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Strategies & Market Trends : AIM Questions and Answers

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To: OldAIMGuy who wrote (72)11/11/1998 5:52:00 PM
From: OldAIMGuy   of 221
 
Q.........
Hi, Tom. I used AIM briefly in 1986 and 1987 and made good money on a stock that went down (thanks to AIM!) I have been in and out of the market since that time but have not used AIM since. I thought it would be more fun to make my own buy and sell decisions, but now I know that it is more fun to make money, so I'm returning to AIM. I generated a spreadsheet for Excel on my own. That was part of the fun. Now, when the time is right to sell my existing stocks, I'll then plug it back in using AIM.

Anyway, since I was getting interested in AIM again, I thought I would see if there was anything on it in the Internet. Lo and behold, there is a quite a bit, and that is how I found your web site. I expect to spend time exploring your site in the next few days. It is interesting to see that you live in Wisconsin. I also live in Wisconsin. Appleton, actually. What city do you live in?

I am 48 years old, married, and do most of my trading for my IRA through E*Trade. I have enough in there now to be able to have a real impact. All it will take is the correct management such as AIM can provide.
Thanks.....

A............
Hi KT,

Thanks for taking the time to fill out the form and send me a note. I loved the line about enjoying making money more than self-determining one's trades! I've been AIMing steadily since Jan of 1988 and, for lack of companionship, I started the AIM web site! Now we have the benefit of AIMers from all over the place sending in ideas and personal experience. I just wish Mr. Lichello were around, too!

The web site isn't very "glitzy" but has plenty of content. Since you are somewhat experienced with AIM, the Dictionary and FAQ pages should make sense to you. There's also a detailed FAQ that I keep up on the Silicon Investor pages along with our daily bulletin board of AIM stuff.

There's a number of AIM users in WI. I heard recently from a person in Madison that has some limited experience with AIM. Also, lots of local AIMers here in Port Washington (mostly they do it just to get me off their backs!). Florida and California seem to be the two heaviest states for users.

As you'll see at the web site, I've taken the AIM model and made it my "business plan" for running my investing. I treat my activity like an Equity Warehouse and let AIM be my inventory control manager. So far, so good.

As you get back up to speed, please feel free to ask any questions that come up. Also, to get a feel for the others using AIM, feel free to "lurk" at the AIM bulletin boards. There's large variations in experience but we all share a love of the AIM algorithm as a common theme.

I'll put my IRA account up as the next mutual fund example at the site. It's been with just one mutual fund since Jan. 1990 and has done quite well. Unfortunately, it's not made very good use of the Cash Reserve until this year! That account is up YTD and for the last 12 months and should do well as the market "recovers."

Best regards, Tom Veale in Port Washington
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