I am on the board for a pretty low-key nonprofit. For a period in the 90's primarily the group barely got by. We put significant work into the property and have now had a very healthy income stream for the last four years. On top of that we received a few large estate donations. There is no logical reason this source of income will end.
I'm in the process of proposing we put half of our cash reserve in a long term, low risk, fairly liquid investment. The other half would be much more than needed as an emergency fund and for wanted projects moving forward. Would something like a 10-year treasury bond be the ideal investment right now? Should I wait until the Fed raises rates this year? Right now only one out of eight is opposed to the broad idea.
Submitted January 13, 2017 at 08:49AM by Whatanimal http://ift.tt/2iPBBLJ
