Can you use your degree to work a second part time job... one that you could turn into a full time gig if need be? I did for years until I moved to Florida. My first 5+ years at DAL there was ZERO movement at the airline. I sat sideways on a 727 that entire time and the only chance I ever had to ride on a 767 was in the jumpseat or non revving. Furlough happened for many of my peers and lasted for many years. I was fortunate in only being stagnate. But there was always the sword of Damocles over my head. So I worked for that entire time at a job unrelated to aviation. One of the things I would tell young people that are thinking about being a pilot is to get a degree in something else. I would love for someone to try to change my mind on that.

You didn't have anything to do with the "Big Chicken" out on 41 did you?

Are you looking for a break from the medical experts, politicians and company shills filling up the other threads?

-My one month experiment with iron condors was an up and down roller coaster. I'm not sure the daily commitment to a brokerage screen fits my personality. Of course neither does daily commitment to diet and exercise.
-Is anyone taking advantage of the low margin rates at IBKR to buy dividend stocks?
-Doge and Bitcoin have been entertaining. Did anybody play DOGE over the Elon Musk SNL episode?
-My investment in bottles of Blanton's has done so well, I can't afford to drink any of them.
-The real estate market is on fire. How long will it last? Will the drop in lumber prices cool things down? I tried a 1031 into an airplane hangar, but was grossly outbid.

-Real Estate is horrendous right now. Folks are desperate to find a home at these low rates and are willing to pay nosebleed prices. Investment property is in a similar boat. Have you looked into Self Storage? That seems to be doing decent.

-short term trading is not my style. Like you suggested, daily fixations on charts does not sound fun. Lately have been reading 10ks and investor presentations learning about different businesses in sectors/countries that seem to have value. Lots of great deals out there, especially internationally. My best idea is BABA Deep ITM LEAPS(equity substitution). Alibaba seems deeply under valued and I have high conviction it will go up substantially so I levered up with LEAPS.
-I might be alittle old skool but I don't think Margin and Stocks are a good combination. Maybe for small bets on options here and there but not for dividend stocks. Margin works much better in Real Estate.

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So either the fed talks about tapering tomorrow and the market tanks or they stick to the playbook it is time to go big on the inflation trade…

This back and forth this morning on the Fed was something 😂😂.

https://youtu.be/tq0MknnpYfc

Self storage is one of may favorite asset classes. I have more experience there than I do with the airlines. It started with one acquisition, then expansion, then development. Our latest project is a PUD that includes apartments, retail and self-storage. We're contributing the land, then partnering with a larger developer on the apartments. The retail portion of the land won't go anywhere for a few years. We may just get the self-storage development entitled and sell it off before construction. It's in a primary metro area and I prefer the secondary and tertiary markets so I'm not competing with the REITs.

The low interest rates at IBKR got me thinking about margining some stable dividend stocks. Borrowing at 1% to buy XOM or T for the dividend yield seems like a low risk way to generate some additional earnings. The primary source of equity for the margin is VOO, so it's 1:1 with the S&P in a downturn. I've run a few scenarios with different levels of market correction.

Looking for value is a wise move right now. I wish I had the patience to do the research.

Load up on long term fixed rate debt backed by income producing assets and ride the inflation wave.

One a related note, what do you think about an inflation based adjustment to the basis of assets before applying long term capital gains tax. A $100 dollar asset will rise to $120 over a few years due to inflation. You pay tax on the $20 gain even though you didn't actually make any real money.

Like the government would allow that to happen.

Inflation tax is here to stay.