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VivaColombia

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About VivaColombia

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  1. GF bought a brand new 2018 Range Rover Discovery sport prior to the start of clerkship. She's always into sporty cars and loved having something she could drive to/from sites. But as others have mentioned, it depends on your debt tolerance and financial situation. GF parents are staff physicians, so even though she paid for it, she didn't have to pay for living expenses or tuition so her only med school expense was her car.
  2. Financially, for OP it would make sense even after overhead being 250k. Obviously OP needs to clarify what six figures is but I'm assuming in the low 100s, so having a ~2.5x increase in salary is financially benefitting, even after 6 years of school/residency. The barrier I would see is investing the schooling time and going through CaRMS but family medicine with no substantial geographic limitations has really good odds to match as a CMG.
  3. In Canada for PAs? No better than it is today. There's all this talk and advocacy for the profession but nothing ever happens. People have been waiting for regulation and recognition for years yet nothing has occurred. Sure being a PA is great with a good work/life balance but positions are usually contracted in ON, there are funding issues in MB (heard from a friend C/O 2020 which graduated in June still has multiple people unemployed), and barely any jobs outside MB/ON. You really have to sell yourself and after paying 40-50k for a degree with no stable job prospects, got to rethink your career choice. In the US though, best career choice in being a PA
  4. LOCs should be around 350K, can get you a decent house or a condo. You can use that LOC for a lot of things, vacationing, cars, houses, etc. Seen a lot of people blow it on things they don't need but hey when you have a 350K unsecured LOC, might as well live it up lol
  5. Comparing to NPs here, we should add in PAs. They obviously don’t practice everywhere in Canada but having PAs pre tax making 150k after 6 years of practice with a pension and benefits is pretty good I’d say for the schooling and hours of work. Top salary PA in Manitoba makes 220k with benefits and pension in cardiology with 16 years experience and a 9-5 type job, I’d say it’s a good salary when comparing to the avg physicians in family medicine
  6. Does that mean you get to keep the LOC for life? With the CCs/account type fees waived indefinitely?
  7. I've withdrawn from 2 professional school programs in the past and had to declare that on the OMSAS/ORPAS application. It gave me space to explain why I did but I do not believe it had an impact on my application since I was admitted to PT and MD. My friend was dismissed from an Masters program and was still admitted to an Ontario MD school. You'll need to explain yourself on the application though and be descriptive.
  8. covid is temporary...it will pass within 2 years and things will stabilize. Will dentistry be the same? Prob but you'll see way more corporate dentistry clinics than now. Covid has only helped corporate offices expand since they have the capital to benefit from a pandemic. If you think you'll be making "bank", good luck competing with the corporate field and established dentists, especially in urban areas. There will always be a need for dentists but with continued equivalency exams, foreign trained dentists will continue saturating the market and be the biggest threat to the profession. Covid has stopped the immigration of dentists temporarily but as soon as travel and normalcy returns, you'll see a massive wave of dentists entering the Canadian market due to the backlog.
  9. Tell that to the public...there is a lot of fear and misperception about dental clinics especially with the media
  10. Play around with the numbers on OSAP if you get funding from there too. The balance of 23,000 on your TFSA may wipe out your grants portion of OSAP so input the info and see where you stand. If you believe you can make more than the grants portion per year by keeping a TFSA, you should invest in the market (and vice versa). Markets are unstable and your investments could go up or down but the grants of OSAP are guaranteed for the amount quoted by them.
  11. Few questions: 1) How has covid changed your practice and what is the outlook from your perspective? Is it better for you since you aren't in an urban setting? Is corporate takeover going to accelerate since they have capital emerging post-covid? 2) How do you feel your classmates found themselves practicing in other settings if you're still in touch with them? Satisfied, unsatisfied, etc. 3) If you could go back, would you specialize?
  12. Yeah exactly...so if someone bought AC stocks in the morning and saw it going down throughout the day, they could sell at the price and minimize their losses instead of waiting till it plummets. Though it is possible with some stocks to essentially hit rock bottom rapidly, if you diversify your investments that should minimize it all going down to 0
  13. You're right...I just meant to say that you have to live with the possibility you lose money and not necessarily make any money. High risk investing with LOCs is a big gamble
  14. even though i have family backing, I would not recommend doing high risk investing if it keeps you up at night and have family obligations. For context, I'm single, not married, and have a decent amount of savings to (partially) swallow a 100k loss. My risk tolerance is higher than others but again depends on personal responsibilities. If I had an SO, or even was taking care of my parents, I would not have invested 100K just like that. Its not for everyone but if you do take the risk, you have to live with the possibility you lose everything
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