hilltopflyer

That’s funny dude

pilotpayne

Sure. You are a hero.

Bilbo T Baggins

So I tried signing up for Bluepilots when I first started here, but it said wrong crew ID, and last name. Figured I would try again, and it’s giving me the same thing. Tried our numerous combos of id formats, and I’ve emailed the admin, but no reply. Anybody know the secret?

rvr1800

You lost me here. That’s like me offering you $4000 and you say no thanks the taxes aren’t worth it. And if you’re suggesting holding onto airline stock well then you just proved your own point.

hilltopflyer

Let’s see what is 25% of 15% it’s atill a profit. What has jetblue stock done since the last employee stock purchase plan?

rvr1800

Exactly. CSPP at 10% is a no-brainer. If sold immediately obviously.

benzoate

It sure.

Pretty confident jetblue controls that site.

BeatNavy

Flyby can hook you up if he stops by this thread. It has to do with the database of allowable employees/numbers not being updated after a certain time. So anyone hired in the last __ years won’t work. There’s a bypass tho. PM flyby.

Std Deviation

You could have day traded the stock over the last 24 months and made more. I totally get the ESSP. However, selling immediately is speculating. Buy and hold is investing. I don’t hold individual airline stocks. Nor am I a speculator. Plus JB takes MY money out of circulation for a couple months. No one seems to care about that. So I lose the opportunity cost of putting that money in play elsewhere. Let’s use 5K as an example. So a $750 before tax profit is worth it? Sure, if $750 is the best you could have done without other options.

Flew with a guy with 20K in CC debt @20%. If you took the money JB took from you and paid off your CC instead of stock you’d make more!

What’s laughable is the only employees that truly profit are high earners. John Q ramper or Sally FA are making what.... $50.
We’ve both proved my point - don’t take financial advice from pilots. You’ll never convince me, and I’ll never convince the “believers.”

I guess my whole point was that - I’ve sat on a 7 hrs transcon while my coworker has tried to convince me to buy. Can’t we just agree to diasagree and go back to complaining about something else... isn’t there something we both hate? Like the Dallas Cowboys?


Disclosure : my wife is a broker at a major financial firm.

BeatNavy

You also could have day traded the stock over the last 24 months and lost a lot more. Your point makes no sense. You compare a guaranteed RoR to hypothetical day trading results over 2 years.

Also, selling immediately is not speculating. It’s making a predetermined plan to instantly make 17.6% on income withheld/tied up over the preceding 6 months. Speculating is betting the stock will go up or down. Immediately flipping the stock doing the CSPP prevents any fluctuation in share price affecting the value of your money. That’s quite the opposite of speculating. You can make an argument that by selling you are betting the stock will go down, but the whole point is you are taking an approach with basically zero risk for a predetermined profit of 17.6%.

Can you please ask your broker wife to take my money out of circulation for a few months and give me a guaranteed 17.6% RoR? Guarantee you she won’t do it. Neither will her major financial institution. Curious, what investments does her major financial institution offer that have a guaranteed RoR of even 1/4 or even 1/10th of that? I don’t know of anywhere else you can get a guaranteed RoR close to that. If I could tie up all my income for 6 months at a time and make it 17.6% higher I would. If you or your wife can show me a better (guaranteed) investment vehicle...take my money.