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My 12 years of financial learning here and beyond
January 19, 2021
3:43 pm
Forum Posts: 208
Member Since:
November 26, 2008
sp_UserOfflineSmall Offline

I would like to thanks the likes of Peter and Loonie for teaching me high interest savings when I was a student 10 years ago and saved every bit of money. They were the first contacts of frugality and how to be spending wise efficient and how to save that money on high interest Savings account online.

While studying at medschool, while every other student were opening $300,000 credit lines, I kept working and investing in my high interest savings account. First ING direct, then HSBC, then ICICI, then People’s trust.
I started medschool with about 30k and finished my medschool in 2011 with some 10k money left and 15k student loans. Which I was pretty happy compared to my friends who had around $150,000 on their credit lines. I managed to do this living at my parents and commuting on my old road bicycle every day, even during rainy days and winter. Had the luck of having the same girlfriend now wife for 16 years and she had an old Corolla for work while studying for engineering and we had our student ski season passes for 7 years on a row for only $200 each season. I raced in road bicycle races through summer and used my road bicycle to go anywhere in the province.

I started to earn a bit of salary around 40k in 2011 increasing 4K yearly till I graduated in 2016 as orthopedic surgeon and from that day my salary became something I could not even have dreamed in my wildest dream. I started to make around 3 times more than what I was expecting in 3 days or work instead of 5.
Still lived on the same salary waiting for my 2016 Tesla Model 3 I had reserved when it was first announced. Since then, I bought my Model 3 SR, my wife’s childhood family duplex and had 5 kids in the meantime.

I have invested in the stock market, bought a lot of value companies like ATD, MasterCard, national Bank, CN, Berkshire Hattaway and started investing in some growth stocks like TSLA, SQ, PLTR, Nio, etc . I also hold many ETFs like ARKK, ARKG and SPXL and TQQQ. Invested on margin during the low of the Covid and now luckily recovered my bad calls like BBD.B and NMX when I started investing and had to learn from my mistakes of poor due diligence.

I learned a lot, made mistakes, learned even more from them and accumulated more wealth then I could have ever dreamed at 33 years old half on my way to become a decamillionaire. What a wild ride it has been, losing some, winning some but always learning at every opportunity from people starter than while trying to absorb the most knowledge possible.

My next objective is to be able to expand my skills into learning more on real estate and option market trading and be able to teach my kids how to become wealthy and financial independent and show them how to make reasonable decisions. I hope they have the wisdom to learn from others mistakes because if they have the potential to do so, they will learn a lot from my last experience.

Which you the best of luck in investing to everyone, stay safe and healthy, getting my vaccine Friday and I hope 2021 and beyond will be incredible years of change!

Sincerely thank you to everyone who helped me on my financial journey.


The day you become free is the day you work for fun.

January 19, 2021
5:57 pm
Forum Posts: 9232
Member Since:
October 21, 2013
sp_UserOnlineSmall Online

Congratulations on your discipline, learning, and achievement!
And thanks for letting us know how it worked out.

January 20, 2021
3:44 pm
Forum Posts: 845
Member Since:
January 3, 2013
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WOW! This is a wonderful summary of your success Dr. Max! Congratulations and very well done. I think I remember you asking those days and you were a fan of Tesla from the beginning. I recall your plan on buying Tesla stocks 🙂

Very well done and YES please educate the future generation. I am doing the same with my 2 children. Teaching them how to value things and to not spend only cause they have the money or the CC. Spend if you need, save if you don't no matter how much money / wealth you have.

And YES. My hat is off in respect to Loonie for his wisdom and always being there whenever needed. I do wish to maybe one day meet this amazing person in person someday. And same to Peter for his great work making us all sit on the same table virtually. For me, it has been mostly learning 🙂

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