Nonprofit Investment Strategy in the "Fiscal Cliff" Era

By: Dennis P. Gogarty

The economic uncertainty surrounding the Euro Zone and Congressional debates about the national debt can make association leaders skittish about their investments. A knowledge of the issues at play and some firm policy guidelines can help your organization weather the storm.

Events in Europe, particularly questions over Greece's future participation in the Euro Zone, have been the overwhelming focus of investors worldwide in recent months. The crisis is complex, multifaceted, and constantly evolving. But at its heart, the volatility in global markets reflects worries over the capacity of policymakers to deal effectively with mounting debts and demand for social services. That's not unique to Europe. Concern in the United States continues to mount as politicians prepare to either "kick the can" down the road or risk falling off the "fiscal cliff."...