A.I.M. Users Bulletin Board

[old_john]

Lichello had a PLAN.

I had been using a full-service broker who I relied upon to provide buying opportunities. He had a brilliant economic mind and was very well educated. But in terms of selling at a profit or buying more when a stock was down - he was either clueless or perhaps, somewhat deceptive.

I had read many "investing" books prior to discovering AIM. This was the only book that provided a specific, unemotional roadmap. I should correct myself as there was another titled "The Money Spinner". Similar to AIM.

The initial drawback for me was the wide "holding zone". In retrospect, this is in fact is an important feature.

I put stock investing on the shelf when I bought a rental property after in 1987 crash. I did OK but would have done much better had I Aimed a portfolio of good quality stocks.

Today, I'm Aiming 10 stocks with a single cash reserve. I'm on my way...