Posted by Texasmark1 on April 12, 2015 at 14:04:43 from (162.72.24.91):
In Reply to: spending big $$$ posted by Hoofer B on April 12, 2015 at 05:48:13:
You are talking to the general "farmer" public here. Some are doves and some hawks. Some edge dwellers and some are couch potatoes.
Your life, your decision. You are a little over 20 years to retirement. You need to give that a real serious consideration with respect to what income you will need and how you are going to obtain it. Now is the time to prepare.
A nice trucking operation with a reliable manager could be the trick. I think rails are mostly a thing of the past and trucking is where the movement of goods gets done. Sounds like you are a hands on, get-r-done kind of guy and can make it work. I tasted the business and know if run right it can be a winner, especially in today's world. With your own operation and a good manager that you trained as you saw fit, you can come and go, semi-retired if you will, and let him run the show, his calling the shots, and you can work as late in life as you choose. One bit of "butting in" if you will: Once you get him trained the way you want him, stay out of the business end of it. If you butt in every time he makes a decision that you don't like or have a disagreement, he won't be worth a hoot to you, himself, or your employees. You can't have 2 "CEO's". The buck stops in one place.
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