[HPforGrownups] FWIW: Potter's Cash
puduhepa98 at aol.com
puduhepa98 at aol.com
Sun Nov 26 03:05:39 UTC 2006
No: HPFGUIDX 161971
>bboyminn
<snip>
>So, despite having millions of dollar in the bank, and
given his life expectancy, he has just barely enough
money to get by. So, in that sense, no, he is not rich.
>However, at an interest rate of a mere 6% per year,
US$4,758,912 would return US$285,537 per year. That would
certainly help and would prevent the deterioration of the
principle amount of capital. I think Harry could live
quite comfortable off of $285,000 per year. Especially
since he already has a substantial house of his own;
that's one less expense to drain his resources.
<snip>
Nikkalmati
Anyone who has enough money to live off the interest without working IMHO is
rich.
I agree the Malfoys are way above Harry in wealth, but one is rich the other
is richer.
I think JKR said in an interview that James didn't have to work for a
living, so I assume Harry doesn't either; and, as you pointed out, he now has a
house (presumably free and clear).
Nikkalmati (who wishes she had a house without a mortgage and didn't need to
work)
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