Thanks for posting that. Now go back and read my post. Now go back and read the original question. You basically stated what I stated, although you are still trying to argue your side. If you have a full PIC type and an ATP you can log PIC in the plane. Thanks for taking the time to post the reg though! :D

You guys posted all that other stuff before I was able to type out that reg. Sorry, I keep forgetting you're better than me Fosters:rolleyes:

When I read the original post TD said a "typed SIC", which I took to mean an SIC with an SIC type. Thats what sparked off this whole thing. Just a simple misunderstanding. Maybe we can all move on with our lives now.

It's OK, you'll learn eventually :p.

(kidding)

Are you?;)

Hows life at AWAC. Any word on the Midwest flying? I heard XJT was asked to resubmit our proposal but have not heard anything since.

I'll be honest, I would rather the company not get the Midwest stuff. I personally hope someone else wins it. Midwest is too unstable a partner IMO for a private company to be sticking their neck out to the tune of 10-15 obsolete 50 seaters. I'd much rather them stick to the legacies.

Well like I said I've had it 8yrs. I don't know how many times it's been slammed around but in and out of Kenya, China, Japan, Thailand, Morocco, England, all over the carribean, India, Cambodia, Egypt, Uganda, Hawaii, New Zealand, Australia, Canada, Mexico, and countless snow skiing trips ect. Not to mention being used weekly while in college(5yrs which got abused more than at any airline). So I'd say it's gotten tons of actual use and it's 8yrs old. I'd say it's been shoved a fair time or two and it's still in great condition. So if it ever does break. I'll get another $40 one. Just because you fly an RJ doesn't mean anything financially. I paid for all my flight training, over $40k worth on my own while holding jobs in college and investing. I had to put $2k on a visa after I graduated but that's gone. The only loan I have out is the one on my truck. So after all of my college, all of my flight trainging, living expenses ect. I have zero debt, money in savings, maxed out Roth IRA every year, ect. and I'm still a CFI. I did have to sell my stock to pay off my credit card debt from additional training. I wasn't making more than 22% on the stock so it had to go though. But I dont know of anyone my age right now that isn't just assbackwards in debt. So I'd say my financial sense is pretty good. Good enough to where yes... $300 on a bag that does everything my $40 one does isn't a wise choice. Sorry to break it. No matter how much you try and justify it, spending 2% of yearly income as a regional pilot on luggage is retarded. So if a $40 bag breaks on you in 5yrs. By then you'll be making much more and it won't be as large of a chunk of your total earnings, you can buy another $40 or get the $300 one. So if you take my $40 bag vs. your $300 bag. We'll pretend mine broke in 5yrs (even though 8yrs old and used constantly)... If you would ahve invested that $260 difference and made 15% a year on it. You would have made an extra $522.00 off that one bag. But since you haven't made it that's how much you've spent on it. If we kick it up to 8yrs. That bag cost you $795.35 more than mine did. And if you had to make payments because as an FO you didn't make as much ect to pay it all off at once you really were taken to the cleaners with 20+% interest.

You think flying a jet has anything to do with numbers you're dead wrong. There was an investing company that ran comercials all the time on this exact thing. Showing what spending a little extra now cost you in the long run. That $260=$34,625 by time of retirement(age 60). If you saved it till age 75 and never touched it you'd get over $140k....

You're just like someone trying to tell me it's better living in california vs. texas financially speaking when cali has a 76% higher standard of living cost making that $21k salary even smaller.

So you had one question for me there's one answer. If you fly a bigger, faster, more powerful aircraft than me.... You're financial decisions don't mean crap. I actually average over 15% on my Roth IRA setups so I'd say when I retire I won't be an old pilot complaining about how crappy the industry is and how after all that hard work I have nothing to show for it. There are those on here that do.

I'd still like to know why the hell you wanted to bring this into a converstion based on 121 rules, regs, and procedures of airlines. Has no place. However I'm not going to shy away from that statement. It isn't financially sound to spend a ton of money on something that can be done with a little money. If none of that makes sense to you then I'm done with your little arguement.


Duck

That's fine... But a beer is in order. I have a little sheet. I'm adding your name.

wow..mr. bigshot airline pilot...a whole 6 years as a commuter pilot... man u have seen it all...hey toilet duck..u keep doing your cfi thing and 1 day u too can be a bigshot like dorkjetdriver..good luck with the new bag...

Mark, do you really want to go there?

Mr. "I'm a thirty something year old wide body CA and FedEx. And on top of that, I have no problem going into the regionals forum on FI and telling them all what a bunch *****s they are for taking jobs at a regional a airline while I flew night cargo in a lear jet and never once complained about it (yeah, right)."

Like I've told you before, it's pretty clear where you are on in the 10% of pilots that all airlines seem to have.

Will you sponsor me when I get my 1000 PIC?

this buds for you..dorkjetdriver

http://www.l1011.homestead.com/BUDairlinepilot.html

First, I'm bringing this up because you called airline pilots idots for buying and expensive quality bag. And in case you couldn't tell, I'm not the the only one that noticed.

Second, do you think you are the only one that paid for all your ratings and training out of your own pocket? Join the club junior.

Third, if you were as finacially smart as you like to think you are, you wouldn't be getting into aviation.

Do you plan on applying to ExpressJet? If so, I hope to never have the displeasure of sharing a cockpit with somebody who is as ignorant of this career as you seem to be in some of your posts.

it is pretty clear you didn't make it to college...

and toiletduck has a better chance of getting sponsored

Right back at ya there "Mr I'm so cool and make so much money I can put everybody else down, because, let's face it, I'm Captaindork".

Some one alerts the authorities, I think this thread has been Hijacked!

Good, with some of the comments your coworkers have made about you here and on FI, I'd rather not have you sponsor me anyway.

ahh complete childish banter..it keeps us young...

Come on, let's hear it. Let's hear how tough you've had it. I heard you go banned from FI, that true? I have no idea what it could have been for.

sorry..gotto go..my bentley GT http://www.bentleymotors.com/Corpora...tid=1&infid=39 needs an oil change..then it's off to a round of golf at springcreek http://www.springcreekranch.org/fw/m...t.asp?DocID=14

Yeah, I gotta go too. Your mom wants me to come over again. Seems your dad isn't up to the task lately.

u win..i have been whipped by an 8th grader

Wow, nice golf course

Financially it all makes sense, no one is debating that (some of us are into finance too and STILL bought the $300 bag. My portfolio is up 40% this year:D ). Just don't show up for IOE with a backpack as your luggage. Just don't.

40%? You must've had all your money in gold or energy. What funds did/do you own?

Well, if you want I can send you the link where we went 2-3 pages on FI and used plenty of explicatives. And then when some of your brethern even started telling you that you were acting like a baby you went back and deleted everything you wrote because you are sensitive.

I forgot, you got banned. I can print it out for you and help subsidize your paycheck by sending it FedEx if you want.

A student of mine is very very intelligent when it comes to the market. He invested in electric companies. He started with 3k and within 8months sold for 28k. He's got the touch. I've been saving up and I'm just now starting to sit down to figure out what I want to do with my money. If I can get 20%ish I'll be a happy camper. Roth IRA's are good but I can't cash them out if I get into a pinch.

I'd say that was more luck than anything. Runups like that are pretty uncommon.

You can cash out your contributions to Roth IRA's anytime, at any age.

I'm thinking Chinese telecoms (ie cell phone companies). What are your thoughts? How about your friend? He sounds like a good guy to hang around with :D. If I can get 7% average I'll be happy. But 20%? Darn I could retire by 40.

Pretty clear you didn't make it to college either.

7% is a low average. Are you sure about the roth IRA. The whole point is you can take it at 59 1/2 yrs old correct? I thought once your money was in there it was in there.

You can take out contributions, but not the gains on that money at any time. As always, check with a financial adviser.

7% is a low average, for sure. I plan on a low average so I am surprised when I retire. That being said, few funds are over the 15% return on a 5 year basis. A lot have a large runup but over time it evens out the returns. A 40% runup in a portfolio is just not sustainable over period of several years IMO. The average market return, historically, is between 7%-8%. Yes, you might do better some years but others will be less, especially as you get older and reallocate your portfolio from stocks to bonds. You don't want to have a 100% portfolio in stocks when you are 59 & 1/2.

You don't need to watse 30k a year at some dumbass Aviation College to know that, lets be serious

You're close Fosters;) International my man. Asia (excluding Japan) will probably be pretty decent in 2007 if you are like me and think the US economy is headed for a correction. I'd tell you specifically but then you'd have to pay me a commission. I will say this: Europe (especially Eastern Europe) and Brazil have been very good to me the past 2 years:D I would keep my eye on Mexico as well. The peso has been getting stronger (or the dollar weaker depending on how you look at it) and if Banco de Wal-Mart takes off it could lead to a financial renaissance south of the border. Just my 2 cents. Your mileage will vary.