Explore the financial pitfalls doctors face when investing in expensive branded funds instead of cheaper, better-performing generic options. Learn how trusted instincts, a lack of financial education, and high fees lead to significant losses. Discover how small fees over decades can cost millions and the importance of financial literacy in making smarter investment decisions.
00:00 Introduction: Doctors and Investment Mistakes
00:27 The Cost of Expensive Investments
01:21 Comparing Investment Performance
02:07 The Power of Passive Investments
02:44 Real-World Investment Scenarios
03:37 MedicsMoney Financial Dashboard
05:33 The Impact of Fees on Investments
07:38 Conclusion: Educating Doctors on Smart Investing
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00:00 Introduction to the Upcoming Budget
00:21 Meet the Hosts and Their Summer Adventures
02:27 Discussing the Labour Government's 22 Billion Pound Black Hole
04:06 Current High Tax Burden and Predictions
09:36 Potential Changes in Capital Gains Tax
17:40 Speculations on Pension Tax Relief
24:21 Inheritance Tax and Other Speculations
33:28 Final Thoughts and Financial Advice
42:25 Conclusion and How to Stay Updated
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.