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endowment?
- Thread starter tomasball
- Start date
Dave in Waco
Premium Member
I doubt it. According to my DDGM, it won't. The interest rates are too low.
I have heard the same. In order for it to pay out it has to be over $100 a share. Every month you secretary gets a list showing your endowed members and how much it is a "unit" for every $100 put in you are able to purchase a unit. So if your Lodge endowment is $500 then you will purchase 5 units of endowment.