HI Lou
I am glad you were able to find the calculator and the site worked. I suggest downloading to your computer by cutting and pasting to an e mail. Then open the email and copy it to a file. I have found that worked. Then if the site is down you will have it.
Do the calculations on paper for awhile. It will help you understand what is going on. Check your results with the calculator. Because of my understanding I have caught that I entered a wrong number in the calculator.
1) you want to start an account with a minimum of $10,000 in Stock or $20,000 total. So yeah start with one or two accounts in IRA. $8,000 in cash in each account should be close enough. Again deside on what your want to own the rest of your life and the others wI'll need to be owned in taxable accounts.
2) Yes separate Aim programs for each security.
3) Read my last post. If you have enough money you could own a few of the sector funds instead of an S+P 500 fund and then own a small cap fund, and whatever else you want to own. The individual sectors will give you more volatility which Aim likes.
4)It takes a 15% move to get your first buy or sell. I know that I would be happy with a 15% gain in a year! Trades in the same direction will take a 5% move.
5)it can be a year or more and then get two trades a gap and another trade in a few months till the security reverses and you have to wait for a 30% swing. You will NOT have ANY trades at first.
6)Yes it takes a full business cycle to really see what is going on. Because of the cash and selling you make less on the way up but lose less on the way down.But it give you the dicipline to do what needs to be done.
Toofuzzy
Take the road less traveled. It will make all the difference.
