I have 82,000 cash. What would you do?

1. How does the broker verify ELD compliance?
2. My post was merely a joke about how expensive old trucks have become

 

They really don’t verify it, I’ve only ever been asked if I am compliant.

 

Won't be difficult to verify it soon. They have your dot number, and anyone can see inspections on ai.fmcsa.dot.gov .. So over time anyone can see if pass or fail or whatever violations...

 

I conclude that my 1998 and 1986 models are both compliant with ELD laws and I dont forsee getting a ticket for ELD non compliance so nothing for them to see

 

Yep that's fine
You can see year and make of truck as well in the inspection reports
As long as you are legal then what can they do? Not give you the load? Probably be doing you a favour

 

82000 is money you need to set aside and sit on it a year and day.

Tell no one about this money otherwise you have parasites come out of the wood work everywhere.

Assuming IRS is not interested in taxing you for your inheritance you should be free to spend it as you please.

In our experience having that kind of money goes away very quickly in repairs when needed. It is good to fix things that break and then the work is done and it will last a long time. Even though we may not.

Buy several silver monster boxes and put it into your gun safe with a insurance rider to protect it's value. I think a 500 ounce monster is about 8500 spot value cash total roughly and you can easily carry about 5 of those boxes in total without too much difficulty with the rest in cash ready to go at a moments notice.

At some point as our M6 money supply becomes excessively too much the silver prices will rise. In 1971 Nixon killed the Gold Standard. This is not conspiracy or nutter. At some point the US Paper Money will be worth less (As it has been 4 times in our history going back to the Rev. War...) Gold and Silver from the right people in positions of power and estate rich enough to make it happen has literally given our Nation a shot in the arm to keep going.

But for your purposes, I am assuming no one knows where the money is, you have it protected in a safe big enough to hold it and in a torndado shelter strong enough to withstand a nuke blast some miles away. Regular old FDIC or Credit Union Banking is inadequate for this kind of money on hand.

At some point in the year or two, you will suddenly know with total conviction what should be done with that money and you will GO do it. without hesitation. Provided the result endures. For example, a certain percentage of my willed funds go to soldiers for armor for them. When they go into battle and that armor saves them from being killed that day and able to go back home to wife and kids then I have done well with some of the money for them.

That's one example.

Good luck. And then if you are still itching to go out trucking... hold of on it. You can have a million and burn it off doing that. Just hold off. All of us who think Trucking is worth a #### have that itch to go out. Even myself. But you gotta hold off.

Good luck.

 

Put a down payment on a new 2018 truck and go get that money.

 

@ethos s is still around. This thread is 5 years old I wonder where the money went

 

Yep! Invest it!

 

Eighty. Two. Thousand. Dollars.