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: The Philosopher who wrote (7056)3/13/1999 8:58:00 AM
From: Bernie Goldberg  Read Replies (1) of 18928
 
Hi Chris,
The point that I was originally trying to make was not to spend too much effort trying to determine a perfect entry point.
I recently bought 3com at 38 it's now 26 and AIM has given me the opportunity to buy twice. I'm not worried. I'm pretty sure that 3COM is a company that will come back.
In the experiment that I used I ran a 7 year chart on Mr. Lichello's hypothetical stock started at $5. In seven years $10,000 turned into $600,000. We should all be so lucky!!! Granted it's not as good as 1,000,000. But I think it proves that AIM works no matter where you get in. If one purchased a stock that NEVER changed price you would still be ahead of buy and hold with that stock. The reason for this is your cash reserve would be earning you interest.
The only way that AIM loses to Buy and Hold is a stock that you buy at the absolute bottom which goes up continuously and never has a correction. You will still make money with AIM but not as much as Buy and Hold. By the way, if you know of such a stock, please let me know. I will probably still AIM it just in case your information isn't 100% accurate.
The only way to lose actual $$ with AIM is to buy a stock which goes down and does not come back. That's why it is so important to check the stability of the companies you purchase.
Hope this sheds some light on the subject for you.
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
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News