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February Financials

This document outlines three investment alternatives for CVAS funds currently held in a low-interest checking account at Charter One. The first alternative retains the funds, earning minimal interest of $2.50 annually. The second alternative suggests purchasing a 1-year CD at 1.00% interest, yielding $50 annually. The third proposal recommends investing in mutual fund DLTNX, with an estimated return of 7.50%, potentially yielding $375 annually. An analysis on share price fluctuations and coverage for any potential losses is also provided.

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February Financials

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  1. February Financials

  2. CVAS Investment Proposal

  3. CVAS Investment ProposalAlternative 1 Funds kept at existing Charter One checking account. Earning 0.05% interest. $5,000 * 0.0005 = $2.50 Annual Interest Equivalent to ½ Big Mac Value Meal

  4. CVAS Investment ProposalAlternative 2 Purchase 1 Year CD thru Charter One Bank. Earning 1.00% interest. $5,000 * 0.01 = $50.00 Annual Interest Equivalent to 1½ months of our electric bill.

  5. CVAS Investment ProposalAlternative 3-Suggested Purchase Mutual Fund DLTNX. Sell portion or all after 1 year, depending on CVAS funding requirements. Earns approximate 7.50% interest. $5,000 * 0.0750 = $375.00 Annual Interest Equivalent to a full year of our electric bill Or Equivalent to our annual insurance policy.

  6. CVAS Investment ProposalAlternative 3 - Continued Purchase 450 shares at $11.10 per share = $4,995. If share price increases, example: 450 shares at $11.20 = 5,040. CVAS keeps $45 gain. ($5,040 -$4,995) If share price decreases, example: 450 shares at $10.70 = 4,815. $180 loss. ($4,815 -$4,995) I will cover the loss with a donation to CVAS.

  7. NOTICE 52 WEEK PRICE RANGE OF $10.90-$11.32A 3.8% PRICE SWING

  8. Questions?Discussion

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