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


From: "Patrick Keeley" <PatKeeley777@cableone.net>
Subject: Re: [CANSLIM] Where do I put my cash?
Date: Fri, 28 Jun 2002 16:52:06 -0600

Next Article (by Date): Re: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Top of Thread: Re: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Next in Thread: Re: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Articles sorted by: [Date] [Author] [Subject]


This is a multi-part message in MIME format.

- ------=_NextPart_000_0018_01C21EC4.227BFED0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

Katherine,

Thanks for the advice. That's what I did. I switched it from my money =
market at 1.2% to SWVXX at 1.6 %. A nearly 50% increase. Not much =
difference however at this low interest rate.

Kris suggested ING Direct and that looks great. 3% return right now. =
However my pension fund has to remain at Schwab until I retire.=20

Pat
  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Thursday, June 27, 2002 7:18 AM
  Subject: Re: [CANSLIM] Where do I put my cash?


  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

- ------=_NextPart_000_0018_01C21EC4.227BFED0
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2713.1100" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT color=3D#0000ff>Katherine,</FONT></DIV>
<DIV><FONT color=3D#0000ff></FONT>&nbsp;</DIV>
<DIV><FONT color=3D#0000ff>Thanks for the advice. That's what I did. I =
switched it=20
from my money market at 1.2% to SWVXX at 1.6 %. A nearly 50% increase. =
Not much=20
difference however at this low interest rate.</FONT></DIV>
<DIV><FONT color=3D#0000ff></FONT>&nbsp;</DIV>
<DIV><FONT color=3D#0000ff>Kris suggested ING Direct and that looks =
great. 3%=20
return right now. However my pension fund has to remain at Schwab until =
I=20
retire. </FONT></DIV>
<DIV><FONT color=3D#0000ff></FONT>&nbsp;</DIV>
<DIV><FONT color=3D#0000ff>Pat</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #0000ff 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=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
  Malm</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 =
7:18=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Where do =
I put my=20
  cash?</DIV>
  <DIV><BR></DIV>
  <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=20
  great return, but better than 0%): SWVXX. I believe the minimum to =
open is=20
  $25K, lower 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>=
=20
    </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=20
    turns 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></BLOCKQUOTE></BODY></=
HTML>

- ------=_NextPart_000_0018_01C21EC4.227BFED0--



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

Next Article (by Date): Re: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Top of Thread: Re: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Next in Thread: Re: [CANSLIM] Where do I put my cash? "Patrick Keeley"
Articles sorted by: [Date] [Author] [Subject]


Go to Jeff Salisbury LWGate Home Page.