Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Delta
Any "Latest & Greatest" about Delta? >

Any "Latest & Greatest" about Delta?

Search
Notices

Any "Latest & Greatest" about Delta?

Thread Tools
 
Search this Thread
 
Old 07-17-2012, 04:29 PM
  #105741  
Gets Weekends Off
 
MoonShot's Avatar
 
Joined APC: Feb 2007
Posts: 1,045
Default

Originally Posted by flyallnite View Post
As always 'Bid what you want; Want what you bid' is the best advice when considering your options.
I always follow this advice. I bid what I want, and I want what I bid. The only issue is that I'm never senior enough to hold what I want or bid!
MoonShot is offline  
Old 07-17-2012, 04:33 PM
  #105742  
Line Holder
 
Joined APC: Feb 2008
Posts: 40
Default

Originally Posted by dalad View Post
While I'm thinking about it, is anybody in a decent bond fund where my money can grow better than the Fidelity money market?
You can get about 5% in a Preferred share fund (Fidelity Focused High Income Fund FHIFX or about 4.5% in a Bond Fund (Fidelity Strategic Income FSICX). This is independent of the increased NAV share price. You can look it up, by I think they are averaging about 6% annually with these two funds. The best thing, I think, is to just buy the preferred shares themselves.

With a par value of 25, there are many offerings that pay between 7 and 8%. Check out Ford preferred, Bank of America Preferred, JP Morgan, Barclays, GM, Credit Suisse etc. If you look at a couple of the high income/dividend funds and compare the top ten holdings of each fund, you will probably see many of the same 'faces' in each fund. Simply buy those preferreds that you see in all of the funds on your own and you will make an extra 1% over the managed funds.

The downside is limited (unless the company goes bankrupt) to the par value in the case of a company recall of the shares.

You can also take some of your cash in invest in a Business Development Unit such as Blackrock Capital (BKCC) or Annalay Capital or Main Street Capital (MAIN). These payers usually pay >8%. They are required by the IRS to payout to the shareholders, 90% of their proceeds. There is more risk involved in these equities, so DYODD. However, if you balance a portfolio so that you have something like 50% in a managed fund, 30% in individual preferreds and 20% in BDUs or capital management funds you will come out with around ann 8% average annual return.

As always, take financial advice from a pilot with a grain of salt. After all, we were all dumb enough to choose this as a career instead of marrying rich.
nyc7erb is offline  
Old 07-17-2012, 04:52 PM
  #105743  
No longer cares
 
tsquare's Avatar
 
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Default

Originally Posted by flyallnite View Post
I think a lot of us would question that
A lot? Really?
tsquare is offline  
Old 07-17-2012, 05:34 PM
  #105744  
veut gagner à la loterie
 
forgot to bid's Avatar
 
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Default

Originally Posted by Timbo View Post
How much tailwheel time you got?
I had 600 hours of Brasilia time.

Which should have required a tailwheel sign off.
forgot to bid is offline  
Old 07-17-2012, 06:27 PM
  #105745  
The Brown Dot +1
 
scambo1's Avatar
 
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Default

Originally Posted by SupaflyGuy View Post
Some of you are kind of jackasses. Sorry I wasted your time asking a couple innocent questions. I hear from my friends at Delta that it is a great place to work and that everyone is so happy. Now I question that, after some of your responses...

And, yes, mil IP with 14 yrs of service. Does that count?
Well some of the things you should have learned are how to think critically, how to write and convey your meaning and most importantly: If you didn't win the debrief, you lost.
scambo1 is offline  
Old 07-17-2012, 06:30 PM
  #105746  
The Brown Dot +1
 
scambo1's Avatar
 
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Default

Originally Posted by SailorJerry View Post
Oddly I think this ties into a Regional thread about the "BRO".

I thought the final name choice was the "mansiere"
scambo1 is offline  
Old 07-17-2012, 07:07 PM
  #105747  
Can't abide NAI
 
Bucking Bar's Avatar
 
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,993
Default

ABC affiliate, Channel 9, reporting Comair getting shut down October 1.

No Delta sources quoted on confirmation.

Of course thee billions of dollars flushed are not considered a cost of outsourcing. Sorry to hear this, if true. Many had nothing to do with the unpleasant events hat divided our union. Comair was a multi billion dollar company; then Delta bought them.

Last edited by Bucking Bar; 07-17-2012 at 07:21 PM.
Bucking Bar is offline  
Old 07-17-2012, 07:12 PM
  #105748  
Gets Weekends Off
 
LOBO's Avatar
 
Joined APC: Jan 2007
Position: Right Seat over the CONUS
Posts: 326
Default

Originally Posted by Bucking Bar View Post
ABC affiliate, Channel 8, reporting Comair getting shut down October 1.

No Delta sources quoted on confirmation.

Of course thee billions of dollars flushed are not considered a cost of outsourcing....

WFAA???....
LOBO is offline  
Old 07-17-2012, 07:17 PM
  #105749  
Can't abide NAI
 
Bucking Bar's Avatar
 
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,993
Default

Originally Posted by LOBO View Post
WFAA???....
I-Team: Comair shutting down?
Bucking Bar is offline  
Old 07-17-2012, 07:22 PM
  #105750  
Banned
 
Joined APC: Apr 2010
Posts: 394
Default

Originally Posted by nyc7erb View Post
You can get about 5% in a Preferred share fund (Fidelity Focused High Income Fund FHIFX or about 4.5% in a Bond Fund (Fidelity Strategic Income FSICX). This is independent of the increased NAV share price. You can look it up, by I think they are averaging about 6% annually with these two funds. The best thing, I think, is to just buy the preferred shares themselves.

With a par value of 25, there are many offerings that pay between 7 and 8%. Check out Ford preferred, Bank of America Preferred, JP Morgan, Barclays, GM, Credit Suisse etc. If you look at a couple of the high income/dividend funds and compare the top ten holdings of each fund, you will probably see many of the same 'faces' in each fund. Simply buy those preferreds that you see in all of the funds on your own and you will make an extra 1% over the managed funds.

The downside is limited (unless the company goes bankrupt) to the par value in the case of a company recall of the shares.

You can also take some of your cash in invest in a Business Development Unit such as Blackrock Capital (BKCC) or Annalay Capital or Main Street Capital (MAIN). These payers usually pay >8%. They are required by the IRS to payout to the shareholders, 90% of their proceeds. There is more risk involved in these equities, so DYODD. However, if you balance a portfolio so that you have something like 50% in a managed fund, 30% in individual preferreds and 20% in BDUs or capital management funds you will come out with around ann 8% average annual return.

As always, take financial advice from a pilot with a grain of salt. After all, we were all dumb enough to choose this as a career instead of marrying rich.
The discussion on this board may be of some interest to you and dalad

Bogleheads • View topic - Another look at high yield bonds
texavia is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
On Autopilot
Regional
22594
11-05-2021 07:03 AM
AeroCrewSolut
Delta
153
08-14-2018 12:18 PM
Bill Lumberg
Major
71
06-13-2012 08:36 AM
Quagmire
Major
253
04-16-2011 06:19 AM
JiffyLube
Major
12
03-07-2008 04:27 PM

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