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


To: Esvida who wrote (3613)12/19/1997 3:59:00 PM
From: OldAIMGuy  Read Replies (3) | Respond to of 18928
 
Hi Al,
"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." Sound logical!!!

If you are planning to have individual stocks in that 401K, then $25K is good for one or two active AIM accounts. There's some good shopping in the Tech area right now - everything's on sale! Check that you are buying good, fundamental companies, and then place your bets!

My IRA has beaten my regular account on an average basis since 1990 and it's invested in just one mutual fund. AIM's cash reserve replaces lots of the need to be diversified.

Congratulations, glad you liked the book. Now when you go back to our Web Site, some of that stuff will make a bit more sense.
( execpc.com ) At least the graphs do wonders for me relative to long lists of numbers in Mr. L's book. Please just ask as the questions surface.

Best regards, Tom



To: Esvida who wrote (3613)12/19/1997 5:10:00 PM
From: Linda Kaplan  Respond to of 18928
 
Al,

Personally, I'd buy one stock with $25,000. Remember, you're keeping half of it out, in cash. That will give you reasonable leverage in the stock. But as Tom says, two would be okay, also.

Linda



To: Esvida who wrote (3613)12/19/1997 7:49:00 PM
From: Bernie Goldberg  Respond to of 18928
 
Hi AIle,
I would suggest two AIM programs with $12500 in each. You then split each one about 50/50 stock/cash. Following Mr. Lichello's 5% or $500 rule your activity would be slightly limited at the outset, but if you pick active funds or stocks and are patient with them in the long run you will be rewarded.
Lots of luck!
Bernie