J.C., $8000 invested, earning a measly 10% interest annualy would be approx. $54,000 at 20yrs or $140,000 at 30 years. A more probable earning would be 12% percent which would come out to $77,000 and $239,000. If you really invested well, and earned 18%,(not unheard of) you would pocket $220,000 to well over a million.
That would pay for a lot of natural gas.
I look forward to the day when we drill for and utilize the oil we have here. Improve the technology for cleaner burning. Build some nuclear power plants (or restart the ones we've shut down) and let capitalism work with just enough government intervention to keep it honest and safe.
Last edited by SlimTim; 05-05-2008 at 11:42 PM.
"Man will do many things to get himself loved, he will do all things to get himself envied." Mark Twain