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[pct-l] use of that much money
- Subject: [pct-l] use of that much money
- From: mr_potatohead2005 at yahoo.com (Greg Hammond)
- Date: Sun Dec 12 16:52:17 2004
considering interest rates are around 1%, you would need around $10 million, depending on hike time, in the bank in order to pay for a thru hike while hiking it. a few situations arise. first, if you have $10 million, you're probably not going to be an avid thru-hiker, you won't have enough time between your yacht and investment managing. second, if you were an avid thru-hiker, you wouldn't sit on that much money, you'd use it for some purpose, such as buying land from logging companies. third, one of us having $10 million isn't gonna happen.
greg
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