Originally Posted by
Trip7
I think you summed it up well. In essence, a pilot with a long time horizon signing up for the MBCBP would be giving up control of their money for a targeted 5% return (IMO will likely be worse than that due to rising interest rates decreasing bond prices) for a tax crap shoot in the future. I would much rather take the known(current tax rate) pay that, and control my own destiny with Real Estate Partnerships and Value investing. If I had 5ish years or less left I'd definitely look into the MBCBP. JMHO... DYODD... YMMV
been reading over AA’s version of our contract -er, I mean their brand new AIP…
The cliff notes verbiage in the section under MBCBP indicates their spillover funds will be “self directed”. Sounds like they might get to choose their own investments (perhaps within a selected menu of funds?). Anyone want to chime in on the future possibility of adding additional investment options to our program? Perhaps that hope might cause some of the no’s to reconsider.
-Bo