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#31
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Good point. and the aerial applicators as well.
Jim "John Clear" wrote in message ... In article .com, M wrote: On May 31, 8:29 pm, Jay Honeck wrote: I wonder if those sales figures from the 1980s included military aircraft? There used to be lots of military hardware burning avgas -- not any more... I don't think the Military had active duty piston engine aircrafts in the 1980s. It was all GA. One thing to consider is old frieght dogs changing from piston powered beasts to turbine monsters. A Twin Beech or DC-3 burns quite a bit of fuel. One stat I've seen, but can't source right now, is that $bignum percent of piston engines could run on a 95UL fuel (basically a super premium blend of mogas), but the majority of avgas burnt goes into the $smallnum percent of engines that can't burn 95UL and need 100 octane. I wonder if that stat is still true, with there being a lot less big piston aircraft out there now. John -- John Clear - http://www.clear-prop.org/ |
#32
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Additionally, a million dollars really isn't significant these days.
??? While it's not what it once was, a million bucks is enough to live on quite comfortably for decades. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#33
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I don't think many military airplanes have used avgas since 2000, and
the drop since this is still very dramatic. I won't say GA is dead, but it certainly is very sick. I'm looking at BMW motorcycles this weekend, having decided I simply can't afford an airplane of the capability I really need to be useful (Skylane or better) and the inconvenience of he nearest airport with hangars being 45 minutes away. If I buy a new bike, I'll probably drop my flying club membership and ride. Don't get me wrong -- riding is great. (Just got my Goldwing out of winter storage last weekend.) But it ain't flying... Nothing is. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#34
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Jay Honeck writes:
While it's not what it once was, a million bucks is enough to live on quite comfortably for decades. Decades? I think not. Not when a nice house alone costs more than a million dollars, and a mediocre house costs half a million. |
#35
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Nomen Nescio writes:
A million in a tax free 5% Muni generates well over 5 times your annual income. A million after taxes might, but you need a lot more than a million to have a million left after taxes. |
#36
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Mxsmanic wrote in
: Jay Honeck writes: While it's not what it once was, a million bucks is enough to live on quite comfortably for decades. Decades? I think not. Not when a nice house alone costs more than a million dollars, and a mediocre house costs half a million. Fortunatley for you Dumpsters are cheap and plentiful Berti e |
#37
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Mxsmanic wrote:
Jay Honeck writes: While it's not what it once was, a million bucks is enough to live on quite comfortably for decades. Decades? I think not. Not when a nice house alone costs more than a million dollars, and a mediocre house costs half a million. Adults can get credit. $1M house ~ $3K/month $1M/($3K*12) ~ 28 years Adults can get interest. $1M @ 5.75% annual yield = $57,500/year House payment = $36,000/year Net annual income $57.5K - $36K = $21.5K Adults pay taxes. The house payment is almost totally deductible, so the taxable annual income is $21.5K, which is a negligable tax rate. After 28 years, amount on hand (neglecting other expenses $1M + 28 ($21.5K) ~ $1.6M. Or you could spend ~$50K/year (in addition to the house payment) and wind up with about $0 after 28 years. You'll understand all this when you grow up. -- Jim Pennino Remove .spam.sux to reply. |
#38
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Mxsmanic wrote:
Additionally, a million dollars really isn't significant these days. While true it really is funny to se it written by someone who at their current rate will not earn that much in 200 years. |
#39
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![]() "Jay Honeck" wrote in message ups.com... I don't think many military airplanes have used avgas since 2000, and the drop since this is still very dramatic. I won't say GA is dead, but it certainly is very sick. I'm looking at BMW motorcycles this weekend, having decided I simply can't afford an airplane of the capability I really need to be useful (Skylane or better) and the inconvenience of he nearest airport with hangars being 45 minutes away. If I buy a new bike, I'll probably drop my flying club membership and ride. Don't get me wrong -- riding is great. (Just got my Goldwing out of winter storage last weekend.) But it ain't flying... Nothing is. 1) Buy a hotel or two far away from where you are, but in places you like to visit. 2) Fly to them to "cehck on our properties". 3) Write off the vast majority of your flying costs. |
#40
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Jay Honeck wrote:
I don't think many military airplanes have used avgas since 2000, and the drop since this is still very dramatic. I won't say GA is dead, but it certainly is very sick. I'm looking at BMW motorcycles this weekend, having decided I simply can't afford an airplane of the capability I really need to be useful (Skylane or better) and the inconvenience of he nearest airport with hangars being 45 minutes away. If I buy a new bike, I'll probably drop my flying club membership and ride. Don't get me wrong -- riding is great. (Just got my Goldwing out of winter storage last weekend.) But it ain't flying... Nothing is. Nothing but flying is flying, but nothing but riding is riding. I don't value one more than the other. They are different experiences, but neither is better or worse than the other. Some people have broader interests that you. You need to understand that. Matt |
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