There is a time to sow and a time to reap, try to force either activity out of season is doomed to failure. Wait for the market to come to you whether you want to buy or sell. Kind of the AIM philosophy, isn't it?
Quite. I think several things conspire against us to thwart most people from taking full advantage. First is the pace of our modern culture where we need everything now! Patience is a lost art. "Road rage" is another manifestation of this.
Second and symptomatically related is the near constant din from Wall Street, where there are the hundreds, if not thousands of "investment gurus" who purport with their newsletters and subscription products that they'll give you listings of stocks which are ready to "explode upward" in value, with some reaching quadruple-digit gains in a matter of months. You'd be a fool not to subscribe today! Even more insidious than these are those who proffer even more heftier percentages - but with less risk, they claim, using options. The first question to ask oneself is if these guys and a few gals are so good, why don't they just trade for themselves. One has to wonder how much money they make trading by their formulae versus selling subscriptions!
In the thousands are the internet zombie bots that hurl voluminous spam emails touting the advantage of this or that barely-listed penny stock. How much internet bandwidth is being wasted on nonsense such as this one can only imagine. Then there are the various chat rooms and boards where wearing an asbestos suit and carrying a humungous grain of salt is the only way to block the siren-songs of instant investment nirvana, so called, where P.T. Barnum reigns supreme!
Nevermind the talking heads of CNBC and the slick infomercials, they are another form of parasite unto themselves.
Did I cover the lot? Most of them, I think.
One can only be drawn by the concluding pages of Lichello's 4th edition when he's found AIM-HI to produce a genuinely spiritual, transformative experience, freeing himself, and those of us followers of his Tao from all the distractions and mental confusion. It does require patience and clarity of thought to walk this Path, but in the end, the Journey is worth it.
Best,
AIMster
AI
