https://www.waynemaine.org/vertical/sites/%7B6E6F3657-7C9A-459F-B24F-3A3F12071EF8%7D/uploads/Annual_Report_Wayne_Maine(2).pdf
Wayne Maine has $224,000 in their fire truck fund if they put that money in an index stock fund they would get nearly $25,000 in interest each year if they bought a new $500,000 fire truck it would cost them $25,000 per year over 20 years so they have enough money right now to buy a new $500,000 truck - right? or is it illegal for them to put their money in an index fund? maybe they could pool their fire trucks with other towns fire truck funds? -- You received this message because you are subscribed to the Google Groups "massfire" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/massfire/CAFXWwKbuAuB0kQMQCuDOywjhPonKNH8S28NqyRCHBO_-t6X0AQ%40mail.gmail.com.
