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

To: mark collins who wrote (6890)	2/23/1999 7:01:00 AM
From: Bernie Goldberg	Respond to of 18928

Hi, You want to pick a fund that has a high beta. You should also set your buy safe at zero and your sell safe at ten. If you are dealing with a discount broker, which you should be, they will have a list of funds that they offer which are no transaction fee and no load funds. If you are not dealing with a discount broker make sure you buy a fund that is no load. Get a prospectus and check the annual expenses. The average expenses for a mutual fund are about 1.5%. Don't go with a fund whose expenses are much higher than that (preferrably lower). Most financial magazines, Smart Money, Kiplinger's, Money, Forbes etc have annual lists of funds that will give you all the data you need. Tom has some research that he has done from Forbes which has one of the best lists. It rates funds on

To: mark collins who wrote (6890)	2/23/1999 7:16:00 AM
From: Bernie Goldberg	Read Replies (1) \| Respond to of 18928

Hi, Sorry for the interruption, my keyboard stuck so I had to exit and then reenter. I am going to have to call Dell about this. You should be able to get the Forbes Magazine in your library if they keep the back issues. I'm not sure of the exact month but I believe it was in August or September. What you will be looking for is funds that are top rated that is "A" in up markets and bottom rated that is "D" or "F" in down markets. If you follow this procedure you will have a good fund to establish a base for your pyramid. i would recommend that you invest a minimum of $10,000 if you want to start with AIM. If you start with less you wont have too much in the way of transaction action no matter which fund you pick. If you don't have that much to start with you should probably use Twinvest which is also explained in Mr. L's book. Hope this helps. Bernie