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Re: TheFrugalOne post# 37817

Thursday, 06/26/2014 10:51:45 AM

Thursday, June 26, 2014 10:51:45 AM

Post# of 47147
Hi Frugal..

When I started AIMING precious metals mutual funds years ago, I ran into the same problem especially with the volatility in that sector. If the fund was near a buy or sell point toward the end of the day, I would monitor the XAU and HUI to get a general idea of the percentage that index was up or down. I would use that percentage to determine my buy or sell order. So if the fund was at 40 from the previous day and the XAU and HUI were up 2.5% then I would add 2.5% to 40 (1.00) and use 41 as my selling price before the market closed that day. I didn't always hit it right on the money but it's often very close. AIM will adjust for the next buy or sell anyway. For VTSMX you might consider using the ETF VTI.

Take care.
Jon

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