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


To: OldAIMGuy who wrote (3612)12/19/1997 3:11:00 PM
From: Esvida  Read Replies (3) | Respond to of 18928
 
Tom et al.,

I have managed to squeeze in the AIM book and almost finished it. Due to personal taxation reasons, I will only be able to use it for my 401K account. I currently have my 401K managed by Fidelity and one other small outfit. The reason I did not dare to manage my own 401K until now is my reckless investment style, which I expect to continue on the non-401K money. My reasoning was that in the worse case when I managed to zero out my after-tax money, I still have something to fall back on in my old age.

My plan now is to consolidate two small 401K accounts of about $25K into a 401K at my broker or mutual fund to test out my discipline first. If I do well in following AIM from a discipline viewpoint and hopefully also from a result viewpoint, I will consolidate everything into that account a year or two hence.

How many stocks should I diversify in with about $25K? Thanks so much for everyone's help so far.

-Al



To: OldAIMGuy who wrote (3612)12/19/1997 7:07:00 PM
From: Ray Jahn  Respond to of 18928
 
Tom, Thank you very much for all the good information on AIM I will study it and let you know what I do next. This is a great Thread!!

Thanks Ray Jahn



To: OldAIMGuy who wrote (3612)1/12/1998 8:26:00 PM
From: Ray Jahn  Read Replies (1) | Respond to of 18928
 
Tom and All: I just received my Newport program and had a couple of questions. I have accumulated shares for a couple of years now (TWCUX) and around the 5th of Jan I coverted 30 % to cash, do I use the Jan 5th price or todays to start the program? This is a 401K and there are no limits on trades I wanted to limit trades to once a month or less so do I update prices weekly? I am using your advice with a Buy Safe at 0.0% and Sell safe of 10%.

I also have access to a US Treasury fund or several Bond funds, would that be better than a cash fund yeilding 4.5%?

I hope you I didn't ask to many questions.

Thanks for all the help : Ray Jahn (a Newbee)