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Reply To: Reserves are great to have – how to invest and manage them
Thanks, I appreciate that there’s a strategy grounding your reserves.
Reply To: Reserves are great to have – how to invest and manage them
Not yet Kate. We carry a little over $200,000 in our Capital Depreciation fund. This is a liquid fund that depletes as needed, and replenishes…
Reply To: Reserves are great to have – how to invest and manage them
The current market environment for liquid accounts is so much better now than it was a year and two ago (although the context for that…
Reply To: Reserves are great to have – how to invest and manage them
Thanks for sharing this great summary, Bruce. Do you have a designated amount of operating reserves in a more liquid account?
Reply To: Reserves are great to have – how to invest and manage them
That’s helpful, thanks. Right, I’d always support keeping emergency reserves in something very liquid and safe. And with the fed rate hikes, some basic accounts…