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Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?

· marketwatch.com · popularity 32/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)

Read the original at marketwatch.com →

Summary

“Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.”

Found in: MarketWatch. Rating basis: single outlet; outlet tier 4; 1 feeds; feed position 7.