Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > American
First / Second year pay... >

First / Second year pay...

Search
Notices

First / Second year pay...

Thread Tools
 
Search this Thread
 
Old 12-04-2019, 08:06 PM
  #81  
Gets Weekends Off
 
Buzzlightyear's Avatar
 
Joined APC: Mar 2014
Posts: 569
Default

Originally Posted by black cat View Post
Four months ago?? They were screaming recession this time last year. My retirement and brokerage account has spoken otherwise though, thankfully.
I’m one of them. Market valuation today is only exceeded by the Dow in Oct 1929. The market promptly lost 83% after this “permanently high plateau.” The Fed is cutting rates while at all time highs. $300 billion in three months to prevent a liquidity seizure of the bank repo market. Funds rate near zero and GDP still can’t grow. How do these things make sense? Do these things sound like a normal functioning market?
Buzzlightyear is offline  
Old 12-05-2019, 01:26 AM
  #82  
You scratched my anchor
 
Al Czervik's Avatar
 
Joined APC: Feb 2011
Posts: 4,876
Default

Originally Posted by Buzzlightyear View Post
I’m one of them. Market valuation today is only exceeded by the Dow in Oct 1929. The market promptly lost 83% after this “permanently high plateau.” The Fed is cutting rates while at all time highs. $300 billion in three months to prevent a liquidity seizure of the bank repo market. Funds rate near zero and GDP still can’t grow. How do these things make sense? Do these things sound like a normal functioning market?
Buzz,

Re read this. Unless you can pick the highs and lows...
Always invest, Always along term. It always pays off.

https://awealthofcommonsense.com/201...-market-timer/
Al Czervik is offline  
Old 12-05-2019, 02:22 AM
  #83  
Gets Weekends Off
Thread Starter
 
chrisreedrules's Avatar
 
Joined APC: Feb 2012
Position: CRJ FO
Posts: 4,599
Default

Originally Posted by Al Czervik View Post
Buzz,

Re read this. Unless you can pick the highs and lows...
Always invest, Always along term. It always pays off.

https://awealthofcommonsense.com/201...-market-timer/
I’m with Buzz on this one... Market isn’t healthy despite everyone still making money. A correction will come, it’s inevitable. The longer they stave it off by pumping money and lowering interest rates the more painful it’s likely to be.
chrisreedrules is offline  
Old 12-05-2019, 03:30 AM
  #84  
You scratched my anchor
 
Al Czervik's Avatar
 
Joined APC: Feb 2011
Posts: 4,876
Default

Originally Posted by chrisreedrules View Post
I’m with Buzz on this one... Market isn’t healthy despite everyone still making money. A correction will come, it’s inevitable. The longer they stave it off by pumping money and lowering interest rates the more painful it’s likely to be.
So you’re pulling everything out and parking your cash?
Al Czervik is offline  
Old 12-05-2019, 05:12 AM
  #85  
Gets Weekends Off
 
Herc130AV8R's Avatar
 
Joined APC: Jan 2006
Position: C-130
Posts: 149
Default

Confirm training pay is 85 hours at first year rate? How long does training pay last? Through IOE or just until you leave the training center?
Herc130AV8R is offline  
Old 12-05-2019, 05:29 AM
  #86  
Gets Weekends Off
 
Joined APC: Apr 2015
Posts: 339
Default

Originally Posted by Herc130AV8R View Post
Confirm training pay is 85 hours at first year rate? How long does training pay last? Through IOE or just until you leave the training center?
So during Indoc, you’ll be picking airframes and training slots. The end date of the training slot you pick will be the date of pay. So year one pay ends on that expect training completion date 12 calendar months later. As far as training pay I believe (I don’t have the contract in front of me) you get the average line value each month until the first full bidding month after IOE completion.
Sorry if this is poorly worded, my brain is running too many things.
OVBIII is offline  
Old 12-05-2019, 05:32 AM
  #87  
Gets Weekends Off
 
Buzzlightyear's Avatar
 
Joined APC: Mar 2014
Posts: 569
Default

Originally Posted by Al Czervik View Post
Buzz,

Re read this. Unless you can pick the highs and lows...
Always invest, Always along term. It always pays off.

https://awealthofcommonsense.com/201...-market-timer/
Nobody can pick the highs and lows I get that but we are seeing all of the hallmarks of the “highs” historically speaking. Protecting yourself here is wise and prudent. Not here to change your mind, just a word of caution.
Buzzlightyear is offline  
Old 12-05-2019, 05:36 AM
  #88  
You scratched my anchor
 
Al Czervik's Avatar
 
Joined APC: Feb 2011
Posts: 4,876
Default

Originally Posted by Buzzlightyear View Post
Nobody can pick the highs and lows I get that but we are seeing all of the hallmarks of the “highs” historically speaking. Protecting yourself here is wise and prudent. Not here to change your mind, just a word of caution.
I’m interested as to what you do and when?
Al Czervik is offline  
Old 12-05-2019, 05:50 AM
  #89  
Gets Weekends Off
 
Buzzlightyear's Avatar
 
Joined APC: Mar 2014
Posts: 569
Default

Originally Posted by Al Czervik View Post
I’m interested as to what you do and when?
To throw stones at or because you are truly interested? Your article cherry picked the biggest bull market in history btw.
Buzzlightyear is offline  
Old 12-05-2019, 06:09 AM
  #90  
You scratched my anchor
 
Al Czervik's Avatar
 
Joined APC: Feb 2011
Posts: 4,876
Default

Originally Posted by Buzzlightyear View Post
To throw stones at or because you are truly interested? Your article cherry picked the biggest bull market in history btw.
Interested. I cant see doing anything other than what has always worked. The problem I have with (what I perceive as) your logic is when to sell assets/move monies. You really never make or lose money until you lock in that gain or loss. I’ve weathered multiple downturns. The most recent was almost on par with the Great Depression. People were calling for a downturn/large adjustment last year. I have made a lot of money on my investments over the last year. Honestly interested.
Al Czervik is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
juswalk
PSA Airlines
27
07-08-2018 11:57 AM
Raptor
FedEx
132
07-20-2016 05:08 PM
MikeF16
Delta
179
02-03-2016 08:22 PM
A321
American
89
01-28-2015 06:55 PM
Bill Lumberg
Major
61
06-11-2012 10:55 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices