Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
Hobbies & Interests
Hunting & Fishing
Wildlife Dept. is gouging us now
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="RidgeHunter" data-source="post: 1049083" data-attributes="member: 4319"><p>My lifetime paid for itself in 4.5 years.</p><p> </p><p>I am in my 20's. If not for my lifetime, I would purchase a minimum of $172 a year in tags/licenses a year. Assuming I hunt for another 40 years (hopefully more), that is $6880 at the current tag prices, and that is not even accounting for inflation. </p><p></p><p>I have a buddy who bough his back when they cost 3 something, it pays for itself every 2 years now. There is your inflation factor at work.</p><p></p><p>The only 2 ways to possibly rationalize it being a bad investment is if you somehow added the cost of the lifetime into a super high yield investment that did really well, you stuck it in a slot machine or bought lottery tickets and got lucky, or if you die early and are no longer able to use it.</p><p></p><p>If you spend $775 on a lifetime today, assuming you buy $172 in tags and licenses (and I'm not even a turkey hunter....), 775/172 = 4.505. Four and one half years. In theory, you paid in advance for 4 1/2 years. After that time period, it begins paying you $172 a year. </p><p>Take into account inflation over 20-40 years, how much do you think a tag will cost? Lets just got with 1.5 times as a conservative guess. 20 years at the current prices would be $3440, and 20 years at 1.5*172 is $5160. As that to the previous years, that is $8660 on the conservative side, more likely the total would be much higher.</p><p></p><p>If I could pay in advance for my cable for 4.50 years, then receive it free the rest of my life regardless of inflation, I would consider it.</p><p></p><p>Besides, if one is THAT well invested and earnin' interest before dinner on pocket change from buying lunch, $775 should be butt-wipin' money to that person.<img src="/images/smilies/headscratch.gif" class="smilie" loading="lazy" alt=":scratch:" title="Headscratch :scratch:" data-shortname=":scratch:" /></p></blockquote><p></p>
[QUOTE="RidgeHunter, post: 1049083, member: 4319"] My lifetime paid for itself in 4.5 years. I am in my 20's. If not for my lifetime, I would purchase a minimum of $172 a year in tags/licenses a year. Assuming I hunt for another 40 years (hopefully more), that is $6880 at the current tag prices, and that is not even accounting for inflation. I have a buddy who bough his back when they cost 3 something, it pays for itself every 2 years now. There is your inflation factor at work. The only 2 ways to possibly rationalize it being a bad investment is if you somehow added the cost of the lifetime into a super high yield investment that did really well, you stuck it in a slot machine or bought lottery tickets and got lucky, or if you die early and are no longer able to use it. If you spend $775 on a lifetime today, assuming you buy $172 in tags and licenses (and I'm not even a turkey hunter....), 775/172 = 4.505. Four and one half years. In theory, you paid in advance for 4 1/2 years. After that time period, it begins paying you $172 a year. Take into account inflation over 20-40 years, how much do you think a tag will cost? Lets just got with 1.5 times as a conservative guess. 20 years at the current prices would be $3440, and 20 years at 1.5*172 is $5160. As that to the previous years, that is $8660 on the conservative side, more likely the total would be much higher. If I could pay in advance for my cable for 4.50 years, then receive it free the rest of my life regardless of inflation, I would consider it. Besides, if one is THAT well invested and earnin' interest before dinner on pocket change from buying lunch, $775 should be butt-wipin' money to that person.:scratch: [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
Hobbies & Interests
Hunting & Fishing
Wildlife Dept. is gouging us now
Search titles only
By:
Top
Bottom