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


To: Pat Doucette who wrote (3761)1/7/1998 1:32:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Patti, Someone here on the BB is using something like the Foolish Four with AIM, maybe we can coax out an opinion on how well it's working!

Best regards, Tom (also with WebBroker from Waterhouse)



To: Pat Doucette who wrote (3761)1/8/1998 4:42:00 AM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
I think one of the things you may have to check on any index fund is what sort of restrictions they may have on transactions. In order to keep transaction costs low, these funds often limit the number of sells (though they conveniently are willing to take your $$$ as often as you'd like! :-) The logic of that sort of restriction escapes me since index funds are unmanaged, i.e. they don't have to make selections or do any research, just buy or sell (in this case) 30 stocks. Btw, are you sure the fund isn't connected to the new Dow 30 derivatives?

Bruce