Some way to share wealth without losing principal
I get extra $$ (about $2000) each month, and want to “loan” it out for good use. Something like micro-lending, but I want the principal to come back to me for inheritance by my heirs. And I don’t want to end up with a failed small business if they can’t pay it back…. Any ideas?
Terry Says
I think you should “loan” it to the U.S. Treasury by purchasing 6-month T-bills!
Read this: https://www.terrysavage.com/t-bills-beat-cds-2/
Then after a few years, if you still think you have “extra” money, you can make a small donation every month to the charity of your choice.
