Not-so-hypothetical question*: If you acquired a large sum of money**, what would you do with it? In the name of epistemic modesty, I want to start getting opinions on this. There is a boring donate it to the best place option, closely followed by an equally-boring save it and donate it later option. It may well be the case that the boring options win, as I think they do for smaller amounts. However, it seems plausible that some ideas have increasing returns as the amount grows. For instance, one idea Ive floated to myself is effectively running a public giving game of some kind. There are lots and lots of ways this could be structured, with different upsides and downsides. I have some thoughts on this specifically, but Im really just canvassing for others thoughts. *I almost feel bad for spamming the main forum with this. Im doing it anyway because Im not going to be the only one with this decision, and its recurring (for instance, this is the approximately the situation for every finance earning-to-give EA once a year). **I want to put exact amounts to one side, but lets say between $20,000 and $200,000 for the sake of grounding the discussion.
Posted on: Sat, 27 Sep 2014 20:11:22 +0000
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