Monday, June 27, 2016 5:30:49 PM
Hi again Allen
The one that really counts is the minimum $20k position size as you have pointed out several times. ... I have an ... IRA that is only around $25k and have not figured out how to handle that. Putting it all into one position scares the s#$% out of me,
Good point!
That is exactly why I created LD-AIM.
During the 2001-2002 downturn, I had 4 Classic AIM programs that were underwater and going nowhere.
I sold a portion of Actual shares of those and converted those into Virtual. I think I liquidated one entirely.
I parlayed the various proceeds into about 22 LD-AIM programs during the recovery of 2003 ending with a 77% increase, easily beating the major market indices.
In my opinion, you could convert your 3 positions into maybe 6-8 LD-AIM programs.
As for AIMing ETFs?
I would do some zig zag analysis on them and work with a much tighter range of settings.
I do this with my Silver ETF (SLV). Essentially trading 5%-15% of the program shares (Act+Virt), no Safe.
Since April of 2013 when I started it, I have had 17 Buys and 8 Sells. I currently own more than 5x my initial actual # shares purchased.
If I liquidated at today's close I would only realize a total return of 5%. But today's closing price is 23% lower than my initial buy. And I do not expect SLV will ever go to Zero.
LD-AIM just like Classic AIM will accumulate shares over time and reduce your cost per share. The difference between the 2 approaches in my opinion is that you don't have too many $ tied up in an initial position that you are likely never going to sell (look at Lichello's original example).
The one that really counts is the minimum $20k position size as you have pointed out several times. ... I have an ... IRA that is only around $25k and have not figured out how to handle that. Putting it all into one position scares the s#$% out of me,
Good point!
That is exactly why I created LD-AIM.
During the 2001-2002 downturn, I had 4 Classic AIM programs that were underwater and going nowhere.
I sold a portion of Actual shares of those and converted those into Virtual. I think I liquidated one entirely.
I parlayed the various proceeds into about 22 LD-AIM programs during the recovery of 2003 ending with a 77% increase, easily beating the major market indices.
In my opinion, you could convert your 3 positions into maybe 6-8 LD-AIM programs.
As for AIMing ETFs?
I would do some zig zag analysis on them and work with a much tighter range of settings.
I do this with my Silver ETF (SLV). Essentially trading 5%-15% of the program shares (Act+Virt), no Safe.
Since April of 2013 when I started it, I have had 17 Buys and 8 Sells. I currently own more than 5x my initial actual # shares purchased.
If I liquidated at today's close I would only realize a total return of 5%. But today's closing price is 23% lower than my initial buy. And I do not expect SLV will ever go to Zero.
LD-AIM just like Classic AIM will accumulate shares over time and reduce your cost per share. The difference between the 2 approaches in my opinion is that you don't have too many $ tied up in an initial position that you are likely never going to sell (look at Lichello's original example).
Best Regards, Steve (The Grabber)
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