Hi sf security
It is easier for me to write this assuming you know absolutely nothing about investing but I dont mean to insult you.
YOU SHOULD PRINT THIS OUT AND SAVE IT
1) use standard AIM. Forget all variants. Other will disagree.
2) Only use ETFs ( exchange traded funds) . Funds can not go to ZERO. That is important as AIM has you buy more as a security goes down. Many can be traded for free, either thru Vanguard or some of the large discount brokers.
3) Decide what you want to own for the rest of your life, AIM works over time and market cycles. You can divversify by either style or industry. Style might be large, small, forein, REIT, and bond. Industry might be oil, financial, medical or biotech, mining or minerals, technology, whatever you feel might drive the economy.
4) AIM each fund seperately
5) Start each fund with a minimum of $10,000 in stock. That will give you a min trade size of $500. You do not want to be bothered trading less than that. You can use 50 % cash ($10,000)
or the V Wave to set INNITIAL CASH RESERVE.
6) You do not need fancy spreadsheets to do the calculations, I use paper and pencil.
7) Trade only once per month. At first as a discipline, only trade on the same day per month. Later on if you want you can trade on any day as long as you did not have a trade within a month in that security.
8) I use an index card with my securities and their HOLD ZONES written on it. All I have to do is scan the card to see if I need to figure out an actual trade. The hold zone is a bit of a pain in the ass to figure out so I wrote a little program called the QUICK AIM CALCULATOR which Tom put a link to in his post to you. If you copy and paste it in to an e mail to yourself you can then move it to a file in your computer. DO NOT RELY ON THIS PROGRAM TO GENERATE YOUR TRADES WHEN YOU FIRST GET STARTED. It is important to learn how AIM works and to understand if you might have made a mistake entering the imput in to the program. Also some people have had trouble moving the program to a different computer platform. You can use it directly from the link though.
Not always,
Toofuzzy
Take the road less traveled. It will make all the difference.
