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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

acl65pilot 10-02-2011 10:42 AM


Originally Posted by forgot to bid (Post 1063419)
It's been leaking for decades. So yes, tear it down.

That is the problem. It has been leaking because too many pilots have been spending their time resting on the work of past generations, not because if cannot get fixed. It may take more work that it would have taken a few years ago, but that is the cost of going to the Lake versus doing your part. I can also guarantee you that fixing the "leak" is a hell of a lot cheaper than tearing down the house, getting new permits, inspections, a builder you can trust, and rebuilding it. No one ever appreciates the cost and headache of new construction until after they have lived it. It is also true that once the last nail is put in and you get a OC, there is invariably something that is not perfect and makes you desire to build a new house again. It is plain moronic.

DAL 88 Driver 10-02-2011 10:43 AM


Originally Posted by Bucking Bar (Post 1063437)
Any opinions, or has anyone tried, Financial Engines service to manage your 401K?

I looked around last year for a service to manage my "portfolio*" and every one wanted me to come out from my 50% cash position and go 100% into their fund families. That did not seem like such a hot idea and so far I am down about 7% for the year on the balanced funds. The best investment of the year has been a 4% cash loan to myself.

It is amazing how poorly the 401K has performed. On the other hand my taxable play money invested locally has done quite well.

Anybody doing anything that works without constant babysitting?

Retirement for us is going to be a lot different than it has been for our parents (and Leo and Michelle :( )

* Akin to my daughter's hamsters talking about their "Mansion"

Well you'll sure get a lot of different opinions on that one! :eek:

FWIW, here's what I've been doing: What Is the Snider Investment Method?

It is unconventional in both it's objective and implementation, but I think it addresses the concerns you have expressed. I spend minimal time managing my accounts (a few hours one day per month). And it has performed exactly as designed over the past 6 1/2 years I've been using it. With our Fidelity BrokerageLink, we have the ability to do this in both our DC Plan and DPSP.

Bottom line, the important thing is to find something that is a good fit for you... i.e. matches your objectives and tolerance for risk. Personally, I am very comfortable with this method and especially its focus on risk management. Others will see it differently. I recommend at least taking a look for yourself and see if it's a good fit. Good luck.

Here's some more reading that should help:https://www.snideradvisors.com/Asset...ive_Report.pdf

CVG767A 10-02-2011 10:44 AM

Isn't there a thread for this DPA garbage?

Carl Spackler 10-02-2011 10:49 AM


Originally Posted by CVG767A (Post 1063467)
Isn't there a thread for this DPA garbage?

It's not applicable...because we're talking about ALPA garbage. ;)

Carl

tsquare 10-02-2011 10:52 AM


Originally Posted by DAL 88 Driver (Post 1063466)
Well you'll sure get a lot of different opinions on that one! :eek:

FWIW, here's what I've been doing: What Is the Snider Investment Method?

It is unconventional in both it's objective and implementation, but I think it addresses the concerns you have expressed. I spend minimal time managing my accounts (a few hours one day per month). And it has performed exactly as designed over the past 6 1/2 years I've been using it. With our Fidelity BrokerageLink, we have the ability to do this in both our DC Plan and DPSP.

Bottom line, the important thing is to find something that is a good fit for you... i.e. matches your objectives and tolerance for risk. Personally, I am very comfortable with this method and especially its focus on risk management. Others will see it differently. I recommend at least taking a look for yourself and see if it's a good fit. Good luck.

I just finished taking a cursory look at their website, and I didn't really see anything that describes how their method works. I am mildly interested, but I'm not about to sign up for a program I know nothing about.

tsquare 10-02-2011 10:54 AM


Originally Posted by acl65pilot (Post 1063465)
That is the problem. It has been leaking because too many pilots have been spending their time resting on the work of past generations, not because if cannot get fixed. It may take more work that it would have taken a few years ago, but that is the cost of going to the Lake versus doing your part. I can also guarantee you that fixing the "leak" is a hell of a lot cheaper than tearing down the house, getting new permits, inspections, a builder you can trust, and rebuilding it. No one ever appreciates the cost and headache of new construction until after they have lived it. It is also true that once the last nail is put in and you get a OC, there is invariably something that is not perfect and makes you desire to build a new house again. It is plain moronic.


A little testy today are we?

National still sucks, and there's no fixing THAT.

acl65pilot 10-02-2011 10:56 AM


Originally Posted by forgot to bid (Post 1063430)
Alright, one analogy... Delta pilots are like the owner of a company who is losing jobs and losing money and his sales force, ALPA, won't say why but says it's the new norm, it's good for you, we have your best interest as well as your competitors best interest at heart because unity is like a tide that lifts all boats (but sorry those boats need your dock now so we're tugging you out to sea) thanks for the millions!

And we blast that company for looking for a sales force they can talk to and works only for them?

If I was the on the board of that company (you the line pilot) I would not want to declare CH7 and start a new company, I would want to find a way to create value in the current one. I would demand that my CEO (LEC Reps) clean house, and if they did not they would be gone too.

What you are identifying is one belief of a group of individuals working for the union, not a structure of the union. I though that the C20 S/T piece identified that for you.

acl65pilot 10-02-2011 11:00 AM


Originally Posted by tsquare (Post 1063474)
A little testy today are we?

National still sucks, and there's no fixing THAT.


Nothing more than normal. Just want guys to fix the issues they see within our MEC, or accept what they fail to do anything about.

Carl Spackler 10-02-2011 11:01 AM


Originally Posted by Bucking Bar (Post 1063360)
The DPA's head spokesman will tell you that he would like to retain much of the experience and talent that ALPA's Admin currently has and welcomes them to serve in DPA.

You're only half right. He's welcomed them into the DPA, but he's not said he would like to retain much of them. He's welcomed them to run right along with the rest of us. This is in stark contrast to what I'm hearing about DALPA wanting to Article 8 DTW out of DALPA because of Detroit's very large support of the DPA.


Originally Posted by Bucking Bar (Post 1063360)
Much of the DPA's rallying cry is that pay for service will be cut.

BS. No matter how often you try to mischaracterize DPA, it won't make it true. The actual rallying cry that you've bastardized is that DPA will use professional vendors and services that actually work...not in-house deadwood with poor records and results.

Carl

newKnow 10-02-2011 11:03 AM


Originally Posted by tsquare (Post 1063474)
A little testy today are we?

National still sucks, and there's no fixing THAT.

Why not? Let's say you quit, then get hired at United. (Not a suggestion because you are senior to me. :) ) Then you win as MEC Chairman at UAL and have like-minded councils over there. Could National be fixed if you or Carl became President of National ALPA?


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