Safeguarding HOA/Condominium Association Money: Investment considerations and pitfalls (NC)

/ Owner - July 14, 2021

We are often asked by our association clients whether they should invest assessment or reserve funds into the stock market, bonds, money market accounts, CDs, etc. Let me start by stating that I am neither a financial planner nor an accountant, so my take on investment of association funds will center on the Board’s duties to the association and the underlying principal of why associations collect assessments in the first place.   Read the entire article……………………………….

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