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Reply to "What to do with $ I don’t want "
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[quote=Anonymous][quote=Anonymous]With all due respect, you're crazy. Are you a good person? Don't you live by precepts of earth-friendly stewardship, and teach your children to respect all peoples? Don't you want to build generational wealth for these kids whom you have raised to be caring citizens of the world? If I were you, I would take the money, and when your children are older, gift it to them in several batches so they can invest when young. Investing early is how I became wealthy in middle age. Buy and hold is an excellent strategy for stocks, but it takes time to come to fruition. [/quote] This is pretty much exactly what OP does NOT want to do -- perpetuate generational wealth built on the backs of slaves. I agree with PPs -- establish scholarships at HBCUs.[/quote]
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