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<blockquote data-quote="ElkStalkR" data-source="post: 2770802" data-attributes="member: 2292"><p>8%? Not in today's market. Look at the 2014 report :</p><p><a href="http://www.wildlifedepartment.com/aboutodwc/ar2014.pdf" target="_blank">http://www.wildlifedepartment.com/aboutodwc/ar2014.pdf</a></p><p></p><p>They only made a little over 2 million on interest for a measly 2.8% interest rate. Last number I saw was 87 million in a 2012 report in the funds principal. Granted interest rates suck right now but still! Even at 8% they would only make 7 million. Annual license sales exceeded 18 million and that's without 50% of the hunters purchasing license because they have lifetimes! (According to the report). I'm not sure you could double that 18 million number but certainly you could guarantee a better monetary return year after year over relying on a fluctuating interest rate that at its best MIGHT equal what you could make over simply selling everyone annual licenses. </p><p></p><p>Look I'm glad they have them. I'm just shocked they still do!</p></blockquote><p></p>
[QUOTE="ElkStalkR, post: 2770802, member: 2292"] 8%? Not in today's market. Look at the 2014 report : [url]http://www.wildlifedepartment.com/aboutodwc/ar2014.pdf[/url] They only made a little over 2 million on interest for a measly 2.8% interest rate. Last number I saw was 87 million in a 2012 report in the funds principal. Granted interest rates suck right now but still! Even at 8% they would only make 7 million. Annual license sales exceeded 18 million and that's without 50% of the hunters purchasing license because they have lifetimes! (According to the report). I'm not sure you could double that 18 million number but certainly you could guarantee a better monetary return year after year over relying on a fluctuating interest rate that at its best MIGHT equal what you could make over simply selling everyone annual licenses. Look I'm glad they have them. I'm just shocked they still do! [/QUOTE]
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