3 ms·
Until the next 2008. It seems like a financial crisis would put that plan into a tailspin. And there have been a bunch of those in my lifetime. I wonder if t
by sillysaurus3 12y ago
Until the next 2008. It seems like a financial crisis would put that plan into a tailspin. And there have been a bunch of those in my lifetime. I wonder if there's anything with more permanence?
- jacquesm 12y ago2008 was a non-event in those terms. I'm not much of a stock buff but if you're going to be in for the long haul you should evaluate the stock market over the long haul.
- deleted 12y ago[deleted]
- cdcarter 12y agoWell, no. In 2008 the endowment payout would be much lower. The foundation would have to choose to grant a significant amount of the principle to the operating fund.