Ever Wonder Who Invests WalCo's Money and the Rate of Return?
Here's some interesting info. Notice that the average rates of return were less than 3% on the $80 million, and these accounts were invested with Morgan Stanley, Merrill Lynch, UBS, and AmSouth. Wow! I think I did about double that in a CD. Wonder who gets to handle WalCo's accounts at those places?
Replies
2
SoWal Expert
Wow! That is a REALLY crappy rate of return! I get 4% just on my backup savings account and better on my highly amateurish and illogical stock market investments.
Seriously, who is dealing with the county's money? I keep waiting for the punchline.
Seriously, who is dealing with the county's money? I keep waiting for the punchline.
Beach Fanatic
Wow! That is a REALLY crappy rate of return! I get 4% just on my backup savings account and better on my highly amateurish and illogical stock market investments.
Seriously, who is dealing with the county's money? I keep waiting for the punchline.
http://clerkofcourts.co.walton.fl.us/
Comprehensive Financial Reports are on the right column.
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