60+ CPM THE NEW STANDARD?

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by dogtrucker, Jul 19, 2019.

  1. scott180

    scott180 Heavy Load Member

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    So in 1978 your dad made enough that he could buy your 1990 house in two years. A driver today would need to make about $150,000 a year or more to do the same.
     
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  3. LateNightCable

    LateNightCable Light Load Member

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    Adjusted for inflation, that’s still only about a $93,000 home. There are plenty of drivers today who make that or more annually. Granted, most are probably on the road a lot more for it.
     
  4. Gambosa

    Gambosa Light Load Member

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    Let’s face it guys, inflation sucks, unless it’s in our tires ;-)
     
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  5. Intothesunset

    Intothesunset Road Train Member

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    Good news ATS is paying 65cpm for dry van. I doubt you will drive 1500 miles per week.
     
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  6. reefertank

    reefertank Light Load Member

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    Jan 22, 2015
    Eastern Oregon
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    That is why you don't save. You either invest or buy gold.

    "New" driver with 15 months experience 3 years ago, starting pay .42 cpm, 3,000+ miles per week

    Oh, also get zero benefits and 13 cents is per diem.
     
  7. dieselpowered

    dieselpowered Medium Load Member

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    the fact that the gold doesn't back the dollar anymore it's backed by more paper money, on top the fact if you invest in gold and should US gov make it where you cant own gold again you be screwed most people would even bury there own gold hide from the government when that was happening.

    Worst part all this money we throwing out like cotton candy and no big deal will make the value the dollar drop especially when they have to print a bunch more money for this.
     
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  8. reefertank

    reefertank Light Load Member

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    Jan 22, 2015
    Eastern Oregon
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    If you want to be paranoid and think that will happen again then buy gold in the form of jewelry or buy silver which is also viewed as money, not just industrial.

    The dollar is rapidly being devalued at this moment. The cost of goods and services may increase 20-50% within the next several years. That means you could lose up to half your spending power or savings. Metals should go up with inflation. You can also invest in mining stocks and foreign assets. Its ridiculous to save fiat currency (dollars/money).... why would you want to be taxed 20-50% on top of the taxes you already pay. For years the feds have been taxing your money 2-3% a year.
     
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  9. Rideandrepair

    Rideandrepair Road Train Member

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    Aug 8, 2015
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    Same here, my Dad made almost $1000 a week@ 33 cpm. In 1980. House cost him $37 k, new car less than $10k. 20 yrs later when he retired, his pay was .32cpm. Meanwhile everything doubled in cost.
     
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  10. dieselpowered

    dieselpowered Medium Load Member

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    May 16, 2016
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    Gold can be taken again to say it can't from a stroke of a pen wasn't till the mid-70s that you could own gold bullion.
    I purchase a mix of stuff from land to different commodities and sell best part of owning land is knowing how to make land develop and resell for higher prices and if it's in a good area you can make a good profit.

    Am not saying the land cannot be seized because gov has done this also in the past. put all your money in one area and if you take a lose on that note you will have nothing to fall back to break even.
     
  11. reefertank

    reefertank Light Load Member

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    If we actually enter into a depression, property prices should plummet. Housing prices are insanely overpriced imo. My crappy brick home I bought in 2014 for $119,000, and sold for $129,000 a year later is now worth $249,000 and the new owners didn't do anything to that house. Its probably in worse shape. And I believe I overpaid for that house... probably by $30-50,000.

    I'm aware of the corrupt, dictatorial, socialistic history on the Gold topic and how our government screwed its citizens and ultimately lost 50% of the U.S. gold reserve to foreign nations taking advantage of $35 / ounce gold.

    I'm hoping to buy a couple of properties within several years. I truly believe prices will drop at least by half, even with inflation/hyper-inflation. But yes, don't put all your eggs in one basket.
     
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