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-   -   NEWBIE WITH INHERITANCE (https://www.classadrivers.com/forum/owner-operators-forums/24423-newbie-inheritance.html)

mmonsalveg 01-31-2007 06:49 PM

NEWBIE WITH INHERITANCE
 
Hi.. Im in USA .. these days I recived a inheritance so i want to investing in some trucks... but im very new in this bussines ... i want to begin with one truck (w900) to see .. but i want to hear from you how much i can earn in a month or a year... paying the driver and repairs, insurrance.. all that things.... i will appreciate all your comments... Thank You ...

BanditsCousin 01-31-2007 08:24 PM

You can lose money, or make money, there is NO guarantee you'll make money.

If you got an inheritance and want to start a business, invest in a Quizno's franchise or something, especially if you know NOTHING about trucking AND US regulations in general.

My .02

Snowman7 01-31-2007 10:09 PM

They say the secret to leaving trucking with a million dollars in your pocket is to start with two million! :D

Snowman7 01-31-2007 10:13 PM

Quote:

Originally Posted by BanditsCousin
You can lose money, or make money, there is NO guarantee you'll make money.

If you got an inheritance and want to start a business, invest in a Quizno's franchise or something, especially if you know NOTHING about trucking AND US regulations in general.

My .02

My neighbor lost his azz on a Quiznos. Franchise fees suck. Invest in what you know and if you dont know anything buy real estate or mutual funds and get a real job. Lot less stressful, especially the comfort of knowing you dont really need your job. :D

Kranky 01-31-2007 10:28 PM

Quote:

Originally Posted by Snowman7
They say the secret to leaving trucking with a million dollars in your pocket is to start with two million! :D

You took the words right out of my mouth!

Very true.

roadranger 01-31-2007 10:30 PM

Geez guys - I think we should be more supportive here ... so when these "any idiot can make millions in trucking" guys go under we can buy their equipment cheap at the bankruptcy auctions :lol: .

Kranky 01-31-2007 10:32 PM

Quote:

Originally Posted by roadranger
Geez guys - I think we should be more supportive here ... so when these "any idiot can make millions in trucking" guys go under we can buy their equipment cheap at the bankruptcy auctions :lol: .

What would be the point?

So we could go bankrupt too? :?:

roadranger 01-31-2007 10:37 PM

Quote:

Originally Posted by Splitshifter
What would be the point? So we could go bankrupt too? :?:

Well, if we got it for fifty cents on the dollar it would take us twice as long to go broke as they did I think :shock: ?

Dejanh 01-31-2007 10:38 PM

REAL ESTATE is what am putting my money to whenever i get to a certan point of my liking. Real estate is something that takes care of your investments better than a bank itself and you can never go wrong with it, it will allways be there no matter how hard times get. I purchased apartment over seas recently after a'lot of debating and now am really happy that i did so since the place where i bought it at will be part of European Union in about a year or two where its value will double five times over compared to what i bought it for. Real Estate is the way to go!!!

Kranky 01-31-2007 10:48 PM

Quote:

Originally Posted by Dejanh
REAL ESTATE is what am putting my money to whenever i get to a certan point of my liking. Real estate is something that takes care of your investments better than a bank itself and you can never go wrong with it, it will allways be there no matter how hard times get. I purchased apartment over seas recently after a'lot of debating and now am really happy that i did so since the place where i bought it at will be part of European Union in about a year or two where its value will double five times over compared to what i bought it for. Real Estate is the way to go!!!

Amen.


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