I received this in a Joe Brancatelli email today. I am not a "member", so I am not able to read the whole story. Has anyone on this forum read the article? Does anyone give this any credence?
"BRANCATELLI FILE: TIME TO CASH YOUR FREQUENT-FLYER MILES
Allow me to offer you this bit of practical advice: Cash your frequent-flyer miles. Cash them as soon as you can. Cash them today, because tomorrow they are guaranteed to be worth less. the business cycle of the Big Six is eroding the practical value of your miles as each day passes. Read how and why you should cash out at
http://www.zyworld.com/brancatelli/MEMBER/bf.htm
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Richard Laakso PM 2.8MM Starwood platinum