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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (7430)8/20/2001 2:21:58 AM
From: Maurice Winn  Read Replies (1) of 74559
 
<I think it would take several lifetimes before I spent the $1K that Mq's dishwasher costs>

Three minutes a day x 365 days a year saved = 1100 minutes a year = 18 hours x $20 an hour [what you are worth] = $360 a year. Then, add soap, water, electricity, environmental and other savings. Not to mention I bet it takes you more than 3 minutes a day to keep your dishes and bench clean. You'll pay it back in the first year! Not to mention it's nice to have it available when you really don't want to do dishes but there they are!!! Or you don't have time.

Capital of $1k with a depreciation of 10 years and no maintenance costs and return on investment of 10% [beats bank rates] means your best investment right now is a DishDrawer. Not shares! Not US$.

Are lawyers really only worth $20 an hour in the USA? Opportunity cost matters too...

Mqurice
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