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|Subject: Re: Dry Powder or Vwitx?||Date: 1/15/2012 8:16 AM|
|Author: codger41||Number: 33589 of 35222|
You hit the nail on the head:
>>Or parking cash with low(ish) risk but with better returns than FDIC accounts?>>
I don't need the income from this money, just hate to see it sit idle. And it has been sitting there for a while. My gut feeling is that the market is going to go through a bad spell soon, providing a good entry point.
I have the cash in a Schwab bank account tied to my personal stock account so that I can transfer between the two at a click of the button.
I am going to think about this some more. After all I am not losing much income opportunity in this low interest rate situation.
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