Originally Posted by
jsled
HA! you show me another job, in or out of the industry, where the company 401K contribution is 16%! No match, just 16%. Medocre, my arse. I suspect AA's bankruptcy will affect me about as much as UA's affected AA pilots. ie. not much. The fact that your whining over possible RJ gains at AMR is comical. Go back a few years and read some of your posts. Then let the irony/hypocracy sink in. Pot, meet kettle.
Who needs that extra 10% above typical industry (6-8 %) when you're making another $30-75,000/year like several "blue-collar" guys I know?
Both my Fidelity and Schwab investments BLOW AWAY my 401(k) and of course, there's nothing like straight cash to count on and use to maximum advatage. My "RJ posts" of the past were virtually ALL geared how mainline pilots (regional pilots will too, they just refuse to see that yet) were going to lose on scope and pay the price as more and larger RJ's proliferate, taking more of their flying and driving mainline pilots earning power into the gutter. They were also about the unions either standing around and letting it happen (ALPA) or likely being powerless to stop it (APA).
You saying I'm wrong now ?
Look around, dude..........open your eyes and look around.
It's all happening exactly as I said. The only losers are pilots...............ALL pilots. AA is the last stick holding up the mainline pilot fantasy barn and soon that will likely fall taking other mainline pilots along with it.
GAME OVER.