Re: Reserve Funds Investing
From: David Mandel (
Date: Sun, 22 Jun 2014 19:26:49 -0700 (PDT)
Most of our reserves have long been in tax-free bond funds -- a mix of 
relatively short and long-term, with an eye toward the expected timing of major 
expenses, e.g. roof replacement. At one point we bought some municipal bonds 
directly but I don't think we have any now. We have concluded that this type of 
investment is appropriate for us.
David Mandel, Southside Park, Sacramento

On Sunday, June 22, 2014 4:28 PM, Sharon Villines <sharon [at]> wrote:

On Jun 22, 2014, at 3:46 PM, Norman Gauss <normangauss [at]> wrote:

> One of our members is
> worried that we are taking too much risk, and claims that cohousing
> communities universally put all their money in banks.  Is this so?

No. I don't have time to document this but some communities do other things. 
Although CDs are probably the most popular.

One plan was to take the funds that would not be used for a certain number of 
years and invest them in socially responsible mutual funds, which to my not 
huge knowledge, are less volatile.

Sharon Villines, Washington DC
"We are confronted with insurmountable opportunities." Walt Kelly

Cohousing-L mailing list -- Unsubscribe, archives and other info at:

Results generated by Tiger Technologies Web hosting using MHonArc.