SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rgammon who wrote (17119)10/19/2001 10:24:00 AM
From: Bernie Goldberg  Read Replies (1) of 18931
 
Hi,
It is nice to know that we agree in the first two paragraphs of your post.
Believe it or not it is also nice to know that we disagree in paragraph three.
You wrote:"Now, this is where my point is being made. Our intent is to add a fixed income component to our portfolio, a holding that bridges the foundation and the middle layers of our investment pyramid. This component is one that we will grow using our AIM tool. The income will be used to fund other investment choices. We have carefully examined the volatility and made choices for SAFE, min trade, and Cash Reserve that seem appropriate for this investment. We have made our choice on trading frequency. Now, we only need to select our entry point. The math of AIM tells us that our entry point relates only to the size of our cash reserve at the start. 4 or more cycles later, we'll be at essentially the same point, regardless of what price we chose to make our initial purchase.
Your items of importance for selecting this fund are:
#1 Income
#2 Volatility
#3 Trading Frequency
#4 Entry point.
You don't seem to worry very much about what the fund is investing in at all. You make absolutely no mention of that in your selection criteria.
AIM however is very definite about selecting quality merchandise when you invest.
Let's talk about two different CEFs, each having exactly the same investments in its portfolio. We will call them Fund A and Fund B.
Fund A is selling at a 10% premium and Fund B is selling at a 10 % discount. Which one would you purchase? This is a simple question which deserves a simple answer.
I will hold any further comments until I receive your response.
Bernie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News