A common question among nonprofit associations is how much they should hold in reserve assets. There is a “rule of thumb” that associations should hold six months of operating expenses in reserve. Is this common rule of thumb common practice?
You can’t have spring without spring cleaning. As you tackle your home, yard, and other spaces this year, your financial plan might also need to be spruced up. Here are a few tips to clean up your financial plan this spring.
Barbells work great at the gym because they put weight on a bar in such a way that it’s balanced, leaving room in the middle for someone to use it to workout. We often see portfolios that are designed like a barbell at the gym: lots of risk in one account and lots of cash or very short-term securities in another. In aggregate, it might produce some balance, but the reality is that it can create some real challenges.
We had completed our hike successfully, and the challenges made it more memorable and satisfying. The same is true for all of us as investors.
This year has reminded us of the many important roles that fixed income can play in portfolios.
We had completed our hike successfully, and the challenges made it more memorable and satisfying. The same is true for all of us as investors.
This year has reminded us of the many important roles that fixed income can play in portfolios.
