[OT] Brokerage for the D Language Foundation

[jmh530 via Digitalmars-d]

On Sunday, 18 September 2016 at 16:13:55 UTC, Andrei Alexandrescu 
wrote:
>
> The basic idea here is to have a buffer for short-term 
> borrowing. For example, for DConf we'd need to plop down some 
> money for renting a conference hall until proceeds from 
> registration roll in. The notion of being able to take a 1.60% 
> APY for that is quite attractive. Sadly, I've looked at IB 
> since and they don't offer any checking or general banking. I'm 
> not 100% sure, but I assume they'd lend money only for 
> investing; they wouldn't allow you to transfer cash on margin 
> into your bank. Does anyone know exactly what the case is?
>

I had some other thoughts on this.

There is a concept in investing called asset liability 
management. They use it at insurance companies. The idea is that 
if you have a liability in x years, then you should have an asset 
whose value you're sure about in x years to match it.

So from the perspective of Dconf, you can estimate what your 
expenses will be: downpayment for the room and expenses closer to 
the date. You could represent this as a series of estimated 
future cash flows at certain dates. Then, you need to think about 
what kind of investments you would make where you would be sure 
you can meet those liabilities. So if you need $x to rent a room 
in Y months, then you might invest in a bond with a Y months 
remaining such that you will have at least $x at maturity.

You could also plan a few years in advance for the next two or 
three Dconfs, probably also incorporating some inflation in costs.

Then, you can think about the remainder of the portfolio, knowing 
that you most significant liabilities are already covered.