Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (76021)	3/6/2001 2:02:24 PM
From: NOW	Respond to of 436258

please check said composition og "govt MM fund': most are FNMA etc

To: LLCF who wrote (76021)	3/6/2001 6:15:44 PM
From: HEP_Ronin	Respond to of 436258

DAK (LLCF) Thanks for the advice regarding MM and bond funds. Yeah, flexibility is important since I will probably want to gradually reduce my short positions while increasing my longs on a monthly basis. (assuming a U recovery) Kind of like a self-imposed "DRIP" strategy. I understand that safety is also a concern as has been discussed here. My broker is Schwab, so I'll check out some of the options that they provide. One of their representatives the other day was suggesting that I have the excess cash placed into one of their MM funds which would earn me an extra percent interest. I got a little concerned at that point about what would happen if the fund itself had problems (bad debt, etc). The double whammy...lol... The double whammy for me would be trying to cover a shorted stock which has depreciated nicely and having to use clown-bucks (clown-yen?) which have depreciated just as fast! I mean selling a stock is the same as buying dollars right -- and they're printing more of them!