Generous to a fault?
Dec 13th 2010, 3:45 pm
#1
Lost in BE Cyberspace
Thread Starter
Joined: May 2009
Location: Dubai
Posts: 5,965
Generous to a fault?
Nice article about giving away lots of money. Not decided how i feel about it just yet, I kind of fancy becoming a mad old eccentric with a house full of cats so maybe this is the way forwards.
Good for him though
- although I think he should invest in a haircut 
http://www.bbc.co.uk/news/magazine-11950843
Good for him though
- although I think he should invest in a haircut http://www.bbc.co.uk/news/magazine-11950843
Dec 14th 2010, 6:45 am
#2
Lost in BE Cyberspace
Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
Re: Generous to a fault?
Nice article about giving away lots of money. Not decided how i feel about it just yet, I kind of fancy becoming a mad old eccentric with a house full of cats so maybe this is the way forwards.
Good for him though- although I think he should invest in a haircut
http://www.bbc.co.uk/news/magazine-11950843
Good for him though
- although I think he should invest in a haircut http://www.bbc.co.uk/news/magazine-11950843
One of the comments is interesting:
He would be better investing his 10% (or whatever he is donating) and at the end of his life by handing it over as a lump sum. That way, if he needs it for an emergency he has it available but if not, he will end up actually giving more over. Even if an emergency happens then he will still probably have enough left over to give the same, if not more over.
Dec 14th 2010, 7:03 am
#3
Account Closed
Joined: Oct 2008
Posts: 2,502
Re: Generous to a fault?
He's an academic.
You expect him to have any sense?
You expect him to have any sense?
I would like to revist this in 10 years time once he has a kid to two and he wakes up to the fact that you need a large reserve fund for if things go wrong.
One of the comments is interesting:
He would be better investing his 10% (or whatever he is donating) and at the end of his life by handing it over as a lump sum. That way, if he needs it for an emergency he has it available but if not, he will end up actually giving more over. Even if an emergency happens then he will still probably have enough left over to give the same, if not more over.
One of the comments is interesting:
He would be better investing his 10% (or whatever he is donating) and at the end of his life by handing it over as a lump sum. That way, if he needs it for an emergency he has it available but if not, he will end up actually giving more over. Even if an emergency happens then he will still probably have enough left over to give the same, if not more over.
