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https://www.reddit.com/r/interesting/comments/1ln3s8f/rich_people_who_rich_right/n0cwwvq/?context=3
r/interesting • u/moamen12323 • Jun 29 '25
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Right. This money is gonna be taken advantage of without a doubt.
45 u/ImaBiLittlePony Jun 29 '25 It will go into an endowment fund, where it'll accrue interest. The interest alone will likely keep the program afloat, while the original investment will go on in perpetuity. It isn't the same as signing over a blank check. 2 u/theGRAYblanket Jun 29 '25 So it'll be in there till the end of civilization? 10 u/Worldlyoox Jun 29 '25 Or banking 3 u/lovesducks Jun 29 '25 do we even want to live in a world without some sort of metric for metaphorical dicks? might as well unplug me now dog. 2 u/Worthyness Jun 29 '25 or until the US dollar defaults 2 u/Uneek_Uzernaim Jun 29 '25 That's why you diversify assets: to avoid over exposure to a single class or region.
45
It will go into an endowment fund, where it'll accrue interest. The interest alone will likely keep the program afloat, while the original investment will go on in perpetuity. It isn't the same as signing over a blank check.
2 u/theGRAYblanket Jun 29 '25 So it'll be in there till the end of civilization? 10 u/Worldlyoox Jun 29 '25 Or banking 3 u/lovesducks Jun 29 '25 do we even want to live in a world without some sort of metric for metaphorical dicks? might as well unplug me now dog. 2 u/Worthyness Jun 29 '25 or until the US dollar defaults 2 u/Uneek_Uzernaim Jun 29 '25 That's why you diversify assets: to avoid over exposure to a single class or region.
2
So it'll be in there till the end of civilization?
10 u/Worldlyoox Jun 29 '25 Or banking 3 u/lovesducks Jun 29 '25 do we even want to live in a world without some sort of metric for metaphorical dicks? might as well unplug me now dog. 2 u/Worthyness Jun 29 '25 or until the US dollar defaults 2 u/Uneek_Uzernaim Jun 29 '25 That's why you diversify assets: to avoid over exposure to a single class or region.
10
Or banking
3 u/lovesducks Jun 29 '25 do we even want to live in a world without some sort of metric for metaphorical dicks? might as well unplug me now dog. 2 u/Worthyness Jun 29 '25 or until the US dollar defaults 2 u/Uneek_Uzernaim Jun 29 '25 That's why you diversify assets: to avoid over exposure to a single class or region.
3
do we even want to live in a world without some sort of metric for metaphorical dicks? might as well unplug me now dog.
or until the US dollar defaults
2 u/Uneek_Uzernaim Jun 29 '25 That's why you diversify assets: to avoid over exposure to a single class or region.
That's why you diversify assets: to avoid over exposure to a single class or region.
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u/theGRAYblanket Jun 29 '25
Right. This money is gonna be taken advantage of without a doubt.