CQ Amateur Radio

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ARRL Reports Significant Decline in Investment Portfolio; Taps Fund to Cover Operations

RRL Treasurer John Sager, W7JS, reported to the League board of directors in July that the value of the organization’s investment portfolio had dropped by 9.2% in the second quarter of 2022 and by 11.1% for the year to date. However, according to the (which did not report on the July board meeting until early September), Sager told the directors that the portfolio’s value remains higher than it was in 2020, “(after considering withdrawals for operations).” Chief Financial Officer Diane

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