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Re: investor5001 post# 28604

Friday, 10/17/2008 11:17:07 AM

Friday, October 17, 2008 11:17:07 AM

Post# of 48346
Hi Investor5001

To add to Tom's post:


1) If the min amount of stock is $10,000 then a min trades size (5%) is $500. Your profit on the first sale is only $75. Then add the cash reserve you want to start with (20% to 50%). This past spring I would have used 50%, at the present time 20% is probably enough. So at the present time you could start with $12,000 / account or fund.

2)Yes the Vwave is "advising" to go on 35% margin. Just because someone says to jump off a bridge that doesn't mean you have to listen >>>grin<< So I would use the V-wave to let you know that you can start with less than 50% cash at the present time, then let AIM tell you how much cash to hold in each account.

What was that line from the "Pirates of the Caribbean " About the pirates code....
"They are really only guidelines"

3) As Tom wrote depending on your assets and how quickly you can add more you can either diversify immediately into a few funds or you could buy one of the funds and add a new one every year or so as you have more savings to invest. I-shares has a good compliment of funds that cover MOST asset classes.

Toofuzzy

Take the road less traveled. It will make all the difference.

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