Watching the markets is enough to give anyone a heart attack. But if you’re in charge of your company’s investments, it’s that much worse.
Is it time to make a change to your corporate investment policy? Take a look at what your peers are currently doing with their cash and other short-term balances:
These benchmarks may give you some hard numbers to reinforce your current position. No doubt other top execs or your CEO are anxious about those shrinking balances and may be asking what your company should be doing to correct it.
If sitting tight is the strategy you’re embracing, you can at least show you’re in good company — more than a third of your peers say they’ll do the same.