Thirty-seven percent of physician specialists have invested in a stock or company that turned out badly. according to Medscape's "Physician Wealth and Debt Report 2023."
The report, published June 9, surveyed 10,011 physicians across more than 29 specialties about their income, net worth, and more from Oct. 7 to Jan. 17.
Here is how physicians answered the question, "What were your bad investments?"
I invested in a stock or company that turned out badly
Primary care physicians: 33 percent
Specialists: 37 percent
I made a real estate investment that turned out poorly
Primary care physicians: 11 percent
Specialists: 11 percent
I invested in something else that did not work out
Primary care physicians: 18 percent
Specialists: 20 percent
I have never made a particular investing mistake
Primary care physicians: 33 percent
Specialists: 34 percent
I haven't made any investments
Primary care physicians: 17 percent
Specialists: 12 percent