As a PhD (in training), you face unique money challenges that stem from your low stipend/salary during your years of graduate school and postdoc training. Listen here for the hard-won financial wisdom of your fellow graduate students, postdocs, and PhDs with Real Jobs. From budgeting and frugality to investing and debt repayment, this podcast is your higher education in personal finance.
…
continue reading
Welcome to the Passive Income Pilots Podcast – the show designed to help pilots climb to new levels of financial success. Join Tait Duryea & Ryan Gibson, both airline pilots, business owners and investors, as they interview top experts and share practical knowledge on real estate, tax strategy, passive income and generational wealth. This one-of-a-kind show created specifically for professional pilots offers applicable strategies and tactics for improving your financial life. Whether you're ...
…
continue reading
An archive of each full weekday episode of the award-winning program presented by Stephen Grootes.
…
continue reading

1
SA food crisis & special broadcast on corporate kindness
1:14:39
1:14:39
Play later
Play later
Lists
Like
Liked
1:14:39Stephen Grootes speaks to Georg Southey, Manager at Merlog Foods, about the urgent need for government action as South Africa faces a worsening food crisis. The ban on Brazilian chicken imports, following a bird flu outbreak in one province, risks deepening hunger, especially among vulnerable groups like children on school feeding schemes. In other…
…
continue reading

1
Mining sector uncertain over MPRDA bill, Harmony Gold buys Aussie copper mine
1:17:18
1:17:18
Play later
Play later
Lists
Like
Liked
1:17:18Stephen Grootes speaks to Peter Leon, mining expert and partner at Herbert Smith Freehills, about the Minerals Council’s disappointment as the MPRDA bill proceeds without industry feedback. The Minerals Council South Africa has raised concerns after the government moved ahead with changes to the MPRDA without considering industry input. In other in…
…
continue reading

1
#112 - The Tax Strategies Every Pilot Should Know in 2025 with Thomas Castelli
47:15
47:15
Play later
Play later
Lists
Like
Liked
47:15In this episode, Tait Duryea and Ryan Gibson welcome CPA Thomas Castelli of Hall CPA to break down the latest tax developments affecting high-income earners. From the potential return of 100% bonus depreciation to how the real estate professional status works in practice, Tom shares key strategies to help you keep more of what you earn. Whether you…
…
continue reading

1
Africa's Financial Future & The Business of Wellness with Lisa Raleigh
1:20:25
1:20:25
Play later
Play later
Lists
Like
Liked
1:20:25Stephen Grootes speaks to Daniel Mminele, Nedbank Chairman about Africa's vulnerability to escalating global economic uncertainty and the need for the continent to lead reform efforts, particularly in sovereign debt architecture, global financial safety nets, and climate finance, with South Africa's 2025 G20 presidency presenting a pivotal opportun…
…
continue reading

1
Is Elon Musk’s satellite rushing towards SA?
37:46
37:46
Play later
Play later
Lists
Like
Liked
37:46Stephen Grootes spoke to Duncan McLeod, Founder and Editor at Techcentral about the proposed policy direction for satellite operators in South Africa, which aims to establish a new licensing framework and potentially allow companies like Elon Musk's Starlink to operate in the country through an equity equivalent regulatory change. In other intervie…
…
continue reading

1
Investec talks R2.5bn buyback & do investors shape corporate direction?
1:16:57
1:16:57
Play later
Play later
Lists
Like
Liked
1:16:57Stephen Grootes speaks to Cumesh Moodliar, CEO of Investec Bank, about the bank's strong performance, with a 7.8% increase in profit. Investec will pay a record dividend for the third year after the bank’s operating profit surpassed the R24 billion mark for the first time. In other interviews, Vincent Anthonyrajah, CEO and co-founder of Differentia…
…
continue reading

1
#111 - Five Investing Strategies for High-Earning Pilots
44:56
44:56
Play later
Play later
Lists
Like
Liked
44:56Get ready to fast-track your financial freedom. In this power-packed solo episode, Tait Duryea and Ryan Gibson share the top strategies from over 110 episodes of Passive Income Pilots. From unlocking hidden cash in your 401(k) and home equity to leveraging life insurance and short-term rentals for major tax breaks, they distill years of pilot-speci…
…
continue reading

1
Budget 3.0 & special broadcast of Trump-Ramaphosa meeting
37:03
37:03
Play later
Play later
Lists
Like
Liked
37:03Stephen Grootes speaks to the Minister of Finance, Enoch Godongwana, about the budget speech, and they analyze some of the big announcements that came out of it. In other news, there is a special broadcast of the bilateral relations meeting between President Cyril Ramaphosa and President Donald Trump in Washington D.C. The Money Show is a podcast h…
…
continue reading

1
President Ramaphosa meets US president & why exporters remain jittery over American Express (Amex) service.
1:15:39
1:15:39
Play later
Play later
Lists
Like
Liked
1:15:39Stephen Grootes speaks to Tshidi Madia, Associate Politics editor about President Cyril Ramaphosa's upcoming meeting with Donald Trump, where they'll discuss business opportunities, including potential deals with Elon Musk's companies, Tesla and Starlink, amidst strained relations between the two countries. In other news, Terry Gale, chairperson of…
…
continue reading

1
Special tribute to the late Issie Kirsh, founder of Radio 702, company financial results & the art of scouting film location
1:20:26
1:20:26
Play later
Play later
Lists
Like
Liked
1:20:26Tributes pour in for late Issie Kirsh, founder of Radio 702.Chief executives of Famous Brand, Netcare and Astral Foods take Stephen Grootes through their respective companies’ financial results. In other news, Julia Finnis-Bedford, Founder of Amazing Spaces talks about scouting film location business, leadership philosophy and relationship with mon…
…
continue reading

1
B20 South Africa champions continent-wide growth at Africa CEO Forum & Mabotho Africa, luxury leather goods
35:54
35:54
Play later
Play later
Lists
Like
Liked
35:54Motheo Khoaripe chats to Dr Anthony Costa, the Head of Secretariat for B20 South Africa about how thoughtful financial decisions and forward-thinking regulations can pave the way for sustainable economic progress In other interview: Motheo Khoaripe chats to Thobekile Mkhize, founder and CEO of Mabotho Africa about luxury leather goods and the busin…
…
continue reading

1
US agencies barred from involvement in SA’s G20 Summit & Rand rockets as deputy finance minister signals inflation-target shake-up
1:17:49
1:17:49
Play later
Play later
Lists
Like
Liked
1:17:49Stephen Grootes in conversation with Vincent Magwenya, spokesperson to the President and Khay Sithole, an Independent Political Analyst chat about the US government banning US Agencies from writing reports on the G20 summit, this as US president Trump continues to throw allegations of a white genocide in South Africa. They also touch on President R…
…
continue reading

1
The sad case of iThala and the limping Post Bank & Middle Class under pressure
1:19:47
1:19:47
Play later
Play later
Lists
Like
Liked
1:19:47Stephen Grootes in conversation with Stuart Theobald, Financial Analyst and Chairman at Krutham chat about the struggles of Ithala Bank and Post Bank, highlighting a deep-rooted challenge in South Africa’s financial sector. They also touch on the reflection that there is tension between financial inclusion and regulatory oversight, raising question…
…
continue reading

1
32.9% of South Africans without jobs & Suez Canal cuts fees to revive trade
1:19:11
1:19:11
Play later
Play later
Lists
Like
Liked
1:19:11Stephen Grootes speaks to Sharmi Surianarain, Chief Impact Officer for Harambee Youth Employment Accelerator about South Africa's rising unemployment crisis, with the official rate hitting 32.9% in Q1 2025 and the expanded rate reaching 43.1%, highlighting a challenging job market. In other interviews, Timothy Walker, Maritime Senior Researcher at …
…
continue reading

1
#110 - The IRA Club Advantage: The Self-Directed IRA Strategy for Pilots with Ramez Fakhoury
54:06
54:06
Play later
Play later
Lists
Like
Liked
54:06In this episode, hosts Tait Duryea and Ryan Gibson welcome Ramez Fakhoury from IRA Club. This episode dives into how pilots can unlock old 401(k)s, TSPs, and HSAs for real estate and other alternative investments. Hear a detailed story of a Southwest pilot transitioning to American Airlines and learn what decisions made the biggest impact. Whether …
…
continue reading

1
Boxer retail soars as people's champion & US-China 90 day trade truce
1:19:10
1:19:10
Play later
Play later
Lists
Like
Liked
1:19:10Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council and Donald MacKay, director at Xa International Trade Advisors on China, about a 90-day pause to trade war between China and the US. In other interviews, Marek Masojada, CEO of Boxer Supermarkets, discusses the company's impressive first-y…
…
continue reading

1
US-UK deal drops Trump-era tariffs & Pomellato's unity collection
34:46
34:46
Play later
Play later
Lists
Like
Liked
34:46Ray White speaks to John Stopford, Head of Multi-Asset Income, NinetyOne Asset Management US-UK tariffs deal about the US-UK agreement that scraps Trump-era tariffs on vehicles and metals. In other interviews, Debbie Hathway, Watches and Jewellery writer talks about Pomellato's latest Together collection, showcasing elegant jewellery that embodies …
…
continue reading

1
Daybreak foods in crisis & global mega trends shaping investments
1:19:03
1:19:03
Play later
Play later
Lists
Like
Liked
1:19:03Stephen Grootes speaks to Sabelo Skiti, Investigative journalist with Sunday Times about the unfolding humanitarian crisis at Daybreak Foods, where unpaid workers and starving chickens are facing unimaginable hardships amidst the company's financial collapse. In other interviews, we reflected on the new Pope's announcement with Father Russel Pollit…
…
continue reading

1
Bank charges under scrutiny & Two-Pot retirement withdrawals rise
1:13:53
1:13:53
Play later
Play later
Lists
Like
Liked
1:13:53Stephen Grootes speaks to Michael Jordaan, Co-founder of Bank Zero about the Financial Sector Conduct Authority's (FSCA) and Kokkie Kooyman, Executive Director & Portfolio Manager at Denker Capital about concerns over significant disparities in bank fees for similar products and services, and the authority's efforts to assess and regulate these pra…
…
continue reading

1
Shadow economy exposed in SA Illicit economy report & Hollywood tariff proposal
1:13:54
1:13:54
Play later
Play later
Lists
Like
Liked
1:13:54Stephen Grootes speaks to Philippe Van Gils, Director of Illicit Trade Prevention at Philip Morris International about the organization's latest report on illicit trade in South Africa and proposed public-private partnership to combat the issue. In other interviews, Anat Singh, SA Film Producer discusses the potential impact of Donald Trump's propo…
…
continue reading

1
#109 - The Flight Plan for Syndications: Risk, Returns, and Real Wealth
39:19
39:19
Play later
Play later
Lists
Like
Liked
39:19In this episode, hosts Tait Duryea and Ryan Gibson deliver an in-depth, pilot-friendly primer on syndications and passive real estate investing. They break down the risk spectrum from core to opportunistic deals, while sharing real-world analogies and experiences from their own projects, like the Canyon City land entitlement. Learn how to properly …
…
continue reading

1
SA's unemployment fix & Buffett's legacy
1:17:35
1:17:35
Play later
Play later
Lists
Like
Liked
1:17:35Stephen Grootes speaks to Mamokgethi Molopyane, Mining and Labour Analyst about the recent amendments to the Code of Practice on Dismissals and potential impact on South Africa's unemployment rate and labour laws. In other interviews, Deon Gouws, Chief Investment Officer at Credo, and Warren Ingram, Co-Founder of Galileo Capital, reflect on Warren …
…
continue reading

1
How This DDS/PhD Student Purchased a Condo in San Francisco
35:55
35:55
Play later
Play later
Lists
Like
Liked
35:55In this episode, Emily interviews Hannah Takasuka, a 3rd-year PhD/DDS student at the University of California, San Francisco. Hannah is in the process of purchasing a condo in San Francisco as part of a governmental program to provide affordable housing. Hannah overcame multiple hurdles in the journey to home ownership, including being rejected by …
…
continue reading

1
SA's R2bn Ithala guarantee & FARO's AI fashion fix
42:13
42:13
Play later
Play later
Lists
Like
Liked
42:13Motheo Khoaripe speaks to Khaya Sithole, independent analyst about the R2 billion guarantee approved by Finance Minister Enoch Godongwana to secure Ithala Bank's retail depositors, amid controversy and opposition from KwaZulu-Natal finance MEC Francois Rodgers. In other interviews, Faro Co- Founder Amber Penney chats about how the startup Faro is u…
…
continue reading

1
Unions shape SA's future & Why care is currency: The benefits war
1:23:38
1:23:38
Play later
Play later
Lists
Like
Liked
1:23:38Motheo Khoaripe speaks to Andrew Levy, Labour economist on the role of unions in South Africa's socio-economic landscape and to Blessing Utete, Managing Executive of Old Mutual Corporate Consultants about on how employee benefits are driving the talent war. In other interviews, Grant Nader, Portfolio Manager at Benguela Global Fund Managers chats a…
…
continue reading

1
SA's 3rd budget try & the cost of insurance claims
1:20:39
1:20:39
Play later
Play later
Lists
Like
Liked
1:20:39Motheo Khoaripe speaks to Duncan Pieterse, Director-General of the National Treasury of South Africa and Khaya Sithole, independent analyst about the R75-billion shortfall and the revised budget plans following the withdrawal of the proposed VAT increase In other interviews, Consumer Ninja Wendy Knowler chats about how insurance companies often dro…
…
continue reading

1
#108 - Case Study: Real Estate Professional Status That Held Up in Court with Brandon Hall
21:04
21:04
Play later
Play later
Lists
Like
Liked
21:04In this episode, Tait Duryea flies solo to spotlight a powerful tax strategy many high-income earners overlook: real estate professional status. Featuring Brandon Hall from Hall CPA, this episode breaks down a real tax court victory by a harbor pilot who leveraged a flexible W-2 job schedule to claim REP status and unlock massive tax savings. Disco…
…
continue reading

1
VAT hike that never was retail count costs & oil woes
1:17:35
1:17:35
Play later
Play later
Lists
Like
Liked
1:17:35Motheo Khoaripe speaks to Zinhle Tyikwe, CEO of the Consumer Goods Council of SA, about the costs incurred by retailers due to the last-minute cancellation of the planned 0.5% VAT hike. In other interviews, Motheo Khoaripe discusses the US-China trade war's impact on oil prices and the global economy with Manqoba Madinane, Strategist: Fixed Income,…
…
continue reading

1
Beef prices skyrocket & Saray Khumalo shares money, risk, and reward
1:25:14
1:25:14
Play later
Play later
Lists
Like
Liked
1:25:14Jane Dutton speaks to Thabile Nkunjana, agricultural economist about the impact of high cattle feed prices and a shortage of slaughter-ready cattle on beef prices, affecting local supermarkets and butcheries. In other interviews, Saray Khumalo, the trailblazing explorer and mountaineer who became the first black African woman to summit Mount Everes…
…
continue reading

1
R100bn BEE Fund debate & helicopter tours: SA's economic & tourism boost?
39:48
39:48
Play later
Play later
Lists
Like
Liked
39:48Stephen Grootes discusses with Ndumiso Kubheka, Head of Economic Policy Desk at the Association of Black Securities and Investment Professionals, the outcomes of a meeting between the Association and Investment Professionals, the Minister of Trade, Industry and Competition, and Financial Services Sector CEOs, focusing on the Transformation Fund's i…
…
continue reading

1
Vat hike scrapped & central bank policy impact
1:23:21
1:23:21
Play later
Play later
Lists
Like
Liked
1:23:21Stephen Grootes speaks to Busi Mavuso, CEO at Business Leadership South Africa, Charles de Wet, Executive at ENS in the Tax practice as well as Alan Mukoki, CEO at Sacci about the reversal of the 0.5 percentage point VAT hike, announced by Finance Minister Enoch Godongwana, and what this decision means for South Africa's fiscal sustainability and e…
…
continue reading

1
Capitec soars 52%! and SAA plots new flight path
1:23:41
1:23:41
Play later
Play later
Lists
Like
Liked
1:23:41Stephen Grootes speaks to outgoing Capitec CEO Gerrie Fourie about his record-breaking R104m remuneration package, amid the bank's impressive 52% share price growth and 30% increase in headline earnings. In other interviews, SAA's CEO John Lamola discusses the airline's ambitious five-year turnaround plan, which includes a R2.25 billion investment …
…
continue reading

1
IMF warns downturn, gold hits $3,500: VAT hike impact & risk strategies
1:20:07
1:20:07
Play later
Play later
Lists
Like
Liked
1:20:07Stephen Grootes discusses with Lumkile Mondi, Senior Lecturer at School of Economics and Business Science of the University of the Witwatersrand, the International Monetary Fund's downgraded global growth forecast amid Trump's tariff policies, alongside the surge in gold prices to a record $3,500 per ounce, driven by a weakening US dollar and marke…
…
continue reading

1
#107 - Take Control of Your Capital: Infinite Banking Strategy With Brent Kesler
38:43
38:43
Play later
Play later
Lists
Like
Liked
38:43Host Tait Duryea sits down with Brent Kesler, a seasoned life insurance strategist, to explore how pilots and high-income earners can build wealth by turning whole life insurance into a personal banking system. Brent breaks down the misunderstood "infinite banking" concept and how it can be used for real estate, debt payoff, or high-return lending—…
…
continue reading

1
Business Class Flights and Hotel Elite Status on a Grad Student Stipend
43:30
43:30
Play later
Play later
Lists
Like
Liked
43:30In this episode, Emily interviews Brendan Henrique, a fourth-year PhD student in education at the University of California, Berkeley. Brendan leverages his conference and research travel plus personal spending into free luxury travel by amassing credit card points and elite status at hotel chains. He breaks down how he pursues the points and miles …
…
continue reading

1
Godongwana warns of R13.5bn VAT hole & wine wins on tariffs
1:20:57
1:20:57
Play later
Play later
Lists
Like
Liked
1:20:57Stephen Grootes speaks to Dr Azar Jammine, Director and Chief economist at Econometrix and Sam Mkokeli, Business Times Columnist and political researcher about the R13.5bn financial gap if a VAT hike is halted. In other interviews, Michael Fridjhon, founder of Winewizard.co.za and Visiting Professor of Wine Business at the University of Cape Town e…
…
continue reading

1
FIC pushes for compliance, Itac to introduce fees
1:18:18
1:18:18
Play later
Play later
Lists
Like
Liked
1:18:18Stephen Grootes speaks to Christopher Malan, Executive Manager for Compliance and Prevention at the Financial Intelligence Unit about plans for SA to exit the grey listing and businesses that are not carrying their weight. In other interviews, Ayabonga Cawe, Chief Commissioner of the International Trade Administration Commission talks about the new…
…
continue reading

51
Jonas on US-SA Ties & Luxury Outlook
1:20:06
1:20:06
Play later
Play later
Lists
Like
Liked
1:20:06Stephen Grootes sits down with Mcebisi Jonas, former deputy finance minister and newly appointed special envoy to Washington, about advancing trade ties with the US. In other interviews, Evan Walker, Portfolio Manager at 36ONE Asset Management discusses Hermès surpassing LVMH in market capitalization, marking a significant shift in the luxury goods…
…
continue reading

1
#106 – Time Freedom and Cash Strategies with Brian Herriot
39:31
39:31
Play later
Play later
Lists
Like
Liked
39:31Hosts Tait Duryea and Ryan Gibson welcome financial strategist Brian Herriot for a thought-provoking conversation on redefining retirement and wealth. Explore the power of time freedom, why cash might be your most underappreciated asset, and how to build passive income streams that work for pilots and professionals alike. Brian shares practical tac…
…
continue reading

51
VAT hike dropped? Dr. Andrew Golding on making money
1:18:06
1:18:06
Play later
Play later
Lists
Like
Liked
1:18:06Stephen Grootes speaks to Alan Mukoki, CEO at Sacci about the rand's recent strengthening against the US dollar, which has gained about 1.2% to trade at R18.91 per dollar, driven by potential ANC backing down on VAT hike plans and a weaker dollar globally. In other interviews, Dr. Andrew Golding, CEO of Pam Golding Property Group, discusses his car…
…
continue reading

51
Agriculture under siege: Trade & economic shock
1:16:27
1:16:27
Play later
Play later
Lists
Like
Liked
1:16:27Stephen Grootes speaks to Bhekani Zondo, agricultural economist for Trade Research at the National Agricultural Marketing Council about the economic impact of VAT hikes, revealing declines in GDP and agricultural output, and explores solutions to mitigate effects on low-income households. In other interviews, Chantal Marx, Head of Equity Research a…
…
continue reading

51
China-US trade war & SA's restructuring challenges
1:18:50
1:18:50
Play later
Play later
Lists
Like
Liked
1:18:50Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council on China, about the escalating China-US trade war, where China has vowed to "fight to the end" against US tariffs, imposing an 84% tariff on American goods and filing a suit at the World Trade Organization. In other interviews, Simphiwe Mo…
…
continue reading

51
China hits back: 84% tariff on US goods in escalating trade war
8:31
8:31
Play later
Play later
Lists
Like
Liked
8:31Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council on China, about the escalating China-US trade war, where China has vowed to "fight to the end" against US tariffs, imposing an 84% tariff on American goods and filing a suit at the World Trade Organization. The Money Show is a podcast host…
…
continue reading

51
US-China trade wars & pension woes: What's next?
1:21:09
1:21:09
Play later
Play later
Lists
Like
Liked
1:21:09Stephen Grootes speaks to Professor Patrick Bond, political economist about the escalating trade tensions between the US and China, particularly with Trump's tariff announcements, and explores potential investment strategies amidst the uncertainty. In other news, Andrew Davison, Head of Institutional Business at Old Mutual, explains how to navigate…
…
continue reading

1
#105 - Buying and Building a Profitable Aviation Business with James Spearman
46:05
46:05
Play later
Play later
Lists
Like
Liked
46:05In this episode, Tait Duryea and Ryan Gibson are joined by James Spearman, owner of Spearman Aircraft and Iconic Rides. James walks through his journey of acquiring and scaling an aircraft maintenance business through seller financing, boosting its value through streamlined systems and strategic marketing. He shares the mindset and steps that helpe…
…
continue reading

51
Navigating trade tensions: SA's response & global impact
1:18:29
1:18:29
Play later
Play later
Lists
Like
Liked
1:18:29Stephen Grootes speaks to Deon Gouws, Chief investment officer at Credo and David Shapiro, Veteran Stockbrocker and Chief Global Equity Strategist at Sasfin about the global stock market downturn triggered by Trump's tariff announcements, with the S&P 500 plummeting 20% from its highs. In other interviews, Prof. David Monyae, International relation…
…
continue reading
In this episode, Emily shares her thoughts on whether PhDs are in a financial emergency. It’s possible that you are facing a financial emergency because you’ve been laid off or your grants have been terminated or interrupted or there’s some risk of that happening in the future. In this episode, Emily explores 1) what she learned from attending the …
…
continue reading

51
JSE in the red: Experts weigh in on GNU uncertainty and Trump's tariff impact
41:40
41:40
Play later
Play later
Lists
Like
Liked
41:40Stephen Grootes discusses the recent downturn in the JSE All Share Index with Goolam Ballim, Chief Economist at Standard Bank, and Johann Els, Group Chief Economist at Old Mutual, highlighting uncertainty surrounding the Government of National Unity (GNU) and the impact of US President Trump's 30% tariff on South African goods as key factors contri…
…
continue reading

51
US tariff tsunami: How a 30% hike will hit South African exports
1:24:54
1:24:54
Play later
Play later
Lists
Like
Liked
1:24:54Stephen Grootes leads a panel discussion examining the far-reaching consequences of the 30% US tariff on South African imports, with a particular focus on vulnerable industries such as wine production. In other interviews, Vincent Anthonyrajah, CEO and co-founder & Prof Adrian Saville, Professor of Economics and Finance at GIBS at Differential Capi…
…
continue reading

51
Budget passed and Mteto Nyati warns against quick fixes
1:23:04
1:23:04
Play later
Play later
Lists
Like
Liked
1:23:04Stephen Grootes engages in crucial discussions with Mteto Nyati, Eskom chairman, about the South African budget impasse being a missed opportunity for meaningful reform, opting for short-term solutions that will prolong the country's economic woes. Then political analyst Ongama Mtimka explores the potential implications of the budget vote showdown …
…
continue reading