Both from personal experience, and In reading many of the recent posts here, it is no secret that using accumulated miles is becoming harder and dearer.

Therefore, I though it may be a good idea to gather peoples thoughts on what they are doing to gain better usage of their miles. My thoughts are about plant now, harvest later...

Though I know that FF's have different rules and regulations, I think the best strategy is to spend the time now accumulating the miles, and utilizing them after say 18 or 24 months from today.

The programs Im in expire miles after 3 years of accumulation. Therefore, Im hoping, the lingering pressures on airlines now, will hopefully lessen within that time period. As a result, competition may kick start the miles race all over again resulting in better value. Oil has already plummeted from a high of $147 a month ago to $114.50 today !!! that's a whopping 22%

Its like everything else in the world, there is a right time to buy stocks or property, and there is a right/wrong time to sell. I think now is the time to accumulate, then spend those miles a little later when they can generate better value.

Im keen to hear others thoughts..