Post
Topic
Board Politics & Society
Re: Should I donate to charity?
by
sp564
on 20/01/2018, 08:40:56 UTC
Guys, a lot of us make money on trading and sometimes there's an excess that you don't need. Do you think it's a good idea to donate part of the profits to charity? Whom would you suggest helping first?

If you are serious about charity, check out this organization:

https://www.effectivealtruism.org

They are a group originally out of Oxford that have sat down and calculated the most effective way to spend money in order to improve quality and length of lives.

As to the question of whether you should, I think there is a strong argument for saying yes, up to a point. Other people, who out of no fault of their own are born into abject poverty rather than a crypto-lined spoon, are suffering horribly, and all it takes to help them is a small percentage of the free money that many of us are making. So yes, I think you should, at least as much as you can afford without seriously hindering your own life and goals, and I do so myself.