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


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Where do I put my cash?
Date: Thu, 27 Jun 2002 08:18:18 -0500

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Hi Pat,

Give Schwab a call and ask them this question, they're good about giving =
you options. Also consider their high yield money market fund (still not =
a great return, but better than 0%): SWVXX. I believe the minimum to =
open is $25K, lower if the money is in an IRA account.

Katherine
  ----- Original Message -----=20
  From: Patrick Keeley=20
  To: canslim@lists.xmission.com=20
  Sent: Thursday, June 27, 2002 6:53 AM
  Subject: [CANSLIM] Where do I put my cash?


  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

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<DIV>Hi Pat,</DIV>
<DIV>&nbsp;</DIV>
<DIV>Give Schwab a call and ask them this question, they're good about =
giving=20
you options. Also consider their high yield money market fund (still not =
a great=20
return, but better than 0%): SWVXX. I believe the minimum to open is =
$25K, lower=20
if the money is in an IRA account.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3DPatKeeley777@cableone.net=20
  href=3D"mailto:PatKeeley777@cableone.net">Patrick Keeley</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, June 27, 2002 =
6:53=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Where do I =
put my=20
  cash?</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3D"QuickType II Mono" color=3D#0000ff size=3D2>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff size=3D3>About a =
year and a=20
  half&nbsp;ago the company I work for allowed us to transfer our =
pension=20
  savings to a brokerage (Schwab)&nbsp;account? I want to get into =
individual=20
  stock investing and decided to be a CANSLIMer. However the M has kept =
me out=20
  of the market the entire time.</FONT></DIV>
  <DIV><FONT face=3D"Times New Roman"><FONT size=3D3><FONT=20
  color=3D#0000ff></FONT><FONT =
color=3D#0000ff></FONT></FONT></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff size=3D3>My =
question now is=20
  where is a good place to accumulate interest? The money market fund =
where my=20
  cash is now is almost worthless.</FONT></DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff =
size=3D3></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff size=3D3>I =
certainly enjoy the=20
  wealth of expertise on this board and can't wait until the stock =
market turns=20
  around so I can invest.</FONT></DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff =
size=3D3></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff size=3D3>Thanks in =
advance for=20
  your help.</FONT></DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff =
size=3D3></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Times New Roman" color=3D#0000ff=20
  size=3D3>Pat</FONT></DIV></FONT></DIV></BLOCKQUOTE></BODY></HTML>

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