A.I.M. Users Bulletin Board

[SFSecurity]

Toofuzzy and Five year Plans...

Well, the now ex-Soviet Union didn't do all that bad with them in some sectors but in others they sucked big time.

When you say:

Aiming is an average system. But average is good enough and better than chasing the best system that worked yesterday but may not work tomorrow.

my response is that even Lichello changed his game strategy as the market changed. Not quickly, true, but he kept looking and trying to see if he could improve on perfection and to fit investors that had other needs than his own. Syncro/Twinvest for those just getting started, AIM-High (which he changed a bit over the years) because By the Book (BTB) AIM was hording too much cash, and Retirement AIM for us slightly older folk.

But his changes were not only in how the system worked but also were what the selected vehicle would be best for various people as well as reflecting the changes from banks to money market funds for our cash. Now we've moved on to ETFs both for investments and for holding our cash but some of us still put our toes directly into equities even though there be sharks who love to gobble exposed toes.

AIM, in its various garbs, does very well, indeed, but, like any smart mariner who always has a lookout atop the mast studying the waters ahead for shoals or other risks, we need to pay attention to the world around us.

BTW, I love Lichello's comment on page 247 of 10th printing of the third edition, 1992, "The world has enough rich people, what it needs is fewer poor people."

Warmest Regards,

Allen