InvestorsHub Logo
Followers 13
Posts 2463
Boards Moderated 1
Alias Born 02/23/2002

Re: Sarmad post# 1213

Sunday, 03/03/2002 3:36:02 AM

Sunday, March 03, 2002 3:36:02 AM

Post# of 47144
Sarmad,

I think that you are a little too sceptical on the issue. First of all Lichello clearly stated that he never tried to make a millon with an AIM(but he may have done t selling the books and doing othe things). He clearly stated that the Aim was mechanism that could do it, if you had patience enough, and if a stock is bought that wipes out then that is the fault of the stock, not of the system. The same thing with the compound interest example that Mark presented...I think it was Mark anyway. If you try and then take out the money to buy a bigger house then in 40 years the compound interest method of saving will not get you that million or 2. If one saves the little money systematically then you can not buy the things you might want now.

Now the other THING. Stock Selection for AIMing is a completely separate thing to do. If you learn the technique of making money with options you hear about people who made millions with it.
About the lossers your hear a lot less, or nothng. There are no TV programs or cources that will focus on How to Lose A Million Dollars. If you want to learn how to pick good stock just read up on how Warren Buffet became so rich.

The most you can criticize Lichello for is that his book is stuffed with a long winded stories that could be told in half the number of pages..and the Title was simply to attract sales...Suppose the book was called: How to make a Little Money and sometimes lose it

Conrad


Conrad Winkelman
What is Vortex AIMing? Look for my Vortex Discussion Forum:
http://investorshub.advfn.com/boards/board.asp?board_id=1341

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.