Originally Posted by
JetAway
That's basically it, as I understand it. He has close to 3 million MP miles and is concerned that they will be seriously de-valued before he can use them. Spend nothing this year, spend roughly $5,000 to be 1K for each of the following two years. Hopefully, he will gift his GPUs to colleagues who can still use them.
This is a tongue in cheek post
I could see the bloggers run with this idea.
If you already are 1k and have a lot of UAMP miles, you could be 1k very cheaply. 100K EQM and RDM purchased at today's rate would be 10,600$ AI. Mr(s) 1K presumably has 6 GPU and 4 RPU and will get another set when he/she purchases status next year. Because you are flying on awards, instruments could be sold, if one was willing to take the risk (400$/gpu & 200$/rpu = 400$x12+200$x8=6400$), which would bring the cost down to 2100$/year [(10,600$-6400$)/2yrs]. The purchased RDM's also are worth something, say 1000$ if you value UA miles at a very conservative 1cpm, so take another 500$ off per year and now you're at 1600$/year. Consider the purchase price (10,600$) a tax deduction/business expense and if you're in a 31% bracket or above, it's free!
Of course, the value of 1K is much less if you dont buy UA tickets.