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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Wyätt Gwyön who wrote (83236)	4/19/2007 3:09:30 AM
From: upanddown	Read Replies (3) of 206325

i am forced to keep extra money in their stupid MMF that i would rather have deployed in currency ETFs or T-bills. Wyatt, I don't know what you are getting on your currency ETFs but the 7-day yield on Fidelity Cash Reserves is 5.00% which, AFAIK, is higher than all teasuries. I have a lot of money in FDRXX and I have no problem with it. Cash is like rust, it never sleeps. Sure, some of the people around here are doing better than me Mon-Fri, but I am doing better than them on Sat-Sun.<ggg> To me, cash, always available and paying 5%, is an asset class. John

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