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Hi Tom
You were discussing this group's measured approach during the Covid 19 peak...
Give it a few minutes and re-read the posts from that period and congratulate yourselves on a job well done..
As you know, I've been catching up out here this last week, and of course I've read every post starting in 2019 until this one.
Allen (SF Security) made the first mention of what became Covid-19 on 1/24/20!
...the longest bull market in American history has me wary about all the problems, Presidential impeachment, fire in Australia, new virus that seems to be spreading from China and that almost a billion hogs put to death to prevent the further spreading of an African virus that started only about 18 months ago.
My concern is that another big issue happening might trigger a very big down turn in the economy and the stock market.
Post 44103
This was well before the first reported fatality in Seattle, and even before the earlier attributable deaths in Santa Clara County, CA that occurred in early February but were not reported until this article in April.
https://www.cidrap.umn.edu/news-perspective/2020/04/coroner-first-us-covid-19-death-occurred-early-february
It was fascinating to retroactively read all of them.
This group has always had Class and deserves to be congratulated for a job well done during Covid.
No thanks.
Sounds like a Hacker's Playground.
Also, one router will only handle so many devices.
The mesh part improves the signal strength away from the router.
Did he demonstrate how COLD his well water was?
With apologies for taking almost a year to reply.
Toof replied to jaiml....
With LD AIM
5% SAFE
10% MIN ORDER SIZE
Increase BUY SAFE by 5% with each buy. Reset to 5% at next SELL.
Saves cash.
jaiml's response...
[i[Thanks @Toofuzzy. Good point. It also depends on what one does with the cash saved over classic AIM, no? If however one is using LD-AIM to leverage their program, then it becomes a question of how many 'buys' they wish to make before stopping.
My 2 cents...
Correct jaiml.
If you use the LD-AIM spreadsheet to set up your program, you decide how many consecutive Sells and Buys. Ranging from 1 to 10. They do not have to be the same.
You can control the % of Cash on a new program this way. Should comport nicely with whatever vWave pick you make.
The $ Saved vs Classic AIM are the additional $ you did not have to spend. In other words it represents the initial value of your Virtual shares if you use the 'Diversify' outputs, These $ are not a part of your LD-AIM program and can be used for whatever else you want. Otherwise, use the 'Leverage' outputs will which amplify your LD-AIM program up to your Total $ available which is the first input you provide.
Bottom line to all this is that the LD-AIM spreadsheet is basically a What-If exercise.
Re: The Haiku Board...
Thanks Tom
I'm as far as July last year on my catch up effort.
So I thought it was appropriate for me to post this there.
I've been away
For a really long long time
I have returned
I've been away
For a really long long time
I have returned
Hi Clive. It's been awhile.
Still catching up and ran across one of your posts from last year...
With recent good stock gains, now might also be a appropriate time to consider taking some off the table. Buffett for instance who typically AIM's with 10% cash reserves, is more recently aligned to more like 30% reserves..
Buffett uses AIM?
That's good company to keep!
28,800, 36,600, or 48,000 baud???
POSH!
I just ran a speedtest from my phone, standing near the router,.and got 488.7Mbps Down & 200.6 Mbps Up, latency 6 ms.
I think that's equivalent to 689.3 million baud rate.
We've got Frontier Fiber Gigabit service.
All of our TV's are streaming, having cut the cord over 4 years ago.
Our main TV is directly under the router so no issues with that.
One in the bedroom also no issues.
My HP Desktop PC running Windows 10+ is in my office, (connected wirelessly). So through 2 walls, service drops to 71.3 Mbps Down & 50.9 Mbps Up, latency 4 ms. Still fast enough for just about anything I throw at it.
Baud Rate is such 90's term!
My 1st modem was a 56 baud rate Hayes if memory serves.
Of course if either of the kids picked up a phone it would disconnect.
I've looked at range extenders but the future seems to be mesh routers and they're still a little 'Spendy' for me.
Panama? Go figure. Keith is such a 'Good ol Arkansas Boy', I wouldn't have expected him to be spending time internationally.
Don't know if you ever visited his spread near Jonesboro, but if I had it, I'd have a hard time leaving.
Ha!
I'm back too (albeit 18 months later than you).
The Game's Afoot!
Only 861 to go.
Oh my! 22 years ago!
That pic brings back so many memories.
'socal' was the life of the party.
Hey Jake.
Thanks. LD-AIM is valuable in my mind.
Come December, it will be 20 years since I finalized the concept and built the LD-AIM setup spreadsheet.
Personally, I've been using it ever since and am happy with how it has been turning out.
It is a little frustrating at times to to see it incorrectly described or really misunderstood.
But that's for another day.
With regards to the Younglings:
Not sure how small their available capital is.
But with zero commissions AIM can be profitable at pretty much any level.
As for fractional shares, that shouldn't be an issue at all.
At it's core, as designed by Lichello, AIM provides all of it's direction in $. So stock price really just ends up being a divisor when you place your Buy or Sell order.
The LD-AIM worksheet will allow for this if you just enter $1.00 as your price per share.
Even $500 works! But we're talking very small $. But 30% Gain if the 1st 5 transactions are Sells.
Let me know if this helps!
Good Morning Toof.
Responding to my question regarding what you meant with 'amplified', you said:
As you know with LD AIM you pretend you have more shares than you really do and your min trade size is 10% rather than 5% so your trade sizes are bigger than with standard AIM owning the same # of shares
OK. fair enough, but min trade size is an input and is % of PC in calculations.
A 2:1 relative min trade size does not come into play at all in any LD-AIM Calcs versus Classic AIM.
Apparently some myths have evolved regarding LD-AIM.
I'm thinking about prepping and posting some info on LD-AIM to dispel them and hopefully clarify. I might need to do a little more clarification in the actual worksheet as well.
I wouldn't want to be the genesis of more myths.
Hey Toof.
From your post in 2021.
I had a big sale in STKL. It is a LD AIM account so the trades are amplified.
'Amplified how'?
Do you mean that the returns and ROCAR are greater versus your Actual Capital at risk?
Well Tom.
I'm still 18 months away from being able to make that particular observation.
Oops!
I'm an Old Fart, but you're an Older Fart!
But only by a year and a half.
Loved it!
Hi Tom:
And Happy Birthday!
It's your 72nd if I'm not mistaken.
If so, does the Rule of 72 somehow come into Play?
If not, Mea Maxima Culpa!
As for my boss thinking I was a 'Day Trader', I didn't disagree, but decided to think of it as trading on the days that AIM directs me to do.
RE: Black Monday
Good Morning Tom.
I recall you previously sharing your story about your 1987 experience and your epiphany regarding AIM.
By adding the Wikipedia article to it on the 33rd anniversary of Black Monday sure does put your story in perspective. The 20 minute ticker delay for most people probably amplified the 'panic' by at least an order magnitude.
If memory serves, I happened to call out sick that day (a rare occurrence for me).
I watched Stuart Varney report on it as he was with CNBC at the time.
Crazy day.
That's a great anecdote Tom!
Thanks for sharing.
I was at lunch with my boss about 15 years ago and we got to discussing investing. I gave him a brief explanation of AIM in general as my favored approach. He really couldn't relate.
In the ensuing years, he referred to me as a 'Day Trader'!
Good guy. Fellow 'Sconnie' (grew up in Neenah). He retired about a year before me.
Had a really nice home built on the Lake Winnebago shore in the Oshkosh area.
Me too Jon!
From your post of 7/21/20...
Sales department arrived before the crack of dawn and went to work selling 10% of SLV. And for all those concerned, they were wearing masks.
My Sell on 7/21 was for 5% of my shares @ $19.14
As you alluded, Sells of SLV during that time were surely pandemic related.
I started an LD-AIM program on SLV in April, 2013.
Until the pandemic arrived It was a very nice back and forth favoring the Buy side 26 times and Selling 14.
Then...
Between May and August of 2020 I had 7 consecutive Sells.
Following then until now, only 4 Sells vs 6 Buys.
This program is a great example of how if you run LD- AIM vs AIM BtB, you likely will never sell any of your original position, Actual or Virtual. Especially on an ETF like SLV.
I was one of the folks from DFW who saw this post in LinkedIn!
Value Line
Tom & Jack:
Pre-Internet and Personal computing (early-80's), I was part of an investment club with some work associates.
We always did our research in Value Line at our local library.
Sometimes we would take photocopies of the few pages for companies we wanted to consider. 5 cents per page!
I was only in that group for a year but had to leave due to a corporate move from MN to TX in 1984.
BTW and Off-Topic:
In the following year, I discovered AIM middle of the night when I couldn't sleep.
So turned on the TV and ran across Robert Lichello's infomercial.
I remember being very impressed, but was not going to spend the $300 for the 3 ring binder with 163 pages. I had no idea he had written his much less expensive book 8 years prior!
As it happens, around the same time, my (since deceased) father-in-law caught the same informercial and bought it! On his next visit he handed the binder to me and said this investment program sounds too good to be true, but I can't find the 'fatal flaw'. So he asked me to but I wasn't able to.
I still have those 163 pages!
I guess the rest is history.
GM Tom and thanks.
Do you still remember how to spell AIM?
Cute Tom.
Personally I entered and filled nearly 30 orders on the Buy side of AIM this week.
I've only had around 40 AIM transactions YTD!
I did start 2 new LD-AIM Programs just this week on AMZN and DRLL.
Have a great weekend!
I guess The Grabber is Back!
Thanks for the welcome back Jon, Tom & Toof.
A lot has happened since 2019 the last time I was even barely active on the board:
- I retired in January of 2019, ending my 47 year career in the Retail industry, 42 of which were in corporate roles (Merchandising, Merchandise Planning, Allocation and Control and Logistics) for 5 different companies, 10+ years for 4 of them.
My last employer did call me back for all of September, 2020 to help them recover from shutting down over 4,000 stores due to Covid.
- My beautiful wife Nancy was 'retired' in April of 2020 due to Covid. She was close anyway, but we needed to adjust quickly (Medicare, Social Security, etc).
- We now have 3 grandkids, 9, 6 and 2 years old. We didn't get to meet our newest until he was 8 weeks old (they live in Denver). Had to drive 11 hours straight through from Dallas and not come into contact with anyone en route. Their 1st child and Dr. really had them scared.
- Neither of us contracted Covid or any variant. But both of our kids, their spouses and 2 of the grandkids did. Of course all 6 of the adults were vaxxed and boosted (as were we) well beforehand. Our daughter and son-in-law each got it twice (later variants). Everyone is fine now but we're pretty tired of this after 2 1/2 years.
- We downsized last year to a smaller, single story home and are loving it. Lots of Projects done since then but they are tailing off finally. Google Map 25 Victoria Drive in Rowlett, TX. Our new house is directly across the street from the homes on the lakefront (Lake Ray Hubbard). Great, quiet neighborhood too.
- Believe it or not but it took awhile last year to sell the home we had for 32 years. Not to mention editing at least as many years of clutter. (Edit, Then Edit some more, then make another run to Goodwill, Salvation Army or Habitat.....).
So If you're ever down this way, please reach out so we can get together. Probably not going to have another 'Gathering' like the 2 we had over 20 years ago (But would love it if we did).,
Anyway, It's good to be back, and I'll try really hard to stay engaged with y'all. I'm about 500 into the 2000 posts before I catch up.
Great Read!
'The Wizardry of Tom Veale'
Love it!
Must have been some great snowball fights beforehand!
Here I am!
But I'm almost 3 years late and a lot of $ short!
Hey Toof.
Why is it that a security will reverse just under where AIM wants me to have a sale?
That has happened to me so many times! But it does seem that as often as not the price momentum runs into the next day, or after hours.
My GTC limit orders are always in effect in pre- and post market sessions.
Hi Tom!
It's been so long since I read your archived bit on LD-AIM, I had to reread it!
Anyway, you correctly wrote that 'The downside is that one can sell out of a holding that has begun a very long and profitable price appreciation'.
I just want to clarify that since I have been running LD-AIM, very few holdings have 'Sold Out'.
Only 1 (HOME) did not have intervening Buys.
1st Program bought @ $5.00, Sold @ $5.82, $6.42, $7.07, $7.84, and $8.56. It only took 3 Weeks!! 40% Profit of $1,996.
3 months later, the price dropped to $5.46, so I started a 2nd LD-AIM program on it. 18 months, 9 Buys and 18 Sells later, it sold out of actual shares for a profit of 62%, $14,016.
3rd Program lasted 6 months before the company went private. +25%, $18,67.
Most programs ended due to Acquisition (eg: SNDK, YHOO, CREE, etc)
And a few due to bankruptcy early on (Hopefully I pick them better now).
Hi Tom!
It's been so long since I read your archived bit on LD-AIM, I had to reread it!
Anyway, you correctly wrote that 'The downside is that one can sell out of a holding that has begun a very long and profitable price appreciation'.
I just want to clarify that since I have been running LD-AIM, very few holdings have 'Sold Out'.
Only 1 (HOME) did not have intervening Buys.
1st Program bought @ $5.00, Sold @ $5.82, $6.42, $7.07, $7.84, and $8.56. It only took 3 Weeks!! 40% Profit of $1,996.
3 months later, the price dropped to $5.46, so I started a 2nd LD-AIM program on it. 18 months, 9 Buys and 18 Sells later, it sold out of actual shares for a profit of 62%, $14,016.
3rd Program lasted 6 months before the company went private. +25%, $18,67.
Most programs ended due to Acquisition (eg: SNDK, YHOO, CREE, etc)
And a few due to bankruptcy early on (Hopefully I pick them better now).
Hi Gang!
I've not posted in a while (understatement), but I have a question:
What do do with my AABA holding (originally YHOO)?
AABA is about to provide a $51.50 per share cash distribution but it will only be a portion of the eventual dissolution of Altaba.
Additionally, The stock will stop trading after that.
Any and all advice welcome.
Thanks in advance
Thanks Ken.
Those were days that tested our generation!
I remember when my parents paid off their 4% mortgage that started in 1945 when they bought their house; the year they got married.
It was a 20 year mortgage as they were back then, and the purchase price for our house was either $4,300 or $5,300, I don't recall specifically.
Hi Jon.
Thanks.
I'll try my best to keep more current than I had been.
Glad to see the gang is all still here (mostly).
Ours was a 30 year fixed, non-assumable.
Everything's changed since then.
Currently (different house) we're at 3.75 fixed, assumable.
Even though the principal on this house is more than twice the first one, the principal and interest is less than what it was back then on the first house.
BTW: We refinanced that first house down to around 10% after 3 years in 1987.
2 years later we bought the house we're in now, kept the first one to rent out and wrote off that high interest as an expense.
Did that for 5 years, then sold it as the market came back for 25% more than we paid originally.
The 'ghost' as you say may want to haunt the next AIM Meeting!
Or hasn't one been scheduled yet?
"In the '80s, both inflation and interest rates were very high"
Tell me!
Our fixed 30 yr mortgage interest rate in 1984 when we moved to Dallas was 15.25% (That is not a typo).
Easy to build in Excel Toof.
Depending on the current price, AXAS has been in my top 3 holdings based on value held.
It's pretty bouncy!