Hi Bob, Once I'm out of cash, then I've boarded the same roller coaster with the rest of the 100% invested group. Here's what my overall account looks like as of the end of February:
aim-users.com
As you can see, I've been running on fumes since the end of December. My IRA is now tapped out of cash. We may get some more bumps along the way that let me do some "round trips" with a bit of my inventory. Hope so or it could get real boring!
aim-users.com
Since there's so much conversation about bear markets these days, I've contemplated what I might do should we see an extended BEAR at hand. First, since I'm debt free, there's no urgency. Second, I keep a substantial bond portfolio which pays our base bills for a family of four. Third, I guess if forced to, I might find someone that would be willing to hire me! And Forth, there's always Margin to allow me to continue buying.
I'd continue to let AIM guide my buying decisions if I were to venture into the world of Margin Buying. Its methodical approach would probably keep me from messing up too badly. AIM's also quick to start to recover cash, or in the case of margin, repay borrowings.
As you can see by the graph shown above, 2000 was about a wash for me. I've remained break even to slightly ahead this year up until about a week or so ago. Now the account's fallen behind for the YTD and is back to a point it was at in mid December, 1999.
BTW, there's three great software products for running AIM now. There's also an on-line application, but I've not tried it yet. Please note that I have a freebie Excel template that was donated to the AIM site by Bill Riedeman several years ago. It will let you play around with AIM and learn how it works. Here's the address:
aim-users.com
These software companies function separate from me. My AIM pages are free and for information only.
Best regards, Tom |
