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I believe I upset some folks on this thread when I was surprised by the salaries some were earning.
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Our incomes are less than you because we aren't as educated and skilled of a physician as you.Comment
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Well I imagine you came to this forum because you understand the importance of money. Am I wrong?Comment
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I’m working on it. Not quite financially independent yet.Comment
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“Mock all you want, but medical students and residents can potentially learn from threads like these on what factors can result in lower and higher salaries.”
MS students will not learn from this thread.
MS students have received excellent guidance here.
The rules of the game for making money as a physician are complicated. Fortunately or unfortunately it’s blurred so careers aren’t a race for the dollars.
Medscape paints a sufficient picture of compensation levels for MS.
Yes, family medicine makes a lot less than some specialties.
Yes, residency is competitive and leads to more choices.
Yes, fellowships are worthless comp wise in some and a necessity in others.
We are talking years and years of time invested in training.
MGMA and the specialty orgs have data for residents and fellows.
That spaghetti map is never presented.
Some careers are (no offense) shift work, if you are credentialed and an opening, you have a job.
Some are more below the surface, contacts lead to a spot in the next two or three years.
This thread will not add anything of value. The average salary of a physician in the USA is $313k. At best that is useful for a HS junior trying to pick a university that is considering different degree programs. ED, derm, FM,, IM mean absolutely nothing. SDN is appropriate for base comp ranges. MS too. Choosing a residency too.
Giving a lecture on geo arbitrage, ancillaries, extenders and FTE and building a panel will add zero for a MS.
Neither will average physician salary. Spaghetti career path confuses the career decisions. Do you really think this thread provides useful information?
One note: FLP, does $300k more with MA and PA with block time and choice of multiple clinics with surgical center interest you? Opportunity for fake Rolexes too! Lol.
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Your earnings are limited to that of a physician if you limit your self worth to the diploma that society says it's worth. Most resign themselves to their financially comfortable (but socially and emotionally chaotic) life as a physician and don't pursue their potential. That potential is achieved by a focus on passions and quality of life, not income. If you want to know what society rewards, perhaps you are asking the wrong question. The white coat investor investing actively in his/her many skills with a more legitimate puropse achieves far more than the passive investor of and for money.Comment
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“Well there’s only three components to net worth: income, saving, time. We can’t control time (age) so I’m asking about one of the two components we can control.”
Really? Total assets-total liabilities = Net Worth
No need to get into the weeds on definitions. By the way, NW is at one point in time, whichever you choose. Very controllable , it is required by definition. Talking past each other makes no sense.Comment
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can't help thinking this is all just troll bait.Comment
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Is this thread
Entertaining? Somewhat
Educational? NoComment
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What's funny is there are three responses to my original question:
1. Impossible to answer
2. Here's the median salary
3. It's a stupid question
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To be fair, you got a lot of responses to your many additional questions. It’s well established that you won’t get your global answers here. Sometimes, you get what you pay for.Comment
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What’s funny is there are three responses to my original question:
1. Impossible to answer
2. Here’s the median salary
3. It’s a stupid question
And they're all correct answers.Comment
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Ha I was going to say the same thing!Comment
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What’s funny is there are three responses to my original question:
1. Impossible to answer
2. Here’s the median salary
3. It’s a stupid question
And they’re all correct answers.
I believe the people who said it was a stupid question said so because they got upset when I said the medians sounded low.Comment
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What’s funny is there are three responses to my original question:
1. Impossible to answer
2. Here’s the median salary
3. It’s a stupid question
And they’re all correct answers.
I believe the people who said it was a stupid question said so because they got upset when I said the medians sounded low.
Nah, it was just a stupid question.Comment
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