Stocks And Trucking: Have You Guys Ever Researched Or Purchased Sticks Based On Hauling More Of A Certain Type Of Product Recently?

Hello! My name is Michael, after breaking my back working delivering for Amazon and enjoying the actual driving part, I'm looking to make a change and in contact with Swift down in Richmond and studying for my CDL learner's permit. The focus is squarely on getting this done, but as someone who loves and is fascinated by the stock market, I wanted to give you guys this very odd, and likely out of left-field question.

Like the title said, just wondering if this is something any of you have done, based on your own hauling history or just taking to others around you. Thinking that if you are getting more of a certain type of product or from certain companies over a long or short-term, there could be any connection with noticing a company was doing a better job making sales, and maybe some actionable insight if you are into stocks, on buying or research something to possibly buy based on that insight.

Don't know if that makes any sense at all. If it does, let me know if you have or have not done this. Hell, if you want to talk about trends you are seeing, I wouldn't be opposed either!

Thanks for keeping America moving, y'all!

I've never actually looked closely but I'd figure there's a lagtime on the freight we haul and economic/manufacturing trends that would have led one to want to invest in a given company. Not impossible, maybe, but also not sure how you'd be able to stay on top of the timing necessary to actually take advantage of it.

Mike, I think your ideas gets too far into leading indicators. OTR trucking does carry many kinds of freight. And individual drivers have the viewpoint of a fly with a billiard ball. They know what they are carrying, but absolutely no view of the table and the game.

The intelligence isn't worth the effort, nor would it make a valid prediction.

Michael,

As someone who worked in banking (not an expert, do not have a broker license even), I can tell you from my limited experience that stocks tend to be mainly speculative - meaning there is alot of subjective that goes into determining the perceived value of a company. It is really hard to answer your question up front. Tech stocks for example tend to perform based on a variety of things - how long the company has been around, what type of products they offer, are any of their products "hot" or revolutionary , etc.

I admit I have no idea what the bar for stock value would be for a trucking company - I could only speculate that it would be length of time in business, the type of freight hauled and perhaps their safety/performance record. The older more established companies - Schneider, SWIFT, for example are probably doing better from a stock perspective than newer companies because they have been around alot longer and are more established, have better and proven safety track records etc.

Lastly, as a general rule for anything - I would not put too much thought or value on stocks. Historically, stocks have always been overinflated (sometimes less so , sometimes more so) and are not a true indicator of a company's success, net worth or value. Alot of companies these days are over leveraged to the hilt in debt spending and the house of cards could come crashing down.

SWIFT is a good safe bet, both in terms of getting your trucking career going and considering stock purchase

Hello! My name is Michael, after breaking my back working delivering for Amazon and enjoying the actual driving part, I'm looking to make a change and in contact with Swift down in Richmond and studying for my CDL learner's permit. The focus is squarely on getting this done, but as someone who loves and is fascinated by the stock market, I wanted to give you guys this very odd, and likely out of left-field question.

Like the title said, just wondering if this is something any of you have done, based on your own hauling history or just taking to others around you. Thinking that if you are getting more of a certain type of product or from certain companies over a long or short-term, there could be any connection with noticing a company was doing a better job making sales, and maybe some actionable insight if you are into stocks, on buying or research something to possibly buy based on that insight.

Don't know if that makes any sense at all. If it does, let me know if you have or have not done this. Hell, if you want to talk about trends you are seeing, I wouldn't be opposed either!

Thanks for keeping America moving, y'all!

Michael, this should help you, tons!

• Pre-Trip Inspection Study Guide
• Daniel's Pre-Trip Inspection
• Pre-Trip Inspection Checklist
• Pre-Trip Inspection Practice Questions

Hello! My name is Michael, after breaking my back working delivering for Amazon and enjoying the actual driving part, I'm looking to make a change and in contact with Swift down in Richmond and studying for my CDL learner's permit. The focus is squarely on getting this done, but as someone who loves and is fascinated by the stock market, I wanted to give you guys this very odd, and likely out of left-field question.

Like the title said, just wondering if this is something any of you have done, based on your own hauling history or just taking to others around you. Thinking that if you are getting more of a certain type of product or from certain companies over a long or short-term, there could be any connection with noticing a company was doing a better job making sales, and maybe some actionable insight if you are into stocks, on buying or research something to possibly buy based on that insight.

Don't know if that makes any sense at all. If it does, let me know if you have or have not done this. Hell, if you want to talk about trends you are seeing, I wouldn't be opposed either!

Thanks for keeping America moving, y'all!

Here's something that also should help, getting your mind off Amazon & stocks; and lean you more to trucking!

• Truck Driver's Career Guide
• Brett's Book: The Raw Truth About Trucking (free online version)
• High Road CDL Training Program
• CDL Practice Tests

The 2nd line item, ^^^^ above, Brett's book, is a MUST read. (And, our study guides !!!)

And .... if Swift doesn't work out (which I can't see why it wouldn't!) You can apply for MULTIPLE companies, in our 'one and done!'

Apply For Paid CDL Training

Best wishes, Michael H. !

~ Anne ~

ps: Regarding stocks, All we have is Disney; gifted 2 me, as a child. (I grew up in Florida.) Many people SOLD at the onset of Covid, we didn't ... should have bought, but we didn't. I LOVE my Amazon Prime at home, but ... not investing!

I have actually. I was picking up/delivering a bunch of Wayfair loads almost always to nice big new warehouses. I started watching them when the price was around $106 a share. Then in march the bottom of the stock market dropped out. I bought Wayfair at $33 ps, it's currently around the $300 mark. Also scooped up iShares silver trust around $11 then sold at $26. Bed bath and beyond at $4.65 sold at $30, overstock.com at $5 sold at $79. Watched trends back when I worked at the post office also based on what was flowing through. Snapped up some netflix and a few others back in the day.

However, I wouldnt put to much faith in this system. I probably just got lucky...right place at the right time and such.

I have actually. I was picking up/delivering a bunch of Wayfair loads almost always to nice big new warehouses. I started watching them when the price was around $106 a share. Then in march the bottom of the stock market dropped out. I bought Wayfair at $33 ps, it's currently around the $300 mark. Also scooped up iShares silver trust around $11 then sold at $26. Bed bath and beyond at $4.65 sold at $30, overstock.com at $5 sold at $79. Watched trends back when I worked at the post office also based on what was flowing through. Snapped up some netflix and a few others back in the day.

However, I wouldnt put to much faith in this system. I probably just got lucky...right place at the right time and such.

I've ALWAYS wanted to 'play' the market; Tom has a few of 'oldtimer' stocks, also.

He says I'm too 'flippant' to mess with the market, tho. (YA THINK ?!?!?!)

~ a ~

Timing? Sure, I’ve made a few decisions and been successful. But, investing in the way you’re suggesting also requires you to get OUT at the right time also. Hopefully you are parked at the right time to SELL.

Because it’s so hard to beat the market, I tend to stick with mutual funds.

Respectfully, big money and super-savvy investors probably aren’t driving trucks for a living. 😎