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Buying a Fedex Ground Route
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<blockquote data-quote="FedGT" data-source="post: 2011870" data-attributes="member: 58838"><p>There is a lot of good information here. I do applaud Bacha we have had our runs ins but you have been extremely informative. Mrfred and bounty are the same as always, differing opinion is wrong in there eyes.</p><p>Speaking from my side and opinion, model is not going anywhere, in my case the growth has been unbelievable in the last 3 years roughly 45% (this is not the norm but 10-20% annual is possible in the right areas). There are days that you will be irritated but for the most part we like what we do as multi owners. </p><p>I'm not sure why the stock price has been brought up in multiple different posts here recently. The market is being blown up which is very much due so everything is down substantially but I don't see that as a negative at all. I bought these routes because I firmly believe another recession is coming. Ground kept Fedex running since 2007 and will again in another recession. Labor market would get terrible again so contractor margins go up even if there is a small decline in volume. Everyone wants a secure job in a recession even if it is a "terrible job" in some people's words. </p><p>This is not for everyone. There are huge aggrivations but it is a fairly safe investment with good growth possibilities in the right area.</p></blockquote><p></p>
[QUOTE="FedGT, post: 2011870, member: 58838"] There is a lot of good information here. I do applaud Bacha we have had our runs ins but you have been extremely informative. Mrfred and bounty are the same as always, differing opinion is wrong in there eyes. Speaking from my side and opinion, model is not going anywhere, in my case the growth has been unbelievable in the last 3 years roughly 45% (this is not the norm but 10-20% annual is possible in the right areas). There are days that you will be irritated but for the most part we like what we do as multi owners. I'm not sure why the stock price has been brought up in multiple different posts here recently. The market is being blown up which is very much due so everything is down substantially but I don't see that as a negative at all. I bought these routes because I firmly believe another recession is coming. Ground kept Fedex running since 2007 and will again in another recession. Labor market would get terrible again so contractor margins go up even if there is a small decline in volume. Everyone wants a secure job in a recession even if it is a "terrible job" in some people's words. This is not for everyone. There are huge aggrivations but it is a fairly safe investment with good growth possibilities in the right area. [/QUOTE]
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