Is it breaking of Vinaya if a monastery set up an endowment fund?

Discussion of ordination, the Vinaya and monastic life. How and where to ordain? Bhikkhuni ordination etc.
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Re: Is it breaking of Vinaya if a monastery set up an endowment fund?

Post by DNS »

SarathW wrote: Tue Jun 15, 2021 10:17 pm Some times share market crash about 50%.
So you can lose 50% of your investment.
Not if you have it invested in ETFs, which are a mix of several top companies.

The largest single day percentage drop was in 1987 at -22% (U.S. Dow Jones market). Nothing has come close to that drop in terms of percentage points drop, even #20 is just -7%.

https://en.wikipedia.org/wiki/List_of_l ... al_Average
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