Today we’re sharing insight from guest blogger Tag Birge, President of Cornerstone Companies, Inc. We hope you enjoy Tag’s wisdom and perspective.
Risks come in a variety of shapes and sizes. A risk I often see companies missing out on today is cash management. CFOs have a tough job trying to decide in what to invest excess cash. Finding income generating assets with low risk is almost impossible. With the inflationary environment, many low risk investments mean the value of that investment will decrease over time. In the past, places like bank accounts, treasuries, and Blue Chip equities had a reasonable expectation of out earning inflation while being very low risk.
