Best Uses for a Physician Sign on Bonus | PPhREI Network Roundup | 7-26-2024

by The Darwinian Doctor

In this network roundup, Dr. Frey and I discuss the best uses for a physician sign-on bonus and why doctors are such bad investors. Enjoy!

This post may contain affiliate links.

The Prudent Plastic Surgeon

It’s July, so that means that thousands of physicians have graduated from residency or fellowship and started their first attending jobs. Often times, this comes with a sign on bonus. It’s an attractive way for employers to incentivize a physician to take the job, without tying the employer to ongoing higher salary rates. From the perspective of a physician, a bonus can provide some much needed capital to cover the often expensive prospect of starting a new life in a new location.

But what’s the best way to use a sign-on bonus and what are the pitfalls you should consider?

Get your questions answered on the Prudent Plastic Surgeon blog: Best Uses for a Physician Sign On Bonus

The Darwinian Doctor

It’s a common saying that “A fool and his money are soon parted.”  Doctors are no fools, so why are doctors often such bad investors?  

Is it merely a stereotype? Unfortunately, when there is always a grain of truth in most sayings. So in this post, I tease apart the nuances of this stereotype. Why might it be correct, and what can we do to combat this phenomenon?

Here’s a sneak peak of the mindsets that might be to blame:

  • “I’ve got to make up for lost time”
  • “I’m smarter than everyone else”
  • “I’m too busy, you should do it”

Read all about it on the Darwinian Doctor blog: Why Doctors Are Such Bad Investors



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Urologic Surgeon | Real Estate Investor | CEO

Urologic Surgeon | Real Estate Investor | CEO

About me

I’m Dr. Daniel Shin, a urologic surgeon and real estate investor on a mission to fast-track your financial freedom. I used to be $300,000 in debt and handcuffed to my job.  Now I’m living a life of freedom, purpose, and exponential growth. Ready to join me on this journey? Let’s go!

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