On Saturday, 17 September 2016 at 14:22:03 UTC, Andrei Alexandrescu wrote:
The Foundation's cash os currently sitting in a checking account at Bank of America. I've googled for things like "brokerage accounts for non-profit" and figured that most or all deep discount brokers (Fidelity, Merrill, Etrade etc) allow opening accounts for non-profit organizations. Bank of America has a partnership with Merrill Edge, which I hadn't heard of before (likely a subsidiary of Merrill Lynch). So, any suggestions on which brokerage would work best for the Foundation? TD Ameritrade would be the familiar choice for me. On the other hand, I'd be interested in trying something new. Thanks in advance for any insights! -- Andrei

As jmh530 pointed out, the time horizon is probably the most important parameter in an investment. If you can put the money aside for at least one year, I think you can make 1-2% a year without taking a lot of risk, e.g. by investing in investment-grade corporate bonds with short maturity.

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