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duece123

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Posts posted by duece123

    Pilot watches

    in General Discussion

    Posted · Edited by duece123

    Any advice where to sell a used Breitling?? All the online sites charge a huge premium or undercut the heck out of the owner and eBay is just a spam machine.

    Trying to sell my damn near mint Aerospace avantage that I thought would sell quickly.

     

    Sleep Apnea

    in Aviation Medicine

    Posted

    Thread revival.  Looks like I am going to be diagnosed with sleep apnea of some sort.  Not 100% sure yet as I have to go back for a second sleep study (blows).  Current airline dude and part time guard herc driver.  IS what I read above still accurate?  There is a chance I could get a waiver and finish my last years flying in the guard?  FYI, this is common and it is a very easy waiver to get in the FAA/airline world.

    Thanks.

    Investment showdown -- beyond the Roth, SDP, & TSP

    in Squadron Bar

    Posted

    I'm late 40's, planning to hit the eject button in 2015 which will give me about $75K per year in retirement just for being alive, not bad for a mouth breathing neanderthal .

    Married (wife 1.0), 1 kid (1st Grade), transferred GI bill four years ago (fully vested), 529 currently has $138,000, will hit the $235K limit well before 18.

    No debt other than one mortgage (30 year 3.5%, with $275,000 to go) and a car payment (1.4% on a remaining balance of $25,000)

    Owned first house since 1991, bought another in 1997, and current one since 2006. Never carried any credit card debt, have a libor loan pledged from my porfolio for large purchases that is basically a large line of credit @ 1%.

    Net worth = Doing ok

    1.6M in taxable brokerage account (Current distro = .01% cash, 9.83% in MMF and BDP, 72% in Stocks/Options ,18.16% in Mutual Funds)

    180,000 TSP

    360,000 Roth IRA

    300,000 Wife's Roth

    187,000 Traditional IRA

    120,000 Wife's Traditional IRA

    138,000 529 college savings plan

    50,000 Cash Savings Checking, Savings, MM, and a CD)

    250,000 equity in Rental Property #1 (No mortgage) - Generates $1500 @ month in income.

    175,000 equity in Rental Property #2 (No mortgage) - Generates $1300 @ month in income.

    75,000 equity in Rental Property #3 (30 year 3.5%, with $275,000 to go) break even each month, win overall based on tax deductions.

    50,000 equity in land (No mortgage) - Sitting idle and have to pay Prop tax and HOA fee, want to sell it.

    500,000 equity in another piece of land (Inherited from grandparents - No mortgage - lease to a farmer for agricultural tax exemption)

    I max out my Roth IRAs and TSP every year.

    As a Capt who flew mostly at night, I spent some time as a daytrader...did very well AND very bad, lost $35K one day, made $40K on another. Got very nervous at one point when I realized I had over $100K on margin, so I quit. Luckily on the advice of a friend I got in early on SanDisk and held it long through a couple splits, made a LOT of $ when I sold it, paid off two houses, paid a metric shit ton in taxes (my tax liability that year was more than my entire AF salary), and gave the rest to a professional wealth manger who has since tripled what I gave him.

    Damn dude, good for you! It will be nice to go I to retirement financially stress free.

    VA Loans

    in General Discussion

    Posted

    Just closed with Dave Davine. First time home buyer. Made it super easy and even worked with me on his day off to ensure our closing went smooth. The majority of his business is mil and airline pilots. People spread his name for a reason. Great experience!

    Airline Transport Pilot (ATP) Certificate

    in General Discussion

    Posted

    They do NOT ask you about FAR/AIM stuff or any instrument/flying knowledge on the ATP practical. Look at the PTS, it basically says the ground eval is over the airplane you are checking in. They do ask about MELs but a light twin doesn't have much of one. As for docs, cover the the basics required to be legal and you'll be fine.

    LockheedFix, I'm guessing you are asking about Central Flying Service, since they have a Beech Duchess. I got my ATP from there. It's an easy airplane to fly, very simple systems (if you bust the check over the ground eval which is aircraft stuff, you're a moron). That one (N184ER) has dual GNS-430s. Yes you have to know how to use them on the check, but its easy to figure out and they have a plan view of your route and approach. It's cake.

    They use a DPE who's more than fair and he likes military folks. 2-3 flights and a check should be adequate. The DPE follows the PTS, so if you want to know how the eval will go, it spells it out.

    Good luck.

    That is not how mine went. I went to ATP and was unfortunate enough to have a really asshole examiner. I memorized the book they gave me on the piper Seminole. Once the DPE found out I was a mil dude, he kicked it into second gear. Asked me all kinds of ridiculous questions (what are the 3 types of O2 masks is one i remember), and then berated me when I didn't know the answer. The flight was the worst flight of my life. the dude was literally screaming. I passed, but was so livid I refused to shake his hand after the flight. It was extremly evident that he was not a fan of military and how we are trained . He literally told me that.

    Morale of story....do your homework. Use the same "guy" that all your other mil buds used. I didn't go to the "guy" because I was too cheap to buy a plane ticket. I make sure the young dudes in my squadron don't make the same mistake as me.

    Appealing a promotion board

    in General Discussion

    Posted

    Nice try, but there is more to it than that.

    Not really. I literally did not do anything besides call finance and get some captains bars on the bag. So from my point of view, there was not more to it than that.

    Just to clarify..... I am amazed at all the bs that the AD brethren must go through to get kicked in the nuts like some of these guys do (if all these post are true). Good luck guys, I hope you get this settled quickly

    Running/workout/PT while at UPT

    in General Discussion

    Posted

    Ask yourself this question:

    What's more important to me...several months without working out or becoming a pilot?

    Use that time to study, work ahead, and do the best you can...you have the whole rest of your life to be a gym phag...

    Yeah man and in ten years when you can't fit into your bag anymore, you will be a fatass, ill will gladly still be a gym ######.....

    back on topic,

    just ask your flight commander. Ours did not want us to go on FR until we all passed our inst check. Even then I found time to lift/run/swim/whatever 3-4 times a week. bring a gym bag to the flightroom and go straight to the gym after you get released. A 45min-1hr workout a day does not eat up too much study time. Take the periods you are not flying and study in the flightroom. That’s what I did.

    Now if you get to corpus, different ballgame. Very easy to say....ehh...not flying for the rest of the week, so i dont have to go to work, so a case of the 'stone and the beach sounds about right! Memories.

    Being treated poorly as a student in UPT

    in General Discussion

    Posted

    Dude, I am on your side. UPT blows nuts big time, I cant wait to be done. But…………..Next time you get a few mins, call a bud from back home and listen to him when he bitches about how he hates his life because he sits a desk all day everyday and answers the phone or some sh1t like that. You will realize that getting paid to fly a military AC is a sweet gig, hazing or not. Also, I can’t count how many people would kill to trade places with you. The USAF has been doing the hazing BS for 70 + years so it is not going to stop anytime soon. Nut up and take everything with a grain of salt. UPT is a big mind $%&^ anyways.

    Roth IRA???

    in General Discussion

    Posted

    I have a Roth through Vanguard. They offer a target retirement fund similar to those of the TSP. The Target funds are very well balanced between US and international stocks, and they have very low expenses. You do not need to know a ton about the market to invest and make money. Some of my buds use Fidelity for their IRA’s. They also offer some kind of Life cycle or target fund. Good luck!

    Information on PCS/moves/moving (DITY, TMO, DLA, storage)

    in General Discussion

    Posted

    I have done the search and still have a few questions about being in the guard and PCSing to UPT. While at UPT do you continue to work with your units finance department, or do you work with your UPT bases finance dept.? I have done some research on DITY moves and plan on doing that to go to school. Do all the same rules apply for guard as they do fro AD? I keep hearing people at my base say, “well, it is a PCS but it is greater than 180 days, but is treated like a TDY because you are a guard guy”. WTF does that mean? Any info or tips on getting prepared for the move is greatly appreciated. I know you can make some good cash on DITY moves. Thanks.

    Nose bleeds

    in Aviation Medicine

    Posted

    yeah i had that problem for about a week....kind freaked me out. Go to the store and get some saline (sp) nasal spray. Used it twice a day and it cleared the situation right up. Or you could lay of the cocaine!

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