On 17/11/2007, Ray Saintonge saintonge@telus.net wrote:
Thomas Dalton wrote:
Being able to fund activities off capital gains would be very useful, but really it requires large endowments to work. Building up a fund from small fundraisers isn't going to work.
Capital gains are not a reliable investment, especially not in the short term. Short term capital gains are mostly a matter of good luck.
Putting the cash in a savings account still constitutes capital gains. The term doesn't refer just to risky investments.