Re: [CANSLIM] Where do I put my cash?

From: "Robert Gammon" <rgammon51@yahoo.com>
Subject: Re: [CANSLIM] Where do I put my cash?
Date: Thu, 27 Jun 2002 07:00:25 -0500 (CDT)

Next Article (by Author): [CANSLIM] nice article "Tom Worley"
Previous Article (by Author): [CANSLIM] Where do I put my cash? "Patrick Keeley"
Top of Thread: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Next in Thread: RE: [CANSLIM] Where do I put my cash? "Fred Richards"
Articles sorted by: [Date] [Author] [Subject]

With higher yields, you also get risk of loss of principle.  You 
will want this cash at a moment's notice when M turns around.  
You don't know whether that will be 30 days or 30 months or 30 
quarters.  Virtually everything that pays more than money markets 
also carries with it market price fluctuation.  If you need the 
cash in a hurry, market price may well be LOWER than your 
purchase price (particularly so if interest rates start to tick 
back up again).

So, how much risk of loss of capital are you will to tolerate?  
How long are you willing to tie up your capital?

Robert Gammon

On Thu, 27 Jun 2002 05:53:46 -0600, Patrick Keeley wrote:

>About a year and a half ago the company I work for allowed us to 
transfer our pension savings to a brokerage (Schwab) account? I 
want to get into individual stock investing and decided to be a 
CANSLIMer. However the M has kept me out of the market the entire 
time.
>
>My question now is where is a good place to accumulate interest? 
The money market fund where my cash is now is almost worthless.
>
>I certainly enjoy the wealth of expertise on this board and 
can't wait until the stock market turns around so I can invest.
>
>Thanks in advance for your help.
>
>Pat
>

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.