Dr. Leo Damasco and Phoebe Gutierrez welcome Jeff Sekinger, to discuss financial education, alternative investments, and algorithmic trading. Jeff shares his journey from a low credit score to building successful companies and explains how physicians and entrepreneurs can diversify intelligently using licensed trading software.
This episode is sponsored by NURP
NURP helps busy physicians grow their wealth through AI-powered algorithmic trading designed for demanding careers. No day trading, no guesswork, and no constant market watching required.
Ready to put your money to work? Visit start.nurp.com/doctors to learn more.
Trading involves risk, and results may vary. This is not financial advice.
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In this episode of Telemedicine Talks, Jeff Sekinger joins hosts Dr. Leo Damasco and Phoebe Gutierrez to break down financial literacy for high-earning professionals. Drawing from his experience at JP Morgan, building Zero Percent (credit & funding), Orca Capital (hedge fund), and NURP (algorithmic trading platform), Jeff explains modern portfolio theory, the power of alternative investments, and why many physicians face concentration risk by keeping everything in their practice or traditional assets.
He details how NURP delivers verified algorithmic trading strategies directly into users’ own brokerage accounts, offering liquidity, transparency, and control. The conversation covers the Medallion Fund’s legendary performance, the role of AI and technology in investing, red flags to watch for, and practical advice on starting small, understanding risk-adjusted returns, and avoiding common pitfalls like over-allocation or illiquid real estate headaches.
Listeners will gain actionable insights on diversification, testing strategies risk-free, and empowering their capital to work smarter, especially valuable for busy clinicians seeking financial freedom beyond clinical work.
Top 3 Takeaways:
About the show
Telemedicine Talks explores the evolving world of digital health, helping physicians navigate new opportunities, regulatory challenges, and career transitions in telemedicine
About the Guest
Jeff Sekinger is the founder of NURP (algorithmic trading software), Zero Percent (credit & funding solutions), and Orca Capital (hedge fund focused on alternative investments). With a background at JP Morgan in asset management, Jeff is passionate about financial education and empowering individuals with technology-driven investment tools.
Connect with Jeff Sekinger / NURP:
About the Hosts:
[00:00:00] Hey, everybody. Welcome back to Telemedicine Talks. It's Phoebe Gutierrez, and I'm here with Leo Damasco, and today we have a really cool episode and guest speaker, who's gonna really help educate me and all of us and make us a little bit more financial literate, hopefully.
So before we dive in, I just wanna do a really quick disclaimer. NURP is a partner of our show, and Jeff is the founder of NURP, which is an algorithmic trading company. So welcome to the show, Jeff. We're so grateful to have you on.
Thank you. I'm excited to be here.
Awesome. diving in just a little bit, so NURP is a software and it's really a financial, educational kind of company, probably aimed at people like me who have ignored the topic of finances and money, probably why I'm, in the state that I'm in.
nothing in this episode is gonna be financial advice, so [00:01:00] for everybody listening please, this is all educational. And really, what we're trying to do, do here on the show is we have many, entrepreneurs physicians, private practice owners, telemedicine founders that listen.
Anything that really touches your capital deserves a ton of due diligence, and making sure that you're educated, informed, and you have the right tools in your pocket actually is gonna benefit you long term. we can absolutely just kinda jump into it. And again, thank you so much for being on the show.
Thank you. Let's do it.
Yeah. Awesome. So Jeff, yeah like Phoebe said,you've built NURP, which is, this platform, but you've also built other companies, right? ZeroPercent, Ocre Capital and NURPwhat we were talking about. what's the through line here?
What's the problem you're solving by, creating all three of these?
Yeah, so early in my career, I went through traditional education and worked for the largest bank inside the United States in asset management. It was JP Morgan, and I was [00:02:00] in like a 2-million-square-foot office with 12,000 employees, so about as corporate as you could possibly get.
And I ended up leaving there in 2018 just 'cause it didn't align with where I saw myself going long term. But my first company that I started actually came from issues that I had financially myself with my credit score. So Zero Percent was spawned from all of the difficulties that I went through having a 524 credit score.
I rose it to a 793. I was able to get a new car, a new apartment, start traveling a little bit for free, and ultimately that kicked off the start to my first company, which is actually a marketing company. not too long after I started the marketing company only lasted like probably six months.
But regardless, it got me out of the corporate world and got me doing the thing that I love doing today. And, Zero Percent kept growing. We serviced thousands of customers. We helped entrepreneurs get access to more than $100 million of like startup funding. Wow. And they started [00:03:00] tons of businesses.
It's really cool. I've had,just in the last week, several people reach out saying they sold their companies for multiple eight figures, and this one guy had, got several thousand units under his belt starting his real estate company, all from starting with the credit journey with me and getting financing- Nice
which is really- Oh, wow ... really cool to see.
So cool.
Butmore so I've been more in- interested in investments my whole career. since a very young age, I've been investing money. My dad actually started a competition between myself and my older sisters where he said, "Look, I want you guys to start understanding investments.
So why don't I just put $1,000 into three different accounts and you guys are gonna pick your favorite stocks or your favorite companies that you enjoy the most right now, and whoever has the highest return at the end of the year is gonna get 50 bucks." So that got me thinking into just how companies like grow, evolve, why they're valuable, and how the equity price generally follows the fundamentals and, I [00:04:00] started to really think about investing as a career.
So that's why I went into school for finance, graduated, got the job at JP Morgan, and then, Orca Capital spawned not too long actually after Zero Percent, but we started the fund, which it's a hedge fund, and specifically an invest in alternative investments. And I started that fund back in April of 2019 And we started that just like, "Hey, let's just build a track record and see if we can be successful.
And if we are successful, then we'll start to raise some money from other investors." And that's what we did, and that company has grown since then. But more so, I saw a huge gap in the market. So with inside of, hedge funds and different... They're called private placements, is what they're really called, 'cause they're private types of deals that you can invest in.
There's two main issues. One, people that are not accredited, or we even have a fund that requires you to be a QEP, which is a $5 million net worth or above. And then there's even some products that you have to [00:05:00] be an ECP, which is a $10 million net worth or above. And that's just, I'm just talking generally in the finance industry.
There's all these structured products that are actually really valuable, but unfortunately you can't legally get access to them until you are over that net worth, threshold. So Nerd spawned from trying to help the individual that's generally in between, becoming very wealthy. They're still, wealthy, but they're not at that point where they're reaching the QEP, ECP-piece type status.
We do have quite a few clients that are very wealthy, definitely into the multiple nine figures, 'cause they sold companies for hundreds of millions of dollars. So it's not just for, people that are worth 500,000 let's say. but for the most part, that's the majority of our clients don't fit into that ultra-high net worth bucket yet, and they're working to get there.
And the other problem with these private placements and, alternative vehicles is you don't have liquidity. So we can talk a little bit more about that, but oftentimes you [00:06:00] invest money in, a venture capital firm, and you sit there and wait for five, eight, 10 years until you get a return.
So we wanted something that like, hey, this is not a fund. You're putting money into your own brokerage account. But what we're gonna do is we're gonna build successful trading strategies into softwares, and you can license that software in your own brokerage account. So they're in control- ... of their funds.
They deposit money into a brokerage account- ... but they're just licensing a technology into their brokerage account, and then they can adjust little settings and things inside the algorithm. But, it's been a really cool business and,it's very unique. So excited to dive a little bit more, but I hope that, gives you a nice summary there.
Yeah, no, definitely. I have one question just because like I said, like I'm like really illiterate when it comes to all of this stuff. I just work and somehow all my companies have done well, which is probably like the worst gamble you could do. But, you mentioned alternative investments.
Like what could you maybe dive a little bit into what is an alternative investment?
Yeah. So traditional [00:07:00] investments are things like you putting money into the S&P 500, the stock market or the bond market, and that's what most people do, and there's nothing wrong with that. I actually think that's a wise move.
But most people don't understand there's two pieces of terminology. One of them fits inside of the other one, and anyone listening to this can go look this up. It's called modern portfolio theory, and inside of modern portfolio theory, there's something called the efficient frontier, which just means that there is an actual optimal allocation, which means spreading money across different assets, where you have the highest risk-adjusted return Which means that for the level of risk that you're taking, you're getting the highest return.
So there's this curvature on the efficient frontier, which is about portfolio allocation, where you can have the highest risk-adjusted return. And how do you get to that point where you have the highest risk-adjusted return? a lot of the times the majority of the portfolio does sit inside of safer investments like the stock market, the bond market.[00:08:00]
But then oftentimes what, people that are building wealth do not do, and even some very wealthy people that I know here in the city that I live they're not even educated on this, and they've just become very wealthy. But to get to that efficient portfolio, you need to have some type of alternatives in the portfolio.
And typically alternatives are a bit more volatile and oftentimes they're uncorrelated to the other investments that you have inside of your portfolio. So that could be things like, precious metals, venture capital, private equity, private credit. Algorithmic trading also fits into that bucket.
So it's things that are just not very traditional that are like alternative to what people are usually used to, and that's where we fit in. And generally it's like a, anywhere between maybe a one and a ten percent allocation to alternative investments is usually where people sit inside of that.
And then a lot of it's, in their, let's say their business, the stock market, the bond market. But, yeah, that, that would be,the cleanest [00:09:00] description. And I think, that's where a lot of people tend to struggle, like with you maybe really centralized with your investments only in your business.
I don't know if you... Do you make many investments outside of your company or not really? It's all in your company?
right now I'm at the place where it's all, you're all in on like your companies. Yeah. You're hoping to get to that next level of where... I'm still in my 30s.
I'm still, trying to think about it in a smart way. But I am, I think, like I'm at the place where, yeah, I think I'm ready to take that next step. So it's that interesting piece where, yeah, do I continue to invest in my companies or do I, potentially invest outside?
you know- ... so it's a, an interesting junction I'm at.
Yeah. And a lot of our audience here, when they transition to telemedicine, they're usually at a point where they're a little further on in their career, right? And they're ready to draw down or change.
But which means that they've had a career, they've built their wealth a bit, and y- they've done the traditional stuff, right? Max out their 401. some are dabbling in real estate. there's a lot of the doctors in our [00:10:00] circle, are doing, short-term rentals, hiring maybe an advisor, talking to people.
Butand really that's about it. what, in your eyes, what's the biggest kind of spot that they're missing, and where should they go next?
Yeah, a lot of people make... I think that real estate's a great, asset class. Obviously, it's very proven over r- literally thousands of years, right?
But the thing is, with a lot of investments, when you're making investments outside of the stock market and the bond market, you oftentimes are locking your money up, and sometimes you're creating a whole nother business for yourself So I have friends that bought dozens and dozens of properties, some of them even hundreds because they were making so much money from their business.
They're like, "Hey, I need to diversify. I also want the tax benefits." Now you gotta become a real estate professional to get those tax benefits, and it was just the biggest headache in the world. They ended up selling the properties at a loss because they were just so tired [00:11:00] of plunging the toilets and the sinks.
Like they, they weren't physically doing that, but they had to ha- manage the management companies that were doing that. And then there's so many things that go into those types of investments. And then like I said it's not very liquid, right? So when you try to get out of it, it's not a very easy thing to get out of.
So I would say that's one of the bigger mistakes. A lot of times people spend a lot of time building their wealth, and then unfortunately a lot of them lose it because they go all in on one thing, right? They think that, "Oh my gosh, this is the thing that's gonna take me to, to my retirement," and generally that's not a good idea.
and what, I see also people doing in the medical field, 'cause we have quite a few people in the medical field that are clients of ours, is they have that concentration risk, which is where all of their money is in their business or all of their investments are in, one index or one stock.
And you have that risk of, what happens if we have another 2008 and everything goes down? Are you gonna have enough [00:12:00] conviction to be able to get through that and not sell if that asset goes down by 50%? Not a lot of people can. So the whole point of spreading out money across different assets is to try to bring together things that are uncorrelated so that when, the market does go down, maybe one thing goes up when the rest of your assets go down, and that kind of smooths out that equity curve.
So I'd say that's probably the biggest, pitfall that I see, professionals,
doing. it's funny 'cause yeah, ER, especially that, I'm talking for myself, too. we weren't trained in this, right? There was no financial advice training in med school. I think they're starting to do it now.
I think people are just starting to get smart, but at least- Yeah ... back in my daythere wasn't any, right? And just we just had to figure it out. Honestly, really, the play was, hey, you work till you're 65, you max out your 401, and you just live off of whatever you saved off of that 401.
And- Yeah ... you're not gonna live long anyways after that, right? You're old and tired, so that should help. And you're,
and you're a doctor, right? what's the... You guys live to, [00:13:00] 58, I thought.
Oh, shoot. ER lifespan is 58, so I wouldn't even make it, right? I'm an ER guy. But, Yeah, so that's interesting.
Now how does Nerd help you do that? what makes Nerd unique or, how can our listeners use Nerd, a tool like Nerd to, to help them, diversify, actually help them become more efficient and maximize their financial wealth? Yeah,
so I think one of the thing, the reason why I actually started the company and started pursuing this also in some of my hedge funds is because
Whenever you're trying to do something, let's say you wanna play basketball, and you wanna learn how to play basketball, you're probably going to study someone like Michael Jordan or LeBron James or Kobe Bryant, right? You're gonna look at the best people that have ever played the game. So in the investment world, when you think about the best people, most, almost every single time I ask this question, everyone says Warren Buffett, which is a good guess, right?
He was the best, apparently, investment professional of all time. But in [00:14:00] reality, he was not the best. In fact, there was multiple people that way outperformed Buffett on the b- professional level. So the number one fund manager, so investment manager of all time, was a guy named Jim Simons, and he ran a fund called the Medallion Fund.
There's a whole book written on him about, named The Man Who Solved the Market. Now what did he do and what performance did they have? They had a 66% a year on average growth rate in the fund for 30 years.
Wow.
So they were averaging 66% a year for 30 years. So he became the most successful, manager of all time, and what were they doing?
They were running trading algorithms inside their fund. That was 100% of what they did in the fund. So they found statistically significant trading strategies, which means that it had, positive expectancy over time where, which means that it was profitable over time. They would take a trading strategy, build that into a software, and then run that software inside of [00:15:00] their fund.
And they had probably hundreds of different trading systems because they were managing billions of dollars. There's also another firm named Jane Street that, is a newer they're over 20 years old, but people are just starting to find out about them because they're making $5 billion a month, okay?
And their profit margin on the 5 billion in revenue a month is like 3.4 billion, and they're doing that with 3,500 employees. So they're actually the most efficient company of all time with, when you look at companies with over 1,000 employees So when I was thinking about in- just investments, I'm like, "Who is dominating this game?"
And it- all of the companies that are dominating are using technology and, trading algorithms inside of their funds. So there's no denying that using some level of technology is really smart inside of your investment portfolio. Now, maybe you're not gonna become Jane Street and Ch- Jim Simons on the Medallion Fund, but at least you have an opportunity.
So what we do is [00:16:00] instead of pooling together assets into a fund, every single user that we have, which we've had over 3,500, will put money into their own account, into their own brokerage account. So just like you were opening up an account with Schwab, right? Or some- broker, right?
You're putting money into that account, then you are licensing the trading strategy from us. You're just paying a flat fee a month to use the software, and that software comes with default settings. So we educate everyone that's using the system about how it functions, how it trades, all of the testing that we've done, all of the live performance, which we have everything verified online.
It's all public information. And then they just connect that software to their own brokerage account and watch the account grow, and they can increase or decrease the risk that they want inside- of the account. It comes with default settings, but they can adjust a few small settings in that account.
So they have liquidity, which means they could deposit on a Monday and withdraw on a Wednesday if they wanted to. So it's a [00:17:00] lot different than, investing into a fund where you have to invest for three years or whatever it may be. and we're giving the power back to them and empowering them with technology as a piece of their portfolio.
So that's interesting. So this is more of a kind of like an add-on to their own brokerage account, right? Is it... And is the tech... I'm assuming the tech is, it works for any brokerage account, right? There, there's really no, a limitation to or, specific brokerage account that you can and cannot use?
there's probably 100 plus that it works with, so it's not every single one. They have to integrate with a certain type of API. Yeah. 'Cause the algorithm has to go through the API to trade. So not every single broker has it, but yeah, there's a, quite a lot of options. And we trade in different markets too, like the one that we're gonna actually give you guys for free to test for the next 90 days, it trades gold only.
And, but it trades like a regular gold contract, [00:18:00] and it also trades the gold futures contract. So it, it'll trade two different like contracts on gold, and there's different brokers that support, different contracts for it.
you were talking about the Medallion Fund and, I was looking it up quickly, right? And their algorithms and their software was running pre, pre-AI, right? Yeah ... and that's crazy. Crazy to think that all that computing power, being that successful was run pre-AI. And yours is AI run now, right?
Is that correct?
Yeah, a fair amount of our... First of all, a lot of our development is done by AI, so we lean on, on, on AI heavily to help us develop the system, code the system, optimize the system. And then some of our systems do use AI to adjust the settings as the market is kinda changing. So it kinda depends which one but, yeah, I would say the majority of our systems are technical based, so they'll watch price action and volume and different types of indicators to, [00:19:00] to wait for those signals to trigger.
Once they trigger, then the algorithm executes the trade, manages the trade, and then closes the trade. The crazy thing about the Medallion Fund is apparently Jim Simons was using AI in the '80s.
Really?
So way before pretty much anyone- Crazy ... knew even what it was. Yeah, I didn't know that AI was that old.
I had no idea. I thought it was like- But, yeah ... Yeah.
What computer was he using? It's probably the size
of a refrigerator. Just their own models.
That's
crazy. They were building- Yeah ... they were building it themselves. Yeah, so AI's been around a lot longer than people believe.
Oh, wow. It just has caught fire in, like- Yeah ... the retail and, ev- everyone getting access to it now with ChatGPT and Claude and all that. So it's just now having this parabolic rise, but it has been being built for quite some time.
Yeah. It's just been commercialized, right? So a lot of the things- I think that behind the scenes were, even like very similar to, in the telemedicine space of like we do, right? [00:20:00] Like people were just building your own native systems, and you were getting it to where it was completely automated. It's a brain. You're building a brain. You're training a brain.
It's the kind, the same as, AI, which again is like really interesting 'cause my understanding from all the successful hedge funds and like venture groups is they... That- that's the one of the key differences is that they... It is. It's this very like interesting proprietary system thatyou know, hel- helps, differentiate their portfolio.
Exactly. Yeah. It gives them an edge.
You know- I need a little bit of that edge. Just
Now, some people are like, "Hey, algorithmic tradingwe don't really believe in it," or, "Hey, this is just a fad." a- and somewhat has some sort of like credibility problem, right?
So some, this is just a lot of hype, right? So when you're trying to convince people, hey, this is what you look for when in, in a in a program like Nerd that, that use algorithmic training, what are the things that people should be looking out for? What are the red flags in terms of, what to avoid, so forth and so on?
Yeah. I would say make sure to work [00:21:00] with companies that have real people behind them. Some of the companies don't even talk about who's behind them. you can see a lot of our employees online. We're, we've got open positions that we're hiring for. We've got a real product department and quants that help us build the strategies.
But even outside of that, it's reallypeople are gonna get into some type of investment usually because they believe that it's most likely gonna grow their money. So what is the best way to have an idea that it has worked previously? it's to look at live performance. So we have our live performance track record verified by two third parties And one of them is public information that you can see right online.
It's through a third party called MyFXBook, which we just give them, it's a third party, they're like an analytics company essentially, where you give them the brokerage account number and something called an investor password, which means it's just a view only password really, where they can view all the trades that has happened in the account since inception, and [00:22:00] that is posted all online.
So it pulls all of the data out of our brokerage account that was running the strategy, and then says, "Hey, here's the growth curve over that period of time. Here's where it lost money, here's where it made money. Here's the win rate, here's the profit factor. Here's all these statistics. Here's the month by month performance."
And that updates almost every day.
So that is live right online, and it's public, and it's through that third party. And then we also send the brokerage statements to another third party that verified that what MyFXbook is saying is also correct. So we've sent that to two different third parties, they've both come back with right around the same data and said, "Yeah this is, this performance is real."
So that, and then I would say too that's important is for anyone listening to this as well, we offer a free demo, which again, is what we're gonna give you. So what that looks like is you can actually license the trading system into an account that has paper money, so it's not real money. [00:23:00] It's just $100,000 typically is what they put in the account, and you can watch the algorithm trading live in that account.
But again, you're not risking any capital. So you can just watch the algorithm. You can see it on a chart, like literally right in front of your eyes. You can watch gold going up or down, and you can see the algorithm entering trades and exiting those trades, and managing those trades as they progress. So it's really fun to watch, and then obviously you could go connect that account, that demo account to, a MyFXbook or whatever third party you want to see the data.
And then you can also see it inside of our portal as well. So it's a great way to just know, 'cause then you can look at our live track record online and say, "Oh, okay, the account entered 20 trades last month," let's say for example. My account also entered 20 trades, and it entered right around the same price, and I had right around the same performance.
So obviously this thing is functioning as, it, th- they've stated. So I'd say that's pretty important. If you can work with a company that [00:24:00] like really double verifies their performance, and then also gives you an opportunity to test it without really risking money, I think that's a pretty big no-brainer.
Oh, That's awesome. it's almost like monopoly money and just seeing it grow.
Yeah.
That's super cool. the... I think the scariest part of all of this is again, like for somebody who really like- I, I would go into these things, like very trusting, right? Like I, I really trust my accountant.
I really trust my financial advisor, right? Like I am trusting what they're doing. If I lose money or something, it's okay. But if you're able to get your eyes on it, see it, firsthandit's, yeah, it's like a video game a little bit, , like it's, a little fun.
It's so funny 'cause I always talk to my kids and my... I have two high schoolers, and they're getting to the place where it's like the guys, like w- like one wants to be a professional soccer player. okay, but like really, like what are you gonna do though? And his joke is always "Day trading."
And I'm like, "Ah, no, like that's such a fad." Yeah ... but it is to me, it gives me that sense of ooh, like this would be fun to, even maybe help, educate [00:25:00] kids on, to your point, like what your dad did, when you were growing up. Help, you know- Educate people on just like the financial literacy side as well.
Definitely, yeah. And just so you know, I've looked at a bunch of different studies, and then it's 96% of like retail day traders, when they trade for multiple years, lose money.
Oh.
And it's a really hard thing to do. your emotions swing really big when price is moving fast, and y- most people don't even have a strategy.
They haven't back-tested the strategy. They don't even know if the strategy works. They just saw a YouTube video and said, "Oh, that's a pattern that they said on YouTube. Let me enter the trade, and then let's see what happens," And that's- Yeah ... that's the extent of their strategy, And it... our...
we do our best to try to give the benefits of trading, which there's a lot of benefits to trading, and try to take back a lot of the drawbacks of trading, which is staring in front of a computer, all day, waiting for your setup, being patient enough to wait and sit there, and then enter only when [00:26:00] your exact strategy presents the opportunity, and then managing that trade, and going through the emotional swings.
we do our best to try to take away all the pain points of trading by getting the benefits. So yeah, if you guys,test the account, which again, we'll give you for free to test for the next 90 days, and maybe you even have your son take a look at it and he can watch it, I think it'd be pretty cool for him to see.
Yeah.
Yeah.
Sounds fun.
how old were you when your dad did that, by the way? Just wondering.
I think I was like 13. Yeah. Maybe even, maybe 11. Yeah, 11, 13. I was pretty young. But I- Yeah ... I understood, what companies were and things like that.
Yeah.
No, it's funny 'cause our kids are that age, Phoebe?
You, you have older kids than I do, but... And I was thinking about the same thing, and how do I teach my kids, kinda financial responsibility and how things work, and this may be just a great idea. help, jumping into the test account with them and saying, "Hey, this is kinda how, the investments work," by watching this algorithm.
Yeah. And you'll see it go up and down too. I get... it usually has a 70% win rate, [00:27:00] so 30% of the trades it's losing. Yeah. It has had some losing months, so you will see, the swings of up and downs. And nothing is perfect. even if you invest in the S&P 500 sometimes you have big down months, sometimes even years.
But that's just part of investing. You gotta understand in that. So yeah, it will have, a pretty cool, fun growth curve to watch.
Yeah.
That's cool.
I always get, weary when it's always just,up and up, 'cause the one thing I know a lot about is Ponzi schemes.
Documentaries. so it's always, that's always the thing. They're like, "We were just getting so much money. It was such a great investment." Yeah. So it's always funny- But that's perfect until it's not ... kinda you wanna, actually lose a little bit so you can actually verify, okay, this is legitimate.
so no, just funny.
Exactly.
Awesome. we're closing in on time. How, how do they get in contact with you if you wanna learn more and, test out the, the test account?
Yeah, I think the URL should be below,this this podcast, but also, I think it's, start.nurp.com/ [00:28:00] or /doctors.
So
if you just go to start.N-U-R-P .com/doctors, you should be able to go to that link, and then you can go right into the demo. So exactly what we're doing here, you're gonna license the same strategy that we're running, and you can test it for yourself and just run it in a demo environment, and it'll be cool.
I think we're gonna most likely talk again at some point, but it'll be fun to, to watch your progress over the next 90 days and kinda compare and see how it does.
Yeah. No, definitely. I'd love to talk that. Also, going through your site, talking about the different algorithms and just getting the nuts and bolts on what to do, this is l- right up th- I know my alley, It's plug and play, right? And you don't have to do it. The program does the work and the trading for you, and it's really just trust in the algorithm or which algorithm you choose, right?
Yeah.
So-
...
that's, I think that's freaking amazing 'cause yeah, it's lasting on my mind, really.
I just want my money [00:29:00] to work for me, behind the scenes. Yeah.
and I think so many physicians, to, to Leo's point earlier, are at that interesting phase,of their kind of, life- ... and their journey. They've done their... they've built their career.
They're ready to invest. To, to your point, I see so many go into real estate. I come from a family of, just heavy, in the real estate where I'm like... I don't wanna do that, 'cause like you said, it turns into you're managing apartment complexes and all this, kind of stuff.
It's gonna be really interesting, I think, for a lot of our, physician colleagues, even, our friends that, that I think are gonna just find so much value in this. Because, again, I think they go for some of the traditional investment paths mainly just because they didn't learn it, and they might not be super interested, and they just wanna see some sort of return on all their hard work.
And this is so cool. I'm actually really excited to try the demo out and, like- Yeah,
same ...
just kinda, again, just educate myself just because this has been something I've avoided for a long time, and I think I'm at that place where it, yeah, I can no longer avoid it.
So thank [00:30:00] you
so much-
Yeah, you gotta- ... for coming
on the show ... you gotta take control of your finances at some point, or if not, you're gonna have kinda the golden handcuffs where, you're stuck in your practice or your business- Yeah ... and, you can't ever get out. So you gotta make your money work for you in some way.
Yeah.
Yeah, no, that, that's what a lot of our audience is looking for and trying to break that. So this definitely fits right up that alley, and yeah this hits home, right? 'Cause a lot of us are looking for that, looking for the way out. Again, Jeff, this is Jeff Sickinger, with Nirp. Thank you for joining us.
We'll talk again soon. Yeah, you're welcome. And I'm super excited to see how it goes. And yeah, Phoebe, anything else?
No, just, yeah, thank you so much. I'm sure, when you get back on the show, we're gonna have a lot more... I know I will have a lot more questions for you.
Totally,
yeah ... but, I think just one, one thinglike a lasting thought is, what is some of one, like what is like a really big mistake that you've seen people make that you just wish more people knew when it came to investing?[00:31:00]
Yeah. I think that sometimes people don't understand it's all about the return that you're getting relative to the risk that you're taking. So oftentimes people will, an extreme example is, meme coins, right? They hear about the person that put- ... you know, $1,000 into a meme coin, and they made $10 million, right?
Yeah. And they're like, "All right. Let me go buy a bunch of meme coins." But what you don't hear is the other 30 million meme coins that have been released that went to zero, right?
So the probability of you doing well putting money into meme coins is very low, but they just hear the top-line number of, a 10,000% return, and they wanna put a lot of their money into it.
So it's all about understanding kind of the return relative to the risk that you're taking, and then not oversizing your investments. I think that's the biggest mistake. I've seen people sell businesses, make tons of money, I'm talking about millions of dollars, and then they find, one investment, and they just go all in on that one [00:32:00] investment, and then they end up losing all the majority of the money that they had in there.
And I think that's the most important thing. So we love to see people just start small. you could start with as little as $10,000 in an account. It does need some money for it to function properly. But in the demo environment, obviously you're not risking anything. But after that, just putting, a small chunk of, like a $10,000 deposit- Yeah
A- and then setting your own risk parameters. You can do that very easily. And then you can grow the account, and then you can add money at a later date. But I think that's the most important thing, is just starting small, getting your feet wet in investments, and not over-allocating. Do not put too much of your money into one thing, especially things that you're just, learning how to use or learning about a new asset class.
So I'd say that's probably the number one thing.
Yeah. Makes sense.
Sweet. No thank you for your advice. definitely looking forward to, testing out the algorithm, and I'm looking forward to having you back.
I already created my [00:33:00] account.
It says, "Rental period for 30 minutes." You're one step ahead . I'm gonna be putting my timer on and get- getting- ... started. That's crazy. Just watching it
roll.
Yeah.
I
love it. I'm ready to roll.
That's awesome.
Yeah, so you logged into the portal and everything? Yeah.
Yeah. So I just did it. I just signed up for my free account, so it says I'm in.
Let's get you live. Let's see if I got an email yet. Awesome.
Yeah,
very simple. But yeah, I'm gonna- Like, do
the demo ... I'm gonna get
in
there. No wonder you were quiet for, 30 seconds.
I know. Whenever I'm quiet, I'm up to something. It was like,
done. You
know?
That's funny.
Sweet.
yeah, it'll be fun to watch it.
Let's, let's get it live in the next couple days, and then, we'll check back in here soon. Yeah,
awesome. Yeah, sweet. No, thank you for your time. I'm looking forward to talking to you more.
No problem. Thank you so much.
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