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aim hier

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aim hier

Re: AIMster post# 561

Friday, 07/08/2005 11:12:51 PM

Friday, July 08, 2005 11:12:51 PM

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Nice to see this board active once again. Risk management is essential. Lichello had an interesting idea on how to limit throwing bad money after good. He recommended that you buy a stock only once. When you get another buy order, you buy another stock. This not only creates more diversification and thus lower risks, but also simplifies tax recordkeeping as each stock has only one cost lot.


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