Hi Mike, Re: Ford as an AIM investment...........
I think you've done a great thing in building out a diversified ETF portfolio and setting up AIM as its manager. Keep up that good work.
Ford has had an interesting history since around 2007. The price has been all over the place. However, in the last 12 months there hasn't been much of a price range to AIM (52 week Hi-Lo range = $13.27, $10.47). In the mean time it has paid a nice dividend of around 5%.
So, while it's nice to collect the distribution, it's not offered much in the way of trading for AIMers this last year. My friend's holding is set up to trade 10% of the position as minimum and he is using 10% Buy SAFE and zero on the sell side. That currently gives him a trade range from around $9.50 to around $13.50, I believe. So, those boundaries are still a bit beyond the current Hi/Lo range of the last year.
