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  1. pourts

    Israeli Viper Down

    Yeah, fuck that guy for even posting about it. What was he even thinking? :rolleyes: Its a big deal... in a long line of big deals that have recently happened in Syria. Nobody's about to nuke anyone because of it, but it matters.
  2. pourts

    USMC Too many aircraft in the Marine Corps?

    I don't get your post. Are you trying to remind us that when we forward deploy we are at risk? I had friends there so I know what happened, but thanks for the reminder. Are you trying to say non-grunts need to be proficient with their T/O weapon? Cool, they already go to the range once a...
  3. pourts

    USMC Too many aircraft in the Marine Corps?

    It just really cannot be overstated how stupid this is. Right at the time when we need to fix airplanes, get pilots up to normal flight hour levels, and get healthy after surging for 15 years to fight a counterinsurgency. Instead we get fuck-fuck games. From my limited vantage point, the...
  4. pourts

    USMC Too many aircraft in the Marine Corps?

    Neller has never been confused for a thinker by anyone. It saddens me that he gets to run his mouth and get published when there are two legitimate geniuses that are current/ very recent Marine leaders higher than him in DoD. Different jobs, I get it, but Dunford and Mattis are light years...
  5. pourts

    Retirement: BRS/High 3

    Sorry for the late reply. A football game and some other stuff got in the way. Ah, risk... a much more interesting discussion. All your points above are true. The stock market is not without risk. However, I think it is a prudent risk going forward. Whether you agree with Thomas Piketty...
  6. pourts

    Retirement: BRS/High 3

    via Imgflip Meme Generator
  7. pourts

    Retirement: BRS/High 3

    For the record, you are correct and @DanMa1156 is wrong. For someone that stays 20 years, the High 3 is better. However, as discussed ad nauseum, the option value of the BRS more than makes up for the slightly lower returns. However, there is a problem with your model on page 4. Let me first...
  8. pourts

    Retirement: BRS/High 3

    I am glad you brought this up. I am a big fan of Kahneman and Taversky's Prospect Theory, and that's exactly what you are talking in your examples. A major improvement in DESCRIBING human behavior over Expected Utility Theory. However, Prospect Theory is descriptive (it describes what people...
  9. pourts

    Retirement: BRS/High 3

    I totally accept that. I myself, and most folks, will need more at 46 than 66. I think you are overlooking how easily you can get your money at 46 if you want it, depending on the type of account. I also think you are mis-valuing the benefit of the mortgage interest tax deduction for the full...
  10. pourts

    Flight Pay Changes

    Oh God, please tell me the Marines have to go along with DoN policy on this. If they are given the option, they'll probably buy deny the flight pay increase and buy more go-fasters, ink sticks and moon beams, because... EXPEDITIONARY!
  11. pourts

    Retirement: BRS/High 3

    Crap, that's not really what I meant. I was mainly trying to give a compliment before I started an argument. In that context, I was saying you have to use some rosy assumptions for BRS to beat high 3 IF YOU STAY FOR 20. Only about 15% of military stay for 20. I'll link the data if I can find...
  12. pourts

    Weed Stocks and Security Clearance

    In my experience there are no issues with TS level clearances and re-investigations with reasonable amounts of (vanilla) foreign stock holdings. If you think about it, those people are trying to find the next Edward Snowden or people who have "Fat Leonard" style skeletons in their closets that...
  13. pourts

    Retirement: BRS/High 3

    We won't change each other's minds at this point. this reply is for the audience that may be considering a strategy similar to yours. You can spend Roth IRA principal + interest for dependent's college or for a 1st house. 529 money is for college. HSA money is for health expenses. TSP money...
  14. pourts

    Retirement: BRS/High 3

    Wrong on the Roth IRA, right on the TSP. You can always withdraw principal from a Roth IRA penalty free, even before 59. This makes sense, since you already paid taxes on it. Edit: there's also some weird 5 year rule, but in most cases you can withdraw no problem.
  15. pourts

    Retirement: BRS/High 3

    I'm not sure I understand everything you wrote, but I have a few responses. Regarding death: the assets go out according to your will whether it is equity in a house or stocks in a brokerage account. I don't see how that is a factor. Your college financial aid strategy is an interesting one...
  16. pourts

    Retirement: BRS/High 3

    No difference.
  17. pourts

    Retirement: BRS/High 3

    I've been on team @Spekkio for most of the debate in this thread. Bottom line is the government rolled out this plan to SAVE MONEY, and on the whole, it will do just that. Sorry @DanMa1156 BUT, I have to vehemently disagree with paying off the mortgage early at only 3.5%. I just can't get...
  18. pourts

    Retirement: BRS/High 3

    Generally, I am inclined to agree with you. However, this being 2018 after a 9 year bull market, I am trending a little more conservative than in the past. I would also be interested in reading that data on dollar cost averaging generally not being better. What timeframe are they using to...
  19. pourts

    Retirement: BRS/High 3

    The government matches up to 5% on a per transaction basis. If you max out in September, then you are losing your 5% contribution for October, November and December. This is my understanding how it will work after discussing it with 10 different "experts" and finally getting to someone who...
  20. pourts

    Retirement: BRS/High 3

    Who is saying that? The information that I received from our base representative is that you can contribute to Roth, but matching will go into regular. I will say that they could have published something on this point on the website to alleviate the confusion.
  21. pourts

    Retirement: BRS/High 3

    Public Service Announcement: if you are one of those nerds (like me) that maxes out your TSP each year, make sure you calculate your max percentage so you aren't leaving money on the table by reaching your limit too early... nobody likes culminating early :( Max Percent = 18,500/(annual base...
  22. pourts

    Retirement: BRS/High 3

    You know if you are a total motard or not. Do you still wear silkies as underwear? If yes, and you are a motard, then choose the high 3. If there is even the slightest chance that you may want to do something different after 5 or 10 years, then choose the blended option with TSP matching. As...
  23. pourts

    Involuntary extensions

    No clue. All 4 of the pilots I know personally who accepted continuation all PCS'd. All but 1 to the fleet. Guessing you are at -101 because extending from there is smart and everywhere else is a downgrade. As far as negotiations go, you have all the power. "Extend me at my current unit or...
  24. pourts

    AMEX Platinum

    The AMEX platinum is awesome, but you should NOT be using it to actually buy anything except airplane tickets (5x points). Get the 50,000 point sign on bonus, use the lounges, enjoy status at Hertz/Hilton/Starwood, smile that they reimburse the annual fee for military, use the $200 per year...
  25. pourts

    Odd article for the New York Times - UFOs

    New York Times says: "Zero articles remaining this month, loser!"
  26. pourts

    Involuntary extensions

    If you don't mind sharing, what is you platform and are you in the fleet now? Fleet to fleet to anywhere should be an easy sell, especially Japan. Did someone in the front office recently tell you you are getting extended? Again, not sure what platform you are, but the USMC Hornet Manpower...
  27. pourts

    HIMARS

    As someone who is currently inside the machine, I have no confidence that money will get spent on the right things. Your confidence/ naivete is scary. Next up, we are going to sling load M777 under Hornets, because, you know, maybe we need Hornets to fly some arty somewhere.
  28. pourts

    HIMARS

    Imagine if the Marine Corps spent time and money on something useful for once, not stupid shit like shooting HIMARS from a flight deck. It would be like Ireland before the discovery of whiskey...
  29. pourts

    HIMARS

    ARG is LHD, LPD, LSD only. No escort. Based on the situation, escorts can be added. New to the thread, so apologize if this was already covered.
  30. pourts

    USN Navy leadership neuters Hornet/Rhino Ball

    From now on to be referred to as the "Strike Fighter Empty Pouch."
  31. pourts

    Funniest Airshow Stories

    Even better, Fleet Week San Diego is 3 weeks after the Miramar Airshow. Seems like it would make sense to spread out those two big military events in the same city.
  32. pourts

    Funniest Airshow Stories

    I could have posted this in the "Private Naval Aviators" forum, but I didn't because I thought some good natured fun about airshows might be interesting for the wannabes and the soon-to-be's and used-to-be's to read. You were given a backstage pass to what the life of a fighter pilot is like...
  33. pourts

    Auto ejection?

    Or we could stop buying $300 hammers from a 5 person company in Nebraska because it "supports American small business." There are so many problems, its hard to know what to complain about/ lobby to change first. Its like the Titanic hit 6 icebergs simultaneously. I'm not sure which...
  34. pourts

    Auto ejection?

    Well, can we at least have something?
  35. pourts

    Auto ejection?

    Bad leadership decisions from those at the top.
  36. pourts

    Funniest Airshow Stories

    July 1 of 2018. There's a possibility that there are no Marine Hornet pilots at next year's airshow at the rate we are currently going.
  37. pourts

    Funniest Airshow Stories

    In light of having to work the Miramar airshow this weekend, I thought it would be fun to solicit all of your hilarious airshow stories from years past. For me, they mainly involve answering questions about parts on the airplane with ridiculous answers. The following is a short list of items...
  38. pourts

    Miramar Airshow: 22-24 Sept

    I'll be there selling squadron gear on Saturday.
  39. pourts

    NEWS Air Force leadership talks frankly about pilot retention

    It also isn't always a death sentence. @MIDNJAC and I had an instructor at Meridian that got picked up for the Blues. Not sure what he's up to these days.
  40. pourts

    NEWS Air Force leadership talks frankly about pilot retention

    So, you guys gave him nothing? If so, I concur.
  41. pourts

    NEWS Contract Red Air pilot rescued after ejection

    The mishap made me think of Lex. Never knew him personally, but man I miss that guy's blog.
  42. pourts

    NEWS Contract Red Air pilot rescued after ejection

    http://fox5sandiego.com/2017/08/22/pilot-ejects-from-plane-off-coast-of-san-diego/ Contract red air pilot successfully rescued after ejection from Hawker Hunter off the coast of California.
  43. pourts

    Military Pilot Retention and Airlines

    Exec branch says "no problem" Congress says "you are full of shit" but don't officially have any evidence, so they take 9 months to write a report and figure out if there is a problem. That's the way the system works I suppose. We aren't talking about Amazon for goodness sake, this is the US...
  44. pourts

    Military Pilot Retention and Airlines

    The "Working Group" (2 GAO analysts) were sent by Senate Armed Services Community to determine if there was a problem with fighter pilot manning/ retention. The impetus was testimony by service chiefs wherein they said "we don't have a problem." Just like with AA, the first step to recovery is...
  45. pourts

    Osprey down off Australian Coast

    Quick pitch for those of you who find yourselves on a FAC tour with a MEU. Fight the good fight against your BLT Commander for troops riding as passengers be slick in the aircraft (flak off, horse collar only) while feet wet for non-combat missions. When the horse collars get passed in you can...
  46. pourts

    F-35 Conversion Board 2017

    One wonders what the threshold is where big USMC/ DoD tries to fix the problems that are causing folks to leave. 35%? 15%? Watch the last one walk out the door, call him a fucking quitter, then walk to the white board and start brain storming how to retain pilots? But watch DCA still get an...
  47. pourts

    NEWS Local Spirit Airline Pilot Dead of Heroin Overdose

    For those not familiar with what @GroundPounder is talking about, here's a good book on the subject. https://www.amazon.com/Dreamland-True-Americas-Opiate-Epidemic/dp/1620402521 Another issue is the fact that the difference between an "effective dose" and a lethal dose is extremely small for...
  48. pourts

    USN Showdown between Super Hornet and F-35

    Are you high? Have you looked on a map how far Taiwan is from China? They care a lot more about the ballistic missiles and diesel submarines.
  49. pourts

    MEU Artillery

    When Hotdogs is talking about the "jeep" that pulls the 120, he is talking about this gator sized/ half go-kart "jeep" that is garbage, but fits in the Osprey. The MEU has 4 Abrams main battle tanks for God sakes, it might as well have some Howitzers rusting down in the bottom of the ship as...
  50. pourts

    USN Showdown between Super Hornet and F-35

    Well said. Like Swanee said, it doesn't matter anymore because this is happening no matter what, but its worth learning some lessons from the process. We'll still be driving around in aluminum skinned AAVs that are a complete joke, but at least we spent eleventy billion getting those 6 F-35s...
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