If you own Airline stock you receive an immediate invitation to the Certified Bag Holders club hosted by Berkshire Hathaway every Wednesday via Zoom at 5pm.

It's true I'm pretty bearish and market-pessimistic, but I do acknowledge there's a lot to be said for long term, low risk investments. The opposite of that is when I've seen pilots gamble, and I do mean gamble, a significant portion of their savings on a gut feeling their airline would pull out of its stock valuation dive. Sometimes it works. Sometimes it doesn't.

https://s.yimg.com/ny/api/res/1.2/M2...f0bc78e9debe6d

The s&p over 40 years returns 10.9% with dividends reinvested. Thats about as safe and long term data anybody should need to see.

thats like a 30 year career retiring with 2 million or 8. (Fuzzy math)

Totally. That's a solid investment. I should have clarified but was more focused on day trading the airline stocks of one's employer. That being said, why don't most people just put the majority of their funds into something like the S&P? You'd be hardpressed to outperform that.

how long is 11% appreciation sustainable? will the actual real value of the us equity market keep doubling every 6.5 years?

past performance is a tough sell for someone with 40 years left

Some would argue that the equities markets, and to a slightly lesser extent, the housing market, are the beneficiaries of all the money printing in the last 20 years.

No it's not. 80 year return 10% . How much more tried and true evidence do you need?

You are 100% right. Financial advisors can't best the s&p reliably especially with their fees taken out. They will all tell you that if they are being honest.

Bitcoin doesn’t have any debt. Bragging about hitting a home run purely on a gamble is dumb.

The history of the performance of the equities market is so long at this point that it (with some variability) is a good indicator of future performance. Want less risk, though—use option collars. You’ll take a hit in long term performance, but still better long term than bonds.