Huh, that seems like a missed opportunity. I know very little about investing, but aren’t there short-term investments with modest returns that would have a one-off setup cost for the fund, such that all future money could go into them fairly easily?
I would have thought so. Putting them into government and corporate bonds is very safe, and would at least prevent the value in the funds from being eroded by inflation.
I’ll ask; will reply here when I get an answer.
Can confirm that the funds are held as cash, not invested.
Huh, that seems like a missed opportunity. I know very little about investing, but aren’t there short-term investments with modest returns that would have a one-off setup cost for the fund, such that all future money could go into them fairly easily?
I would have thought so. Putting them into government and corporate bonds is very safe, and would at least prevent the value in the funds from being eroded by inflation.