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

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To: duke-nukem who wrote (15400)3/28/2001 4:53:16 PM
From: OldAIMGuy  Read Replies (1) of 18929
 
Hi Duke, It's such a confusing environment for starting an account that advice is hard to give. Right now the Idiot Wave is suggesting a 41% Cash reserve with 59% invested for starting new Stock accounts. I just started one today at that ratio for my daughter.

But since you already have an existing investment (at what must be a higher cost than the current value) it would be nice if you could both take AIM's advice and average down and still have some cash left over in case the price continues to fall. I guess for now you could add enough cash to get the current buying out of the way and then just add more as needed.

For the Strewie Award please read:
aim-users.com
and see
aim-users.com
It's for people with bad AIM who shoot before removing the pistol from the holster!

Steve G. is the current holder. He's been trying for a second season, but competition is very tough! His nameplate will be affixed at this year's meeting indicating he was the FIRST!!!

Best regards, Tom
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