A.I.M. For Exchange Traded Funds

[Toofuzzy]

Switching AIM investments:

I have three AIM acounts. They WERE two mutual funds and one stock.

I had decided to switch one mutual fund over to SPY and the other over to QQQ. I am doing this by selling the funds when they go up and buying either SPY or QQQ when they go down.

I have now realized that SPY and QQQ have more overlap of holdings than I want (spy has probally 80%+ of the market cap of the QQQ in it but is less volitile)

SOOOOOOOOOOOOOOOOOOO.....

I am thinking of selling off all THREE accounts (one fund + SPY,one fund + QQQ , and the stock) while their prices are down and taking whatever losses and/or reducing my gains and then buying 10 ETF's and setting each up as a seperate AIM account.

This is how I THINK I should account for it with AIM.

1)Total up all the PORTFOLIO CONTROLS and then divide by 10.
2)Take the TOTAL sales amount and divide by 10.Put that amount in to each ETF.
3)Take my TOTAL present cash and divide by 10. Give each ETF AIM account that much cash to start with.

In other words EACH or the ten ETF AIM accounts will start out with 10% of the total PC, cash, and present stock value.

Does the above seem like a rational way to make the switch?

Toofuzzy

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