Originally Posted by
farrari
In 1971 if u worked for TAA , Ansett or Qantas u had a well paid respectable job, with a ‘ Wounderfull lifestyle, unlike today.
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Actually, 30 years later in 2000, you still had a wonderful lifestyle and good pay in Ansett and Qantas.
Then Virgin Blue came along, pilots started paying for their endorsements and angry 89ers taking training jobs, for less than incumbent FO’s were being paid at the majors.
There have been plenty of opportunities to invest well since 2000 and survive the downturns. Hedging in the inevitable fight against inflation that eats away wage buying power. QF guys seem to have done it?
So get cracking! Not just investing for retirement but to be Bank of Mum and Dad for your kids.