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

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To: Dave Johnson who wrote (7814)6/29/1999 10:06:00 PM
From: Dataminer1  Read Replies (1) of 18928
 
Hi Dave,

Very interesting post about AIM stock selection. I would like just to add a comment about using mutual funds in AIM.

On the other hand I believe AIM should only be used for stocks and not Mutual funds.

How about a closed-end or sector fund? It seems that under certain circumstances, such as a very long time horizon, these vehicles could be perfect to drive AIM. After all, what are the possibilities of a sector-fund or country fund going to 0? To boot, some of them pay a "fat" dividend. Imagine earning more than the long-bond on your"cash reserve". Some of the AIMer's I think have had a nice move in the Asian funds lately. Then there's the UOPIX gang..

I believe if you are going to invest and AVERAGE DOWN as AIM does, you better be DARN sure you are throwing money into a company that will be around for a long time.

I agree completely, unless your AIMing some hot IPO for the next 6 months. I see a bunch of charts here where AIM would have crushed the buy/holder. Hey, then you can simply sell out!

AIM is what you make it. You have a lot of flexibility in the way you manage each particular holding. As long as you stick to the basic rules : buy low and sell high, you can pretty much control the rest.

I agree with you that AIM works best with stocks, however, I don't we should limit the possibilities. I wish I could AIM my 401k...hmm..

Regards,
D1
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