$125,000 what to do?

Discussion in 'Ask An Owner Operator' started by truckingmonster702, Aug 11, 2016.

  1. AModelCat

    AModelCat Road Train Member

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    One truck takes up a ton of time. It wasn't until I was a teenager and began taking over Friday night maintenence and washing for my dad that the family actually had time to have fun on the weekends. And he traded in trucks every 4 years.
     
    Grijon Thanks this.
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  3. Dominick253

    Dominick253 Heavy Load Member

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    Or sweet sweet compound interest...
     
  4. f150trucker

    f150trucker Light Load Member

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    Spend 11 k on a Dev boot camp . 6 weeks and 80 k a year writing code in a nice air conditioned office
     
  5. Dominick253

    Dominick253 Heavy Load Member

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    My uncle did that. Something like 30 years at the same job. Never took vacation until forced to, never missed a day. Died about a year after retirement. My advice, take a year mid life retirement and have a bit of fun then pay off a house. Even if you end up moving you can always rent the house.
     
  6. Dominick253

    Dominick253 Heavy Load Member

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    I wish I had m
    Really? I got a fox body. I'll just hold onto it until it's worth something crazy.
    Yeah but you can't put more than $5500 in a year right?
     
  7. Old school 362

    Old school 362 Medium Load Member

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    I'm gonna go with China , have maid,driver, and fun fun.
     
  8. Barbeque

    Barbeque Light Load Member

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    PersonallyI'd probably only run the trucks with the paymentsfor a while first. Keeping the 3rd as the backup truck for when one of the other 2 go down for maintenance or break down. And make sure you get all or as much as you can paid off on the home front. Because there will be garbage weeks and quarters.
     
  9. truckthatpassesyouby

    truckthatpassesyouby Road Train Member

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    Utterly boring. Do you have any idea how it feels to be made to write code the way the boss asks you to do? Believe me, devs are well payed monkeys. You will want to jump out of a wkndow if you have no control over your style or methods. Punch in and clock out. Trust me, that's not worth a lifetime career. I almost did it but I hated seeing them sit there thinking so hard while everything around them was basically constantly changing.
     
    f150trucker Thanks this.
  10. Barbeque

    Barbeque Light Load Member

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    Also if business is going well? Look into getting another cash truck. In about a year. Then bringing in a 3rd driver. It's always good to keep a backup truck.
     
  11. dca

    dca Road Train Member

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    I'd suggest not leaving yourself bone dry in funds, invest wisely, save as much as you can, it's not a lot of money.. it'll go in a blink of an eye..

    poof.. gone
     
    Lone Ranger 13 and rollin coal Thank this.
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