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54 // Choose-to-Save.com // Financial Role Models // 3b Jan 2011 gr gr 54 54
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Financial Role Models |
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The Paola Kansas Public School Endowment Association |
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. According to Wikipedia, the small community of Paola Kansas, with a population of only 5,000 people, set up a Public School Endowment Association in 1986. That endowment now has assets of about two million dollars and the endowment produces about $110,000 per year for education in that community. That's a rate of return of about eighteen percent. . |
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What Social Security Was Supposed to Be. |
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. . If
Social Security had been properly managed, today, the public
would have a 40 trillion dollar asset. Instead, we presently
have a 40 trillion dollar debt.
Imagine
for a moment that that investment fund
Imagine that Social Security had that forty-trillion-dollar investment portfolio. Imagine that investment making only a meager two and one-half percent annual interest. Even at that ridiculously low rate of return, the return on investment would be a trillion dollars a year in free and clear money that would be available for retired Americans. That's about double what is currently (2005) being paid to Social Security recipients. There are about 48 million benefit recipients. Even at that extremely low, two-and-one-half percent rate of return, payments from profits would average over $20,000 per year per person.
Endowment
funds on average make about eleven percent return on the invested
money. Imagine the 40 trillion dollar Social Security investment
making only seven and one-half percent return. The would give each
retiree, $60,000 per year per person. That's about six times
what is currently (2005) being paid to Social Security recipients, and,
unlike today, not one nickel of that money would be coming from
taxes. For the full text of this section, readers are directed to:
http://www.EconomicSanity101.com/Rt-3-Protecting-retirement-funds.html#UnitedStatesSocialSecurity
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Yale University |
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. Yale University started its endowment fund in about 1950. Public records indicate that in 2009, the fund was valued at over sixteen billion dollars. Their average return on investment for the past ten years was 11.8%. In 2009, the endowment fund paid for 46% of the university's expenses. Reference: http://www.yale.edu/investments . |
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Harvard University |
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. Public records indicate that in June 2010, the Yale University endowment fund fund was valued at 27.6 billion dollars. Their average rate of return on investment for the past twenty years was 11.9%. The endowment fund currently pays 35% of the university's expenses. Reference: http://www.hmc.harvard.edu . |
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Additional College and University Endowments: |
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. Stanford University ....................................Fund Value = 12.6 Billion Princeton University ..................................Fund Value = 12.6 Billion University of Texas .....................................Fund Value =12.1 Billion Massachusetts institute of technology .......Fund Value = 7.9 Billion Wikipedia lists 57 U.S. colleges and universities with endowment funds exceeding one billion dollars. There are undoubtedly numerous other organizations with large endowment funds. Each organization listed to referenced to on this page started years ago with a very small amount of money. . |
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Brazil -- South America |
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. In the financial fiasco that hit its crisis point in august 2008, one country stands out today, January 2011. That country is Brazil, South America. While the rest of the world in a deep recession, brazils economy is booming, and we want to know why. We want to know what made the difference? The answer to that question is critical to understanding:
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What to Buy and How: |
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. See the page titled: Your Personal Retirement Money . |
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Notes and References |
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yet experienced Call for a Free Introductory Session -- 818-727-0727
Learn techniques
that can be used to enhance your skills and . |
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