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    1. Member 2ohgti's Avatar
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      05-02-2013 12:01 PM #76
      Quote Originally Posted by 6cylVWguy View Post
      You have no idea if those physicians are from money, if they really do make as much as you think just by working on patients, if they get supplemental money from other outlets (expert witness, CME speaker, consultants to pharma, etc), or some combination of the above. And in addition, some of the guys who are subspecialists will make quite a bit of money just for that very reason. You want some guy making $50k/yr and hating life repairing you're eyes? Seriously? I wouldn't. There's also a big difference between the specialists you know and the majority of physicians in some type of primary care field making say $150/yr and have at least double that in student loans. You painting everyone with the same brush is beyond silly.

      You can make a ton of money if you're smart about things and make the right choices---if obtaining large amounts of wealth is important, that is. Physicians are no different than anyone else in that respect.
      I agree with this. Making a lot of money is about making the right choices and at the right time. Physicians are no different. If you want to become a physician and don't come from a wealthy family the best choice would not go into family practice and specialize in neurology, oncology, internal medicine or psychiatry. Another good option is to join the military and have the Government pay for the education. The military is always looking for physicians like any hospital.
      Speaking of physicians-psychiatrist seem to be in very high demand right now. I spoke with a hospital CEO not to long ago who said she has been looking for a psychiatrist for over a year paying $750k a year.

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    3. Banned Chris Stack's Avatar
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      05-02-2013 12:06 PM #77
      The other nice thing about medicine is that it's highly portable. You can live essentially anywhere in the US and make a good living. Sure, you might make $300k in Iowa instead of $1.3M in Los Angelos, but $300k in Iowa is still good living. Versus my profession, where if I want to make $300k or anything close to it, I pretty much have to live near a major city, which is expensive, crowded, etc.

    4. Member AudiA4_18T's Avatar
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      05-02-2013 12:08 PM #78
      I really don't know why no one has said this yet, but I've found the business world is 50% hard work and 50% networking/personality. Obviously you have to prove yourself, but getting a few beers after work with people or handwriting some "Thank You" notes to people in positions of power will pay out tenfold when you ever need something.

      Also, just being a good person in general gets you far. It's ridiculous how in school they leave out the fact that YOU WORK WITH PEOPLE. And even if you're a good worker, if you suck to be around you won't move up and you won't get very far. When people like you and you work hard, it's a win win.

      Finally, no one is going to put things on your lap. It took me a long time to realize that if I want something I need to ask for it and be persistent. If I sat around waiting I would never have gotten much, yet I see people my age (24) all the time pass up jobs because "they weren't that cool" or "I didn't want to move" Stupid IMO, but whatever

    5. Banned roadtripper's Avatar
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      05-02-2013 12:11 PM #79
      Quote Originally Posted by Preppy View Post
      Other than perhaps, more free time and no "corporate stress", all things being equal with a corporate job. At least the experience can be parlayed into something entrepreneurial (not that the other can't).
      I've learned to appreciate non traditional degree required careers lately...
      sounds like someone's been spending time in the land yacht thread . . .

      i am in complete agreement. trade-offs like hell commutes and stupid hours and an excess of bull**** are cash on the barrel. if i had to play monkey boy for $110K, i'd rather enjoy myself for $75K.

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      05-02-2013 12:12 PM #80
      Quote Originally Posted by Preppy View Post
      Herd mentality unfortunately leads many into professions that were traditionally well remunerated. The balance is shifting due to the enormous amount of folks out there now with university degrees. People with respectable training in a "blue collar" field stand to be the minority going forward... supply and demand folks.

      Imagine how great life could be working 30 hours/wk at a bar for 60-80k vs. working 50+ hours/wk behind a terminal assessing whatever for 60-80k.
      To be honest when I was slinging booze in the city I worked Mon-Thur and made ~$80k/yr and I worked part-time in the video/film world for extra dough on top of that. I had worked in the restaurant industry for over 12 years and one day I sorta just "had it" with the bartending life style. So I took a pay cut and focused on video and filmmaking full time, the company was a non-profit and ended up closing down.

      So I saved and reached out to old freelance clients and opened moved into an office and studio space with a friend of mine. I'm finally starting to see returns on my time invested and I'm starting to edge my way back into the pay bracket I left. It's been a struggle, but at least I was doing something that was making me happy while on the journey.

      In all honesty, I don't think having a degree meant a whole lot while struggling through everything. No one once cared to asked to see my education credentials. They only cared that I had good work in my portfolio and a list of clients that could be backed up with phone numbers.
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    7. Member
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      05-02-2013 12:15 PM #81
      Quote Originally Posted by roadtripper View Post
      sounds like someone's been spending time in the land yacht thread . . .

      i am in complete agreement. trade-offs like hell commutes and stupid hours and an excess of bull**** are cash on the barrel. if i had to play monkey boy for $110K, i'd rather enjoy myself for $75K.
      I haven't, what's going on in there?
      It seemed like a total black hole of a thread, so i steered clear.

      Oh, and if it's relevant, I'm a corporate monkey in a big city
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    8. Senior Member 6cylVWguy's Avatar
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      05-02-2013 12:17 PM #82
      Quote Originally Posted by Preppy View Post
      My motivation?
      Where are the smooth and curvey paved roads?

    9. Banned Chris Stack's Avatar
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      05-02-2013 12:17 PM #83
      Quote Originally Posted by hipster. View Post
      To be honest when I was slinging booze in the city I worked Mon-Thur and made ~$80k/yr and I worked part-time in the video/film world for extra dough on top of that. I had worked in the restaurant industry for over 12 years and one day I sorta just "had it" with the bartending life style. So I took a pay cut and focused on video and filmmaking full time, the company was a non-profit and ended up closing down.

      So I saved and reached out to old freelance clients and opened moved into an office and studio space with a friend of mine. I'm finally starting to see returns on my time invested and I'm starting to edge my way back into the pay bracket I left. It's been a struggle, but at least I was doing something that was making me happy while on the journey.

      In all honesty, I don't think having a degree meant a whole lot while struggling through everything. No one once cared to asked to see my education credentials. They only cared that I had good work in my portfolio and a list of clients that could be backed up with phone numbers.

      Do you know Casey N. in the film business in NYC? Seems to be making a name for himself. I went to high school with him, nice guy but always a little crazy.

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      05-02-2013 12:18 PM #84
      Quote Originally Posted by 6cylVWguy View Post
      Where are the smooth and curvey paved roads?
      Who the hell needs a car when you live in paradise?
      If you do, get a jeep... smooth and curvy roads not necessary.
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    11. Banned Chris Stack's Avatar
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      05-02-2013 12:21 PM #85
      Quote Originally Posted by AudiA4_18T View Post
      I really don't know why no one has said this yet, but I've found the business world is 50% hard work and 50% networking/personality. Obviously you have to prove yourself, but getting a few beers after work with people or handwriting some "Thank You" notes to people in positions of power will pay out tenfold when you ever need something.

      Also, just being a good person in general gets you far. It's ridiculous how in school they leave out the fact that YOU WORK WITH PEOPLE. And even if you're a good worker, if you suck to be around you won't move up and you won't get very far. When people like you and you work hard, it's a win win.

      10000000x this.

      Finally, no one is going to put things on your lap. It took me a long time to realize that if I want something I need to ask for it and be persistent. If I sat around waiting I would never have gotten much, yet I see people my age (24) all the time pass up jobs because "they weren't that cool" or "I didn't want to move" Stupid IMO, but whatever
      At the same time, you need to be conscious of what's a good opportunity and what's someone else trying to talk you into a crap deal. Couldn't tell you how many times I've seen people blunder into a crap job that's going to end up not being interesting, not going to teach them anything or give them experience, and not going to get them promoted. IMO, the most valuable asset a person has it the ability to say "f this and f you guys" (politely) and up and go somewhere else. Too many people are either too loyal or too timid to shop themselves around for a better deal for themselves.

    12. Banned Chris Stack's Avatar
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      05-02-2013 12:21 PM #86
      Quote Originally Posted by Preppy View Post
      Who the hell needs a car when you live in paradise?
      If you do, get a jeep... smooth and curvy roads not necessary.
      My version of paradise still has sports cars.

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      05-02-2013 12:23 PM #87
      Quote Originally Posted by Chris Stack View Post
      My version of paradise still has sports cars.
      I used to think mine did too... I'm sure it will again at some point as my view of paradise changes.
      My changing view is usually coupled with a decent bump in pay and a refreshed concept of (what can I buy now?!)
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    14. Banned roadtripper's Avatar
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      05-02-2013 12:25 PM #88
      Quote Originally Posted by Preppy View Post
      I haven't, what's going on in there?
      It seemed like a total black hole of a thread, so i steered clear.

      Oh, and if it's relevant, I'm a corporate monkey in a big city
      gotcha. everything in its time and place. i only know i don't prefer it because i respect it first-hand.

      my land yacht reference was about the concept of seeking shelter from the shackles of corporate oppression. which is the OP's stated motivation behind all the joyful noise in that thread.

    15. Member 2ohgti's Avatar
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      05-02-2013 12:27 PM #89
      Quote Originally Posted by AudiA4_18T View Post
      I really don't know why no one has said this yet, but I've found the business world is 50% hard work and 50% networking/personality. Obviously you have to prove yourself, but getting a few beers after work with people or handwriting some "Thank You" notes to people in positions of power will pay out tenfold when you ever need something.

      Also, just being a good person in general gets you far. It's ridiculous how in school they leave out the fact that YOU WORK WITH PEOPLE. And even if you're a good worker, if you suck to be around you won't move up and you won't get very far. When people like you and you work hard, it's a win win.

      Finally, no one is going to put things on your lap. It took me a long time to realize that if I want something I need to ask for it and be persistent. If I sat around waiting I would never have gotten much, yet I see people my age (24) all the time pass up jobs because "they weren't that cool" or "I didn't want to move" Stupid IMO, but whatever
      I agree with this other than being a good person part. I have seen some very unethical and sleazy people get promoted rapidly in companies. I bet you will find most CEOs fit that bill.

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      05-02-2013 12:30 PM #90
      Quote Originally Posted by 2ohgti View Post
      I agree with this other than being a good person part. I have seen some very unethical and sleazy people get promoted rapidly in companies. I bet you will find most CEOs fit that bill.
      A lot of corporate CEOs/private firm partners are sociopaths, as are many for profit corporations.
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    17. Senior Member 6cylVWguy's Avatar
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      05-02-2013 12:31 PM #91
      Quote Originally Posted by 2ohgti View Post
      I spoke with a hospital CEO not to long ago who said she has been looking for a psychiatrist for over a year paying $750k a year.
      That's also quite far from what the avg psychiatrist makes/yr ($186k in 2012 according to Medscape; they are on the lower end of the pay scale in general, as is neurology and internal medicine). And I couldn't see that pay going to just a staff psychiatrist at a hospital unless it was for a psych with many years of experience and a management position, a subspecialist in an area lacking in that area (such as child psych for example), or they had a bunch of other non-practice responsibilities (like also running a research lab).

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      05-02-2013 12:33 PM #92
      Quote Originally Posted by Chris Stack View Post
      Do you know Casey N. in the film business in NYC? Seems to be making a name for himself. I went to high school with him, nice guy but always a little crazy.
      Doesn't ring any bells. What type of work does he do? I mostly work in fashion/commerial/documentary
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    19. Senior Member Iroczgirl's Avatar
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      05-02-2013 12:34 PM #93
      Quote Originally Posted by rlfletch View Post
      Rant on: It's all about the Gap. The pay at the executive level has increased something like 1000% over the past 30 years while middle class income has remained stagnant. Whereas corporate executives used to be embarrassed by making too much money in the old days now they have no problem completely raping companies to pay for their egos. Gordon was dead wrong. Greed is not good, especially when it is out of control and the game has been rigged by fraternity brother gangs at the very top. People can still get by but just surviving in the middle is becoming increasingly difficult as there is less and less pie left over for the 99%. Rant off.
      I think you hit the nail on the head here.
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    20. Banned Chris Stack's Avatar
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      05-02-2013 12:34 PM #94
      Quote Originally Posted by hipster. View Post
      Doesn't ring any bells. What type of work does he do? I mostly work in fashion/commerial/documentary
      http://en.wikipedia.org/wiki/Casey_Neistat

    21. Senior Member 6cylVWguy's Avatar
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      05-02-2013 12:36 PM #95
      Quote Originally Posted by Chris Stack View Post
      My version of paradise still has sports cars.
      As does mine.

    22. Member xtravbx's Avatar
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      05-02-2013 12:37 PM #96
      I make 6 figures with no college degree.

      /done bragging.

    23. Member Beersix's Avatar
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      05-02-2013 12:38 PM #97
      Quote Originally Posted by baljet View Post
      Supply and demand?
      Indeed. Great Question Sir,
      When you have too many goods being produced but not enough buyers in your local market then you have to move those goods to new unexplored markets in order to get the most return out of your investment.

      In the case of American college graduates, it should be the norm for them focus on finding jobs in different countries before graduation. There are many countries where there's a scarcity of professionals that we have in abundance here in the US.

      Kids keep in consideration that the cost of living in many other countries is far more affordable than in developed countries. I.E. you may be able to find a job as a Civil engineer in South America where you probably will get paid half of what you get paid in the US but the actual value of what you getting paid there may be twice of what you get paid in the USA.

      The problem for American graduates is that even if we wanted to move to other countries where there may be better opportunities to grow professionally and financially, they have to face competition from European countries where they have a surplus of graduates in the same situation as us here. According to international news sources, many european graduates are moving to developing countries to start their own businesses given the fact that financing and all support industries are widely available in most countries but seem to be underused(for a lack of a better word) without reaching its full potential.

      Anyways, going back to the OP. Higher Education will probably buy you most of the cars in the picture these days. except for the Lambo.

      Porsche 2K, Mercedes 1.5K, Corvette 1K, BMW 1.5K. You can find most of those cars at your local junkyard. lol
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    24. Member 2ohgti's Avatar
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      05-02-2013 12:41 PM #98
      Quote Originally Posted by Preppy View Post
      A lot of corporate CEOs/private firm partners are sociopaths, as are many for profit corporations.
      Yup. That is what some studies say. I think these people have a certain level of craziness that gives them the drive to do whatever it takes to succeed.

    25. 05-02-2013 12:42 PM #99
      Quote Originally Posted by jastevenson View Post
      Contrary to popular belief, 95% of people in the medical field make nowhere near enough to afford that lifestyle unless they're married to a high-earning spouse.
      A physician who's just completed their fellowship will typically earn at least $200k a year. Starting at $300k is not uncommon at all.

      Unless you're downright horrible at managing your finances, you can definitely afford that lifestyle with that kind of income. There's a relatively young couple (a doctor and a Wall Street type) here that loves proving that point.
      Last edited by Analyst; 05-02-2013 at 12:45 PM.

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      05-02-2013 12:51 PM #100
      Quote Originally Posted by 2ohgti View Post
      Yup. That is what some studies say. I think these people have a certain level of craziness that gives them the drive to do whatever it takes to succeed.
      That level of craziness extends into poor stewardship towards the general well-being of the country / it's population / etc. that supports their unbridled drive for corporate profit.

      It's like they've never heard of "don't **** where you eat, and don't bite the hand that feeds you".
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