Zone in Star Trek – not a place that you want to end up[…]

Read more
%d bloggers like this: