Expat Finance: Wealthy English Teacher

expat--finance

Expat Finance: How Working Abroad Set Me Up for Awesome I’ll be going back to Canada in less than two months after ten years teaching English in South Korea. There are various reasons, but mostly I’m just tired of teaching and tired of living abroad. I need a change, in a serious way. What I’m going to talk about today is money, and how you can turn your time teaching abroad into some financial awesome…

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What would you do with $80,000?

What would you do with $80,000?

What Would you do With $80,000? I talked recently about how I have quite a large amount of money coming my way soon as I’m finishing up my time teaching abroad in Korea. Pension payouts, housing deposit, etc, combined with the best exchange rate for Korean Won—>Canadian Dollars in a decade means that I’ll have roughly $90,000 come March 2016. Since I’m ridiculously frugal, and am living for free on a farm when I move…

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The Stock Market Crashes-Here’s What I Did

Stock Market Crashes-Time to Get Greedy Investing is all about fear and greed. When the stock market crashes, people get fearful and start selling. This leads to even lower stock prices because there is less demand, which leads to more selling, and then the stock prices drop even further. When the stock market is going up, people get greedy. They keep buying and buying, even when it’s apparent that the top is near which forces…

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Andrew Hallam and Dividend Paying Stocks

dividend stock

I know that many people who read this blog also like Andrew Hallam who writes about expat personal finance and investing. The other day someone who had read, The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future and had checked out the Dividend Monk’s site wondered why Hallam only invests in index funds and not dividend paying stocks and Hallam was kind enough to message me with his answer: “Great topic for discussion.…

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Payout Ratio

One of my favorite metrics that I use when determining which dividend paying stocks to buy is the payout ratio, which according to Investopedia is: “The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage.” It’s maybe helpful to think of it as similar to finances on a personal level. You have some money coming in each month and you can either spend or save it. Maybe you spend 50%…

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My Basic investing Strategy

This is a topic that I could write 100’s of posts on, and I probably will over the next year or two, but for now, I’ll just give a quick overview of my basic investing strategy. Dividend Paying Stocks Essentially, I invest in Dividend Paying Stocks.  Dividends are a portion of the company’s profits that are paid out to shareholders, usually on a quarterly basis.  There are plenty of things to consider when choosing which…

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