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Text File  |  1992-12-23  |  801 b   |  21 lines
  1. Newsgroups: misc.invest
  2. Path: sparky!uunet!usc!venice!gumby.dsd.trw.com!meltami.dsd.trw.com!suhre
  3. From: suhre@meltami.dsd.trw.com (Maurice E. Suhre)
  4. Subject: Re: street name vs delivery
  5. Message-ID: <1992Dec23.223229.15434@gumby.dsd.trw.com>
  6. Sender: news@gumby.dsd.trw.com
  7. Organization: TRW, INC.
  8. References: <22DEC199211174469@csa2.lbl.gov> <1426500311@igc.apc.org>
  9. Date: Wed, 23 Dec 1992 22:32:29 GMT
  10. Lines: 9
  11.  
  12. One advantage of keeping certificates in street name has to do with
  13. dividends.  If you receive them into your brokerage account, they will
  14. be "swept" into your money market and begin earning interest (with some
  15. exceptions).  It also simplifies your tax reporting -- the dividends
  16. received will be totalled right there on the brokerage statement.
  17.  
  18. -- 
  19. Maurice Suhre
  20. suhre@trwrb.dsd.trw.com
  21.