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 : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Simon who wrote (10996)	12/11/1997 3:14:00 PM
From: Mike M2	Respond to of 18056

Simon there are mutual funds which you can buy in IRA that short Rydex Ursa and Prudent Bear fund. Mike

To: Simon who wrote (10996)	12/11/1997 3:17:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 18056

I don't know how safe money market accounts at brokerages. One hopes that some combination of accountants and government regulators keeps them honest, and that the government insurance covers money market funds. I think the regular accounts are in commercial paper that is highly rated by Moody's or whoever. 90-day loans. But I just figure, why worry if Sears can't refinance its paper because all their credit card holders took bankruptcy? Why not have my money backed by T-bills? A small likelihood--but then I don't expect my house to burn down either. So I sacrifice maybe a third of a percent--I don't know exactly.