How is life as a doctor in Singapore?

Originally Posted by Unregistered

He is an anomaly because hes in house. Private accountancy makes good money but its mot common or easy

So he’s in the top 10% and that’s only 250k-350k a year

I am literally bottom 10% (fired from Shenton and Healthway, that’s why doing locum) and yet I can pull in 20k a month consistently.

Originally Posted by Unregistered

So he’s in the top 10% and that’s only 250k-350k a year

I am literally bottom 10% (fired from Shenton and Healthway, that’s why doing locum) and yet I can pull in 20k a month consistently.

I mean no **** a doctor is better than an accountant. The only roles in finance that can beat a doctor in terms of earnings is investment banking, hedge funds, quants, PE, private wealth and these are the top 1 percent of finance roles. Even then, a private specialist beats 60% of high finance professionals when adjusted for risk as they love to do to justify their poor returns that lose to indexes. The 1% in finance will definitely triumph but thats real genius level stuff

More than happy to be doing fillers and lasers for 450k a year with further potential

In banking, in cost centre- most ppl will plateau around SVP earning 300-400k a year. I know I earn lesser than lawyer and doctor. But I am just trying to say that in banking, is not as low as u think. Normal ops, compliance, risk mgt SVPs can earn 300-400k. So ex IB, trader, asset mgt earning 500-700k a year is very common.

Ultimately is how u invest your money. I personally know 1 friend. The wife is my friend. Both husband and wife work in bank compliance. Salary is 15-20k monthly only in late 30s. They recently moved into landed bought at 3.5M during Covid. Now their landed is worth 6M. So I always believe, in life job is important. But investment is primary while job is secondary. Tell me any job can allow u to make hundreds of thousands and millions in a few years. I personally sell my bto at 1M and upgrade to condo under my name. I bought subsale and after 1 year, my condo unit increase by 300k. Is a mega development and I love it. I waiting for my wife to buy 2nd condo. I think if good income is good. But luck in stocks and property is equally or more important.

Originally Posted by Unregistered

Ultimately is how u invest your money. I personally know 1 friend. The wife is my friend. Both husband and wife work in bank compliance. Salary is 15-20k monthly only in late 30s. They recently moved into landed bought at 3.5M during Covid. Now their landed is worth 6M. So I always believe, in life job is important. But investment is primary while job is secondary. Tell me any job can allow u to make hundreds of thousands and millions in a few years. I personally sell my bto at 1M and upgrade to condo under my name. I bought subsale and after 1 year, my condo unit increase by 300k. Is a mega development and I love it. I waiting for my wife to buy 2nd condo. I think if good income is good. But luck in stocks and property is equally or more important.

Agree. Though I am not much of a property investor as the ROI is lower than the stock market. But good for doctors who cannot have time to learn how to invest as it is stable.

Property ROI may be low. But can leverage. Stocks most ppl dun dare to leverage for stocks. And property is better. I realized u buy stocks, u nv sell at right time. Your unrealised gain disappear. Property is confirmed to up de. U sleeping u holiday, surely go up. No investment in Singapore is so powerful.

Originally Posted by Unregistered

Do the candidates who are not picked know why they arent picked ?

It is the definition of opaque

Usually you can tell from the candidates' CV

In Singapore, there are a lot of ppl who make it big with property. Savvy doctors, lawyers and finance professionals will buy properties. If you are a normal GP or average lawyer who dun buy private properties, u will suffer in the long run.

Originally Posted by Unregistered

Usually you can tell from the candidates' CV

Although it is opaque, it does seem quite fair. Seniors from my med school with good CVs have had relatively high success rates in pursuing their goals specialty wise

Originally Posted by Unregistered

In Singapore, there are a lot of ppl who make it big with property. Savvy doctors, lawyers and finance professionals will buy properties. If you are a normal GP or average lawyer who dun buy private properties, u will suffer in the long run.

go and be a property agent if you are handsome/pretty

many older clients prefer young agents

propertylimbrothers raking in over 10M a year.. dragon tan raking in 6M a year