A.I.M Users Group Bulletin Board Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JZGalt who wrote (8468)	9/6/1999 5:06:00 PM
From: OldAIMGuy	of 18928

Hi Dave, "although I am starting to see some AIM outperformance in the truly volatile ones" Using VTSS again as an example, I noted that my initial committment of cash and equity to VTSS was about $20,000. In the price collapse last Fall, I spent an additional $28,000 from the Cash Reserve to buy more stock! Since I don't have another income stream to fund my Cash Reserve, it was up to AIM to have created the Purchasing Power through previous selling. Further to note is that the $28,000 that I spent was about half of the total cash in reserve at the time. More aggressive buying would have solved that problem, but I didn't feel that the market fell far enough to justify spending more than I did at the time. (Also, that money was probably already spent on other stocks that had fallen further!!!) Best regards, Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next