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Old 02-27-2020, 12:42 PM
  #16  
Bluedriver
The REAL Bluedriver
 
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
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Originally Posted by Glenn Would View Post
Can’t speak exactly for him/her, but I can guess that it’s the concern of this potentially being the start of another Lost Decade for us. I know that’s definitely a fear of mine right now: being on the wrong side of the timing (still at a regional/time-building gig, or worse, close to retirement) with another 8-10 years of stagnation (at best), or shrinking/furloughs/bankruptcies/airline closures on the horizon. Now, whether it actually happens like it did from 9/11-2012 or not remains to be seen.

With that said, I do know that there are plenty of things we can do to prevent such a disaster from completely derailing us financially. Try to get rid of as much of your debt as quickly as you can, have a diverse portfolio and stay on top of it, have at least one other source of income (preferably something that has absolutely nothing to do with airlines/aviation), and continue to learn new marketable skills and apply them to the marketplace. My opinion, of course.
Might I suggest going 100% into Orange Juice futures?
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