finance for resident doctors and med students :) | all you need to know to grow your wealth whilst being in med School 🩺 during and after residency
Joined January 2022
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Time is ticking for all those who are in college right now..
You snooze you lose🤷♂️
Watch at 2X (NON FINANCIAL ADVICE)
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Dr. Darin Fernandes retweeted
I will try to save 15k each month.
And will try for 50% return in this one year.
Btc should consolidate at this level for the next 4 months so I’ll get a good buy in price.
That’s my target amount by the end of internship.
Wish me luck🙏
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Been saying this for a while.
AI and BITCOIN are the trades of the decade.
Even Indian markets have been doing terrible, however the Indian market does, the us market will always give you a 5% head start because of the inr depreciation.
You snooze you lose
If you're an Indian, here is your best chance to get rich.
Invest in AI.
Logic:-
1) Let's say your job gets disrupted by AI, who benefits? AI models/firms.
You're basically buying an insurance.
You lose your job. But, your investments in AI helps you sustain.
2) If AI fails. Cool. You compound your wealth via your existing jobs. You still win.
3) If your job gets disrupted. Plus you have low/no AI investments, you're running a massive tail-end risk of a wipe out.
AI will either make you richer or make you redundant.
There is no mid path here.
You might be worried about AI valuations. Fair enough.
But, if the AI story compounds over the next 5 years. And, you miss out. You seriously run a wipe out risk.
No Mutual Fund Manager is going to tell you how to think. I'm trying to.
Think about this. And, make better calls.
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Is there a role for doctors on coaching platforms other than being a educator? Like is there something else they can offer?
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Growth has been really slow this week
But i made it to 400 finally😭,
Will post my journey during internship also along with how I’m managing my finances🙌
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I’m starting with pulmonary medicine and apparently i have to do 5 night duties in 7 days,
I feel like crying bruh wtf😭😭,
I’m the guy who sleeps for 6 hours before medicine practical’s 😭, how will I survive internship bruh😓
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Can anyone tell me what are the administrative powers a upsc cms has?
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Dr. Darin Fernandes retweeted
REPOST: my high quality video setting was off and i have made certain changes, do let me know how this is :)
(Non financial advice)
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Dr. Darin Fernandes retweeted
Why is bitcoin so volatile? Will volatility increase or decrease in the future?
(Watch on 2X NON FINANCIAL ADVICE)
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Dr. Darin Fernandes retweeted
Understand your risk profile or you’ll end up losing a lot of money!
Watch at 2X (NON FINANCIAL ADVISE)
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Btc is trading at a 50% discount, if it goes to it’s all time high, then that’s a 100% again,
So 50% is baseline case
50% that's v hopeful don't you think
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I truly believe bitcoin and ai stocks ate the next trade of the decade, specially btc.
Now that btc is consolidating and sentiment is bad nobody is interested but when sentiment comes back I’m sure I’ll start getting a lot of followers and views, i will keep buying in small bits and making content about it 🤌🏻
If I had to start the X from zero today, I’d do this:
Just write about what you truly believe in.
People will start believing you.
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Dr. Darin Fernandes retweeted
Here’s a small story…
I’m not someone who studies on a regular basis, i tend to keep things for the last minute.
In our college pediatrics is the subject where they tend to fail students.
For my prelims i had fallen sick before PEDS only and had done terribly.
So for finals
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Dr. Darin Fernandes retweeted
Time is ticking for all those who are in college right now..
You snooze you lose🤷♂️
Watch at 2X (NON FINANCIAL ADVICE)
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I’m going to try my best and save 10-15k per month.
I’m going to invest that in us stocks and bitcoin and then go on a trip after my internship with that money.
Plan is to go to northeast 🙏.
If you wanna save up during internship too then follow along 🤌🏻
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Guys I’m kinda tired so can the rest of the medical fraternity explain to this guy what a retarded statement he has just made🤦♂️
So you are a chatgpt doctor
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Anyone who’s doing md in hospital administration, is planning to or if you know anyone who has done it please do let me know🙏
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Also if anyone is offering you guaranteed returns, RUN ASAP.
There’s no such thing as guaranteed returns, you can never put a fixed number,
I’m not even saying mostly you are 100% being scammed
and if you get a call from any stock market advisory companies, just cut the call.
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It’s very important when you enter any market to know when to cut your losses, keep your ego outside and take out any emotions that may be associated with the market🤌🏻
my husband got a call from a friend who had lost around ₹5 lakh by following trading calls from a third-party company.
the arrangement was based on profit sharing. on the first trade, he made around ₹30,000 and paid the company its agreed share.
then the next few trades went against him.
instead of stopping, he kept taking more trades to recover his losses.
he lost around ₹3 lakh.
to revenge trade, he broke a joint fixed deposit with his wife and withdrew another ₹2 lakh, and lost that too.
within just a few days, he had lost a total of ₹5 lakh.
now he wants to take another ₹2 lakh through credit cards, hoping to win everything back.
he also asked ₹5 lakh from my husband to come out of the situation.
ofcourse, husband said no.
but, if you were talking to him for 5 minutes, what would you say?
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