Developing Financial Freedom for Physicians With Dr. Christopher Loo [Limitless MD, Episode 127]

LMD, Vikram Raya, Podcast Doctor, Real Estate, Investing, Millionaire

Financial freedom is available to every physician. In this ecosystem, you can no longer depend upon a job for monetary safety. You need to create multiple streams of income. Luckily, today’s guest is an MD who went down the path of financial literacy and nowadays educates other MDs on the subject. 


Dr. Christopher Loo got into orthopedic surgery residency, one of the most elite trainings in the country. He got into the training in the middle of the financial crisis of 2007-2008 and decided to pivot while he was going through it. His main interest then became investing and developing a company focused on financial freedom for physicians. 


These are some of the topics we cover during the episode:   

  • How did Dr. Christopher Loo achieve financial freedom in his thirties?
  • Options to pursue in the current market
  • Digital assets and why you may consider investing in them
  • Investment suggestions for successful physicians who want explosive growth


Dr. Christopher Loo shared all the passive and active streams of income that he has out of medicine. This episode aims to inspire doctors who are listening, such as yourself, to embark on the road to financial freedom. 

 

“Just like portfolio insurance, just like health insurance, multiple streams of income will insure you against any sort of economic uncertainties, job loss, etc.” – Dr. Christopher Loo



In This Episode:
00:00 Welcome back to another episode of the Limitless MD podcast

01:52 Dr. Christopher Loo’s story  

03:31 3 steps to achieving financial freedom while in medical school  

05:01 Existential crisis as an orthopedic surgeon

06:31 How did Dr. Christopher Loo achieve financial freedom in his thirties?  

07:16 Getting ready to take advantage of the next economic cycles   

09:19 Options to pursue in the current market       

10:46 Real estate properties that Dr. Christopher Loo owns 

11:12 Digital assets and why you may consider investing in them 

13:47 Strategies for investing and creating passive income in the digital ecosystem

15:37 Investment suggestions for successful physicians who want explosive growth 

18:26 Top financial books recommended by Dr. Christopher Loo

20:54 How people can learn more about Dr. Christopher Loo

 

Resources mentioned:
“Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” by Robert T. Kiyosakihttps://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 

“The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity” by Charles Richardshttps://www.amazon.com/Psychology-Wealth-Understand-Relationship-Prosperity/dp/0071789294 

“Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth!” by Robert G. Allenhttps://www.amazon.com/Multiple-Streams-Income-Generate-Unlimited/dp/0471714550/ 

“Think and Grow Rich” by Napoleon Hillhttps://www.amazon.com/Think-Grow-Rich-Publication-Foundation/dp/193787950X/ 

“Lead the Field” by Earl Nightingalehttps://www.amazon.com/Lead-Field-Earl-Nightingale/dp/9562915999 

“The Fourth Turning: An American Prophecy – What the Cycles of History Tell Us About America’s Next Rendezvous with Destiny” by William Strauss and Neil Howehttps://www.amazon.com/Fourth-Turning-American-Prophecy-Rendezvous/dp/0767900464/ 

“Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail” by Ray Daliohttps://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276/ 

 

Resources:
Join our Free community of high-performing physicians: the Physician Wealth Accelerator 

https://vikramraya.com/programs/

Sign up to my email list

– Apply to work with Vik and book a clarity call
here

Group Coaching Now Open! Apply Here 


Connect with Vikram:
Website: https://vikramraya.com/

– Instagram: https://www.instagram.com/vikramraya/  

– Facebook: https://www.facebook.com/Vikramrayamd

– LinkedIn: http://www.linkedin.com/in/vikramraya/

– YouTube: https://www.youtube.com/channel/UCdq9M-kD0L2hy1UlfOK-hwQ

 


Connect with Dr. Christopher Loo:


Websitehttps://www.drchrisloomdphd.com/

Special Thank You to Music Provided by Music Library https://soundcloud.com/music-library-non-copyrighted-sounds/300-violin-orchestra-jorge-quintero-copyright-and-royalty-free

Watch the Video Episode