Danged if I do?

Sure, why not?

I'm going to buy me one of those MRI machines and charge people $200 a pop for a ride in it. I have no idea about the medical industry and can't read the results of the machine, but it sure sounds fun.

 

The good advice is to read every thread in this subforum that has 20 or more pages and wait and think for about 4 months before you pull the trigger on anything.

The complicating factor is that you make a #### good hourly rate. One that many an O/O would be jealous of, no matter what unpleasantries you face daily.

The bad advice is essentially 'get bent, you don't know your ### from a hole in the ground.' This is often followed by well intentioned garbage. Of course, if you really don't know your ### from a hole in the ground, keep your day job. But, if you're bothering to seek advice here... if nothing else, you probably have a leg up on most other startups.

Heh, like I said in my third paragraph, see the above post for an example of the bad advice. See the next post for an example of some of the #### good advice that comes around once in awhile.

 

Define "came into some money." Not with specific amount, but are you talking a few extra K, or several years of net income, or enough to retire on? The rest of your financial picture is also relevant here. For example, do you have existing high interest debt that could be paid off instead? In that case,for example, the high rate debt could be costing more than you would make in return on a truck. So many variables that it is difficult to answer that in a setting such as this. It might be a good idea to visit a truly qualified financial advisor (who isn't selling something preferably.)

 

Why not buy 2 and make twice the money duh.

 

Mmmm.....yeah........My Dad always said free advice was worth what you give for it so here goes. Don't buy a truck. Pay off everything you can and get out from under as much interest as you can and later on look for another opportunity. I don't blame you for wanting to get away from your current job, but finances are pretty tough right now, and from all the posts I have been reading making a buck is a struggle any more. You are making the bucks, you just don't care for how you are doing it. Anyway, free advice being what it is that is mine.

 

Might be best to just set it aside as an emergency fund to cover unexpected family needs or pay down on other debt. Whatever you do, don't just waste it; that is a difficult temptation to resist when we acquire an unexpected large pile of cash. It's easy to find many "emergencies"...especially around Christmas! Or hunting season...or vacation season...etc! You get the drift!

 

Amen on that one! When my parents died they left me quite a bit of money. I had a thousand ideas on ways to spend it, but instead I bought a new house, my wife a new car, and fixed up our old house to use as income as rental property. Best thing I could have done. Got out from under all the interest I had been paying and now no matter what they can't take my house.