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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (61395)10/18/2018 8:59:07 AM
From: E_K_S  Read Replies (1) of 78766
 
Been raising cash over last 60 days and up to 16%. Looking for places to park those funds as I expect there will be a good buying opportunity w/i next 6 months. For now, moving some of those funds into my Credit Union which only pays 1.75%.

What type of bonds or preferreds do you hold (if any).

My strategy for this cash is short term and parking it in the local Credit Union is easy (use the move money option through Schwab). Schwab also offers Prime Money Market Fund (& Prime Gov Funds) but not sure how safe those are vs the Credit Union. Last liquidity crisis, these funds broke the $1.00, while good dividend stocks held their value and paid their dividends.

In 6 months, I will be looking at deep value dividend payers but these may not go on sale very much as it is the highly leveraged and/or no EPS growers that burn cash that will fall in price. I also like the domestic industrials if I can get in at a bargain price.

EKS
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