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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (13186)10/14/2000 6:20:14 PM
From: matvest  Read Replies (1) of 18928
 
Hello to Experienced AIMers,

I am a newbie and very impressed by what I have read. But, I have some questions and will appreciate any advice from some of you experience AIMers. First, let me say I have read Mr. Lichello's book and some of the AIM-Users site as well as lurking here for awhile. All of these question may have been addressed, but I missed the answers.

1. How do you minimize tax consequences? Do you track lots?

2. How often do you run your stocks and Mutual Fund's through AIM. The Book indicates it should be monthly or quarterly, but some of the posts here seem to indicate daily or weekly? The book also says you should ignore AIM buys and sells except when you do your AIM checkup monthly. But Tom indicates he uses GTC orders which of course can and probably will be executed in between checkups.

3. I am interested in using software and have located two programs - Automatic Investor & Newport. What are the pros & cons of the two programs? If you prefer one, may I ask why?

Thanks in Advance. I am sure I will have more questions and do hope one day I will be in a position to help some other newbie.

Larry
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