Reply #31: I am not understanding your argument [View All]

[kwassa]

Making a profit, and making a living, are not necessarily different.

it depends on how the doctor is paid. He is, after all, a small business owner with employees. His salary is what he can afford to pay himself, depending on how the business is set up, and what kind of partners he has. Many GPs are descending into the lower middle class.

All of us want to have investment capital, which only comes from income above basic needs. This is not unique to doctors. How many Americans hold stock?

We have extra from being unable to sell a townhouse ten years ago without losing money, and became landlords instead. We sold that 18 months ago, and bought another house to rent out. We hope to profit from an increase in value, as well as live in that house. This is above and beyond the house that we own that we live in and expect to hold on to. Is this wrong?

I think the idea that people go into medicine to make money is fading with the diminishing incomes.