Make those pennies add up to dollars
Safeguarding funds and making them grow is the chief concern of public fund investors. To help state and local officials make sound investments, Jim Koetting, president of St. Charles, Mo.-based Reserve Fund Management, has published a handbook of tips. “Public Fund Investing for Dummies,” describes how to maximize opportunities with a public budget, how to manage safety, liquidity and yield, how to pick investments to match your agency’s strategy, and more. To order the free handbook, visit www.reserve-fund-management.com.