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High Finances: Wait, The B-1 is Like Investing?

Jason Depew
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A B-1B Lancer with a Joint Air-to-Surface Standoff Missile, or JASSM, flies in the skies above Edwards Air Force Base, Calif. Ethan Wagner/U.S. Air Force
Gemini Sparkle

Key Takeaways:

  • Savings accounts are ineffective for wealth growth as inflation typically erodes their value, akin to a B-1 bomber struggling to stay airborne.
  • Compounding interest is the key to accelerating wealth, allowing money to grow exponentially over time, much like the B-1's "the faster you go, the faster you go" principle.
  • To effectively leverage compounding interest and achieve higher returns, the article recommends investing in low-fee, broad-based index funds (ETFs or Mutual Funds) that track major market indexes like the S&P 500.
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How is the B-1 like investing? Let’s start with the backstory.

Jason Depew

Jason Depew flies as a captain for a major U.S. airline. He is also an Air Force reservist and has flown more than 300 combat missions over Afghanistan and other garden spots. Based in Tampa, Florida, he instructs in the Icon A5 and anything else he can get his hands on. His writing is focused on personal finance for pilots with the goal to help all types of aviators enjoy great careers, sometimes in spite of themselves. You can send Jason questions at editorial@flying.media.

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