Re: [silk] Charitable Giving

2008-05-03 Thread Rishab Ghosh
On Sat, May 03, 2008 at 10:40:21PM +0530, Biju Chacko wrote: > Aadisht is a banker by profession so one assumes he knows something > about investments. heh but since i'm an economist i know about opportunity cost. so put another way - unless you are sure that the cost of your own time, commission

Re: [silk] Charitable Giving

2008-05-03 Thread Biju Chacko
On Sat, May 3, 2008 at 5:59 PM, Rishab Aiyer Ghosh <[EMAIL PROTECTED]> wrote: > > well, except that the children you want to donate money to now may not > be around to need it later... frankly, unless you're a whiz with > investment (like the childrens investment fund [1]) it makes sense to > d

Re: [silk] Charitable Giving

2008-05-03 Thread Rishab Aiyer Ghosh
On Fri, 2008-05-02 at 09:24 +0200, Dave Long wrote: > which follows by exactly the same logic: the "more" money you may > give later is, when discounted to net present value, the same as the > amount you could give now. well, except that the children you want to donate money to now may not be

Re: [silk] Charitable Giving

2008-05-02 Thread Chris Kantarjiev
My approach to this is to find a charity whose goals I like, check out that they're reasonably efficient, and then set up an automatic transfer of a smallish amount every month. This has (at least) two benefits: - The monthly amount "disappears" from my budget without a lot of impact - The cha

Re: [silk] Charitable Giving

2008-05-02 Thread Srini Ramakrishnan
On Fri, May 2, 2008 at 5:10 PM, Suresh Ramasubramanian <[EMAIL PROTECTED]> wrote: > Ss wrote: > > > My personal choice is to let money slip out to people (usual casual > > workers) who depend on me for some of their income in the first place. > > That's a good idea .. what I tend to do is donate

Re: [silk] Charitable Giving

2008-05-02 Thread Suresh Ramasubramanian
Ss wrote: > My personal choice is to let money slip out to people (usual casual > workers) who depend on me for some of their income in the first place. That's a good idea .. what I tend to do is donate to a charity that my cousin helps run (a dharmashala / free hostel for the Adyar cancer hospit

Re: [silk] Charitable Giving

2008-05-02 Thread ss
On Friday 02 May 2008 11:34:46 am Aadisht Khanna wrote: > . Rather than give five thousand >    rupees a month away now, I could invest it, get a return,  and give > larger lump sums later. Which in your opinion would make more sense? >    5. Point #4 also ties up with how much a particular donatio

Re: [silk] Charitable Giving

2008-05-02 Thread va
On Fri, May 2, 2008 at 7:04 AM, Aadisht Khanna <[EMAIL PROTECTED]> wrote: > I would like to pick the list's intelligence on an issue I have been facing. > > CRY approached me this month for a contribution, and I gave them six my father used to donate to CRY and in return they used to send us nice

Re: [silk] Charitable Giving

2008-05-02 Thread ashok _
On Fri, May 2, 2008 at 9:42 AM, Srini Ramakrishnan wrote: > On Fri, May 2, 2008 at 11:34 AM, Aadisht Khanna: > >2. Having done this, I would obviously like to make sure that my > >donations get the most bang for their buck. This means the efficacy of > the > >charity I am donating

Re: [silk] Charitable Giving

2008-05-02 Thread Dave Long
But I also happen to think that money given NOW is always more useful than more money given later. NOW is when so many people really need it. which follows by exactly the same logic: the "more" money you may give later is, when discounted to net present value, the same as the amount you coul

Re: [silk] Charitable Giving

2008-05-01 Thread Deepa Mohan
On Fri, May 2, 2008 at 12:12 PM, Srini Ramakrishnan <[EMAIL PROTECTED]> wrote: > On Fri, May 2, 2008 at 11:34 AM, Aadisht Khanna > <[EMAIL PROTECTED]> wrote: > > > >2. Having done this, I would obviously like to make sure that my > >donations get the most bang for their buck. This means

Re: [silk] Charitable Giving

2008-05-01 Thread Srini Ramakrishnan
On Fri, May 2, 2008 at 11:34 AM, Aadisht Khanna <[EMAIL PROTECTED]> wrote: >2. Having done this, I would obviously like to make sure that my >donations get the most bang for their buck. This means the efficacy of the >charity I am donating to needs to be certain. If you don't care ab

[silk] Charitable Giving

2008-05-01 Thread Aadisht Khanna
I would like to pick the list's intelligence on an issue I have been facing. CRY approached me this month for a contribution, and I gave them six thousand rupees without very much thought. However, the following points arise: 1. Five days ago, my pay review kicked in, and I can now afford to