Welcome to the first blog of Flight Line Financial. Some visitors to this blog will already know me, while many others will not. As a brief introduction to those unfamiliar with me, I am a commercial airline captain with United Airlines. I started my flying career approximately 28 years ago with People Express then merged [...]
Pilots live in a world of acronyms, so I have a new one for the world of investing: DADR. That stands for: D - Diversification A - Asset allocation D - Dollar cost averaging R – Rebalancing Last month’s blog I explained the basics and benefits of diversification. This month I will discuss the other [...]
This month I would like to discuss mortgages and the benefit of extra principle payments - especially at the front end of the loan. As a bit of a personal background, I operated a real estate company for over 12 years that encompassed purchasing distressed properties then renovating them. After renovation the properties were bundled [...]
This post is mostly applicable to former Continental pilots and current United pilots, but the information is somewhat universal: I've enclosed a chart with 2014's max contribution limits for your reference below. I wanted to touch on maxing out your side of the 401(k) before reaching the 415(c) limits of either $52,000 or $57,500 (over [...]
