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

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To: Bernie Goldberg who wrote (15457)	3/31/2001 12:34:54 PM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Bernie, I think that starting AIM by the book is the safest. That's exactly the example I created. I was there in 1988 and did stick my neck out. I had no cash left. I'd invested it in an AIM like fashion in 1987 and earlier, but not yet adopted Mr. Lichello's methods. It was AIM's better purchasing methods that convinced me to make the change. I could have sold half of my stocks and started from that point. However, I didn't. I let AIM flesh out the Cash Reserves over time. It did a great job in a bumpy market from 1988 through 1991. It can be done. All I asked is that someone investigate the practicality of using AIM but starting with the original cost base instead of a loss position. It never ran out of cash. I can't guess the future either, but this is the way I'd start out now. Knowing that I'd followed AIM's advice and averaged down would be more "proactive" than just rolling over and saying the market licked me and I'll start my investing behind the 8-ball. Your method guarantees low performance, mine guarantees AIM's intended performance. Best regards, Tom

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