A.I.M. Users Bulletin Board

[jersey al]

Hi Hook,

Seems to happen quite a bit ... spend the weekend making up a list of stocks to buy ... and then before you can fire up the computer ... the stocks all go up and into the hold zone instead of staying in the buy zone.

I dunno.

But having cash in your pocket and browsing around for some bargains to buy is a lot better than being worried sick because stock prices dropped.

There was one I got interested in, but I checked and it just went ex-dividend. Paid an 8% dividend.

I dunnooooo.

;^)

P.S. A few years ago, I called up one of the managers at a mutual fund to "complain" that one of the public finance sites had got some of his fund's info incorrectly. He sighed and said he would call them and get them to fix the data. Anyway, we got to chatting and he admitted that buying stocks is more like visiting a garage sale or boot sale or one of those multi-acre rummage sales. Cash is king. If you gots cash, you can hunt for bargains.

The only stock guru who comes close to what AIM does is ... [drum roll, please] ... Warren Buffett. He loves having beaucoup cash in his pocket so he can dip there and dip there, buy a little here and buy a little there, just looking for the right morsel to snap up.


- Al