When the Mathmatecum was aborning it was necessary to make sure of certain facts and make certain assumptions that were not facts but rather speculations. All speculations are nothing more than guesses, no matter how many facts are considered. To feel comfortable in starting the Mathmatecum my biggest assumption and necessary one was that even with all the investment restrictions the Members Monies would have to earn on average over the years at least 2%. The first year saw the income percentage over 2% and the second year under 2% but overall, the average was above the anticipated expected return. In the last 5.5 years there were six-month periods earning over 9% and the lowest six-month periods earning over 4%! All these figures of course were unexpected but welcome. Because of this and other factors unforeseen in the planning stages I can now report that the Mathmatecum has unincumbered funds far in excess of members contributions, actually 152% more. Again, unexpected but welcome. Of course, going forward these numbers can change and not I nor anyone else can know what money markets will do over the next 80 years. But one thing is certain that there will always be a surplus over and above membership fees.
When reviewing one’s own money management there is always over time the would a, should a, and could a, as to decisions made. That jumps out at you because with CD’S earning so very well today that that thought process sees purported financial gurus warning about investing in CD’s. Hogwash and shame on them for self-dealing. The more money in CD’s the less there is for the financial industry to manage and earn from.
Talked to the Mathmatecum’s oldest member (93) yesterday and who now has a 19th greatgrandchild! Our youngest member turns a year old this week!
JAI BABA
TTFN
JU
