nightcreacher
Veteran Expediter
Your money tree,have you found lately when you pick the leaves,it now dies?
About to take the plung
- Thread starter bbirdxx2000
- Start date
I haven't ever 'picked' the money off.. it has just fallen off.. but now, it is looking pretty bare, and kinda droopy too, and has big long stems with practically no more money, appearing to be searching for better days.. it actually surprised me that it lived as long as it has.. but you know.. I'll bet if it were growing vans instead of money, it would just be too heavy for the poor skinny stalks to bear.
EagleRiverWI
Seasoned Expediter
If you live in Washington DC, a money tree does really well.
Yes "van paid for in cash!" It's a novel concept. You buy a used van for a good price and run it into the ground, and generally by the time the van takes a crap on you, you have enough money to find another one at an even better bargain. Buying a new cargon "with depreciation" and the uncertainty of the way the expediting business is (is simply retarded). I just bought a van for 3 grand and plan on using it for at least 5 years. So, why do you have to jump down my throat because i've figured out a tactic that works for me?
Yes "van paid for in cash!" It's a novel concept. You buy a used van for a good price and run it into the ground, and generally by the time the van takes a crap on you, you have enough money saved up in the bank to buy another one at a good price. Buying a new cargon "with depreciation" and the uncertainty of the way the expediting business is (is simply retarded). I just bought a van for 3 grand and plan on using it for at least 5 years. So, why do you have to jump down my throat because i've figured out a tactic that works for me?
O.K., O.K. I heard you the first time. The point is, there's a cost there to be considered. 5 years on a van you got for 3k? With repairs, down time due to repairs, and putting money away for the next paid for van, are you sure you'll be ahead of the game as opposed to new?
Sorry for the double post and bad spelling guys...the wind chill in Califoria has begun to freeze my already failing brain. What I am trying to say, star, is that a guy who buys a van for cash can weather the strom a bit longer than a guy who has higher fixed operating expenses. If I have a bad month or two...a month in which I barely turn a profit...i'm not going to be in danger of losing my behind. Whereas a guy who has a 500 dollar amonth van payment on top of insurance, maintenance, and qc expenses might not be ale to justify staying in the business when the going gets rough. I am not looking forward to having my behind replaced by a Beverly Hills plastic surgeon any time soon!
Also Contrary to what you guys have said about a cheap van breaking down all of the time; I can prove you wrong time and time again. I have a friend who works for panther...he bought an old dodge van from his fleet owner for 2000 dollars and has been running it for 3 years now. He has only broken down once bacause the water pump went out and the van has near 700 thousand miles on the odometer. You can get a lot of life out of an engine if you know how to maintain it properly. Well, any how that is all I was trying to say in my original post.
Also Contrary to what you guys have said about a cheap van breaking down all of the time; I can prove you wrong time and time again. I have a friend who works for panther...he bought an old dodge van from his fleet owner for 2000 dollars and has been running it for 3 years now. He has only broken down once bacause the water pump went out and the van has near 700 thousand miles on the odometer. You can get a lot of life out of an engine if you know how to maintain it properly. Well, any how that is all I was trying to say in my original post.
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I'm with you there dodgeboy! I purchased a class 8 a couple years ago for 3K, an it's still running fine. No failures. No down time I didn't want. No nuth'in but revenue for a couple years now, and counting. Fix'in it - sure! But systematic _ sure! Nothing magic about it. All those that are mechanically, realisticly, challenged can spend their funds as they see fit. If they bust your chops about your mode of operation, then just laff at them when you are on the way to the bank and pass them on the side of the road with their sensor laced 150K broke down machine. The stress of being idled i'd tink is much less if you don't have to worry bout a 2800C payment PLUS a 4K repair bill.
aileron
Expert Expediter
Dodgeboy,
Living debt free is very rare here in the US. You can see it from the responses you got here. I am the same way. My only bill outside of the qualcomm and insurence is my cellphone. No credit card payment, no truck payment, no mortgage, nothing.
Unfortunately, I wasn't so wise as I am now when I got into this business. I bought me a new truck, and thankfully the work was great back then, and no other payments. Paid it off in 3 years instead of 6. So, work has been very slow for me for 2 months now. Some weeks I only made $200. I talked to other drivers last week and they were surprized how I can survive like this. It is very simple: no bills. When I make money, I save them for those times when I need to fix my truck, which hasn't happened yet, when I don't make money, who cares, just stay home, watch tv, or fly my model airplanes.
So dodgeboy, keep on doing what you are doing, and you will have a lot more chances of riding out the storm than someone who is up to his eyeballs in debt.
Living debt free is very rare here in the US. You can see it from the responses you got here. I am the same way. My only bill outside of the qualcomm and insurence is my cellphone. No credit card payment, no truck payment, no mortgage, nothing.
Unfortunately, I wasn't so wise as I am now when I got into this business. I bought me a new truck, and thankfully the work was great back then, and no other payments. Paid it off in 3 years instead of 6. So, work has been very slow for me for 2 months now. Some weeks I only made $200. I talked to other drivers last week and they were surprized how I can survive like this. It is very simple: no bills. When I make money, I save them for those times when I need to fix my truck, which hasn't happened yet, when I don't make money, who cares, just stay home, watch tv, or fly my model airplanes.
So dodgeboy, keep on doing what you are doing, and you will have a lot more chances of riding out the storm than someone who is up to his eyeballs in debt.
