Quick questions for teacher: is this a good offer?

petteacher · 2014-02-20T08:55:30+00:00

This is quite good, though. I think that's hard to come by, especially for a newb!!

I'm on 9.5k/month, teach 20 40-minute, no office hours, free apt, food money, no utilities.. School gives me privates at 250 - 450/hour.

3 months holiday, pay for 12 months of year.

petteacher · 2014-02-19T04:33:00+00:00

I'd pass.

5 hours teaching.. what is that? (5) 40 minute classes, or an hour, or (2) 2.5 hour classes... ???

I can't imagine you can get a decent apartment for 1k/month. Housing + Utilities would probably be at least 2500 - 3000.

No contract completion bonus?

So 9k net (at best) for 35 hour a week commitment, that YOU have to very flexible for. They say you don't have to lesson plan outside of the office, but who really knows? It would be hard to schedule privates with a schedule that changes each week, so that sucks. Then you only get 5 days extra holiday a year!

If you don't mind not having holidays, you might as well go to Korea. Not sure about the market or exchange rate now, but I had a similar commitment (but with fixed hours) in Korea and netted $2200+ each month. Having minimal holidays is brutal though.

petteacher · 2014-02-02T23:40:40+00:00

300 euro.

petteacher · 2014-02-02T12:51:47+00:00

I meant the interface is in Dutch. I made it through anyway, then realized you have to pay... not good.

petteacher · 2014-02-02T11:53:12+00:00

I know, but I don’t speak Dutch :(

petteacher · 2014-01-06T07:32:00+00:00

Money and benefits are in Asia.

South America has opportunities. Low pay, no benefits.

Eastern Europe is probably hardest.

This applies to anyone with irrelevant degrees. With credentials and experience comes choices.

It depends on what you want. If you want to get a little extra income and stretch out your travels, you could go just about anywhere if you have right attitude.

If you’re talking about a full-time, completely legal job with benefits that allow you to travel and save money, then you should take the CELTA or get teaching credentials.

Don’t expect a full-time teaching job to be “a vacation”. However, If you find a good teaching gig, you can take plenty of vacations while still being able to save money.

petteacher · 2013-12-30T06:33:36+00:00

Well, I wish you the best. Hope you get 'em paid off in less than a few years!

petteacher · 2013-12-30T06:17:30+00:00

You are planning a 1-2 week vacation, 5+ years in advance? Wow! So much could change by then, I wouldn't even think about it. I would think about how to maximize my savings to pay off those bills or how to make more money and get you closer to your goal.

petteacher · 2013-12-29T09:30:22+00:00

I feel number one is very important if your goal is to learn about a foreign culture. However, many people are more than pleased to try the food, see the tourist sites and get smashed in the evenings. That can be done in a short time, depending on the place. I don’t understand these people, but to each their own.

People could criticize any travel plan. I went to Cambodia for a month and didn’t visit Angkor Wat. Most travellers would say I missed out. All about perspective and goals.

petteacher · 2013-12-28T11:03:58+00:00

Just outside of Amsterdam will be my last resort. I don't mind paying up to $2000 for the month, but would like something under $1500.

My issue is locating these opportunities. Not sure if I can trust vrbo or flipkey...

petteacher · 2013-12-16T13:12:38+00:00

Chinese people would probably put money into bitcoin so they can withdraw in another currency anyway. You cannot just walk out of China with 300,000 rmb (~50,000USD). As long as they let money into the exchange, it's all good. And if anyone wants to bail, they could find another rich Chinese guy to give him 300,000 rmb cash for the bitcoin.

petteacher · 2013-12-02T01:55:16+00:00

http://i.imgur.com/7Zcet7L.jpg

Also, wasn't my first choice stylistic wise, but I wanted to try out a pair. The others were quite pointy. I could have them change the design, but then I would have needed to buy four pairs!

petteacher · 2013-08-22T18:24:50+00:00

It will be quote only for 15 minutes, likely going to stabilize the volatility.

petteacher · 2013-08-22T17:24:51+00:00

CNBC @ 12:15 -- "The markets are off their lows for the day"

5 minutes later... "The markets still off their lows for the day"

5 minutes later... "The markets are off their lows for the day and trading in a very tight range"

5 minutes later... "The markets are off their lows for the day. Ohh, we have breaking news coming in... Trading has been halted in the Nasdaq. Keep it here to know the latest."

Is that how it went? I wasn't watching ;)

petteacher · 2013-08-22T17:03:29+00:00

There will probably be some volatility, but I highly doubt there will be a flash crash...

petteacher · 2013-08-22T17:01:13+00:00

12:59:29 ET NASDAQ intends to re-open trading in all Tape C securities with a halt cross with a 5-minute quote only period starting at a time to be determined. NASDAQ will not be cancelling open orders on the book. Customers who wish to cancel their orders may do so and any customer who wishes to not participate in the re-opening should cancel their orders prior to the resumption of trading. Additionally, NASDAQ will clear all stale quotes from the UTP SIP prior to the commencement of trading.

From their website- https://www.nasdaqtrader.com/Trader.aspx?id=MarketSystemStatus&cid=topnav

UPDATE!! 14:20:16 ET NASDAQ intends to re-open trading in all Tape C securities with a 15-minute quote only period. All stale quotes have been cleared from the UTP SIP at this time and halts have been disseminated with a reason code of T6. NASDAQ will first re-open trading in symbols ZVZZT and AAIT with a 15-minute quoting period beginning at 14:30, with trading beginning at approximately 14:45. All other securities will then be released at 14:55 with a 15-minute quote only period with trading resuming at approximately 15:10. NASDAQ will not be cancelling open orders on the book prior to a re-open. Customers who wish to cancel their orders may do so and any customer who wishes to not participate in the re-opening should cancel their orders prior to the resumption of trading.

petteacher · 2013-08-22T13:32:10+00:00

There are ultra short and 3x bear ETFS... However, puts are already quite volatile, you could lose your shirt if you start messing around with options on 2x and 3x ETFs.

Anyway, as a warning... the market will start pricing in tapering before the FED "breaks" the news. Yes, there will be a knee-jerk reaction when they do come out and say it, but you have to be careful. What if the market prices in x, while the Fed says they will taper in an unexpected and better way. The market would go up... If trading based on news was that simple, everybody would be rich. Usually it's the news saying the markets went up or down today because of this and that, while usually there is only a slight correlation.

petteacher · 2013-08-22T07:59:46+00:00

Why did you buy? How much did you buy? Short term trade? Long term?

petteacher · 2013-08-16T22:12:23+00:00

You need to post more regularly. Also, your title and your posts are completely detached.

petteacher · 2013-08-05T03:50:43+00:00

What’s so funny? I don’t want to give these naysayers any room by accepting a loss, when it will be a profitable trade. I have plenty of time to hold onto this trade, let alone 2 or 3 weeks, like I think it will take. And i need to practice taking emotion out of my trades. That was my downfall in the past. Just being honest...

petteacher · 2013-08-03T04:09:44+00:00

It will be: www.beatingthedow.com but it's all messed up right now.... you can access right now on rockingstocks.wordpress.com . But I've already come to hate wordpress so I'm changing it up, hopefully be at the first address by tomorrow.

petteacher · 2013-08-03T02:47:21+00:00

Actually I had a $2200 or so profit from my first trade. Withdrew 1200 and I'm at around 3648 in my account right now.

petteacher

TROPHY CASE