So today was my first full day of class at Driveco in Gary Indiana. Its accredited through ivy tech state college. The state gave me a grant to go. NOW, TMC was the first rep in. He said all the regular stuff home weekends great pay like they all have but he said since they are employee owned they have stocks. He said that after 20 years of work that stock is estimated to be worth about 1 million dollars. How is this possible?![]()
driveco\tmc
Discussion in 'Trucking Schools and CDL Training Forum' started by Doc Daniels, May 29, 2014.
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The stock is free to you.
On top of that, join a credit union and start a retirement plan through a mutual fund account or whatever they offer and never withdraw funds until you retire.
With the TMC plan plus the credit union; you can be a millionaire + in 20 or 30 years. -
I saw they have 10% match to the 401k which is amazing. So its possible to make that kinda money in 20-25 years?
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Yes it is, if your disciplined. Forget the fancy cars and expensive toys and focus on retirement. What's your retirement goal; fishing, hunting, laying on the beach in some exotic place with palm trees and a beauty massaging you? Stay focused.
Wish I had known this when I started driving. Wasted lots of money over the years, wine-women-song-alimony, but still reached my goal of a comfortable retirement; beautiful home in Henderson, NV 10 minutes from the Las Vegas strip and another in the Orient.
The thing is, you can do much better than what I did. About those 401K's, don't panic and sell if the stock market drops. You haven't lost anything unless you sell. When the stock market drops, buy while stocks are low.Doc Daniels and Battle Born Thank this. -
Do you think they are the best paying Flatbed co out there?
Chinatown Thanks this. -
For new drivers just starting I would say TMC is about the best paying for annual pay.
System Transport is also at the top of the list & they have a terminal in Gary.
Melton Truck Lines is also high quality company with excellent healthcare for driver & family.
I really like TMC's stock and 401K program though. -
Yea TMC has me VERY intrigued. I just want info on the stock to give to my money guru to see if i can hit that $1million mark in 20-25 years. PLUS a 401 K that matches 10% is HUGE!
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At TMC if you work hard enough you can Essen more than veterans. Performance based pay. Plus if you get your Twic and such it helps.
Doc Daniels Thanks this. -
I should be asleep but my brain wont shut off. Gotta be up at 7am we go over pre-trip at DriveCo in the morning and I wanted to be rested for this...UGH Start of week 2 Here we go!
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Much much much wisdom in this quote. Getting rich does not come easy or quick.
Its years....decades of hard work, but it is possible to attain for anyone with the right work ethic.
TMC is as good as it gets for companies that will actually hire a student. That is considering you can do flat bed. Pulling a flat bed is not for everyone.Doc Daniels Thanks this.
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