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Old 03-05-2014 | 06:43 PM
  #30  
LeineLodge
Gets Weekends Off
 
Joined: Apr 2008
Posts: 2,206
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From: DAL FO
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Originally Posted by FL370
Sadly, Delta has allowed Financial Engines to spam us all. I initially were intrigued but soon realized what a mistake it would have been to use them. I am disturbed with the literature and sales job done by Fidelity and FE. I sold my Delta stock and bought Tesla among others. Certainly haven't regretted that choice.

Oh, and I used to be a series 7 stockbroker and financial journalist and have two basic advices:
1. Don't have stock in the company you work for (too emotionally attached. Think Enron.)
2. Don't buy airline stock - ever.
This^^^^

Of course I wish I still had my merger stock now that it's up in the 30's, but I sleep better knowing I'm not totally screwed if something happens to delta. I got out about the same point as Buzz and haven't looked back once.

Btw, Buzz, if you got out at 13ish and immediately reinvested it in the market you still are doing okay - and much more diversified wrt to your "airline career" exposure. It's not a matter of IF the airline stocks will take a bath again, but when.

Btw, Mary Ann no question.
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