The raw data suggests that this question is actually pretty reasonable. You’ll see that earnings between the average person with a degree and the average young trucker are very close to one another. Adjusting for opportunity costs as well as the cost to finance an education, trucking might get an edge – this is just my interpretation, anyway.
Onto the topic of prenuptial agreements, Kevin at Thousandaire has a hilarious new video discussing why you should always get a pre-nup before you wed. This is a tough topic for some – but the humor of the video really takes the edge off.
I dig it.
I meant to include this in past round-ups after posting about why I was bullish on the American auto sector. I bought Ford call options, which have provided one hell of a rollercoaster ride over the past few weeks.
In less than a week, I was up something like 50%. In less than two weeks, I had nearly doubled my money. After three or four weeks, I was back to even. Options are volatile – obviously – but this volatility is a good thing! I said in the post that I didn’t want the equity itself, and that Ford calls provided downside protection (they most certainly have done that.) Europe man…stuff’s crazy over there.
Anyway, I’m a little ahead of the game on my calls. They’ve run to $2.40, which is a ~20-25% gain. I said in the post I’d exit for an easy double if the markets gave it to me quickly – almost, but not close enough! Or hold on for a triple if it took more time.
Looks like I’m in for the triple, so we’ve gotta run to a little under $16 or so by January 19, 2013. Obviously, if serious momentum builds in the next few months or weeks (as I expect from a possible dividend announcement next quarter) I can exit after tripling my money well before January 2013. (Option time decay be damned!)
Photo by: psiaki