Savings accounts aren’t exactly known for having a high return on investment. Accept a little risk, and
spread out the investment so it won’t all get lost. Also, keep enough extra to survive recessions.
What matters is what alcor etc are actually doing. Alcor has this on their website on the distribution of their investment fund:
Cash and Equivalents 10.86%
Stocks / ETFs 34.62%
Government Securities 1.11%
Certificates of Deposit 53.41%
This doesn’t look very risky, which is good in that they’re unlikely to lose it but bad in that they’re unlikely to do much above inflation in the long term.
Did they not mention how much interest they’ve been getting?
From that link:
… as well as build capital to eventually fund revival and reintegration.
They understand that the money is supposed to eventually pay for you revival. But as you seemed to show, they’re likely being stupid with it so it won’t be there.
Did they not mention how much interest they’ve been getting?
Yes: “The Investment Account had a total annual return of 17.01% for 2009 and 6.18% for 2010”. Which is well above inflation. Though I think the market as a whole also might have done well over that period?
They understand that the money is supposed to eventually pay for you revival. But as you seemed to show, they’re likely being stupid with it so it won’t be there.
I don’t know enough about what they are doing or about what is good to say whether they are being stupid. But if they are being conservative, as trusts and foundations tend to, then there is a good chance they won’t make much if any money in the long term.
What matters is what alcor etc are actually doing. Alcor has this on their website on the distribution of their investment fund:
This doesn’t look very risky, which is good in that they’re unlikely to lose it but bad in that they’re unlikely to do much above inflation in the long term.
Did they not mention how much interest they’ve been getting?
From that link:
They understand that the money is supposed to eventually pay for you revival. But as you seemed to show, they’re likely being stupid with it so it won’t be there.
Yes: “The Investment Account had a total annual return of 17.01% for 2009 and 6.18% for 2010”. Which is well above inflation. Though I think the market as a whole also might have done well over that period?
I don’t know enough about what they are doing or about what is good to say whether they are being stupid. But if they are being conservative, as trusts and foundations tend to, then there is a good chance they won’t make much if any money in the long term.