[pct-l] use of that much money

[weir at turbonet.com (Tom)]

You don't have to have $10 million.  Try giving $10 to The Nature
Conservancy.  Let them buy the threatened lands.  That's their charter.

Tom

http://nature.org/



-----Original Message-----
From:	pct-l-bounces@mailman.backcountry.net
[mailto:pct-l-bounces@mailman.backcountry.net] On Behalf Of Jeff Moorehead
Sent:	Sunday, December 12, 2004 3:58 PM
To:	Greg Hammond; pct-l@mailman.backcountry.net
Subject:	Re: [pct-l] use of that much money


OK that's it-- I'm going to start responding to all those 'you can be a
millionair in 10 months' spam mails for the sole purpose of buying land from
logging companies to prove that one of us could do it. Damn good idea... :)




> 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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