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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (30035)2/13/2008 3:56:28 PM
From: E_K_S  Read Replies (1) of 78774
 
Hi Wallace - Never used Auction Rate Securities but I have used the Schwab CD OneSource for high-yielding CDs. (http://www.schwab.com/public/schwab/investment_products/cds_money_markets/certificates_deposit?cmsid=P-983753&lvl1=investment_products&lvl2=cds_money_markets).

Their service is easy, provides FDIC insurance and is integrated with their brokerage operation. You can get equivalent rates for CD's that are offered at Bankrate.com.

I have already realized that rates will continue to drop and it can be dangerous to shop yield. For higher yields I am researching preferred securities as an option.

The real bargain will be to hold your cash and move your reserves into beaten down stocks as value opportunities arise. In fact. I am currently peeling off shares from some of my over weighted positions and plan to hold cash until this bear market runs it's course.

EKS
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