offlist--RE: [CANSLIM] Going to Cash

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: offlist--RE: [CANSLIM] Going to Cash
Date: Fri, 1 Aug 2003 08:26:35 -0500

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Hi Kelly,

Who is your custodian for the SEPIRA? *Within* the SEPIRA account, you
should have the option to move your funds to a money market account, but
you'll be limited as to what you can use based on what the custodian has to
offer. For example, my SEPIRA account is with Schwab, a separate account
from my taxable Platinum account. The funds have to stay within the account,
but can be transferred to any individual equity, money market, mutual fund,
etc. that Schwab has to offer.

Katherine

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Kelly Short
Sent: Friday, August 01, 2003 8:22 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Going to Cash


"S" (Smithers?),

Thanks for the link. I'm definitely open to suggestions considering most
money market accounts are generating a whopping .69%. However, I'm a bit
confused as to process. I know that I must keep my SEPIRA funds separate. A
question to the group- how flexible is the IRS (I know, no one here's an
accountant, I'll confirm it with my accountant. Yada yada yada.) in allowing
you to move funds from a SEPIRA into anyone's money market fund?

To keep this thread on the topic of CANSLIM...has anyone in the group
recently gone to cash considering M's recent action? (I'm not saying its
right or wrong...)

Kelly

- -----Original Message-----
From: sgoodwin@cfl.rr.com [mailto:sgoodwin@cfl.rr.com]
Sent: Thursday, July 31, 2003 7:48 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Going to Cash


Hello,

Try looking into IRAs @:   http://netbank.com/investments.htm

Don't know if they will fit your situation?  Think they return a whole 2.1%
or
so!  Yippie?

Good luck.

- - S

> Katherine, Gene, and John,
>
> Thanks for the advice. I'll check out the SWVXX (woohoo! 0.69%! where's
> the ING of the SEPIRA world?).
>
> Kelly
>
> -----Original Message-----
> From: Gene Ricci [mailto:genr@swbell.net]
> Sent: Wednesday, July 30, 2003 5:35 PM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] Going to Cash
>
>
> Hi Kelly, with the going rates... your cash equivalent may closely match
> putting your funds in a tin can and burying them in your back yard or
> under your mattress if you have no yard.
>
> Schwab has a fund that I use (SWVXX) called Value Advantage.
> Minimum is $20,000 for IRA
> and $25,000 for taxable acount.
> Current Yield 0.39% money market
> SWVXX 0.69%
>
> Other brokers have something equivalent so I have been told.
>
> Gene
>
>
> ----- Original Message -----
> From: Kelly Short <mailto:kelly.short@fw.us.neoris.com>
> To: canslim@lists.xmission.com
> Sent: Wednesday, July 30, 2003 4:39 PM
> Subject: [CANSLIM] Going to Cash
>
> WON wisely states that when markets turn downward going to cash is the
> wisest choice to reduce losses. Can someone recommend a "cash
> equivalent" that I can utilize? I have an IRA-SEP account so removing
> cash to put into a savings (e.g. ING) or other account would not be
> possible. Your thoughts on the subject are greatly appreciated!
>
> Kelly
>
>






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