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


To: Bernie Goldberg who wrote (12690)9/4/2000 12:15:11 AM
From: doniam  Read Replies (3) | Respond to of 18929
 
I've been out of commission for a few days, but the newly installed cable modem is humming. I see a big variance in the reported speed, from 680k to 120k, but in any case much better than the 15 to 20 achieved with a 56.6 dial-up. Unhappy camper for a time when it was completely down. The techies decided that it was a bad Ethernet card, so installed a new one in a different slot. Running fine now except for the three lockups I've had today.

I wandered quite a way from the topic of AMZN and AIM, but would you folks comment on the approach I am following.
The stocks in a tax free account are traded with a $500 minimum per trade, so I think I am netting if the SAFE range is 20%, 16% after two ten dollar commissions. I pay no attention to the number of shares this represent as I don't see that it makes any difference. The 100 share etc. is a throwback to the old days of higher commissions and odd lot fees. It seems that the trade is always just a bit over $500 and I use resting limit orders.

My AIM mutual funds are traded with a $100 minimum (IRA Account) although the program seems to trade a higher amount usually $200-$300. I suspect that the size is being controlled by the SAFE % rather than the dollar minimum.
To further complicate the picture, I am gradually adding to the investment in these funds. I expect to add about 50% to the current value over the next two years. My answer to this is not to take the sells, just the buys. The buys would be enough to hit my target value and the sells would be handled with "vealies" A nice redneck named LemonHead gave me the secret to accomplish this in Newport.

OK Guys, comments please.
-Don