He stated $250k to $300K per year for GPs which is the norm. There was an MOM study some years ago where salaries of the health industry was done. At the age of 35, that was the figure stated. You are also right that Banks extend generous loans to the doctors. Those who began practising from the 70s to now benefited tremendously from capital appreciation. I remember Dr Nalla Tan's and her cohort made a killing in the property market not because they were speculating but they at their time were in the top salary band except for Businessmen. When she and her husband passed away, the sons sold it for couple of millions to their neighbour Peter Seah.
That sort of buying is not possible now but they still will well off compared to the 90% of society. And you are also right about the lucrative cosmetic practice which I understand has much more profit.
That sort of buying is not possible now but they still will well off compared to the 90% of society. And you are also right about the lucrative cosmetic practice which I understand has much more profit.
Stop your bloody whining. I don't care how little or how much a Dr makes, but every doctor I know have investment specialist coming out of their ying yang. Very easy for them to qualify for bank loans and many invest in properties and stocks. Some buy the building they have their office in, rent simi? They make tons of money from all these non medical income, as well as they do botox and other shits. Some of them, the income from cosmetic practice is as much as from their core medical practice. My family doctor has an investment property in London, as well as several ones here. before you come here and fake out people about how hard Dr. work, and how little they earn, why don't you tell them the whole picture. If you are not one of those doctors that are engaging in these other investment opportunities, maybe you should start?