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

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To: Bernie Goldberg who wrote (10462)3/20/2000 8:30:00 AM
From: OldAIMGuy  Read Replies (1) of 18929
 
Hi Bernie,

"Mr. L. makes it very clear in his book that one should only consider AIMing with $$$ that were not going to be needed for at least 3 to 5 years."

This is one of the hardest parts for new AIMers I think. Most folks have been indoctrinated to be short term investors and have a hard time thinking about long term.

It's why reading Thomas Phelps' book (basically Study, Buy and Hold) is a good counterpoint to what is advertised on CNBC.

Best regards, Tom
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