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Old 02-25-2009, 08:09 AM
  #101  
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oh yeah, the stock market and real estate...have you watch the news recently? Not to sure about that...
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Old 02-25-2009, 08:12 AM
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I am seriously considering GIA because I don’t care who will look down on me as long as I do what I love
Thanks for helping to bring up the profession you want to join. You wannabee and current GIA guys/gals can justify your actions as training/jealousy or whatever you like, in the end you lower the bar. Everyone else is getting paid 121 training yet your paying for yours? Thats the funny part of it, professional pilots with years of experience are telling you the reality but you just want to act like your actions have no effect on anyone else. But seriously why would you care, you just want to pay for the privilege to ride up front no matter the cost to fellow professional aviators.
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Old 02-25-2009, 08:18 AM
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Originally Posted by Rnav
Thanks for helping to bring up the profession you want to join. You wannabee and current GIA guys/gals can justify your actions as training/jealousy or whatever you like, in the end you lower the bar. Everyone else is getting paid 121 training yet your paying for yours? Thats the funny part of it, professional pilots with years of experience are telling you the reality but you just want to act like your actions have no effect on anyone else. But seriously why would you care, you just want to pay for the privilege to ride up front no matter the cost to fellow professional aviators.
lets look at lowering the profession. A CFI was one of the reasons I chose to go the PFT route, at least "they" were straight up about what they do.
When I took my first lesson the CFI, seemed like a nice guy, I thought hed be good to learn from. First lesson went good , second lesson went good, showed up for number three and no CFI. Asked the scheduler, they hadn't heard from him. Waited, and finally went home. Two days later he calls me apoligizing and tells me he had a family emergancy, he had to go to AZ. I said no problem, he tells me to go ahead and schedule for next week. I call the school 2 days later to schedule a flight with him, and they tell me he called in a quit his cfi gig. seems he went to az to interview with Mesa and he got hired, at least he could have been honest with me. In his defense when he did finally call again, he recomended another instructor who turned out to be great. After telling him about the situation, he mentioned that that happens alot. By the way he is a capt elsewhere also. At that point I realized, that When I become a CFI, it will be to give somthing back like him, after ive been at an airline, not before just to ride in the right seat logging time off a student. To the good CFIs that care,and they are out there, I salute you, but on that day I realized there should be more options than to force someone to CFI to get to the airlines, we dont need CFIs that are there for the wrong reason. I looked and found GIA, the rest is history after doing research, I made my decision.

Last edited by TPROP4ever; 02-25-2009 at 08:41 AM.
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Old 02-25-2009, 08:23 AM
  #104  
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Originally Posted by Rnav
Thanks for helping to bring up the profession you want to join. You wannabee and current GIA guys/gals can justify your actions as training/jealousy or whatever you like, in the end you lower the bar. Everyone else is getting paid 121 training yet your paying for yours? Thats the funny part of it, professional pilots with years of experience are telling you the reality but you just want to act like your actions have no effect on anyone else. But seriously why would you care, you just want to pay for the privilege to ride up front no matter the cost to fellow professional aviators.
Interesting, you have no idea what I have gone through so far in my life yet you are already judging me a someone who doesn't deserve to buy a few hours of turbopro time in order to reach his goal faster. As far as the "others" who got their 121 paid, they probably spent a good few years flying for a few bucks/hr because they couldn't afford spending more money in order to shorten that time. At the end of the day, if your goal is the Airlines, you don't want to waste too much time flying small SE planes.
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Old 02-25-2009, 08:38 AM
  #105  
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Originally Posted by pat72
oh yeah, the stock market and real estate...have you watch the news recently? Not to sure about that...
Buy low, sell high--might want to look into that one.
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Old 02-25-2009, 08:48 AM
  #106  
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Originally Posted by welle036
Buy low, sell high--might want to look into that one.
[FONT='Calibri','sans-serif']Please let me know how long it will take before selling high again because according to the real estates experts (I am assuming you’re not part of that group) there is a big question mark in that area. [/FONT]
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Old 02-25-2009, 09:07 AM
  #107  
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my post said 35-40 years. Berkshire hathaway has compounded annually at a rate of 21% for the last 42 years. If you invested 30k today and let it sit for 35 years at 21% annually you get 23 million. Lower interest rates near 10% still make you very rich and adding a 5k contribution each year greatly improves performance. Will you still get a high interest rate for the next 35 years, who knows, it is probably more likely with the reduction in stock price over the last year.
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Old 02-25-2009, 09:14 AM
  #108  
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Originally Posted by welle036
my post said 35-40 years. Berkshire hathaway has compounded annually at a rate of 21% for the last 42 years. If you invested 30k today and let it sit for 35 years at 21% annually you get 23 million. Lower interest rates near 10% still make you very rich and adding a 5k contribution each year greatly improves performance. Will you still get a high interest rate for the next 35 years, who knows, it is probably more likely with the reduction in stock price over the last year.
That all sounds well and good, but in 35-40 years ill be dead, or at least eating strained peas and I once thought mabye my money would be better spent on a hummer and a boat, rather than any flight training, but then Gas went up.....lol
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Old 02-25-2009, 09:15 AM
  #109  
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Originally Posted by TPROP4ever
That all sounds well and good, but in 35-40 years ill be dead, and I once thought mabye my money would be better spent on a hummer and a boat, rather than any flight training, but then Gas went up.....lol
And yeah so were clear that was tongue in cheek
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Old 02-25-2009, 09:15 AM
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Originally Posted by welle036
my post said 35-40 years. Berkshire hathaway has compounded annually at a rate of 21% for the last 42 years. If you invested 30k today and let it sit for 35 years at 21% annually you get 23 million. Lower interest rates near 10% still make you very rich and adding a 5k contribution each year greatly improves performance. Will you still get a high interest rate for the next 35 years, who knows, it is probably more likely with the reduction in stock price over the last year.
Impressive I must say but once that money is invested, what do I do to get to sit in something bigger then a C-172? I still want to fly...
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