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Reply to "What to do with $ I don’t want "
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[quote=Anonymous][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] Here’s how well-off lots of descendants of wealthy former slavers are: they have so many advantages in life and so much wealth that they can give away $225K and it’s no real hit to their bottom line. [/quote] OP here again. Exactly. We aren’t rich like my great greats were, but we’re plenty comfortable. We’re comfortable enough to be able to decline that money because it feels dirty. We work for our money, and I’d love for others to be able to be in our shoes. I love these ideas. Especially the donor advised funds. Anonymous is great. Thanks for the great ideas. [/quote]
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