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A comment on Ask HN: What can you do today that will be significant in 1000 years?. Parent comment
Is giving money to causes today, the best strategy?
Would it be better to amass wealth in your own name, and then deploy it more strategically later in life?
This has the added advantage of the potential to self-fund an endeavor that might do good and increase your capacity to give down the line?
If you trust yourself not to fall into greed as you grow older, what’s the downside of this, besides missing out on some tax breaks?
I guess the real answer is why not both.
Was thinking of some of the examples of “little old lady makes largest donation to X after a life of saving”.
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Is giving money to causes today, the best strategy?
Would it be better to amass wealth in your own name, and then deploy it more strategically later in life?
This has the added advantage of the potential to self-fund an endeavor that might do good and increase your capacity to give down the line?
If you trust yourself not to fall into greed as you grow older, what’s the downside of this, besides missing out on some tax breaks?
I guess the real answer is why not both.
Was thinking of some of the examples of “little old lady makes largest donation to X after a life of saving”.