[Az-Geocaching] REI experience

AZcachemeister azcachemeister at getnet.com
Fri Jul 7 05:14:37 MST 2006


Yep, you would be getting more than $200! I didn't do the research on 
the price of the new balloon. :-!
As a mater of fact the biggest dividend I ever received was about 
$200...bought a lot of climbing gear that year! :-D

Roping The Wind wrote:
>> From: AZcachemeister <>
>>     
>
>   
>> REI is a Co-operative.
>> As such, the members are the 'owners'.
>> I have been a member since I was 15, which is 37 years of satisfaction.
>>
>> As a part owner, I take exception to being called a 'ripoff'!
>>     
>
> Now, now, now stevey... :)
>
> The ripoff thing was partly a joke... although I do find REI to be much more 
> expensive than other places. I dont think I have ever bought something from 
> REI... but have gone in there looking for something many times. I just 
> always end up finding what I am looking for cheaper elsewhere! So no, they 
> arent a ripoff, just more expensive than some other places! But that is 
> understandable, since they have to pay all their members off every year! :) 
> LOL
>
>   
>> One of the things to be kept in mind when shopping at REI , is that members 
>> get approximately 10% of their total purchases returned to them in their 
>> yearly dividend. Basically any money left over, after operational expenses 
>> are covered, is returned to the members. This fact, combined with the wide 
>> selection and liberal return policy, pretty much squashes the ripoff 
>> theory!
>>     
>
> That is actually pretty cool. 10 percent can add up if you purchase a GPS 
> unit or two and some camping gear from time to time. That could amount to a 
> couple hundred bucks at the end of the year!
>
>   
>> Too bad they don't carry balloon envelopes, you could be getting a $200 
>> dividend, Scott!
>>     
>
> Lets see, 10 percent of $18,000.... I hope they give me more than 
> $200!!!!!!!! :))
>
> Scott
> Team Ropingthewind
>
>
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