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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: LemonHead who wrote (6947)	2/27/1999 1:37:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Keith, Since I'm taking the dividends as an income stream, I just have the broker send me the dividend checks monthly. If you didn't need the income, you could let it deposit and compound in the Cash Reserve or have it reinvest. GSF is my primary "money tree" for monthly and annual expenses. Best regards, Tom

To: LemonHead who wrote (6947)	2/27/1999 6:27:00 PM
From: Bernie Goldberg	Respond to of 18928

Hi, To: +Bernie Goldberg (6940 ) From: +LemonHead Saturday, Feb 27 1999 11:44AM ET Reply # of 6950 Bernie & Tom, You can get the dividends in cash or if your broker provides it, they can be reinvested. I guess I'm missing something here. Why wouldn't you place your cash reserves here? It appears that you would make more interest for AIM. Let's say you wanted to use GSF for a supply of cash and you needed $7000 a year of income. You would invest $69,300 in GSF. Assuming a rate of 10.1% you would get a monthly dividend check of $583.27. i have my broker put this in the moneymarket fund and we write checks against it. This way we earn about 4.5% interest on the money until we need it. Every little bit helps. I believe Tom runs an AIM program with GSF and about 10 % cash. The price doesn't change that much at least in recent history, nor has the dividend. The reason you would investing in GSF or some other Closed End Bond Fund would be for an income stream, not to see it appreciate. hope this helps, Bernie