To: William W. Dwyer, Jr. who wrote (1749 ) 1/16/1999 3:53:00 PM From: LemonHead Read Replies (1) | Respond to of 3216
I'm new to the AIM system (setting up the software today and just recently read the book). Simply stated, It is a business plan for managing your holdings. In the words of Veale, "It is an Equity Warehouse". Having a couple of warehouses, I can relate to that statement in this sense. I stock copper wire, it is somewhat of a commodity and the price fluctuates. To make a profit four things must take place on a consistent basis. Buy as cheap as I can, Sell as high as I can, keep sufficient stock to satisfy customer demand and keep sufficient cash so I can replenish the shelves. I earn my profit on the turns . Like all systems this system is not meant for everyone (think about Warren B.?). It is for me based on the following reasons. 1) Don't have the time to devote for proper education. AIM requires my attention once a week. 2) I have proven to myself that I can not articulate a profitable plan to Conquer the Stock Market with. AIM software allows me the use of an established and structured Business Plan (warehouse system), I just have to pick the right items for that warehouse (preferably items that are in demand). 3) I'm not trying to Hit Home runs. AIM directs me on a steady unemotional path of small wins (so I can pay taxes, yea!). The bottom line, you still have to pick the stocks or funds, IMO AIM does favor growth and especially the ones that fluctuate but ultimately make newer highs. Tom Veale has a well established web site with links to many other useful web sites including the available software. Like so many on this thread, Tom and his Band will help anyone anyway they can. For info visit the following Links.Subject 12596 execpc.com execpc.com execpc.com Tom has started a new site today on a mutual fund managed under the AIM system, worth a visit.Subject 24960 Keith