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

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To: Steve Grabczyk who wrote (14003)	12/19/2000 8:48:22 PM
From: LemonHead	Read Replies (2) of 18928

Hi All, I just got done updating the Mutual Fund Distributions for my Wife's IRA. All the funds are in the FirstHand Fund family. She has TEFQX, TIFQX, TLFQX and TVFQX as the foundation of her pyramid. I thought the distributions for TIFQX and TVFQX to be impressive and very happy that they were in an IRA. Stay with me (this is a long Post), but I have a point to emphasize. This is intended for those that may be new to AIM and to those that may be structuring their risk management foundation. I know that people are receiving year end bonus checks etc, and they what to put that money to work in a prudent manor asap. The thread has primary discussed the mutual fund families of Profunds, Rydex and FirstHand Funds for AIM management. I want to emphasize the potential of a good fund to return quickly to strong profitability as opposed to a single equity or stock. The best companies will draw most of the investment money when and if the climate changes to a positive direction. No fool could be the wiser. Don't think that you can pick the stock, the industry or the time. Let the best mutual fund managers call the shots at this junction. I think all AIMer's would be more responsible if they managed all their risk as if it belonged to some one else. For those that are new with less experience, read from those that are. Who are the one's on this thread with cash reserve, who are the ones still buying and what investments are they talking about? You can not duplicate, but you can learn how to be successful in managing your risk in the market. Tom doesn't manage the Alumnus account by pouncing on every stock that hits a 52 week low (now some are at 2 year lows), but with a great volatile fund and a strong bond fund. I'm not perfect with my wife's IRA and neither is Tom with the Alumnus fund, but they are foundation blocks that will weather the worst of storms. If you manage your own risk as you would that of some one else dear to you, then IMHO you're growth will be steady and profitable. FWIW Keith PS - Here are some links that Tom put me through as an exercise on funds that came back quickly. Message 13040609 Message 13052324 Message 13054731

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