A.I.M. Users Bulletin Board

[JSLyons]

Hello Bruce,

I see one or more of the others have already suggested ways to address your question -- the lack of cash on hand to fund a proper AIM program. I'm sure there'll be some other creative ideas soon.

I just want to note that the CASH component of AIM is crucial, so whatever dislocation or trouble you go through to allocate the cash will be worth it in the long run. In fact, when I describe AIM to interested office colleagues or others, I always begin with the importance of CASH as an integral component of the portfolio. It's what sets the AIMer apart from the herd, which is either exclusively in equities or even margined, ie 'negative' cash. By contrast, I'm around 39 pct cash, and only that "low" because I've had two stocks head for the deep on me in recent weeks, eating up their cash reserves.

Last time I checked, Tom's Idiot Wave recommended cash reserves in the mid- to upper-40s.

Good luck with your new AIM programme and welcome to the board.

Jonathan