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Reply to "Do you think doctors are rich people?"
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[quote=Anonymous]First of all I do agree with others that making any assumptions based on someone’s house size is quite silly. In fact, people that “appear” rich because of all of their “things” and big houses, new cars, often actually don’t have as high of a net worth as you imagine. Sometimes the people with the used car and the smaller house have WAY more wealth because they are good at socking it away. Second, yes a hand surgeon makes an extremely high salary. That being said, it takes a lot longer for drs to build wealth than many other professionals which is why people say you shouldn’t do it for the money. There are much quicker ways to wealth. Because medical training is so long - for a hand surgeon the training portion where salary is low would likely be at a minimum of 9 years, for example, and the debt incurred by most to go to medical school is so astronomically high - it usually isn’t til later in life that the “wealth” is felt in the way you are thinking. So they may be in a smaller house because they like it, or because boulder is expensive, or because they are still paying off student loans. But it’s unlikely he doesn’t make quite a high salary. It’s just complicated. And why do you care, anyway? [/quote]
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