Medical Money Podcast

Show Notes
www.medicalmoney.com/episode18
Topics covered:
ETFs
VAS
Market makers
The Fund vs ETF price discrepancy
Should I buy the fund or ETF?
New products

• Factor exposure
• ESG
• Manager Select Series

Personal Investor- Funds, ETFs & Direct Shares
Active Managed Funds & ETFs
Listener Questions

• Fees
• Australian Domicile
• Australian ESG ETF
• Overseas Investors
• Indexing & Price Discovery

Today's Guest
Balaji Gopal
Head of Product Strategy at Vanguard Australia
LinkedIn
https://www.linkedin.com/in/balajigopal
Useful Links

Vanguard Australia

https://www.vanguardinvestments.com.au

Vanguard Personal Investor

https://www.vanguard.com.au/personal/home

Investor Resources

https://www.vanguardinvestments.com.au/retail/ret/investor-resources/learning/education.jsp

Tools & Calculators

https://www.vanguardinvestments.com.au/retail/ret/investor-resources/learning/calculators.jsp

Today was my first day back at work since the operating restrictions have been reduced. I’m so glad to be back doing what I love- looking after patients and hanging out with my theatre teams.

So what does that mean for the podcast?

Firstly I want to say a big thank you to all my listeners.

I won’t be putting out 4 episodes a week as I have been for the past 3 weeks but you can expect even higher quality content in the future.

Because of your support I’m now able to invite higher profile guests.

I never thought that my little podcast made on a set of gaming headphones and edited on Garageband would reach so many people. We are about to hit 10,000 downloads.

Those of you who have emailed me, liked and commented on my Facebook posts and shared episodes with your friends have really kept me pushing ahead and creating the content I hope you find useful.

My goal for this podcast has always been to educate and empower doctors to make better financial decisions.

I have my financial planning diploma, but I’m no expert, and neither am I financially free.

What I am doing is learning from experts and sharing that knowledge with you.

You can think of me like a senior med student who understands the system, they can’t actually treat patients, but they know where to look for help.

The upcoming episodes will build on the “5 Pillars of Personal Finance” that I covered in episode 10.

It’s my holistic approach to money.

The 5 pillars has 2 defensive and 3 offensive moves.

We covered the defensive moves with wills in episode 13 and personal insurance in episodes 14a and b.

Now we can focus on the offensive moves- income, investments and independence or financial freedom.

So get ready to dig deep into shares, real estate, venture capital and other cool stuff.

I’m waiting for my first hater but I know that if I stay true to my goal of helping you guys stay ahead in the money game, I’ll be able to sleep well at night.

Between episodes you can check out the blog at medicalmoney.com where you will find the show notes and some of my random thoughts.

As you all know I’m a Swiftie so I’ll finish with a quote from Taylor herself

“No matter what happens in life, be good to people. Being good to people is a wonderful legacy to leave behind”

Thanks again. Stay safe and send me an email if you’d like to connect.

Book your free 1:1 strategy call with the Crypto Consulting Institute by visiting the link below. Mention the Medical Money Podcast when you book to get a $2,000 discount if you decide to become a CCI client.

https://linktr.ee/cryptoconsultinginstitute

Joe Shew has been a crypto investor since 2014 and is founder of the Crypto Consulting Institute.

He has a wealth of investing experience in both traditional finance and crypto.

If you have already started investing in crypto or are crypto curious I’m sure you’ll discover many pearls of wisdom from this conversation that will make you a better investor

This is a deep dive episode where we discuss:

• Joe’s crypto investing journey 2:15
• the biggest mistakes made by crypto investors 20:40
• where we are in the current market cycle 35:00
• market psychology 48:50
• macroeconomics 51:40
• project fundamentals 55:45
• on chain data 57.50
• technical indicators 1:01:30
• trends for the next bull run 1:10:30

Links to Resources Mentioned In The Episode.

Psychology/ Sentiment-

Market Fear & Greed- https://edition.cnn.com/markets/fear-and-greed

Bitcoin Fear & Greed- https://alternative.me/crypto/

ETH Fear & Greed- https://mobile.twitter.com/ethereumfear

Lunar Crush- https://lunarcrush.com/global-coin-metrics?metric=social_volume%2Csocial_score

Wall St Cheat Market Psychology Sheet- https://www.reddit.com/r/coolguides/comments/k04ihf/wall_st_cheat_sheet/

Macroeconomics-

Trading Economics- https://tradingeconomics.com

Dollar Index- https://www.tradingview.com/symbols/TVC-DXY/

S&P 500- https://www.tradingview.com/chart/?symbol=AMEX

NASDAQ 100- https://www.tradingview.com/chart/?symbol=NASDAQ

On Chain-

Mayer Multiple https://www.buybitcoinworldwide.com/stats/mayermultiple/

Reserve risk https://www.lookintobitcoin.com/charts/reserve-risk/,

NUPL https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/

Realised Price https://www.lookintobitcoin.com/charts/realized-price/

Technical Analysis-

Trading View- www.tradingview.com

Show Notes

Wills (2.28)

Testamentary Trusts (11:39)

Powers Of Attorney (25:43)

Advanced Care Directives (32.23)

Today’s Guest

Tim Donlan, LLB

Contact Tim

Donlan Lawyers

www.donlanlawyers.com

Email

[email protected]

Phone

+61 (8) 8344 6422

Show Notes

Download the PDF to follow the examples discussed

www.medicalmoney.com/episode15

Tax Zones (2:15)

Capital Gains Tax <12 months (5:43)

Capital Gains Tax Discount (7:55)

LICs and CGT concession (12:38)

Listener Questions (14:07)

Useful Links

LICs ATO discount

https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/CGT-listed-investment-companies-concession/

Argo special circumstances discount

https://www.argoinvestments.com.au/assets/docs/general/LIC-capital-gain-tax-deduction-FINAL-2019.pdf

AFIC

https://cdn.tspace.gov.au/uploads/sites/70/2015/07/Australian_Foundation_Investment_Company_Limited.pdf

Today’s Guest

Conaill Keniry

Contact

What If Advice

https://whatifadvice.com.au

Email:

[email protected]

YouTube

https://www.youtube.com/whatifadvice

LinkedIn

https://www.linkedin.com/in/conaill-keniry-b8022a14/