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In Hindsight!
I have a stock that I started AIMing in 5/15. To date my total return is about 12% and the stock today is back to where it began in 5/15. If I would have sold out near the high in early August, my total return would have been approximately 40%. Would it be advisable to do something like in Synchrovest, and sell everything after a certain gain and then start over after a pull back or move on to another security?
Any thoughts or ideas would be appreciated.
Regards,
Ray
Hi Allen,
Z-score is for individual companies only. Not etfs or financial institutions.
Regards,
Ray
Hi TooFuzzy
Google Altman Z score for the definition. The Higher the number, the less likely the company is to go bankrupt. I get my numbers from a paid site that provides stocks to sell covered calls on.
Like I mentioned before, I have had two stocks go belly up on me, but that was pre internet and knowing about numbers like the Z score. Google, Z score SLW or any ... stock.
AltZ > 3.0 Bankruptcy not likely
1.8 < AltZ < 3.0 Bankruptcy possible
AltZ < 1.8 Bankruptcy likely
My preferred choice to AIM, like yourself are ETFs, but sometimes there are some stocks that are just worth the risk.
Regards,
Ray
Hi Toofuzzy,
I have owned SLW for quite a while. It has a z-score of 6.16. I have owned it pre - AIM. It was hard to follow it down, but the reward has been great!
Regards,
Ray
Hi Allen,
Maybe try Yahoo Canada. Apparently they are still using the previous format.
ca.finance.yahoo.com
Regards,
Ray
Hi Allen,
Try to find a security that follows that. Something leveraged might, but there is risk with that if you don't buy at the right time.
Regards,
Ray
Hi Toofuzzy.
I do agree with you, but we are in a time where there is so much information available that we just can't ignore it.
I have been investing for over 40 years. In that time I have had two securities go bankrupt. I still have the paper certificate to prove it. Every time I look at the certificates, I wonder why I bought into those companies. Back then you had to walk in to a brokerage office to place your order and then you didn't know what the heck was going on until you received confirmation in the mail.
For me personally, I do prefer etfs, but I do hold 2/3 of my current portfolio in common stocks. They all pass the Z-score.
Regards,
Ray
Bankruptcy!
It seems that AIM craves high beta stocks or leveraged etfs to be successful.
Does anyone use any predictor for bankruptcy such as the Altman Z-score for securities? Any opinions?
Regards,
Ray
Hi Firebird400,
That is a impressive return. Congratulations !
Are you using AIM?
Regards,
Ray
Hi Allen
I hope you don't mind that I chime in on the conversation.
I have struggled with the security selection as well. Mr. Lichello's example is hard to replicate.
With the amount of money you have mentioned, have you considered using AIM-Hi on two income or dividend etfs. Instead of doing a check up every month you might do it quarterly. Not that exciting, but you will generate income and have a buy or sell every once and while.
Regards,
Ray
OldAimGuy and Ocroft.
Thank you both for your input.
It looks like I just bought at the wrong time. XSU.to on Stockcharts or XSU:ca on Zacks. (5, 25,2015).
AIM is unique in the way it manages a security, but is dependent on when it is purchased and the securities volatility.
Regards,
Ray
Hi Allen
Thanks for your input. The market has been flat over the last year. Small caps are actually down year over year.
I like your Ford trade. The experts always say to avoid auto companies, but the price fluctuation is what AIM thrives on.
Take care,
Ray
Thanks Ocroft
I appreciate the MACD information. Where can I find monthly stock charts that I can change the macd settings?
Regards,
Ray
Hi Adam
I did buy at the market top. Lesson learned.
I think AIM is a great manager, but it is dependent on when you make your original purchase.
Ray
Hi Toofuzzy
I did have one buy.
I sold out of the fund at the end of April with a loss. Ironically, it was the funds latest peak. My other holdings help absorb the down fall.
I think AIM is a great manager, but only if you buy at the right time.
I have a few other funds that I have purchased using a contributors uptick rule. They are doing what I would expect AIM to do.
Ray
Hi Adam
It was a US small cap etf. The fund dropped 18% after I purchased it. It has since recovered, but is still down 11%.
Ray
Good AIM, bad shot.
My first year running my complete portfolio using Aim.
Total portfolio return .73%. Not very good, but I learned a lot.
I thought about paper trading, but without some skin in the game, losses mean nothing, winners mean even less.
My largest holding is a index fund. As soon as I purchased it, the price dropped like a rock. If I would have waited for a pull back before purchasing, things would have been different.
My biggest winner is up 10 percent total return. It is a high beta silver stock that I owned before discovering AIM. It has been good to me.
As I move forward, I will wait for the etfs and stocks on my watch list to pull back before I consider buying. Waiting is part of investing, so they say.
Thank you to all contributors to the site, you have helped make me a believer in Mr. Lichello's system.
EWC
Worth a look. Near 52 week low. Similar economy as US. Only down fall is the currency risk.
Country mentioned on CNBC this morning.
Test Drive !
I'm taking Automatic Investor for a 7 day test drive. Does anyone have any suggestions on securities and settings to check out?
Is anyone currently using the program? Any opinions?
Thanks,
Ray
Leveraged ETFs
Does anyone have any experience with leveraged etfs? They seem like the perfect candidate for AIM if purchased at the right time. I'm thinking SSO, MVV, or HQU.to here in Canada.
Thanks,
Ray
Hi jaiml,
I live just SW of Hamilton, Ont.
I'm new to AIM as well. I have spent the last few weeks reading posting dated back to 2002 trying to find a Canadian perspective on using AIM. I've come to realize, you can AIM just about anything from apples to zebras, as long as they keep coming and going.
Most of my investment capital is in a LIRA and RRSP, so I am trying to stick with etfs if possible. What I have found with most Canadian sector and style etfs, the volume is very low, some only trade a few hundred units a day. I know this probably won't make too much of a difference to AIM, but I don't want to be worried about the bid/ask price when I buy and sell. My plan is to buy select Canadian etfs, securities and US etfs. My capital will be kept in Canadian dollars and when necessary I will buy dollar etfs and journal back and forth. Hopefully I don't get caught up in a dollar down draft in the future.
I plan on sticking around this board, so if there are any Canadian specific ideas you would like to share, I will do the same.
Take care,
Ray
Any Canadians on board?
Ray
I agree the book is poorly edited. I thought the book was a primer for his website and business. His concept is unique and he does provide a list of stocks in his monthly news letter that AIM can run and you should make money.
I actually read his book before I even knew about Mr. Lichello's.
Take care,
Ray
ETFs
I've owned and sold covered calls on a few etfs over the years with success. Has anyone used AIM on XME, EWZ, XEG.to?
I know this etf is new, what are your thoughts on JETS? If anything it will be a interesting sector to watch with considerations to energy cost, consumer spending, infrastructure and new technologies.
Take care,
Ray
Re: CanRay post# 39481
Thanks Mature AIM guy.
I apologize for posting on the Q&A Board. I was on that board reading the postings when I came up with the question.
I do have a follow up question, but I need to gather my thoughts.
Take care,
Ray
Sector ETF question.
Are sector etfs long term holdings, or held through a cycle and then sold off. The way I'm thinking is that if you buy a fund and let AIM manage it through a cycle, then the price drops, you are buying back using the gains that you accumulated on the rise.
Where in a cycle is it best to buy into and exit a sector etf?
Thanks,
Ray
Sector ETF Question.
Are sector etfs long term holdings, or held through a cycle and then sold off. The way I'm thinking is that if you buy a fund and let AIM manage it through a cycle, then the price drops, you are buying back using the gains that you accumulated on the rise.
Where in a cycle is it best to buy into and exit a sector etf?
Thanks,
Ray
Has anyone read this book?
I Guarantee You Will Buy Low, Sell High and Make Money by Jeffrey Weber. Its about the authors twist on running AIM.
Any thoughts?
Thanks,
Ray
Thanks Tom,
Would you run a portfolio like this when you are in retirement?
Would each component run separately with its own cash?
What returns can be expected?
Any thoughts on Mr. lichello's Retirement AIM?
Take care,
Ray
New to AIM II.
First off I would like to thank everyone who have replied to my original post, “New to AIM”. I really appreciate your efforts.
If I'm reading everyone correctly, I should build a diversified portfolio of about 4 or 5 different asset classes with the equivalent amount of cash and allow AIM to manage.
As I indicated earlier, this system has evolved into something greater than what Mr. Lichello originally wrote. That's a good thing! I really enjoy reading everyone's take on how they run the system. Just like Mr. Lichello, we like to tinker.
Take care,
Ray
Simple system has evolved.
Thanks for the link.
I spent a couple of hours reading over some of the links. Its amazing how one mans idea has evolved. So many questions to be asked.
Thanks,
Ray
Something to look forward to.
Thanks Grabber.
Ray
Thanks for the advice and links. I appreciate it.
Ray
Thanks for the advice Toofuzzy, I appreciate it.
What do you consider a style etf? Can you give me an example?
Even though AIM is managing your investment after you purchase it, when is the best time for the original purchase? I'm thinking looking for etfs at their 52 week low, but they are hard to come by in this market.
Thanks,
Ray
New to AIM.
Hello AIM users. I am new to the system. I just finished reading Mr. Lichello's book. I wish I would have known about the book 10 years ago. Better late than never.
Is there any advice anyone can give to someone starting out?
Thank,
Ray