Category: Pilot Money Guys

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Pilot Money Guys

Flight #66: Flying High with Fighter Pilot Roger Lance

In this episode, we have the privilege of hearing the remarkable aviation journey of Roger Lance, a retired Air Force officer and Vietnam War veteran. Roger takes us on a captivating flight through his experiences, from his early days in aviation to the intense moments in the war. He provides a glimpse into the different aircraft he piloted and shares his favorites, shedding light on the competitive yet camaraderie-filled world of flying.

Roger’s insights into the importance of teamwork and humility in the Air Force underscore the collaborative efforts that keep aviators soaring. Join us for an engaging conversation that offers a unique perspective on the world of high-powered aircraft and the exceptional individuals who fly them.

What You’ll Learn In Today’s Episode:

  • Roger’s aviation journey. 
  • What got him interested in flying. 
  • Which planes he was in charge of flying. 
  • How he got into the Air Force. 
  • His favorite plane to fly.

Ideas Worth Sharing:

  • “When flying these high-powered airplanes, you have to think you’re the best to be the best even though you are not.” – Roger Lance
  • “Flying is really competitive. You wish everyone well, but you want to beat the other guy.” – Roger Lance
  • “You may think you’re God’s gift to aviation, but the ones before you were better.” – Roger Lance

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Pilot Money Guys

Flight #65: Mastering the Art of Holistic Investing with Andy Christopher and Sunil Wahal

Today we’re joined by investment expert Andy Christopher, a Naval Academy graduate and F-35 Contract Instructor Pilot, and Sunil Wahal, a Professor at Arizona State University and Consultant to Avantis Investors. Together, they shed light on the intricacies of investing, emphasizing its profound connection to life itself, and the importance of self-awareness, helping you calibrate your risk tolerance and assess potential risks in your investment portfolio.

Listen in as we discuss the critical aspect of diversification, particularly relevant for pilots, highlighting the lessons learned during the challenges of the COVID-19 pandemic. You will learn the art of asset allocation and its alignment with your future consumption plans, steering you toward smart investment decisions. 

What You’ll Learn In Today’s Episode:

  • How to think about investing more holistically.
  • The importance of diversifying your portfolio.
  • Why you need to assess your risks in investments.
  • How to approach asset allocation.
  • Why re-balancing your portfolio is key.
  • Where private equity fits in.
  • Why index funds may be misunderstood.

Ideas Worth Sharing:

  • “Save today to consume something in the future. That is how investing works.” – Sunil Wahal
  • “Re-balancing makes a big difference to investors’ portfolios. It is one of the most valuable things financial advisors do for their clients—it helps them so much. Done thoughtfully, it can help on the tax side as well. ” – Sunil Wahal
  • “The best way to think about private equity is to think about what risk you are taking.” – Sunil Wahal

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High Income Pilot Money Guys Pilots Uncategorized Video

Financial Thoughts on Moving to the Left Seat "Captain"

FINANCIAL IMPACT OF MOVING TO THE LEFT SEAT

Mark Covell (financial planner and American Airlines pilot) and Kevin Gormley (CFP®, CPA, PFS) discuss the financial implications of the salary increase that comes when pilots get promoted from First Officer to Captain ("left seat").

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Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this video will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Moreover, you should not assume that any information or any corresponding discussions serves as the receipt of, or as a substitute for, personalized investment advice from Leading Edge Financial Planning personnel. The opinions expressed are those of Leading Edge Financial Planning as of 12/06/2022 and are subject to change at any time due to the changes in market or economic conditions.