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11-11-2024, 03:32 AM
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Quote:
Originally Posted by Unregistered
Learn how to invest and open up new revenue streams.. one of my batch mates quit GS residency during Covid and went all-in locum at vaccination centres.. made over 1M from 2020-2022, and pumped all into Meta. Now share price almost 5X.. he’s already happily semi retired. While his friends are still stuck in residency
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I also pumped over 5m all into meta now 5x. You mean there were people who did NOT do this? I also pumped 1m into Bitcoin.
Why so stupid don't invest?
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11-11-2024, 08:51 AM
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Quote:
Originally Posted by Unregistered
How to invest if you are in residency trying to catch up sleep and study for exams? Not to mention the low salary.
That’s why just be a GP or aesthetic doctor. Less effort and intelligence needed. Can start investing earlier.
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Can borrow money to invest. max out credit cards.
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12-11-2024, 03:19 AM
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At what point do people give up on getting into residency and just become a RP or exit the public health system? Or should I be aiming for a less popular residency?
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12-11-2024, 06:45 AM
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Quote:
Originally Posted by Unregistered
At what point do people give up on getting into residency and just become a RP or exit the public health system? Or should I be aiming for a less popular residency?
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Most gave up during med school.. from my own experience. Most of my friends too entered medicine thinking it’s an easy way to make money. Until you start to realise the dredgery of clinical placements and exams. At this point, one can hardly fathom more years of hard work (residency).
Especially so when you see your classmates in other fields already married or buying houses. While you are still stuck in public and having to be on-call.
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12-11-2024, 11:02 AM
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Quote:
Originally Posted by Unregistered
Doctors are not stupid.
Stupid is as stupid does.
Crypto investing can be fun but it's high risk.
People who have made millions won't be trolling in these forums.
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Unless they are doctors who have made millions not doing medicine trolling doctors who think they can make millions doing medicine.
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12-11-2024, 02:19 PM
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In Medicine, do 1 of 2 options
option 1(if u are really solid):
Enter a residency for a well paying specialty, tough it out and eventually move to the private sector as a consultant. Save and invest judiciously throughout residency so u have money for capital requirements
option 2(if u are decent)
Train in aesthetics and leave PHI early. Make good money eaarlier and invest money into stock market/property/starting ur own clinic
both options will be great
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12-11-2024, 03:42 PM
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Hi Im a dukie graduating soon and was wondering if anyone could advise on how best to plan my finances because im getting married soon + moving into my bto.
I am not so sure how much HOs earn nowadays (after calls around 5-6k?)
Wife is a civil servant working in a ministry for the past 4 years
Is HO pay sufficient to help pay the bills? Should I delay marriage for another year?
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12-11-2024, 05:15 PM
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Quote:
Originally Posted by Unregistered
In Medicine, do 1 of 2 options
option 1(if u are really solid):
Enter a residency for a well paying specialty, tough it out and eventually move to the private sector as a consultant. Save and invest judiciously throughout residency so u have money for capital requirements
option 2(if u are decent)
Train in aesthetics and leave PHI early. Make good money eaarlier and invest money into stock market/property/starting ur own clinic
both options will be great
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Most people here are average so they can only go for option 2. The real residency gunners and consultant wannabe won’t even be on this forum. They live breathe and eat medicine all day. Nothing else excites them not even money.
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