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Re: louismg post# 819

Monday, 07/07/2003 2:48:20 PM

Monday, July 07, 2003 2:48:20 PM

Post# of 147308
What to do with the cash?

I, like others, am now sitting on a lot of cash from selling stocks and taking..... profits. Right now it is sitting in a money market fund, but that fund's expenses and low performance means that my cash is being nibbled away monthly.

Where in the world can one put cash right now and still be liquid enough to use it to buy stock or whatever?

Or even if one didn't need short term liquidity, is there any place to put cash right now? It's cash I don't need for several years, but would like to be able to buy stocks with it when/if I find good stocks priced right.

Anyone got any clever ideas for storing investment "powder?"

Jim
(is Jim)
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