SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (202316)11/5/2002 9:37:04 PM
From: Knighty Tin  Read Replies (1) of 436258
 
patron, The expense ratio problem is an easy one to fix: charge lower expenses. Better to keep some of the assets than let them all go to the biggest money funds.

The quality problem is one that concerns me greatly. I read the names in "Prime" money fund portfolios and I gag sometimes. Ford? Gimme a break! Credit Suisse or J.P. Morgan? Not with my nickle, please.

That's why so many brokerage firms are running to bank deposit accounts, where you are insured by the FDIC on the cash up to $100,000. In fact, I know of one firm that has 10 banks, so they can offer a cool mil in FDIC insurance. No hints, but I work there. <g>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext