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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: SS Heatwole who wrote (9814)1/4/2000 7:22:00 AM
From: Steve Grabczyk  Read Replies (2) of 18928
 
Hi SSH:

I know you asked Tom, but thanks to him, I also hold GSF as one of my AIM stocks.

I agree, that most of your cash reserve is better off in GSF than the money market that your broker gives you. I keep enough cash in the MM to cover my normal trades, the rest in GSF to maximize the return. It is an easy matter within the settlement timeframe allowed to sell enough GSF to cover another trade (assuming there is a mass lemming leap).

Since Nov 1 when I started, I've had 3 AIM buys, and 2 or 3 dividend declarations totaling about 3.5% of my initial investment. I think that annualizes to about 15%. Nice if you can get it.

Tom, I also have a question on GSF. Do you reinvest the dividends or take the cash? I know you live off of your investments, so your situation may be different than others.

Regards, Shivering in Sherman (It's dropped 50 degrees the past 18 hours)
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