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

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To: OldAIMGuy who wrote (3612)12/19/1997 3:11:00 PM
From: Esvida  Read Replies (3) of 18928
 
Tom et al.,

I have managed to squeeze in the AIM book and almost finished it. Due to personal taxation reasons, I will only be able to use it for my 401K account. I currently have my 401K managed by Fidelity and one other small outfit. The reason I did not dare to manage my own 401K until now is my reckless investment style, which I expect to continue on the non-401K money. My reasoning was that in the worse case when I managed to zero out my after-tax money, I still have something to fall back on in my old age.

My plan now is to consolidate two small 401K accounts of about $25K into a 401K at my broker or mutual fund to test out my discipline first. If I do well in following AIM from a discipline viewpoint and hopefully also from a result viewpoint, I will consolidate everything into that account a year or two hence.

How many stocks should I diversify in with about $25K? Thanks so much for everyone's help so far.

-Al
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