Home › Forums › Financial Markets/Economics › jesus the nikkei down 6.04 %
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October 8, 2008 at 12:24 AM #283470October 8, 2008 at 12:28 AM #283138stockstradrParticipant
Consider consulting in china
Thirty days ago, the GM for our Beijing R&D center calls me up cold. Asks if I wanna come over to Beijing on a two year contract paid the equivalent in RMB to my existing US salary.
For example, let’s say I make $175K/year today. Next month I’m in China making 6.8 X 175,000 = 1.2 million RMB/year. However, no ex-pat package (no housing allowance…etc)
Implication: built-in salary increase every year in dollars, due to the exchange rate move! Plus I get my typical raise on top of that.
My wife forced me to turn down that offer. She’s Chinese and yet doesn’t want to go back to China! I married a Chinese and that prevents me from now living in China? How the hell does that make sense? We had a full week of yelling matches over that topic.
She’s a high school teacher who is only one year away from getting her tenure…and she has just landed a full time job in Palo Alto, one of the most sought-after Silicon Valley school districts (both for teachers and students). She didn’t want to give that up for a teaching position in Beijing.
True story.
October 8, 2008 at 12:28 AM #283422stockstradrParticipantConsider consulting in china
Thirty days ago, the GM for our Beijing R&D center calls me up cold. Asks if I wanna come over to Beijing on a two year contract paid the equivalent in RMB to my existing US salary.
For example, let’s say I make $175K/year today. Next month I’m in China making 6.8 X 175,000 = 1.2 million RMB/year. However, no ex-pat package (no housing allowance…etc)
Implication: built-in salary increase every year in dollars, due to the exchange rate move! Plus I get my typical raise on top of that.
My wife forced me to turn down that offer. She’s Chinese and yet doesn’t want to go back to China! I married a Chinese and that prevents me from now living in China? How the hell does that make sense? We had a full week of yelling matches over that topic.
She’s a high school teacher who is only one year away from getting her tenure…and she has just landed a full time job in Palo Alto, one of the most sought-after Silicon Valley school districts (both for teachers and students). She didn’t want to give that up for a teaching position in Beijing.
True story.
October 8, 2008 at 12:28 AM #283449stockstradrParticipantConsider consulting in china
Thirty days ago, the GM for our Beijing R&D center calls me up cold. Asks if I wanna come over to Beijing on a two year contract paid the equivalent in RMB to my existing US salary.
For example, let’s say I make $175K/year today. Next month I’m in China making 6.8 X 175,000 = 1.2 million RMB/year. However, no ex-pat package (no housing allowance…etc)
Implication: built-in salary increase every year in dollars, due to the exchange rate move! Plus I get my typical raise on top of that.
My wife forced me to turn down that offer. She’s Chinese and yet doesn’t want to go back to China! I married a Chinese and that prevents me from now living in China? How the hell does that make sense? We had a full week of yelling matches over that topic.
She’s a high school teacher who is only one year away from getting her tenure…and she has just landed a full time job in Palo Alto, one of the most sought-after Silicon Valley school districts (both for teachers and students). She didn’t want to give that up for a teaching position in Beijing.
True story.
October 8, 2008 at 12:28 AM #283466stockstradrParticipantConsider consulting in china
Thirty days ago, the GM for our Beijing R&D center calls me up cold. Asks if I wanna come over to Beijing on a two year contract paid the equivalent in RMB to my existing US salary.
For example, let’s say I make $175K/year today. Next month I’m in China making 6.8 X 175,000 = 1.2 million RMB/year. However, no ex-pat package (no housing allowance…etc)
Implication: built-in salary increase every year in dollars, due to the exchange rate move! Plus I get my typical raise on top of that.
My wife forced me to turn down that offer. She’s Chinese and yet doesn’t want to go back to China! I married a Chinese and that prevents me from now living in China? How the hell does that make sense? We had a full week of yelling matches over that topic.
She’s a high school teacher who is only one year away from getting her tenure…and she has just landed a full time job in Palo Alto, one of the most sought-after Silicon Valley school districts (both for teachers and students). She didn’t want to give that up for a teaching position in Beijing.
True story.
October 8, 2008 at 12:28 AM #283475stockstradrParticipantConsider consulting in china
Thirty days ago, the GM for our Beijing R&D center calls me up cold. Asks if I wanna come over to Beijing on a two year contract paid the equivalent in RMB to my existing US salary.
For example, let’s say I make $175K/year today. Next month I’m in China making 6.8 X 175,000 = 1.2 million RMB/year. However, no ex-pat package (no housing allowance…etc)
Implication: built-in salary increase every year in dollars, due to the exchange rate move! Plus I get my typical raise on top of that.
My wife forced me to turn down that offer. She’s Chinese and yet doesn’t want to go back to China! I married a Chinese and that prevents me from now living in China? How the hell does that make sense? We had a full week of yelling matches over that topic.
She’s a high school teacher who is only one year away from getting her tenure…and she has just landed a full time job in Palo Alto, one of the most sought-after Silicon Valley school districts (both for teachers and students). She didn’t want to give that up for a teaching position in Beijing.
True story.
October 8, 2008 at 12:59 AM #283148CoronitaParticipantSo stockstrader,
Dumb question, do you have a roth account that you make regular contributions to? I guess I’m curious if you’re allowed to short sell from them.
October 8, 2008 at 12:59 AM #283432CoronitaParticipantSo stockstrader,
Dumb question, do you have a roth account that you make regular contributions to? I guess I’m curious if you’re allowed to short sell from them.
October 8, 2008 at 12:59 AM #283459CoronitaParticipantSo stockstrader,
Dumb question, do you have a roth account that you make regular contributions to? I guess I’m curious if you’re allowed to short sell from them.
October 8, 2008 at 12:59 AM #283476CoronitaParticipantSo stockstrader,
Dumb question, do you have a roth account that you make regular contributions to? I guess I’m curious if you’re allowed to short sell from them.
October 8, 2008 at 12:59 AM #283485CoronitaParticipantSo stockstrader,
Dumb question, do you have a roth account that you make regular contributions to? I guess I’m curious if you’re allowed to short sell from them.
October 8, 2008 at 1:43 AM #283158kev374ParticipantFutures are down 307 as of now…tommorow is at the best going to be a down day, at the worst going to be brutal.
October 8, 2008 at 1:43 AM #283442kev374ParticipantFutures are down 307 as of now…tommorow is at the best going to be a down day, at the worst going to be brutal.
October 8, 2008 at 1:43 AM #283469kev374ParticipantFutures are down 307 as of now…tommorow is at the best going to be a down day, at the worst going to be brutal.
October 8, 2008 at 1:43 AM #283486kev374ParticipantFutures are down 307 as of now…tommorow is at the best going to be a down day, at the worst going to be brutal.
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