X-Message-Number: 22348
From: "mike99" <>
Subject: Re: community  #22329
Date: Wed, 13 Aug 2003 15:48:00 -0600

In Message #22329 "Robin Helweg-Larsen" <> wrote:
...
> Suppose cryonics had begun 200 years ago, and we were now starting to
> reanimate those frozen in 1803.  Those people were neither the super-rich
> nor paupers, but just a mixture of middle-class homeowners and
> renters.  One
> of them, however, managed to leave a substantial investment of $1000 in a
> watertight trust with an after-fees, after-tax net annual return
> of 2%.  On
> stepping out of the tank in 2003, he finds his wealth is now well over
> $50,000!  And not only that, he can buy items with that money that he had
> never dreamed would exist: a car, a computer, a round-the-world trip by
> airplane!
>
> On the other hand, he can go back to school for a couple of years
> and start
> earning that money annually very easily, so long as he is flexible in his
> thinking and choice of activities.  ...

I think going back to school is an excellent idea.

Regarding the creation of a long-term trust, I am not so sanguine. Although
I am not a lawyer, I have heard lawyers discussing the rule against
"perpetuities" which makes me fear that such a trust fund might be
vulnerable to the courts as well as, of course, the uncertainties inherent
in any economy.

So I think I'll just enroll at some kind of university, college or technical
school around 2150 and see if I can upgrade my job skills ;)


Michael LaTorra




Member:
Extropy Institute: www.extropy.org
World Transhumanist Association: www.transhumanism.org
Alcor Life Extension Foundation: www.alcor.org
Society for Technical Communication: www.stc.org

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