News on Youtube Oct 30 2018

What is the pilot pay for an international airline pilot at a US carrier

when you find out what a senior captain makes you may be like

Sweet pea geez

Coming up

963 heavy sliding one hundred zero maintain one zero ten thousand probably what he left it clear for takeoff

Sometimes when people ask you what do you do for a living what they really want to know is how much money do you make?

in this video

I'm gonna talk about the range of pay

For being a regional pilot all the way up to being a senior captain at a legacy carrier

And if you don't know me, my name is Kelsey. I'm a

747 pilot

This channel is all about aviation

consider subscribing

Let's get into it

so the rule of thumb

When it comes to what your annual pay scale is gonna be as a pilot is gonna be whatever your hourly rate is

Just add three zeros to the back of that. So to give you an idea if your hourly pay rate is $40 an hour

Generally speaking. You're gonna make about 40,000 a year. Now. The other thing to keep in mind is depending on what care you're at

You're gonna have a daily minimum and that's gonna range between your carriers

So, for example, you're gonna get paid for four hours no matter how much you fly

So in that day, maybe you only flight two hours, but you're gonna get paid for four hours and there's other days

You're gonna fly. Let's say six hours and you'll get paid for six hours

So the minimum daily

Guarantee is no matter how much you fly or while you're out on a trip

If you're out on a trip no matter if you fly one hour or four hours

You're gonna always at least get four hours of pay

If you go above that, then you'll get above that pay

So sometimes what you'll have is pilots are looking at just the hourly pay rate and that is a factor

Of course to get an idea of what it is

you're gonna be making however, there's a lot of other ways that money can be made once you get to the airlines that

Daily minimum is one of those ways. Another thing I want to address is the first year pay at most carriers

whether it be a regional or

Legacy carrier and your legacy carriers are gonna be your larger airlines, you know

American FedEx UPS

United Delta those larger carriers that have thousands and thousands of pilots

Generally speaking that first year pay is going to be a lot less than what the rest of the pink scale is gonna be

that's because the airlines are incurring a lot of expense and

Training you and they're paying you to be studying and they're paying you to be in the simulator and learn everything. So they

Don't want to pay you in salary. Is that fair? No

No

No, no, no, no no no hell no, no no a

Lot of guys don't think that that's fair, but that's the current world that we live in so, there you go

So when I talk about pay coming up what I'm gonna be addressing is 2nd year pay

so that way we can kind of have a better feel for

what you can kind of expect from that point on right now your regional carriers your second year pay is gonna range somewhere between

Thirty eight to fifty eight dollars an hour roughly and that again is gonna vary on different

Airlines have different faces and things like that and in a later video. I'll talk about how to choose

What regional would be the best fit for you but to give you an idea right now?

You're looking at thirty eight to fifty eight debts as a first officer or copilot you're looking at roughly around that range

Plus in some some regionals are doing bonuses and things like that and and I talked about that in that pilot shortage video

But that gives you an idea as far as what the pay is right now at the regionals at the regionals

roughly you're going to be looking at three to five percent of

401k contribution and what that money is is basically free money that the airlines will give you as part of a retirement plan that

Is usually based off that you stay for several years and a few other factors and you can get a range

But roughly you're looking at three to five percent. Some of them are up to ten to twelve percent after so many years of service

So there's a few other factors of what your total compensation is going to end up being once you're at the regionals

But roughly you're looking at three five percent in some cases

ten to twelve percent depending on the years of service that you've been there now in your low-cost carrier market your spirit and

JetBlue and some consider Southwest a bit of a low-cost carrier

Some some consider the low-cost carriers to be a stepping stone to get to a legacy

More and more those low-cost carriers are trying to make themselves a final destination for a lot of pilots

Especially a company like Southwest they really want you if you go there to stay there

that's obviously their their end goal and

That's reflected in their paying compensation

and

How they treat their pilots the range of pay that you're gonna see there as a first officer on second year pay that's gonna range

You know from about a hundred to one hundred and twenty dollars an hour, roughly

so when you get to that next level in your career of going to let's say a low-cost carrier if you don't go medially to

a legacy you're gonna be roughly a hundred to one hundred and twenty an hour and you're gonna have a lot more on the

Compensation on your 401k generally in your 401k at low-cost carrier you're looking at twelve to fifteen percent

Direct contribution and what that means is without you putting any money into your retirement

they're gonna take 12 to 15 percent of the money that you made that year and

Automatically give that to you as a bonus

If you made a hundred thousand, you're gonna get an extra ten thousand from the company now, you can't do anything with that money

It's set aside for your retirement, but that's still extra money. That's yours

so that gives you an idea of some extra money that you're gonna get if you're working there now on the majors or the

legacies like we talked about earlier your your page is gonna go anywhere from 130 to

175 180 something like that when you get to second year pay

So you're talking about a huge range of pay when you're looking at from a regional guy who could be making forty on

Second year pay to a legacy guy who could make making 180 on on second year pay

it's a big difference as far as

Where you start and where you end and then when you look at the captain's there that guys that are the senior captains

They're making over

$300 an hour. So I think some of them are up to 305 some are paying 320 an hour

That's a really big scale of where you could where you start from

38 to

Three hundred and twenty dollars an hour. That's a big difference in what what you're gonna be making pay wise

So there's some guys out there that are making a lot more

There's captain's that are making five hundred to six hundred thousand a year. How are they making that money?

I'm listening. Okay, the way that guys are making all that extra money is by working on their days off

so usually airlines are gonna pay a range between

One hundred and fifty two hundred percent in some cases when they're really desperate three hundred percent of your hourly rate

So if you're normally making $100 an hour, and they're really desperate in some cases

They'll be paying you

$300 an hour to do a normal regular flight that you would be operating on three hundred percent is not a common occurrence

But I've seen it before usually what you'll see is a hundred fifty percent or some variation of that on your pay

There's a bunch of other little tricks and things like that

But that gives you an idea of how those pilots are making so much extra money

So you're talking four hundred to five hundred thousand a year. They're working extra. They're working above they're

Generally assigned schedules to pick up extra trips then get that extra money. I'm rich they're not dead

sexy

Alright cruise that gives you an idea of what you can expect

Once you get to the airlines when you get to the regionals and what it's paying right now if you go to the legacies

Obviously that path can be very quick or it can take a while depending on who you are in the comments section below

Let me know the hourly rate you'd be happy with as a pilot

I look forward to hearing from you until then keep the blue side up

For more infomation >> PILOT SALARY - How much a pilot makes - Duration: 8:27.

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How much mortgage can I get approved for? (Animated) - Duration: 1:58.

- [Mujtaba] DNS in an important part

of the approval process.

So, there are certain criterias and guidelines

we'd like your credit to be at

to see maximum, minimum approval amounts.

So, if your beacon score is technically above 680

where we wanna be at, we want your TDS,

which kinda stands for total debt ratio,

so a total debt ratio is what we take,

is we take your income, we take your monthly obligations,

plus the new monthly obligations of your home

you're looking at buying, which is gonna be

your mortgage payment, property taxes,

utilities, we want that to be around 44% of your income

and the reason why the banks wanna be able to do that

is we want the extra 64,

I'm sorry, 56%

to be available just in case you might need it.

We don't want you to be house poor for sure.

So, if your beacon score is above 680,

we can go to a maximum 44% of your TDS

but unfortunately, if it's lower than 680,

we want to be at 42% of TDS.

And these are just bank accounted guidelines

that we take a look at.

We also look at something called GDS

which is your gross debt ratio,

which is just technically the housing costs

that we talked about.

For the housing costs, once again,

it's just your mortgage payments,

your property taxes, and your utilities

that technically could be part of the home.

We want that to be, once again,

if your beacon score is around 680,

we want that to be around 39%,

which is the maximum, you know,

if your beacon score is less than 680,

we unfortunately can't go more past 35%.

When we say someone has a beacon score of 680

it just means to the bank that one out of 680 people

would most likely default on a loan

compared to someone who might have a beacon score of 700.

So, one out of 700 is, it's less riskier to the bank

compared to one out of 680 or even one out of 600.

For more infomation >> How much mortgage can I get approved for? (Animated) - Duration: 1:58.

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How Much Experience Do I Need to Trade? - Duration: 6:14.

- So this video lesson,

I'm going to teach you whether or not

you need experience in order to stock trade.

(exciting music)

What's up?

Tim Sykes, millionaire mentor here

answering your questions.

A lot of people ask me

do you need experience to start.

Um, to start what, to start trading?

Yes, you need experience studying.

To start studying?

No, you need no experience whatsoever

because you're just focused on learning.

The sooner you start studying,

the sooner begins your entire process.

Because first, you do need to study

what is a stock, what are these patterns,

how do you actually trade them,

what broker to have, all the stuff that I teach.

After enough studying, you are ready for trading.

And now a lot of people say Tim,

I'm just gonna trade right away,

I don't need to study, I'll learn as I go.

You will get obliterated.

90% of traders lose money.

Never forget that stat,

there's been several academic studies.

Brokers don't wanna talk about it,

no one in the industry really wants to talk about it

because then everyone's like well,

if 90% of people lose, like, that's really low odds.

That's anything in life!

Anything worth doing, you're not gonna have good odds.

What are the odds that you're gonna be in the NBA?

Freakin' less than 10%, okay?

Probably 0.001% and you need to be genetically gifted.

With training you don't need to be genetically gifted.

I know a lot of the top traders,

they're fat, ugly, weird,

their genetics are bad, but at least

they have work ethic and they have knowledge.

And how did they get that knowledge?

They studied a lot.

What did they study?

Study patterns, study trends, study rules.

This is what I teach, you have to remember,

I had no experience when I started.

My parents gave me roughly $12,000

in my bar mitzvah gift money,

they thought I would lose it all.

They thought that it would be a good lesson for me, okay?

I would learn like, the value of a dollar.

Instead, I screwed up all their plans,

I made six figures senior year of high school.

I made nearly seven figures

between freshman and sophomore year in college.

I did make seven figures before I graduated college.

So I learned, but I also started during the tech bubble.

So I was in the right place at the right time.

You are not necessarily in a bubble right now, okay?

Unless you live in New York, Miami, or L.A.,

but that's another video.

This is not any kind of stock market bubble,

we have been in a bull market.

In fact, this is the longest bull market in history.

So it's a good time, but you're not gonna

turn 12,000 into nearly two million in four years

like I did, given the current market environment.

My top student, Tim Grittani, has turned

1,500 of his own money into seven million,

but it's taken him seven years.

For the first nine months he made nothing.

So be prepared to make nothing.

Be prepared to lose a little bit.

I'll teach you how to lose, and somebody will say

what, you're gonna teach me how to lose,

I don't need you to learn how to lose,

I can lose on my own.

You need to learn to lose small.

You need to learn how to control your risks,

to manage your losses, to not let small mistakes

turn into potential big disasters.

I'll teach you that.

So a lot of people say oh, I need experience to start.

You don't need anything!

You need the right mindset to start.

You need to understand that this is difficult,

but with enough training, with enough mentorship,

with, frankly, enough patience,

you can be successful in time.

And you need to have that perspective from the beginning.

'Cause a lot of people think oh,

I'm gonna get into the stock market

and I'm gonna make all this money right away.

That's not reality, that's dreams.

Okay, that's not real.

You'll probably make nothing

for quite a bit of time, just being real.

And in fact, if you're like most traders,

you'll probably lose.

But we can manage those losses.

You can learn to break even and over time,

one, two, three, four years,

you'll learn to spot the hottest stocks.

You'll learn to take the meat of the move.

You'll learn to grow your account exponentially

like my top students and I have done.

But you need to have the proper training

and you need to have dedication all throughout.

You're gonna have friends, you're gonna have family,

everyone saying this is a scam,

penny stocks are a scam, Tim Sykes is a scam.

I've heard it all before.

If you think that, don't learn.

Don't waste my time, 'cause I'm not a scam.

But I do require dedication,

'cause I have thousands of video lessons,

thousands of webinars, and dozens of DVDs,

all of which you're gonna have to watch.

Because this is not an exact science.

This is not like me teaching you math,

nine plus seven equals 16, no.

In different market environments, different equations work.

It's not like oh, let me just find

the exact value of the company

and that's what the stock price should be.

I'm sorry, it doesn't work like that.

Everything is moving, this is like a moving target.

I made a video lesson the other day.

I showed a scene from the movie Interstellar,

when Matthew McConaughey is like,

spinning out of control and he's trying to dock

on this space station that's spinning out of control,

and he has to match like, the space station,

like the same spinning out of control,

and then y'know, they connect and they actually succeed;

Interstellar is a great movie.

But that's what this is, the stock market is always moving.

You're always moving and you have to try

to match the best you can with a moving target.

And I'll teach you.

That's the beauty of this, you don't have to be afraid.

You have a mentor that I never had.

My job every single day is to be the mentor to you

that I never had, so you're in good hands if you trust me.

Leave a comment just below,

let me know if you're gonna be dedicated.

Let me know if you're gonna be patient.

That's the key to success in this game.

Hey, Tim Sykes, millionaire mentor and trader.

Thank you for watching my videos, I hope that they help you.

I want to share everything that I've learned over the years.

You can check out more videos right over there

and also click subscribe

so that you can watch all of these videos,

get that knowledge, and become my next millionaire student.

For more infomation >> How Much Experience Do I Need to Trade? - Duration: 6:14.

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Digital Advertising - How much should I spend? 💰 - Duration: 1:29.

So Nate is there you know a formula or a way to figure out how much a business

should spend on digital advertising? Yeah it's a great question. It's probably the

number one question we get as an agency. How much should I spend? Yeah, I want to

advertise but I have no idea how much to spend in the digital world and really

that comes down to a lot of research on our end trying to figure out

what platform would work best for you but then really trying to figure out

what your goals are as a business. Is your goal to kind of like we said before

is your goal to gain ten new leads or is your goal to simply just get your

brand out in a new area? From the brand awareness perspective it could be it

could be anything you could really spend as much as you

wanted to because we have so many platforms that we could use but if it

really comes down to, I am just looking to get five new leads per month then that

really helps us understand what budget to allocate to get those leads that

you're looking for. And if you have that number of what does it cost per lead or

you know how much is a customer worth to me then that helps us figure

out that as well. Exactly, so if your cost per lead is a hundred dollars and you

want five new leads your budget better be five hundred dollars or more or the

expectations just won't match up.

For more infomation >> Digital Advertising - How much should I spend? 💰 - Duration: 1:29.

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How Much Should Roof Cost Xactimate - Duration: 0:38.

This topic is on how much a roof should cost: Xactimate. When an insurance company

insures your home, they know exactly how much they're supposed to be paying you

for a new roof; however, they never want to disclose this to you, because, quite

frankly, they want to see how much money they can put in their own pockets. At

Kelly Roofing, we wanted to make sure that we knew exactly how much they were

paying you, or how much was deserved from you from the insurance company. So we

went out and actually got the same pricing program as they use. So we knew

to the penny how much the insurance company was supposed to be giving you

for a new roof. That way, when you had a quote from us, you were getting

everything that was deserved and that we can put you in the best possible

position with the best possible roof moving forward.