Speaking of the discontinuation of AIM-Users.com, do you have any opinion about why AIM information is so hard to find on the internet these days, or why there is such a relative few people who seem to be using it?
Given what I believe to be the superior nature of AIM trading and the discipline it enforces through automation, I can't understand why it is not more popular today.
I have a couple of guesses though. Is it simply not "exciting" enough for most people, taking much of the gambling aspect out of investment management? I think investing appeals to the gambler in many people AIM takes a lot of that away. Personally, I find that one of its most appealing features.
Perhaps another reason is simply the death of the father of AIM, Robert Lichello, in 2001. With no one (that I'm aware of) taking up the mantle of publishing and updating AIM books, AIM seems to have mostly fallen into the proverbial dustbin of investment programs.
With the announcements earlier this week that Schwab and other brokerages were doing away with most of their commissions, AIM becomes even more appealing to me.
Commissions have not been a burden for years for most people when using discount brokerages, but short of paying a person to trade, nothing beats free.
Anyway, I'd be interested to know your thoughts or anyone else's about AIM and its lack of popularity today, at least as I perceive it.
Thank you. |
