Cooking on the Flightdeck

It isn't that hard to figure all of that out with a good accountant and reading a few books.
I respectfully disagree. It's an incredible burden to navigate all sorts of tax loopholes and planning which is why the better planners are worth their weight in gold. As the saying goes, "if you think good advice is expensive, just wait to see what free advice costs".

One positive correlation with working with a planner is they tend to keep people on track through the good and bad times. Most people, statistics show, pull out of the market just when times are getting tough. It's been shown working with a good advisor tends to keep people focused on the end game which is interesting. Of course, everyone here would NEVER fall in to that category but you know, it's interesting nonetheless.
 
First ya'll make fun of those 20 yr regional guys that don't go to majors for the 1st year paycut. Now that they are hired and trying to cope with 1st year pay..... a fella just can't win :)

Personally I don't mind how many bags a pilot brings. Just as long as a blow up doll doesn't pop out of one.

I like a nice, clean uncluttered flight deck. Customary is a rollaboard bag and something to carry your EFB. An extra bag or two who cares, but when you have enough crap you're stacking junk in the closet, behind both seats and hanging crap on the window vents on both sides, Houston, we have a problem.

Because then a couple jumpseaters showed up and we only had physical space for one without offloading most of his crap into an already full FC closet and some overhead bins on a full flight.

But at least he wasn't drying cuttlefish on the flight deck in cruise.
 
I respectfully disagree. It's an incredible burden to navigate all sorts of tax loopholes and planning which is why the better planners are worth their weight in gold. As the saying goes, "if you think good advice is expensive, just wait to see what free advice costs".

One positive correlation with working with a planner is they tend to keep people on track through the good and bad times. Most people, statistics show, pull out of the market just when times are getting tough. It's been shown working with a good advisor tends to keep people focused on the end game which is interesting. Of course, everyone here would NEVER fall in to that category but you know, it's interesting nonetheless.

Mine has been amazing and has a perspective on certain things that I never considered.

Something as finicky as retirement needs a trusted professional. I wouldn't trust an airline pilot to cut my hair, including myself.
 
I'll have to google that. I literally have never heard of him. A bunch of pilots you work with follow that guy or something?
If you're into reading financial books check out "A random walk down Wall Street". It's been rumored it was the precursor to what John (Jack) Bogle based his Vanguard funds off of.

It's a pretty good book that basically states, in a nutshell, the vast majority of fund managers will never beat the market average when you include the fund expenses.

It also talks about how picking stocks in effect is a fools game, no one can predict what will happen with great certainty.

Buffett bought on value and there is some correlation (mentioned in the book) to lower P/Es yielding higher returns BUT as Peter Lynch once famously remarked "more money has been lost waiting on a correction than lost in the correction itself" (paraphrased).

Inexpensive index investing is probably the best approach anyone could do including fund managers investing their own retirement funds :).
 
I respectfully disagree. It's an incredible burden to navigate all sorts of tax loopholes and planning which is why the better planners are worth their weight in gold. As the saying goes, "if you think good advice is expensive, just wait to see what free advice costs".

One positive correlation with working with a planner is they tend to keep people on track through the good and bad times. Most people, statistics show, pull out of the market just when times are getting tough. It's been shown working with a good advisor tends to keep people focused on the end game which is interesting. Of course, everyone here would NEVER fall in to that category but you know, it's interesting nonetheless.

Do you realize that an investment adviser doesn't even need to have your best financial interests in mind?

So with that, why go to them in the first place?
 
I'll have to google that. I literally have never heard of him. A bunch of pilots you work with follow that guy or something?
Dude that founded Vanguard
My roth has Admiral Shares of a total stock market index fund, the expense ratio is .04%. It's great
 
Do you realize that an investment adviser doesn't even need to have your best financial interests in mind?

So with that, why go to them in the first place?
Yes I'm aware.

Actually first your statement is factually incorrect. Investment advisors have for many decades been required to have your best interests in mind (aka fiduciary duty).

Read under second header "Investment advisors are fiduciaries"

https://www.sec.gov/divisions/investment/advoverview.htm

Most people when they say 'financial advisor' or in your case 'investment advisor' really what they are referring to is a planner. CFP's have long been held to the fiduciary standard, although I believe it's voluntary and not mandated by law. RIAs have as well. It's until recently that the generic 'financial advisor' has come about and while Trump delayed the law going into effect, most large corps have already planned and implemented the fiduciary duty into their guidelines.

It's completely bogus that there were people out there that took advantage of folks, I honestly don't know how you'd sleep at night selling stuff you know isn't in your clients best interest. That being said, they popped up because folks didn't want to pay the upfront costs of a fee based advisor, so people had to make it up on the back end of the deal.
 
True story:

A first officer was eating a jar of kimchi with a fork for that flight's meal (you thought it was a side dish? nope, it's a meal for some...).

As time passed, the pungent aroma of fermented cabbage lingered but soon morphed into a much more threatening beast: the exhaust expunged after the body processed an entire jar of the stuff.

The cloud was filling the cockpit of this jet that already would send used forward lavatory air into the flight deck, let alone let the chamber be filled with the farts of someone who just ate an entire glass jar full of kimchi.

Despite his efforts of blasting the gasper vent directly into his face, the captain eventually became overwhelmed by the relentless, noxious gas and reached for his oxygen mask.

O2 mask inop!

At this airline, there was no requirement to physically remove the mask and check it during preflight, and although the oxygen test function was operative during preflight, it became obvious that this O2 mask was not capable of supplying any oxygen at all once it was removed from storage, nor was the jumpseat mask in a good position to be used as an alternative.

With two hours of flight time remaining, the PIC conferred with dispatch and they made a joint decision to divert to a somewhat nearby airport that would likely have maintenance available to fix the mask.

I'd imagine the mask was officially discovered to be broken upon putting it on for the in-flight lav break, of course.


And no, it was not me, I don't like spicy stuff and I wasn't the PIC either...but this happened just as described above; I know them both well.


I remember hearing this story at a BBQ at a friend's house who charged people to park in his driveway during football games. I love telling this story to coworkers, the kind of stuff that made that airline so special back in the day; when a captain buddy could sit ready reserve wearing sweatpants, if he wasn't asleep on his air mattress.
 
If I had a dollar for every ramper I saw back in the day simultaneously dumping a CRJs lav and pumping the potable water at the same time with the same gloves because; "efficient", I'd have enough money to buy a sushi combo at SFO.

I used to help our mechanic flush our water system with lightly chlorinated water. Then fill with non treated water. The chlorine can mess with the tanks and corrosion and the filtered water wouldn't. It still didn't cover what was in the lines from the tanks to the sinks in the aircraft.

I doubt 1% of the care we put into the procedure goes into any airline aircraft.

I'll still drink the coffee just not that often


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Just flew with a 7 year guy that had his cooler with him. I was giving him crap about it and he said he brings it every trip to save money. No kids, wife who make's more than him. "You're doing it wrong". Came from Tabernacle Air.

Pt 91 I had the company card and an unlimited budget for food, within reason of course.

I bring food on the road with me not to save money but to actually enjoy the food I eat on the road.

Generally I find restaurant food is bad for you and the crews I flew with when I had a corporate card were hardly willing to visit healthy eating establishments.


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Apparently they were putting straight spring water in and everything went to hell. The water pods on the ERJ needed a specific type of filtered water.

As I recall the system on the ERJ requires spring water because of the lower boiling point. Commissary had switched to some other distilled or purified water that didn't work, hence the week with no coffee.

The potable water system in the ERJ galley has to be serviced from inside the cabin. The water reservoir slides out from a cabinet and is replenished by pouring water in from a bottle or jug. The sink water in the lav is serviced from the outside but is completely separate. On the American Eagle planes there was no water in the galley or coffee makers. The stations would brew the coffee and the "hot jugs" would be plugged in about where the coffee makers are placed on the XJT/United Express ERJ's.
 
As I recall the system on the ERJ requires spring water because of the lower boiling point. Commissary had switched to some other distilled or purified water that didn't work, hence the week with no coffee.

The potable water system in the ERJ galley has to be serviced from inside the cabin. The water reservoir slides out from a cabinet and is replenished by pouring water in from a bottle or jug. The sink water in the lav is serviced from the outside but is completely separate. On the American Eagle planes there was no water in the galley or coffee makers. The stations would brew the coffee and the "hot jugs" would be plugged in about where the coffee makers are placed on the XJT/United Express ERJ's.

Remember hoping on a RON in KRAP in the middle of January. Coffee? Nope but we have a solid block of ice.
 
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