I saved $6000! What would you do with it?

Discussion in 'Ask An Owner Operator' started by Gucci25, Oct 24, 2015.

  1. Rex012

    Rex012 Light Load Member

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    Apr 12, 2014
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    Buy a house skip the truck. Chances are youll make more as a company driver with 1000 less headaches.
     
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  3. Rex012

    Rex012 Light Load Member

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    I been wanting to learn how to do that. Seems like a good source of income with relatively low risk
     
  4. PrettyBoyTrucker

    PrettyBoyTrucker Bobtail Member

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    Raleigh, NC
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    i trade stock as well. But the market is volatile. so make sure you invest money you don't need right away.
     
  5. Orangees

    Orangees Light Load Member

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    My life could've been a lot better if I stuck with day-trading. Very nice.

    I'd keep saving what you can. 2-3 years down the road you can either buy a house or try your luck with being an OO and opening your own company.
     
  6. PrettyBoyTrucker

    PrettyBoyTrucker Bobtail Member

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    Raleigh, NC
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    i day trade with Fidelity. i set up alerts for when to buy & sell certain stocks so i dint have to watch it all day. But trucking gives you that extra boost of cash. I'm saving most of my income to start a fleet & invest in realestate.
     
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  7. Arkansas

    Arkansas Medium Load Member

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    Dec 20, 2014
    LA- Lower Arkansas
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    Put it in the bank an act like you don't have an extra dime.
     
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  8. Derailed

    Derailed Road Train Member

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    Day trading takes nerves of steel and alot of discipline. The success rate of profitable traders is about the same as new owner operators. Without knowing your other expenses in life I would say just bank it for now. Keep going like you are and you'll have a good chunk to put towards a home if you don't own one already. If you do, get that mortgage paid off before anything else, than have your fun or help the kiddies with college.
     
  9. RoadRooster

    RoadRooster Road Train Member

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    Fort Myers, Florida
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    banks are not safe, I'll hold it for you
     
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  10. AModelCat

    AModelCat Road Train Member

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    Canuckistan
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    Buy 4 of these just because.
    EVH_WnB.jpg
     
  11. dog-c

    dog-c Road Train Member

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    New York, NY
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    Buy Verizon stock with that 6k and get a nice dividend payment 4x (4 quarters a year).
     
    Last edited: Oct 24, 2015
    Gucci25 Thanks this.
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