Southwest new hire pay

[waveflyer]

Not sure I'd agree with this advice; with interest rates at an all-time low, it might actually be a smart move for some.

I'd buy it now, on a 30 yr mortgage, then when you upgrade, make 2 extra payments a year towards principal.

Within reason....
I agree

 

[SWA Bubba]

Within reason....
I agree

Personally, I'd say that as a rule, the best financial advice for pilots is,..... not to take financial advice from other pilots!

Bubba

 

[freightdogfred]

Right in line is DO NOT buy your captain house in anticipation of an upgrade...
That's been experienced too many times

What difference does it make? It's been said many times on this very forum you'll make more as a SWAFO than a FATCA. So upgrading the casita should not be an issue. Unless, of course, that's not really true

 

[waveflyer]

What difference does it make? It's been said many times on this very forum you'll make more as a SWAFO than a FATCA. So upgrading the casita should not be an issue. Unless, of course, that's not really true

Your at capt house would be our Swa FO house.

The point is don't over extend
Good lord

 

[DieselDragRacer]

I'd live in something reasonable the next 5 years and wait for the Baby Boomer housing bubble to burst. There's going to be countless millions of homes $200K++ for sale for a dime a dozen as the over mortgaged over extended Baby Boomers seek cheap starter priced housing to mortgage their way through 'retirement'. With any luck they can pay cash for that $100K duplex.

 

[wood pecker]

What effect does a TA have on stock prices? I am guessing it would go up but by how much? I flew with a older CA close to retiring in a few years who said he would vote yes on anything because he has too much to risk with all his bling invested in LUV stock.

I wouldn't doubt they could get yes by 51% with any tu-rd they floated down to us with some of these characters.