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Old August 10, 2001, 05:57 PM
Jesse Horowitz
 
Posts: n/a
Default Very Interesting, Dien...Any Advice for this Dilemma?

Hey Dien!

Sorry for my delinquency in posting over the last few weeks, as I've been out of town and then swamped upon my return.

Thanks for sharing this article -- an interesting approach MCI is taking here!

Any thoughts on solid, short-term investment vehicles, with the lousy state of the market these days?

My dilemma is that I want to buy a house within 1-2 years, and want to make a significant down payment to minimize or even eliminate the amount that will have high interest payments applied. So I don't want to tie up my money in mutual funds and the like.

But I know that my current approach of just putting the funds in a money market account is hardly a high leverage activity (shame on me! :).

Normally CD's would make sense in this scenario, but the rates are so poor these days.

Anyway, I'll conclude my rambling here, but I'd be extremely grateful for any wisdom or advice that any fine member of this board can bestow upon me!

Thanks,

-Jesse

> Did you know, if you invested in MCI
> (symbol: MCIT), you'd get a 21% dividend?

> I tend to invest for capital appreciation
> myself. But if you like to invest for the
> dividends, you might be interested in the
> following article!

> - Dien Rice

> P.S. This isn't necessarily a recommendation
> -- just some info you could be interested in
> checking out further.... I don't own any
> MCIT myself.