$100,000.

aquitted · Dec 30, 2013

If it was handed to you right now what would you do with it? Would you quit working for that fleet owner and buy youir own truck? or pay off your truck. would you pay off debts? or buy a 2nd truck? Maybe you would get out of trucking all together if so what would you get into a gym maybe? I don't know why but this just crossd my mind I personally would sit on it until I could find something other than trucking to make a living and be home more. saw a convienence store/gas station for sale for $55,000. kinda made me think but im not Indian so it probably wouldn't work. just wanted to see what you guys would do.

layoutshooter · Dec 30, 2013

aquitted said:
If it was handed to you right now what would you do with it? Would you quit working for that fleet owner and buy youir own truck? or pay off your truck. would you pay off debts? or buy a 2nd truck? Maybe you would get out of trucking all together if so what would you get into a gym maybe? I don't know why but this just crossd my mind I personally would sit on it until I could find something other than trucking to make a living and be home more. saw a convienence store/gas station for sale for $55,000. kinda made me think but im not Indian so it probably wouldn't work. just wanted to see what you guys would do.

Take a deep breath and wonder what I was going to do with the $18 I had left after taxes.

zorry · Dec 30, 2013

My brother's Mother-in-Law hit close to $345,000 on a boat. Somehow the tribe got a large chunk. The IRS theirs.
Of course a few relatives put their hands out.
She got to gambling pretty heavy and within 5 years she sold her house very cheaply to avoid foreclosure on her TWENTY-SIX THOUSAND DOLLAR mortgage !
Anybody that had any influence on her should be ashamed.

$100,000 ?
1) Paydown debt
2) invest in vacant land if you find a good opportunity.

davekc · Dec 30, 2013

$100,000??? Hang on to it as that will be the deductible under Obamacare in a few years.

Mailer · Dec 30, 2013

Had to check EO' can't resist this one, lol.
I used this table and play with diffrent numbers. I like what I see

Compound Interest Calculator | Investor.gov

davekc · Dec 30, 2013

Mailer said:
Had to check EO' can't resist this one, lol.
I used this table and play with diffrent numbers. I like what I see

Compound Interest Calculator | Investor.gov

So does Obama. Be careful what you wish for.

layoutshooter · Dec 30, 2013

Put this in

100,000 before taxes

MAYBE 70 after

- 2500 per year for additional Obama Care premiums. - ANOTHER 10% for Obama Care taxes.

NO more per month to cover the taxes

+ 1.5% interest, before taxes

Then the inflation they are not counting.

xiggi · Dec 30, 2013

I would most likely be back working on the internet like I did prior to driving. Of course trying to avoid what brought that ride to an end.

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Mailer · Dec 30, 2013

davekc said:
So does Obama. Be careful what you wish for.

Agree, lol. But it's so minute compared to What Mark Zuckerberg has to pay

ntimevan · Dec 30, 2013

Move to SD and enjoy the tax free life....

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KickStarter6 · Dec 30, 2013

I'd go back to college and finish my degree. I'd switch majors tho and focus on business and possible get a MBA. Then with the little that is left over probably buy a Xbox one and a new flat screen

hossfly2 · Dec 31, 2013

You can spend 100,000 very quickley,no changes here ,not enough to cause much of a
deferance

pearlpro · Dec 31, 2013

Id pay off any debt and Invest the rest....take a small vacation.....and get back to it....

Ragman · Dec 31, 2013

hossfly2 said:
You can spend 100,000 very quickley,no changes here ,not enough to cause much of a
deferance

Same here. No changes.

Dynamite 1 · Dec 31, 2013

the same here also. take whats left put it into my retirement accounts. continue to work for the next few years just like we have planned.

xiggi · Dec 31, 2013

hossfly2 said:
You can spend 100,000 very quickley,no changes here ,not enough to cause much of a
deferance

A business partner and I started our first venture for $165.00 dollars each. The results of that supported two families for almost ten years. Bad future planning ended it when the economy nose dived.

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EASYTRADER · Dec 31, 2013

100k used to be alot of money.

aquitted · Dec 31, 2013

ntimevan said:
Move to SD and enjoy the tax free life....

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If I were going to move somewhere to have a tax free life it would be Grand Caymen much warmer there white sands and blue water all around.and Iguana's all over the place like squirrells