Don't shit where you eat.sanjet wrote: ↑Mon May 18, 2020 5:01 pmI have always decided to have a different investment in something that is completely different from aviation. This should be a wake up call to a lot of us.trey kule wrote: ↑Mon May 18, 2020 4:22 pm Jepps posted:Really?I did forget to mention job security. Although airlines have failed/furloughed/merged as well, however that risk is much lower.
With the clarity of today, do you still think the risk is lower?
I heard a rumour (without Any evidence) , that over 30% of the airline pilots in the world today, will go into a different career. If nothing, it should make some think a bit.
I still cannot comprehend pilots that buy shares in the company they work for. You will need that cash in times like these. Been a #1 rule to never invest in your own airline, even with share discounts.
I never hold more than a year of ESOP. Get the match, look for an exit and move the money into diversified ETFs. I kicked myself at times as the stock price went up and up, but the strategy has paid off big time on the first down turn.