Any "Latest & Greatest" about Delta?
09-14-2011 | 04:05 PM
Gets Weekends Off
Joined: Feb 2008
Posts: 6,070
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From: Urban chicken rancher.
When I try and check my Oct schedule, I get a message that says "Ligero error." Anybody know what that means?
09-14-2011 | 04:11 PM
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Joined: Oct 2010
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From: Decoupled
Hanging on to DAL stock waiting for it to get to $X.XX is like the AA pilots negotiating strategy. It's all about opportunity cost. You can take that money the DAL stock sale generates and do something else with it right now that will have a greater probability of success sooner. Why wait six months, two years, or five years to get to some arbitrary target?
Why would you have your retirement eggs in the same basket as your paycheck? Get rid of it yesterday. It's never a gain until you sell it and put the money in your pocket. Most people can't stand to take gains. They end up riding a stock up and down a half a dozen times. They justify their inability to take gains by saying they are "long term investors." DAL is a bad long term investment. Airlines are bad long term investments. Airline stocks are trades. There's a difference.
You should never invest in the company who writes your paycheck. Never, never, never. Did I say never. Now trading options for fun in DAL is another matter entirely and it is not for the faint of heart. If you know what you are doing, it's okay. Still, I wouldn't do a lot of it. Only with money you can afford to lose.
So, bottom line is this: You should have sold a long time ago and moved on.
Why would you have your retirement eggs in the same basket as your paycheck? Get rid of it yesterday. It's never a gain until you sell it and put the money in your pocket. Most people can't stand to take gains. They end up riding a stock up and down a half a dozen times. They justify their inability to take gains by saying they are "long term investors." DAL is a bad long term investment. Airlines are bad long term investments. Airline stocks are trades. There's a difference.
You should never invest in the company who writes your paycheck. Never, never, never. Did I say never. Now trading options for fun in DAL is another matter entirely and it is not for the faint of heart. If you know what you are doing, it's okay. Still, I wouldn't do a lot of it. Only with money you can afford to lose.
So, bottom line is this: You should have sold a long time ago and moved on.
09-14-2011 | 04:21 PM
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From: Kickin’ Back
09-14-2011 | 04:27 PM
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Joined: Apr 2008
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Hanging on to DAL stock waiting for it to get to $X.XX is like the AA pilots negotiating strategy. It's all about opportunity cost. You can take that money the DAL stock sale generates and do something else with it right now that will have a greater probability of success sooner. Why wait six months, two years, or five years to get to some arbitrary target?
Why would you have your retirement eggs in the same basket as your paycheck? Get rid of it yesterday. It's never a gain until you sell it and put the money in your pocket. Most people can't stand to take gains. They end up riding a stock up and down a half a dozen times. They justify their inability to take gains by saying they are "long term investors." DAL is a bad long term investment. Airlines are bad long term investments. Airline stocks are trades. There's a difference.
You should never invest in the company who writes your paycheck. Never, never, never. Did I say never. Now trading options for fun in DAL is another matter entirely and it is not for the faint of heart. If you know what you are doing, it's okay. Still, I wouldn't do a lot of it. Only with money you can afford to lose.
So, bottom line is this: You should have sold a long time ago and moved on.
Why would you have your retirement eggs in the same basket as your paycheck? Get rid of it yesterday. It's never a gain until you sell it and put the money in your pocket. Most people can't stand to take gains. They end up riding a stock up and down a half a dozen times. They justify their inability to take gains by saying they are "long term investors." DAL is a bad long term investment. Airlines are bad long term investments. Airline stocks are trades. There's a difference.
You should never invest in the company who writes your paycheck. Never, never, never. Did I say never. Now trading options for fun in DAL is another matter entirely and it is not for the faint of heart. If you know what you are doing, it's okay. Still, I wouldn't do a lot of it. Only with money you can afford to lose.
So, bottom line is this: You should have sold a long time ago and moved on.
09-14-2011 | 04:30 PM
The Brown Dot +1
Joined: Jun 2009
Posts: 7,775
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From: 777B
I have a different take on that. I use an investment method (Snider Method) that mostly uses individual stocks and options. I don't feel manipulated at all. In fact quite the opposite... Knowing that there is a real person on the other side of every transaction, I often marvel at how much they lose while I haven't lost (or been manipulated) on a single trade in 6 1/2 years.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
You misunderstood my use of the word manipulated. If you traded 3x etf's you would understand.
Snider method is fine for a "method"...you never lose money because you never sell dogs. Problem is those dogs can be losers for years or go out of business. Putting dogs in "winter," code for stocks you'd take a loss on if you sold, is just lost opportunity.
Not dogging snyder, there are people who need a method or they'd never take control of their own finances, just not at all the thing for me.
09-14-2011 | 04:45 PM
Happy to be here
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From: A-320A
09-14-2011 | 05:01 PM
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Joined: Feb 2008
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From: Urban chicken rancher.
09-14-2011 | 05:26 PM
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Joined: Dec 2005
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From: M88B
If you look at your time card, what does it say on the right, about 2/3 of the way down next to this: RES ASSIGN-G/SLIP PAY:
That's where your GS pay on reserve will show up.
You might have to wait until the trip is shown as "Closed" before the pay is correct, but only the first day will pay single pay above guarantee, the rest is straight credit towards guarantee.
That's where your GS pay on reserve will show up.
You might have to wait until the trip is shown as "Closed" before the pay is correct, but only the first day will pay single pay above guarantee, the rest is straight credit towards guarantee.
Its weird though because when I open my month schedule it shows a G next to that day trip.
09-14-2011 | 05:41 PM
veut gagner à la loterie
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From: Light Chop
I have a different take on that. I use an investment method (Snider Method) that mostly uses individual stocks and options. I don't feel manipulated at all. In fact quite the opposite... Knowing that there is a real person on the other side of every transaction, I often marvel at how much they lose while I haven't lost (or been manipulated) on a single trade in 6 1/2 years.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
I use the FTB Makeup Shotgun method. As with a makeup shotgun, you save time
unless you miss and make a mess of the wall.
What are we talking about again?
09-14-2011 | 05:49 PM
veut gagner à la loterie
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From: Light Chop
Before you blame me for not paying attention, please look at what this camera man misses:
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