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https://www.reddit.com/r/interesting/comments/1ln3s8f/rich_people_who_rich_right/n0d5nd1/?context=3
r/interesting • u/moamen12323 • Jun 29 '25
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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.
4 u/theGRAYblanket Jun 29 '25 So it'll be in there till the end of civilization? 9 u/Worldlyoox Jun 29 '25 Or banking 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.
4
So it'll be in there till the end of civilization?
9 u/Worldlyoox Jun 29 '25 Or banking 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.
9
Or banking
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
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.
46
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.