PHILANTHROPY

Well it is sunday and we need a different theme to relax. We all want to make money. let us assume that we are all super-rich, that is beyond what we can count, then what will we do with that money. It is not easy to answer because being super rich, u have all the luxuries and all the gadgets. So, let us see what way the rich people have spent their money and what the society thinks about it.
Philanthropy , embodied by many great people is an universal way in which the rich have partly used their money.
Examples include past giants like Andrew Carnegie, John D. Rockefeller, Joseph Rowntree and William Wilberforce, Tatas.
Presently Bill Gates hogs the limelight for the same reason.

Britain's Dame Anita Roddick, founder of the Body Shop, and Arpad Busson, a colourful French hedge-fund boss. India's new wealthy, such as Azim Premji and Nandan Nilekani, two Bangalore technology-firm bosses, are also becoming keen philanthropists. If I have ighnited your interest in this area, u can check out the following links.

1. http://www.economist.com/surveys/displaystory.cfm?story_id=5517605
2. http://www.fordfound.org/news/view_news_detail.cfm?news_index=118
3. http://en.wikipedia.org/wiki/Philanthropists
4. http://en.wikipedia.org/wiki/Special:Search?search=indian+philanthropists&fulltext=Search
5. http://www.answers.com/topic/philanthropist-1?method=22

To create wealth to distribute requires effort and discipline. So what to buy and what to sell, to make money ?

Patience is required. Hold cash for some time if u can. Buying opportunities are there but let us take some deep breaths before we resume to buy and sell.