News Focus
News Focus
icon url

Slippery Wing

12/18/05 11:27 AM

#4379 RE: Jagman #4378

Ha, jagman. You probably think you're just kidding around, but in a few regards, you're right about Kimac.

Airline pilots with his experience command upwards of $250,000 per year. They also work about 12 days out of the month.

This gives them a lot of money, but also a lot of time on their hands. Not necessarily a good thing from a "smart investing" point of view. That being said, most airline pilots enter into some other venture with their free time, be it real estate or land development, and MOST are very successful at it, not because of decisions THEY make, but the fact that they are able to hire people to manage their investments.

I can also tell you that it would not surprise me to see a few tax writeoffs taken out of the pink sheets.

I can also tell you from experience that the airline business offers VERY good travel "perks". So checking on your investments, as you put it, really doesn't cost much at all.