What type of investment is good for cash a business has on hand?

January 6, 2010 by admin · 2 Comments
Filed under: Investing 
business
mckgolfman m asked:

I started a business renting a condo that I own using an LLC. In the next year, I will have more cash on hand for the business and am wondering what a business can invest in to earn some sort of return and also keep the cash liquid for things such as real estate taxes, insurance, maintenance, and other expenses.

Related Blogs

Related Blogs

Possibly Related Posts:


Tags: , ,

Comments

2 Responses to “What type of investment is good for cash a business has on hand?”
  1. JohnGalt says:
    January 8, 2010 at 7:31 pm

    For one condo, the free cash for everything except taxes might be too small to be worth the trouble. But CD’s timed to expenses can get you a couple of points. TBills were the usual way, but that is worthless now. At least with CD’s the right bank will let you buy and sell them over the phone without filing new LLC papers each time or creating extra recordkeeping expenses for tax time.. JohnGalt

  2. brad says:
    January 11, 2010 at 11:13 am

    restaurants are good business for cash on hand. brad

Speak Your Mind

Tell us what you're thinking...