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CMilbrandt | Which makes more money a year, a Stock Broker or a Doctor?? |
Which job has the higher average earnings a Stock Broker or a Doctor.
Additional Details
Not including surgeon |
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sothere!
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According to the 2000 US Census, the median earnings for a physician is approximately $124,000 while that of a "personal financial advisor" (prob closest to stock broker) is about $54,000.
However, I would suspect that broker earnings has a higher variance. There are a lot of brokers out there who dont make a lot of money. A very successful stock broker can make boatloads of money. A lousy one wont make much at all. Plus it takes time to build a business as a stock broker, etc. On the other hand, all physicians can generate high earnings (assuming a physician chooses to maximize their earnings instead of doing charity work or similar.)
So to answer your question, on average it appears physicians make more money. Like I said though, a good stock broker makes a lot of money--more than a lot of doctors do. |
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Yarcofin
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A doctor would make more, but they don't know what to do with their money. Most doctors make $200,000 or more per year and still don't know how to manage their money properly. |
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Don
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I would definitely guess a Doctor. Stock Brokers work off commissions, they have good times and bad times. |
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CFPwunaB
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Doctors on average, and certainly as an aggregate. There are certainly a lot more doctors than there are stock brokers, so by default you have a better chance of becoming a successful doctor, and as far as I know, computers can't cure cancer, stich some one up, or prescribe medicines... |
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djwmcginty
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In a global market like today, it is hard to tell, but one thing for sure, doctors make a definite amount of money a year. Stock Broker makes commision only, so it depends on the market ultimately. |
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I've moved to Bermuda
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depends on the broker
some brokers are making less than 50G/yr , some might make over a million |
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jonas s
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stockbroker make about $500,000 by default or they are forced out by company
generally bring in $10,000,000 at 5% commission = minimum acceptable performance
money is they only medium of success for stockbrokers
doctors have other valuations of success |
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Tyrus
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Be a doctor. Most stock brokers don't cut it because the competition is so cut throat and th profession so unethical to their clients |
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raysor
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Stockbroker. Unless by doctor you mean surgeon, consultant etc.
Stupid question really, a stockbroker could be earning £40k per annum or £200k a month.
Look at the commission of 1.85% (let's say the broker shares 50/50 with his firm.) A deal takes a matter of minutes to execute. This one deal could range from £5000-£1m or whatever. OK so on that size the comm might only be about 0.6% but one client could deal several times a day/ week. Theoretically there is no limit to the amount of money he could make. If the broker got overstreched (haha) he could employ an assistant or two for £30k each a year. I don't know much about doctors, but say a plastic surgeon, no doubt a few top ones earn a good living, but what about a GP?
Put it this way, you don't have to do a lot of work to earn a good living as a stockbroker. You cant gross less than £100000 as the company wouldn't want you! |
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whoa_lyssa
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I Would Have To Say A Doctor :D |
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$so fresh so clean$
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A stock broker is paid on commission. A doctor is on salary. So I would say a doctor. |
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