Rebalance portfolio if you drew from reserves
- October 23, 2020 |
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WILLIAM EHART
For associations that tapped investment reserves this year, what's the next move?Related contentUncertainty clouds association planning for next fiscal yearSEPA does zero-based budgetingTips for scenario planningEspecially with stocks down sharply in March just as in-person events were being canceled and the economy grinding to a halt, many organizations withdrew from short-term reserves, a pool of relatively safe assets such as cash and bonds. Others were able to tap lines of credit with interest rates below 1%.Of course, some groups are forced to continue pulling from reserves. But for groups able to do so, rebalancing is important. Drawing from short-term reserves… Read More
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