On 17/11/2007, Ray Saintonge <saintonge(a)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.