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

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To: LemonHead who wrote (7709)6/15/1999 2:14:00 PM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Keith, Have to concur with everyone here so far. If you want my opinion on the FORBES magazine issue of mutual funds, go to my MUTUAL FUNDS FOR AIM page:
execpc.com

I've sorted the funds to make up as good a list for AIM as I can.

The smallest AIM account I ever started was at $3600 total and it has done nicely in the last 9 years. However, don't expect more than about one trade per year average and lots of "vealies" along the way. Remember that if there's even a $250 minimum order at the fund, it will be a HUGE trade compared to the invested side of a $2000 account. So if you sell once, there will be a long stretch of "vealies" before the next sell order is placed.

TWINVEST is a great way to get an account up to size while also building a cash reserve for future AIMing. This is the best bet for a small holding.

Best regards, Tom
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