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.

 

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

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

 

Isn't there a thread for this DPA garbage?

 

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

Carl

 

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.

 

A little testy today are we?

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

 

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.

 

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.

 

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.

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

 

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?