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How about this for an airfare budget?
06-18-2007, 08:39 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: St. Louis
Posts: 2,179
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How about this for an airfare budget?
http://www.latimes.com/business/la-f...lines-business
"In one recent divorce, the entire settlement was hung up on the issue of whether the former wife would be given $500,000 or $750,000 a year to cover first-class air travel, says Ken Burrows, an attorney who handles hedge fund divorces in New York and Connecticut."
Sigh...Must be nice to have an annual airfare budget of $750k for 1st class travel.
__________________
Dryer sheets Schmyer sheets
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06-18-2007, 09:48 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by MooreBonds
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Yet another strong argument for staying single if your skills go beyond attracting people of the opposite sex.
Also a strong argument for getting married if your skills lie mainly in sexual attractiveness.
Ha
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06-18-2007, 10:13 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
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If you're going to spend $500K+ on air travel, why the hell would you fly commercial?
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06-18-2007, 10:18 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: St. Louis
Posts: 2,179
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Quote:
Originally Posted by saluki9
If you're going to spend $500K+ on air travel, why the hell would you fly commercial?
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Do you think they let her entourage fly for free in 1st class?
Either that...or she needs to fly a few of her prospective husband replacements 1st class on a few overseas trips to manipulate and fool them into thinking she has money so they can be the next suckers wine and dine them as they court each other so she can find another bank account "true love" ...
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Dryer sheets Schmyer sheets
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06-18-2007, 10:24 AM
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#5
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Recycles dryer sheets
Join Date: Oct 2005
Posts: 325
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I'm guessing by "1st class airfare" they mean private jet. Difficult to spend $500K a year on first class tickets. Easily done with private jet travel. Private jet travel is like $4K per flight hour.
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06-18-2007, 10:51 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by haha
Yet another strong argument for staying single if your skills go beyond attracting people of the opposite sex.
Also a strong argument for getting married if your skills lie mainly in sexual attractiveness.
Ha
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Single it is...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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06-18-2007, 12:17 PM
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#7
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,856
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Quote:
Originally Posted by MooreBonds
Sigh...Must be nice to have an annual airfare budget of $750k for 1st class travel.
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Those NetJets shares ain't cheap-- and once you've flown NetJets, how can you fly anything else ever again?
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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06-18-2007, 01:05 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by Nords
Those NetJets shares ain't cheap-- and once you've flown NetJets, how can you fly anything else ever again?
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I guess we should ask Tiger Woods, a well-known NetJets customer..........
When asked why he didn't just BUY ONE, his answer?
"Are you kidding me, those things are EXPENSIVE"!!!
(And he makes $100 MILLION a YEAR)
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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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06-18-2007, 01:43 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
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Quote:
Originally Posted by Nords
Those NetJets shares ain't cheap-- and once you've flown NetJets, how can you fly anything else ever again?
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You might be able to.
I did work for a client who refused to fly commercial for safety concerns (worried about terrorists) and he liked being able to pull up to the airport 5 minutes before you were supposed to leave. So he bought a netjets share which worked great for two and three hour domestic flights.
Then he took his six seater to Europe. One trip across the North Atlantic with some foul weather thrown in was enough to convince him that he will stick to short domestic flights in his "little plane" and suffer through first class on the international flights.
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06-18-2007, 06:06 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Quote:
Originally Posted by FinanceDude
I guess we should ask Tiger Woods, a well-known NetJets customer..........
When asked why he didn't just BUY ONE, his answer?
"Are you kidding me, those things are EXPENSIVE"!!!
(And he makes $100 MILLION a YEAR)
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Who, among celebrities, LBYM? Who are the best money managers? I've heard Madonna is pretty savvy........
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06-19-2007, 08:09 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
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Quote:
Originally Posted by CybrMike
I'm guessing by "1st class airfare" they mean private jet. Difficult to spend $500K a year on first class tickets. Easily done with private jet travel. Private jet travel is like $4K per flight hour.
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Have you ever looked at the price of actually buying a first class ticket? LAX - NYC is easily $5K. NYC to paris or london is almost double that. Throw in a guest or two and it can be done.
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06-19-2007, 10:04 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: St. Louis
Posts: 2,179
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Quote:
Originally Posted by Meadbh
Who, among celebrities, LBYM? Who are the best money managers? I've heard Madonna is pretty savvy........
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http://money.cnn.com/2007/06/14/commentary/sportsbiz/index.htm?cnn=yes
Sounds like LeBron James is very open to being among the most financially astute (which could be said about anyone that wants to meet with Warrent Buffet)....and he's just 22!
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Dryer sheets Schmyer sheets
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06-19-2007, 10:06 AM
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#13
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,856
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Quote:
Originally Posted by saluki9
Have you ever looked at the price of actually buying a first class ticket? LAX - NYC is easily $5K. NYC to paris or london is almost double that. Throw in a guest or two and it can be done.
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Newark-Honolulu is 10.5 hours, $2500, and worth every freakin' penny.
__________________
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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06-19-2007, 10:49 AM
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#14
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Recycles dryer sheets
Join Date: Oct 2005
Posts: 325
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I always fly first class when available and my tickets are usually in the $1500 per seat range. I imagine if you fly overseas first class it could rack up quickly, but you'd have to fly a couple times a week with friends domestically to get > $500K.
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06-19-2007, 05:45 PM
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#15
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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Folks of lesser means squabble over who gets the frequent flyer miles, really!
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06-20-2007, 08:31 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
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Quote:
Originally Posted by NinjaPigeon
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I think that still counts as LBYM
How many of us can claim that our homes cost probably 25% or less of one year's earnings?
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06-20-2007, 09:16 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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06-20-2007, 11:19 AM
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#19
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Recycles dryer sheets
Join Date: Jun 2005
Posts: 304
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Quote:
Originally Posted by MooreBonds
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Sigh...Must be nice to have an annual airfare budget of $750k for 1st class travel.
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But at the same time, these folks are getting divorced and presumably have some measure of unhappiness.
I'll take my happily-married, low-stress, lesser-means lifestyle over that situation any day.
- John
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06-28-2007, 06:34 PM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
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