Thank you for that affirmation.My DAF is 100% equities.If one has a Donor Advised Fund with no planned investments then it seems it does not follow personal investment principles but is more akin to college endowment fund principles?
In the case of the former there is an end date for the holder some day in the future whereas in the case of the latter it is somewhat a perpetual investment.
If true, then would not that argue for the investment being 100% equity? The investment is for the long-term with no anticipated short-term withdrawals.
Based on what you’ve posted, 100% equities could make sense for you.
Who has yours? As stated, mine is with Vanguard. I had to do it in a rush. They had a much higher minimum than anyone at the time ($25,000) and I had to do a Roth conversion to have it all make sense that year but since my money was with them, I could get it done in time for year-end.
Would have been problematic to attempt to do the same with anyone else since I would have had to transfer from Vanguard to my bank and then to another institution. All in the last two weeks of the year, a horrible time of year to expect anything to get done in a timely manner.
Statistics: Posted by yankees60 — Sat Dec 14, 2024 11:49 am — Replies 6 — Views 119