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 -- Ignore unavailable to you. Want to Upgrade?


To: THE FOX who wrote (10461)3/16/2000 8:55:00 AM
From: Bernie Goldberg  Respond to of 18928
 
Hi,
With limited funds you might want to consider using Mr. Lichello's twinvest as a method of accumulation.
Bernie



To: THE FOX who wrote (10461)3/17/2000 12:05:00 AM
From: RFH  Read Replies (2) | Respond to of 18928
 
Hi, Fox. Regarding AIM on margin, I did in fact use one of my AIM accounts to continue buying even after I ran out of cash. The stock in question was BFR.
elnet.com
Everything was going great until interest rates started rising and the stock price sank from around $27 to $16. I refused to stop buying and didn't want to fund the account any more, so I continued on margin. It took about 6 months to get back to break even, but the returns speak for themselves. Total margin interest was $102.00, but the average annual return to date comes out to almost 34%. My only fear at the time was that I would run out of margin, generating the dreaded "margin call!"

Sincerely,
RFH