JLJM, it is a personal choice. Good point do what you love !!! Work hard save hard learn how to gain financial independence. Don't work for money, let money work for U !!!
what KYY said is true. a 17 yrs old boy cant make a good decision by themself. I am currently a internship medical student and i actually kind of regret my decision in taking medicine. Well i thought i like medicine when i finish SPM. But when i start study and become more mature in thinking, and things such as the money and freedom in time cross my mind, i realise medicine is really not my stuffs. I come to realise what i want after years of studying in medicine. And majority of senior doctors i met are actually care more about money than saving people. This is a truth now. And start from next year, malaysia will have around 5000 medical graduates annually and this figure will slowly increase. No enough hospital to fill in houseman anymore. Government has cut down 4 times intake per year into 2 times. They even start a new screening exam to filter out lower quality medical graduate so they has less burdens. After exam we has roughly half an year to 1 year waiting time for hospital allocation. I agreed with KYY, temporary we dont need more medical student because government cant handle it. We need more talents in other fields.
Actually it is not bad to be a BM teacher Because it is not very desired by the certain culture And the pay is not so bad and the job is very easy and plenty of holidays
Doter is just a overhype occupation Please become a under hype career instead Remember any career has bright future There is any career that is future doomed
Mr hyteo1992, when you are a young doctor or clinical student, you sure regret your decision, as the work is tremendous and return is so little, but as you gain more experience and become more qualified, the return is huge, then, you would not regret, conversely, you would enjoy the return and the "power" to decide on people's life, G.P. aside. This is the paradox of medical profession. Of course, in Malaysia at present days, the situation is totally different, there are huge number of these young, ? qualified doctors. That's why, there are so many doctors who gave up practice.
mr. nokenzo, i agreed with what you said. Too many young doctors because nowadays to get in but too little specialist or consultants because only a few are good enough to further study. One thing i want to clarify, doctor doesnt make a good earning. Is just enough to makan only. Look from the persepective of risk-to-reward, doctor actually carry big responsibilities but the earning just doesnt fit. One mistake, patient died, you regret whole life. Doctor ideally shouldn't make a single mistake that why is highly stressful. One mistake is one person's life. However most young people dont see it that way. Considering what you have to face daily, doctor really not high pay. Want high pay and relax life, dont become doctor.
That why i work hard to learn stock market as well. Luckily i found i3investor forum, can learn alot from all the great people here. Doctor dont provide financial freedom, stock market does.
If cannot earn a living in Malaysia, why can't you consider other countries?
For you to go for Masters programme in Malaysia, you have to work as MO for at least 4 years to enable you to apply. Pass your Masters then apply to be placed under category as a Specialist. I believe you have very slim chance to be a Consultant. More opportunity to get ST in Australia, or UK, if your degree is recognized there.
Attended any seminar or short courses in UK, and sat for the exam? Many Malaysia junior doctors never participated in oversea medical seminar on their own expenses, because simply too expensive taking into consideration air fare, food and accommodation, seminar fees, exchange rate and their income.
Well, we are comparing doctor and other job options here. So if doctor can get better income in other countries, same goes to accountants, business, scientist, engineer and so on. So dont put other countries in account. Not everyone willing to leave their family, their friends, and everything behind.
MO's pay in Malaysia really peanut, it is worst than a graduate school teacher.
At least graduate teacher after 25 years service, he will be promoted to grade 54 with certainty and fixed time frame: 8 years to grade 44, another 8 years to grade 48, 6 more years to grade 52, and 3 more years to grade 54. If he is a bit better, he will achieve grade 54 in less than 25 years. Other than that, 'elite teachers' are given special consideration such as Pendeta Guru (Special Grade-Jawatan Utama), Guru Wibawa(Grade 54), Guru Kanan (Grade 52 and Grade 48).
Other than critical allowance and little bit of other benefits, it is not worth to work for life in government service for doctors. Just compare and contrast scheme of service for Doctor and Graduate School teachers below to find out why.
Unless you want to practice as GP, everyday treating patients with cough, sore throat, or flu. That will be very monotonous and financially not rewarding.
To practice in private Specialist Hospital, you need to be at least a specialist (not even a Consultant yet). Hard to obtain fellowship in Malaysia to qualify as a Consultant, unless you willing to sacrifice some money and time to be oversea.
Top students should go for share market to make more money, if like uncle KYY said, life is happier if you have money. Doctors, alamak, those good old days are over. Some GP also go bungkus. After spending 5 to 6 yrs in medical school, 2 yrs as houseman, 4 yrs as MO, and if you are lucky, another 4 yrs as MD, i.e. specialist, and then another few yrs to get experience and make yourself known to the public before you venture into private practice! so, all together, at least 20 years after you passed your SPM, before you begin to earn. Imagine, if you spend 20 years to invest in share market, how much money can you make? Learn fundamental analysis from our revered guru Mr KC Chong, you just have to spend a pittance. In 20 years, you will be multi millionaires!!!!
KYY is arrogant and egoistic in most of this articles, but he has valid points in this write up. I think he is trying to highlight that most parents or even the children itself thinks that glamorous professional like doctor, lawyer and engineer is a ticket to good money. not realizing that there are many other jobs which also pave a good career path. some people out there choose that profession not because out of passion/interest but because it is ASSUMED to pay well. I think KYY is just highlighting some other alternatives, such as accountancy, which also pays just as well.
what's wrong with becoming a musician? what's wrong with becoming an artist? what's wrong with becoming a lecturer? what's wrong with becoming a sales man/woman? what's wrong with becoming an entrepreneur?
must everybody be doctors, engineers, accountant, lawyers????
If everyone wants to be an accountant there would be no doctors left to cure your illnesses. Nor there be any engineers to improve your lifestyles. There would also be no teachers left to teach your children to become an accountant. LOL! Its not just your profession that makes you wealthy. Its your VISION!
Doctor/engineer CAN easily learn the skills of accountant, but NOT vice versa.
and with due respect, NO, money is not the most important. It is THE THING YOU DO THE BEST AND ENJOY THE MOST that is most important. Wang Leehom and Kobe Bryant didn't study medical/ engineering/ accounting, but yet they still make a lot of money.
Politicians could be very rewarding if you are Friends of BN. Free from laws and orders if he is with the right party (BN) while the rakyat are born in the wrong land
good education helps us to get better job opportunities but it's not the elixar of everything. I always remember the seminar the renowed speaker ( rich man poor man author ) told the audience.
Grade A student works for Grade C student and Grade B students joins the government. There might be some truth in the statement but nevertheless no matter whether you are Grade A or B or C student. Learn to work hard, be patient and humble. success will come to you
Given you the choice to send you child to UK, do you want him to do accounting or medicine?
Be realistic, if sponsored by JPA, he should go for medicine. If self-funded, he should choose to study accountancy, unless money is sub-sub water for you.
Courses should be like apprenticeships. You undergo a course to learn the skills to earn a living. Your first guidance to your long term profession or vocation should be passion for the field you have chosen.
Let your children pursue whatever course available, or they can grab. Get a job, earn and invest the extra money. Learn the fundamental analysis from sifu KCChongnz, you won't regret.His email is ckc13invest@gmail.com, cheap and good.I would advise my children to do so when they graduate.
smart of you too. but how you know they will follow i3 sifus and not contra?
<Let your children pursue whatever course available, or they can grab. Get a job, earn and invest the extra money. Learn the fundamental analysis from sifu KCChongnz, you won't regret.His email is ckc13invest@gmail.com, cheap and good.I would advise my children to do so when they graduate.>
so many private U offering pharmacy courses....so many mothers register their children to study pharmacy just because it is available...and a safe course, a science .
it would be a mistake, just look at the phamacists in government hospital pharmacists.
I had the same oppinion abt accountancy. Money aside, its the most practical courses for almost anybody. You don't have to stay put in an accountancy company. You can choose to work in ALL TYPES of companies; hospital, engineering company, listed and non-listed corporations, oil and gas, and more. And to know accounts means, taking care of your own finances well.
Mr. Koon, nice article. However, we still need more doctors to fill up public hospitals or private practice (to increase competition among themselves to reduce their stagerring profesional medical fees). Also, we still need blue collar workers, how often do you see a Malaysian manning blue collar jobs that we tend to shun? Point is, if everyone gets to earn RM1 million a year and be happy, who is going to do the less glamarous work? Capitalism has a way of balancing this issue. However, i salute your philanthropy, giving a chance to the less fortunate.
Thumbs up for Mr. Limchimleong for encouraging your children to learn stocks investment.I attended courses in FA and TA and now a subscriber of OTB for the sake of my children.The exposure to stock investment ,I hope will help them become financially independent as they grow older.I should be retiring cos touching age 70.Congrats to Dr.hyteo1992,keep it up.
No matter how much money one have or how high is one status , tan sri , datuk , CEO, Executive Director , President , ect... when one really fall sick who do they see? A D0CTOR! Why then prejudice against giving scholarship to future doctors?
Whatever vocation that we are in or planning to be in, one thing is clear... The need to know how to invest, invest wisely and treat your investment strategy as part of your work. That's the kind of "taking up 2 jobs" that we need.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CCCL
621 posts
Posted by CCCL > 2016-01-11 21:45 | Report Abuse
JLJM, it is a personal choice. Good point do what you love !!! Work hard save hard learn how to gain financial independence. Don't work for money, let money work for U !!!