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To: energyplay who wrote (87718)2/19/2001 4:15:35 AM
From: upanddown  Respond to of 95453
 
It is a short dollar play. A place to park money before moving to gold.

True, but for those returns, you might as well park it in your mattress. Parking is for cars. I want to make some money with my cash and until I hear some facts to the contrary, I'll stick with the MMF's.

John



To: energyplay who wrote (87718)2/19/2001 1:06:08 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
E.P. Thx & to Don for the heads up.

On the 2 bond funds. Used to trade Benham's fund (years ago) before they merged with American Century. It was called the European Short Term Bond Fund at that time.

Either of these funds looks like a good conservative choice to position yourself for a weakening dollar just as the old Benham Euro bd fd was during previous $ fainting spells(g).

And yes, a temporary "parking place", if you're planning to move gradually into the more aggressive play on a weaker dollar - gold.

RPIBX performance has been similar to BEGBX and probably most other non-dollar denom bond funds during the past year with the same downward spike as the dollar peaked.

Cheers

Isopatch