Originally Posted by
Steph3n
In today's market one should put a value of ZERO on every mile they earn because tomorrow your legacy may be history.
Very foolish if you have good uses for miles. (Diversification is wise for major earners as it reduces risk of complete loss). GM stock is worth more than $0 even though it
might become worthless. Only on the day
I know GM is bankrupt does their stock become worth $0.
Originally Posted by
davidthomson
...having tons of miles stored away waiting for the perfect storm is crazy nowdays IMHO.
Agreed!
There are two categories of miles earners: those who have good uses for the miles they earn and those to let them pile up. Those who use them as fast as they earn them would be
quite foolish to value miles at ZERO!