Lot of $$ / Buy vs. Rent
11-01-2024 | 12:48 AM
#111
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fixed rates, he does all the maintenance himself. Mortgage cost X, he charges Y. Has over 10 properties and little to no headaches.. it’s a long game and someone else is laying his mortgages and he’s making great money on some and only a couple hundred bucks on others until he refinances at lower rates. He doesn’t have any rising costs, they’re all fixed
11-01-2024 | 05:25 AM
#112
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From: Not an RJ driver anymore
we've switched our approach and are instead focused on going all in to pay the house off early. The idea is, we can pay this thing off completely in about 2-3 years. From there, I can save a boatload of money, buy another property in cash, and not even worry about having to rent anything out. I can literally have two homes before I'm 50 years old.
11-01-2024 | 05:45 AM
#113
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we've switched our approach and are instead focused on going all in to pay the house off early. The idea is, we can pay this thing off completely in about 2-3 years. From there, I can save a boatload of money, buy another property in cash, and not even worry about having to rent anything out. I can literally have two homes before I'm 50 years old.
11-01-2024 | 06:43 AM
#114
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From: Not an RJ driver anymore
11-01-2024 | 07:41 AM
#115
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Among those I’ve known who were awash in cash, no one got much more joy out of more stuff…nor stuff that requires even more stuff (furniture, decorations, time, attention). The people I’ve known to put their “excess” income to work for other people (e.g., sponsor a kid’s pilot’s license, buy a budding musician a nice instrument, fund a deserving kid’s summer camp, help a battered spouse find safety), have minimal or zero regret. Perhaps some of those lessons aren’t learned until you’re over 50, though.
11-01-2024 | 10:04 AM
#116
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11-01-2024 | 10:36 AM
#117
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With respect, is it possible your perspective is not his perspective?
Your perspective seems to be legacy airline pilots vs. the masses.
His perspective seems to be legacy pilot pay to historic legacy pilot pay.
You can both have valid perspectives.
BTW.....seems like every contract negotation the old argument comes up of how much behind pilot pay is compared to the "cadillac a month" of yesteryear. People who trot out the arguments of "reasonablness" I see here are shouted down as managent shills, but then those same people have a change of perspective and want to cherry pick evry contract and "get it all", "Their is no quantifiable pie that needs to be divided, it's en endless buffet"
Funny thing about perspectives, isn't it?
Your perspective seems to be legacy airline pilots vs. the masses.
His perspective seems to be legacy pilot pay to historic legacy pilot pay.
You can both have valid perspectives.
BTW.....seems like every contract negotation the old argument comes up of how much behind pilot pay is compared to the "cadillac a month" of yesteryear. People who trot out the arguments of "reasonablness" I see here are shouted down as managent shills, but then those same people have a change of perspective and want to cherry pick evry contract and "get it all", "Their is no quantifiable pie that needs to be divided, it's en endless buffet"
Funny thing about perspectives, isn't it?
The last 4 years have been my best ever in my life and i'm going to go out on a limb and say it's been that way for all major airline pilots.
Nobody here has it "hard".
11-01-2024 | 11:00 AM
#118
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11-01-2024 | 11:02 AM
#119
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The stove we changed because we wanted, but it was pretty affordable $1,000 in sale with air fryer as part of the oven.
11-01-2024 | 11:13 AM
#120
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Every legacy airline pilot has seen double digit pay growth since covid. Thats not even including the 50k+ Most of us got in "retro".
The last 4 years have been my best ever in my life and i'm going to go out on a limb and say it's been that way for all major airline pilots.
Nobody here has it "hard".
The last 4 years have been my best ever in my life and i'm going to go out on a limb and say it's been that way for all major airline pilots.
Nobody here has it "hard".
Also my 401k has doubled, and the equity in my house has increased several hundred thousand dollars.
How any of you people can be anxious about your current financial issues boggles my mind.
When we start facing headwinds and the country is embroiled in much more chaos airline pilots are going to be absolute balls of anxiety.
We will likely know in a week if that’s gonna be very soon or sometime later in the future for some other reason. But it’s gonna happen.
