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

To: LemonHead who wrote (12084)	7/16/2000 11:53:59 PM
From: fuzzymath	Respond to of 18928

Hi Keith -- most mutual funds are changing their rules to penalize any trading of the type that would let you make AIM-like decisions (never-mind my much shorter-term buys and sells). One contrarian to this trend is Rydex Funds rydexfunds.com -- which is taking advantage of this "let us do the managing or else we'll penalize you" attitude by welcoming short-term traders. They have retirement plans, IRAs, etc. And you can switch from one of their funds to another on a daily basis without penalty. I believe their minimum investment is $25,000. Kevin

To: LemonHead who wrote (12084)	7/17/2000 1:10:54 AM
From: doniam	Respond to of 18928

Another thought Keith would be a Load fund. If you look at the cost to own rather than the cost to buy, many of them compare very favorable to the no loads as the ongoing cost e.g the 12b1 fee is less or none. I own funds in the American Funds, Delaware and Oppenheimer families. They have no exchange restrictions and have low exchange minimums. I would normally recommend the class A shares as they are a bit cheaper in the long run, but for an AIM program B shares might work better as you will only pay the deferred sales charge on the shares Mr. AIM has you sell and the others eventually convert to the lower overhead A shares. -Don

To: LemonHead who wrote (12084)	7/17/2000 8:29:54 AM
From: rgammon	Read Replies (2) \| Respond to of 18928

RE: At the Cross Roads Keith, With an A+ rating on Eve IRA, and with new trading rules for your wife's IRA, then why not move lock, stock, and barrel into something else. With the Sypders and their derivatives, WEBs, HOLDRs, iShares, and the expected offering of Vanguard's equity funds in Spyder-like instruments, you can maintain a basket of stocks and still AIM trade them. Plus you now get intra-day trading, limit orders, options, etc. Scott Burns, in his opinion piece published today, argues that all these exchange traded shares may just put a dent in the mutual fund industry. See www.scottburns.com I empathize with your quandry. Exit rules are just as tough as entry rules. I have only exited ONE AIM so far, then only because the stock got bought out (I sold my shares in the market a few weeks before the deal closed). Now, I am lecturing myself to have the strength of my convictions. The argument is FOR pile everything you've got/can get into Tech stocks, especially TXN, and maybe VTSS. After all $10K invested 5 yrs ago (Buy 'n Hold) in TXN is now worth about $160k, and in VTSS case is about $250K. My view of the future for these stocks is that this performance is highly likely to repeat, the next 5 years appears to be a brighter future than what we saw 5 years ago. The argument AGAINST is YOU STUPID SH?T, ALL your ASSETS in ONE (TWO) STOCKS??? AND BORROW MONEY??? THIS IS CRAZY!!!!!! As it is, you are TOO concentrated, and you're talking about ULTIMATE concentration??? To distract myself from this argument, I have been learning about preferred stocks. Dividend rates are running 8%-9% on high quality domestic issues, and nearly 10% can be achieved on very high quality foreign issues. These are really not AIM-able investments. It takes pronounced moves in interest rates to have a significant impact on prices. In this respect, they are much like a bond fund. Tom can tell us just how often he trades his bond fund. Robert- Mr AIM Aggressive

To: LemonHead who wrote (12084)	7/17/2000 8:58:10 AM
From: bob wallace	Respond to of 18928

Kieth just to carry Rydex one step further - I was out to their site yesterday and they are now talking about intraday exchanges this fall - the advantage over spdr's, qqq, etc is 1) no transaction fees [all these instruments have a management fee, some smaller than others] and 2) greater volatility as many of the Rydex funds are leveraged. and of course, where ever rydex treads, ProFunds is not far behind Bobv

To: LemonHead who wrote (12084)	8/12/2000 8:12:35 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi Keith, I'm trying to catch up with about 300 posts so forgive me if this has already been responded to. Some time back you told me you were only Aiming you wife's IRA. You wrote I feel that it is my financial duty to protect the IRA's at all cost. With an A+ I would say that AIM is doing the best job and would recommend letting AIM protect the IRAs. At what point would you consider letting AIM handle the rest of your investments. Yoiu wrote: But some how one needs to know when to harvest and not let the fruit rot on the vine.? I always thought that this was precisely what AIM does. My perception of AIM is that it takes care of the exits. By the way with my friend's AMKR AIM program. When the cash reserve had gotten large enough to do it, we removed $10,000 in cash which represented her initial investment in AMKR. She now has 319 shares of AMKR and 97 cents in her cash reserve which hasn't cost her a penny. We placed the $10,000 in XLF on March 15. That AIM program is up about 8% since then showing a profit of $751 not counting the dividends on the Cash Reserve. I also would like to get another AIM 2000 hat. I made some money at the Blackjack table on the cruise even tho I lost my hat (not my shirt) there. Bernie