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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best -- Ignore unavailable to you. Want to Upgrade?


To: Jim Battaglia who wrote (707)1/4/1998 7:18:00 PM
From: Jim Battaglia  Read Replies (1) | Respond to of 4158
 
There are many investors that questioned me on how to begin a portfolio in the INVEST N BEST and AIM and how did this all begin? I recently received a email from a reader that I would like to answer some of his questions on this post By doing so, it may also clear up some questions you may have .

Question?
What is the best way to get started in this system?

Not knowing what Market experience each indivdual may have, I will tell you where AIM and INVEST N BEST began for me. It was 1988 when I recived a christmas gift from my wife. It was a simple book with a interesting title. "How to make $1,000,000 in the Stock Market...Automatically." by Robert Lichello. This book had fascinated me because as many books are wriiten about how fortunes are made, I could have written a book on how you can lose $1,000,000 in the stock market. That is the opportunites I missed out because of wrong decisions I have made since I began investing in the 1972.

So when Lichello came along, I was tired of losing money and wanted a way to take advantage of market swings. It was in 1994 I first became aquinted to Tom Veale (prodigy fame) and became a 'pin partner" discussing AIM on the bulletin boards. Tom now has a great thread on Silicon Investor and yes, he is still writing about AIM. You can get more info by going to these topics:

AIM USER GROUP HOME PAGE
execpc.com

AIM WEEKLY NEWSLETTER
execpc.com

AIM STOCK EXAMPLE
wwwexecpc.com

AIM FUND EXAMPLE
execpc.com

In 1994 I met William Donoghue (old Mutual Fund Guru) in Florida and was with him when he was promoting his book "Mutual Fund SuperStars, Invest In The Best, Forget About The Rest." I am not sure if that book is still in print, but it is a good book to start to understand more about the INVEST N BEST philosophy that I talk about.

A good way also to get started is to follow the advice on this thread with a small amount of money until you are confident in the approach and is something that you can do yourself comfortably.

QUESTION

Are There any posting at this time or other sites that give a step by step process?

I have attempted in my thread to discuss in a logical order how I determine what is the next buy or sell in AIM as well as be upfront and candid about INVEST N BEST funds to look at. I focus on the funds performing better than the S&P Vanguard 500 fund. It is thatsimple. The key is to find the software to do this. Tom web sight listed above will give you a step by step process along with a question and answer section to help you get started.

QUESTION
What software packages are most commonly used for number crunching?

AIM is easily done by the NEWPORT software. See this sight for more details:
execpc.com

INVEST N BEST is crunched by having the FastTrack database.
fastrack.net

There are a number of add on softwares available there you can purchase that will give you the numbers that you need to operate the BEST . They are FastTools and RUBE.

QUESTION

What system would you recommend for a beginner to Fidelity Select Switching System?

You can follow the weekly INVEST N BEST models each week. The FIDLO SIGNAL is a good conservative approach with this system. I will continue to attempt to educate investors on the ways to identified the BEST funds to use.

FInally, I used John Murphy as a cross check on the INVEST N BEST selections. John is the best known "Market Chart Analysis" known due to CNBC. John now has his own web sight and altho he doesn't recommend specifics he usually gives a good analysis of the market leaders. It's important that INVEST N BEST is on the same page. We are usually ahead of his commentary. murphymorris.com

I hope you find this helpful and add some insight into this truly excitng world of Investing.

Jim