Originally Posted by
Gone Flying
this is tired advise from an era where many pilots
1) were cut from the same mold, many had little real world experience outside the military and flying for airlines.
2) had not had a reason to look outside aviation to gain financial independence.
the lost decade forced many pilots to become experts at something outside aviation. Many left altogether and came back with a lot more knowledge in another field.
the post 2014 hiring also changed demographics substantially. I’ve flown with several pilots who left established careers as lawyers, accountants, financial advisors, ect to become pilots. We also have access to infinite resources with the internet now and many pilots have taken it upon themselves to learn a new way to generate income/ wealth.
agreed. Some bad advise out there for sure. But I’ve flown with several pilots who have made enough in another field that working here making what we do is just their fun money.
My luck has been flying with crypto bros (which I’m not touching), and the options traders. Who on that 2-day trip, lost 5k on one day, but gained 8k the next. Those kinda daily swings would be anxiety inducing.
No thanks.
And nah - still not taking financial advice from airline pilots. If they were really that good, they would not be working as airline pilots. There are paid professionals whose sole job is the financial world, investments, etc.