AIM RE-bal

[AIMster]

Is/has anyone ever used VectorVest?

I tried it for a while a couple of years ago. Basically I found it to be a good way to make yourself incredibly rich backtesting old data - you can create a nearly unlimited combination of parameters to screen through their database and it's easy to 'cherry pick' a formula or two which performs fantastically creating what-if scenarios. Unfortunately my time machine isn't working so I can go back into the past and take advantage. Drat. <grin>.

Bottom line is there's a couple of quotes that go along the lines of "if someone really found a way to beat the market would they make it available or keep it to themselves?" and "people who sell systems don't actually use the system, but make their money selling the subscriptions and belief that the system will in fact let people beat the market."

I'm not saying VectorVest doesn't work. Perhaps it does. But I think it cheaper to select stocks or ETF's on my own and supplement them with AIM than to be locked into a proprietary subscription model of stock selection where I have to pony up several hundred dollars a year for a service that may be little better than what I can get on my own from the Yahoo screener for free.

Caveat Emptor

Best,

AIMster