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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: steve in socal who wrote (9955)1/11/2000 11:58:00 PM
From: Steve Grabczyk  Respond to of 18928
 
1999 Results:

Well, I've only been doing this since Nov. 1st, so I suppose that I should have a 100,000% increase like everybody else out there during Nov/Dec! ;-)

Alas! All of my AIM holdings are not in technology winners like Qualcom.
For the exact 2 months, my total return (after commissions, plus dividends and interest) = +10.3% !!! No taxes, this is an IRA.

Does this mean that annualized this works out to +61.8% ???

I hope so! At that rate you'd get a double every 14 months.

I could handle that.

Regards, Happy in Happy (It's on my map)



To: steve in socal who wrote (9955)1/12/2000 7:21:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 18928
 
Hi Steve, Thanks for posting your results. Looks like in 1999 your higher risk "Buy & Hold" accounts paid out nicely while the more conservative Pure AIM did well but not quite up to the other account's performance.

I guess that's why you wanted the AIM 2000 meeting in Las Vegas!!

Seriously, most of the mail I get from people who ask why I use AIM point out this very thing. AIM doesn't do its best work in a Bullish year, but in a cycling one. At least it's not turning in embarrassing performance! When I look at my own graphs overall, I know that the stacked bar graph makes me feel much better than the one where I compare my performance to the NASDAQ Composite.

However, I kicked the DOW's butt this year and I believe I beat the S&P 500 as well. Does anyone have the 1999 return for the S&P? That's a bit of data that I don't keep.

My IRA return this year lagged my personal account's performance. However it's in a mutual fund that pretty much tracks the large cap averages. It's interesting to note that the IRA fund has never had as bad or as good a year as my personal account.

Thanks,
Tom