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


To: rgammon who wrote (13901)12/10/2000 10:10:05 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi RG, This adds to my previous post.....

Yes, in my last AIM buy of VTSS, I spent far in excess of my highest salaried income year in just one single purchase. This didn't cause me to hesitate, but did give me pause to reflect how my life has changed in 12 years of AIMing and 15 years as a private investor.
aim-users.com

That purchase represented an addition of 25% to my VTSS pie. From this week's Newsletter........
"As many of you have figured out over the years, I post these trades for several reasons. One is to show what activity I've had in my own accounts. Another is to show you whether the predominant effort for the previous week was Buying or Selling. Yet a third can be illustrated in this week's report by showing you the relative size of those buys."
aim-users.com

By the time I added up all of that week's purchases, it took my breath away. Who needs a trip to Las Vegas, anyway!!! I think I already have plenty of gambling in my life!!!

Best regards, Tom



To: rgammon who wrote (13901)12/11/2000 11:35:30 AM
From: Steve Nelson  Read Replies (1) | Respond to of 18928
 
Robert wrote:

We'll get to this size of trade so gradually, over such a long period of time, that we won't be all that uncomfortable with the trade size.

How true. When I started out a few years ago AIMing, daily gains/losses were in the hundreds of dollars. It was a little scary. After AIM was able to increase my portfolio size the daily gains/losses got bigger, a percentage thing I imagine. Now with the recent volatility it’s not unusually to have gains/losses in the ten’s of thousands of dollars. If I ever get my portfolio to that $2million size I’ll be accustomed to daily gains/losses of hundreds of thousands of dollars. AIM not only has helped me manage the timing of sales and purchases, it has trained me to accept big money moves without fear or greed.

The investing world seems to be divided into two camps: The fearful/greedy, our customers, and the not-so-fearful/not-so-greedy, the AIMers.

Another Steve.