BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board
 
Lux Angel Eyes
Post Reply
 
Thread Tools Search this Thread
      02-14-2013, 06:31 PM   #23
j2m
Colonel
j2m's Avatar
Canada
48
Rep
2,452
Posts

 
Drives: '11 E92 M3 DCT
Join Date: Jun 2011
Location: Calgary, Ab

iTrader: (8)

Garage List
2011 BMW E92 M3  [5.00]
Quote:
Originally Posted by M3gasmd View Post
I'm an anesthesiologist in the northeast. Don't go into medicine for the money!!! I've been in practice for 7 years and each year my salary has been declining at least 10 percent per year. At this rate I will be looking for a jeep pretty soon. I still make a decent amount of money but you need to be happy with what you do. I just happen to love sticking laboring woman with a 5 inch needle which is what I am doing tonight.

Good for you
__________________

11' E92 M3 Space Grey | DCT | ESS VT2- 625 | Gintani Race (valved) + Quad Res Catless X-Pipe | KW Sleeve's | GC Camber Plates|Arkym Diffuser | Vorsteiner VRS Lip | P3 Boost Guage | Stud Conversion
PHOTO's: Click Here ESS VT2 625 PHOTOS: Click Here
Appreciate 0
      02-14-2013, 06:47 PM   #24
HighandDry
Private First Class
1
Rep
108
Posts

 
Drives: E92 M3
Join Date: Jan 2013
Location: Seattle

iTrader: (0)

Quote:
Originally Posted by DaKillaMafia View Post
How was residency for you if you don't mind me asking? I'm wanting to become an anesthesiologist, although you may not be one.
Thanks
Residency (surgical) was hell, but I think it's better now, because they limit your hours to 80 (?) hrs/week.

My internship year, I was on call every other day for a year. So start at 6 AM, up working all day and night, go back home at 5 PM. Stumble around a couple of hours, go to sleep, and start all over again. It was incredibly hard.
Appreciate 0
      02-14-2013, 07:01 PM   #25
Thebigbus
Private
Thebigbus's Avatar
1
Rep
87
Posts

 
Drives: 2009 e90 M3 DCT
Join Date: Nov 2012
Location: Central Texas

iTrader: (0)

Quote:
Originally Posted by HighandDry View Post
Residency (surgical) was hell, but I think it's better now, because they limit your hours to 80 (?) hrs/week.

My internship year, I was on call every other day for a year. So start at 6 AM, up working all day and night, go back home at 5 PM. Stumble around a couple of hours, go to sleep, and start all over again. It was incredibly hard.
It's definitely not like that now with all the new rules.

My intern year was last year (first year gen surg) and we did night "call", but it was really just 16 hour shifts at night. This year, the interns aren't really doing that, and are just doing a whole month of night "shifts". Supposedly that gets them into the OR more during the day.

Now in year 2 (Urology), and I average call about every 4th night. It's not too bad. Then again, Urology is not Gen Surg
Appreciate 0
      02-14-2013, 07:07 PM   #26
LarThaL
Colonel
LarThaL's Avatar
64
Rep
2,631
Posts

 
Drives: 2011 M3
Join Date: Apr 2011
Location: West Springfield, MA

iTrader: (0)

Quote:
Originally Posted by phecht View Post
I was wondering if there are any current or graduated med students here that could just lend a bit of advice. I'm hopefully going into med school soon and wondering how you paid for insurance, gas, and any other miscellaneous fees. I'm aware that loans are the main crutch. Although seeing as though whoever answers this has already experienced it, I just wanted to know if you had any advice without going too much into dept. Currently I'm about to go into the EMT field for some decent money and preparation for med school. But I doubt I will be able to continue that while I'm studying to be a doctor. I know the M3 is a relatively expensive car to maintain and curious on how you guys got through it. Thanks any replies in advance!
I worked for 2 years between college and med school, so I was able to put away a bit of money. I took some loans, and my parents helped me out a fair bit. I drove a Honda Prelude through med school and residency. My first upscale car was at the age of 33. That was an Audi S4. Medicine is like no other profession in that regard. You can go from earning $50k as a resident to earning like $300-400k literally overnight when you start as an attending, depending on your specialty of course.
__________________
Precision tool: 2011 BMW ///M3
Sledgehammer: 2014 Audi S6

Appreciate 0
      02-14-2013, 07:11 PM   #27
aus
Major General
117
Rep
7,406
Posts

 
Drives: Odysse
Join Date: Jul 2005
Location: Seal Beach, CA

iTrader: (5)

Can someone explain to me why OP's ONLY POSTS HERE are on this topic in the wrong section?

.
__________________
Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
Appreciate 0
      02-14-2013, 07:19 PM   #28
T3X4S
Second Lieutenant
T3X4S's Avatar
2
Rep
232
Posts

 
Drives: 2013 E92 MW M3
Join Date: Dec 2008
Location: DFW

iTrader: (0)

Garage List
2013 BMW E92 M3  [0.00]
I drove a Honda Accord through med school. Parents paid for car insurance, but everything else was on me via student loans. I did residency and fellowship, so it was a long time before I could afford anything decent. I finally bought a 335i 5 years after going into private practice and only just recently traded it in for M3.

I agree with others who say reimbursements keep going down every year. If you throw in having to pay overhead, staff, their health insurance etc, then you make even less. I now work for a healthcare firm and got out of private practice due to burn out and dwindling reimbursements. I tell people who ask me if I'd go into medicine again if I had a choice, and my answer is always no. I am sure a lot of people will still point out that doctors' salaries are still good; however, if you factor in the loans and years to get a return on your investment, then it's a big negative return for years.

On a different note, I love my M3!!!
Appreciate 0
      02-14-2013, 07:21 PM   #29
firstkill
Second Lieutenant
3
Rep
247
Posts

 
Drives: e93
Join Date: Dec 2005
Location: Alhambra

iTrader: (0)

Cost of private med school 30K a year not including books/random crap
Loans needed to live for 4 years, 20k a year (if you can live cheap)

50k x 4 yrs + interest when no payments being made. at least 220k afterwards.

It would be tough to have a monthly payment on any nice cars with a 20k a year living budget.

Residency pay is 50k a yr, loans likely still deferred. rack up another 20k of interest.
(you can get a car here but is that the best decision after owing 200K + in loans)

Attending doctor

Total owed 240k in student loans. Not tax deductible.
2nd guessing if it was worth it . Buy fancy car to drown sorrows

fk
Appreciate 0
      02-14-2013, 07:24 PM   #30
aus
Major General
117
Rep
7,406
Posts

 
Drives: Odysse
Join Date: Jul 2005
Location: Seal Beach, CA

iTrader: (5)

Quote:
Originally Posted by HighandDry View Post
Residency (surgical) was hell, but I think it's better now, because they limit your hours to 80 (?) hrs/week.

My internship year, I was on call every other day for a year. So start at 6 AM, up working all day and night, go back home at 5 PM. Stumble around a couple of hours, go to sleep, and start all over again. It was incredibly hard.
Every other is pretty insane, but you must have known that going it.

It's too easy now with all the limited hours. The system (Government) is producing docs that just want to be employees, so the new docs are easier to control. What the Gov doesn't realize is, productivity of the docs will go down DRAMATICALLY. Even with increasing medschool class size, they won't make up the doctor shortage. Then throw in the decreased productivity of each doc, and it's going to be a mess they created.

Some day these kids applying to med school will realize, it's not worth the money after all the loans and then the cuts to physician pay that Medicare has already enacted. Then throw in Obamacare, which is taking billions out of Medicare (which is broke already), and there won't be any money to pay the docs. The insurance companies will follow what ever Medicare pays, which will be shit in a few years.

As for the OP. You should really be driving a Civic or Accord- if you want to splurge. And E46 M3 is still an expensive care to maintain and insure.
.
__________________
Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
Appreciate 0
      02-14-2013, 07:29 PM   #31
robotk
Second Lieutenant
robotk's Avatar
4
Rep
269
Posts

 
Drives: e90 m3
Join Date: Jan 2013
Location: SE

iTrader: (1)

Quote:
Originally Posted by phecht View Post
I was wondering if there are any current or graduated med students here that could just lend a bit of advice. I'm hopefully going into med school soon and wondering how you paid for insurance, gas, and any other miscellaneous fees. I'm aware that loans are the main crutch. Although seeing as though whoever answers this has already experienced it, I just wanted to know if you had any advice without going too much into dept. Currently I'm about to go into the EMT field for some decent money and preparation for med school. But I doubt I will be able to continue that while I'm studying to be a doctor. I know the M3 is a relatively expensive car to maintain and curious on how you guys got through it. Thanks any replies in advance!
A high mileage e46 is ~$13k. That's not the issue though - repairs are not cheap on these cars. I would be leery.

Between student loans and deferred income, getting an m3 now is a poor decision. Get a fun car with a warranty. I actually bought an s2k when I started residency and I absolutely loved the thing.

I would consider something similar. Maybe a Scion FRS or the Subaru version? Just a thought.
__________________
1993 e36 325i, 1999 e46 328i, 2005 ap2 s2000, 2007 WRX STi, 2008 g37s coupe, 2009 Audi a4 2.0T Avant
Appreciate 0
      02-14-2013, 08:28 PM   #32
HighandDry
Private First Class
1
Rep
108
Posts

 
Drives: E92 M3
Join Date: Jan 2013
Location: Seattle

iTrader: (0)

Quote:
Originally Posted by aus View Post
Every other is pretty insane, but you must have known that going it.
Yeah, you know that going into it, but you REALLY don't know until you're there. At that time, if you wanted to be a surgeon, almost all the good programs were like that. It was so ridiculous though. In order to have a weekend off, you would switch weekends with your fellow intern. So when it was your weekend, you would start work on Friday and not leave the hospital until Monday night. Absolutely insane. Plus most of the attendings were Nazis in their former lives.

I told my wife I should write a book about residency and her reply was, "The general public is not ready for something like that."

In terms of going into medicine again? Sure why not. There's still nothing like taking the knife to the skin. I love being able to help people with a skill that took years and thousands of hours to hone Currently, my hours are pretty good and my pay is still very good. Not to sound too materialistic, but it's nice having a Ferrari (you car guys understand). Kind of like a pat on the back.
Appreciate 0
      02-14-2013, 09:13 PM   #33
freeman727
Second Lieutenant
United_States
8
Rep
210
Posts

 
Drives: 2010 E90 M3
Join Date: Apr 2007
Location: Binghamton, NY

iTrader: (0)

I have agree with the statement be conservative. Unless you come from a wealthy family, DON'T DO IT! Especially with ObamaCare. Plus you never know what specialty you'll be in. You may end up doing primary care. I know folks in primary care who make less than 100K per year and have > 100K debt. I bought my M3 before my fellowship was over and almost didn't start my attending job (long story). I was scared I wouldn't being to make payments on the car. Focus on you studies. All things come in good time. You won't be sorry.
Appreciate 0
      02-14-2013, 09:17 PM   #34
freeman727
Second Lieutenant
United_States
8
Rep
210
Posts

 
Drives: 2010 E90 M3
Join Date: Apr 2007
Location: Binghamton, NY

iTrader: (0)

Quote:
Originally Posted by DaKillaMafia View Post
How was residency for you if you don't mind me asking? I'm wanting to become an anesthesiologist, although you may not be one.
Thanks
Dermatology or bust. Everything else has very crappy future. Plastic surgery is good too, but takes too much time to finish. I'm in radiology by the way.

Last edited by freeman727; 02-14-2013 at 09:27 PM.
Appreciate 0
      02-14-2013, 09:24 PM   #35
Wendall
***Major MammelToe
Wendall's Avatar
United_States
37
Rep
1,146
Posts

 
Drives: E92 M3 SG coupe
Join Date: Feb 2012
Location: Orange County, CA

iTrader: (3)

Quote:
Originally Posted by M3gasmd View Post
I'm an anesthesiologist in the northeast. Don't go into medicine for the money!!! I've been in practice for 7 years and each year my salary has been declining at least 10 percent per year. At this rate I will be looking for a jeep pretty soon. I still make a decent amount of money but you need to be happy with what you do. I just happen to love sticking laboring woman with a 5 inch needle which is what I am doing tonight.
Best response, hands down!
__________________
E92 M3 SG DCT - AA Filter, Verstraβe Paddles, ECS SS, MH race stud, Stoptech BBK, MR Exhaust,RE Pulley, BPM Tune,Euro bumper and GTS lip, Euro MDM & DCT, KW CS, Recaro PP, TMS Soild Diff Mounts, MRF solid subframe mounts, GTS aero, RPM track built motor.

Appreciate 0
      02-14-2013, 09:32 PM   #36
freeman727
Second Lieutenant
United_States
8
Rep
210
Posts

 
Drives: 2010 E90 M3
Join Date: Apr 2007
Location: Binghamton, NY

iTrader: (0)

Quote:
Originally Posted by DaKillaMafia View Post
I'll wait and see what gains my interest in medical school.
There you go. Doing it for the love of medicine. The truth is that most of us just go through the motions after while. An elite/select few have true passion for medicine. They usually go into academics. I admire those folks. That just ain't me. That doesn't mean I don't care about my work, though.
Appreciate 0
      02-14-2013, 09:55 PM   #37
HighandDry
Private First Class
1
Rep
108
Posts

 
Drives: E92 M3
Join Date: Jan 2013
Location: Seattle

iTrader: (0)

There are excellent physicians in academics, but many there are just going through the motions. I was offered a spot at the University here when I finished fellowship, but there is no way I could have dealt with all the politics.

Being in private practice for 13 years, I would say there are as many physicians in the community that have passion for their work as there are in academics.
Appreciate 0
      02-14-2013, 10:04 PM   #38
jpan08
Second Lieutenant
jpan08's Avatar
2
Rep
209
Posts

 
Drives: e36 M3, e92 M3, Ninja 300
Join Date: May 2007
Location: West Hartford, CT/ Boston, MA

iTrader: (0)

UConn Dental!
Appreciate 0
      02-14-2013, 10:37 PM   #39
firstkill
Second Lieutenant
3
Rep
247
Posts

 
Drives: e93
Join Date: Dec 2005
Location: Alhambra

iTrader: (0)

surprised there are that many doctors on this forum.
sad thing is 50% of us wouldn't do it again.


fk
Appreciate 0
      02-14-2013, 10:41 PM   #40
Sandman99
Private
United_States
2
Rep
95
Posts

 
Drives: 2013 M3
Join Date: Aug 2008
Location: Northern VA

iTrader: (0)

Anesthesiologist here...love what I do...but wouldn't do it again with current and future situation not boding well for physicians...
Appreciate 0
      02-14-2013, 11:07 PM   #41
bspears
Private First Class
7
Rep
117
Posts

 
Drives: 2011 M3E93
Join Date: Oct 2008
Location: Bay Area USA

iTrader: (0)

Quote:
Originally Posted by DaKillaMafia View Post
How was residency for you if you don't mind me asking? I'm wanting to become an anesthesiologist, although you may not be one.
Thanks
I am. I trained at UCSF. Residency was the best three years of my life. I never worked so hard but it was soooo rewarding.
__________________
2011 E93 M3 SSM Black Carbon loaded
Appreciate 0
      02-14-2013, 11:15 PM   #42
robotk
Second Lieutenant
robotk's Avatar
4
Rep
269
Posts

 
Drives: e90 m3
Join Date: Jan 2013
Location: SE

iTrader: (1)

Quote:
Originally Posted by firstkill View Post
surprised there are that many doctors on this forum.
sad thing is 50% of us wouldn't do it again.


fk
Doctors always bitch about being doctors. It's always been that way. The current climate sucks and future is scary - but it's like that for most people, regardless of profession.
__________________
1993 e36 325i, 1999 e46 328i, 2005 ap2 s2000, 2007 WRX STi, 2008 g37s coupe, 2009 Audi a4 2.0T Avant
Appreciate 0
      02-15-2013, 12:17 AM   #43
freeman727
Second Lieutenant
United_States
8
Rep
210
Posts

 
Drives: 2010 E90 M3
Join Date: Apr 2007
Location: Binghamton, NY

iTrader: (0)

Quote:
Originally Posted by robotk
Quote:
Originally Posted by firstkill View Post
surprised there are that many doctors on this forum.
sad thing is 50% of us wouldn't do it again.


fk
Doctors always bitch about being doctors. It's always been that way. The current climate sucks and future is scary - but it's like that for most people, regardless of profession.
What about engineering?
Appreciate 0
      02-15-2013, 12:28 AM   #44
HighandDry
Private First Class
1
Rep
108
Posts

 
Drives: E92 M3
Join Date: Jan 2013
Location: Seattle

iTrader: (0)

50% not liking what they are doing isn't bad. I bet the percentages are a lot higher in other professions.

I can't see how being a politician or lawyer gives any kind of satisfaction
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 05:13 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST