Replies to post #8873 on A.I.M. Users Bulletin Board (AIMUSERS)

[aptus]

Hi Rien,

"Have you (or anyone here) made this kind of return with AIM? I.e. >= 12% over a time frame of 10+ years."

I haven't been a long-term AIMer (only about 3 years) and I don't use AIM By the Book -- I use a modified version of AIM. So I can't comment on real world actual long-term results.

However I've averaged significantly more than 12% per year over the past 3 years (although much of that has come in the past year, but then that's the reward for buying all those relatively cheap shares when the prices were down).

On the other hand, I've run so many backtests in AIM that I'm quite confident of AIM's long-term probable results. If I didn't think AIM would be able to return significantly more than 12% per year, I'd simply invest in a good small-cap index fund.

"I would very much like to have the board's consensus on this."

Yes, this would be interesting to see. There are a number of people who have been investing with AIM far longer than I have, and I too would be interested in seeing their real world results.

"(Though I must also add that my LD-AIM silver stocks have probably made about 25-30% in the last two months)."

Congratulations! So you are somewhat diversified after all ;-)

[ljk]

Rien: I meant to respond to your earlier post about silver today. Do you have any idea why it has been moving?

I have a good friend, to be 97 next month, who was stuck with a lot of silver and unfortunately had it held with a company that has really been gauging on fees. We sold a bunch of it over a year ago and they buy it from you, taking the spread -- basically they make the market: set her sell price and their buy price. Well, they also charge monthly storage fees, so this very long term investment was a big loser for her. She had me send a letter recently authorizing a sell for $5 US or better and they sold the rest of her position, finally, but of course now it's soaring. We've been watching it for several years and she had set $5 as a price she'd accept, so that's what she got.

All: I have a question on another matter. On ACG, I think it was posted that the ex div date is the 31st, so I always get mixed up about that. If you sell on the 31st but had it for part of the day, do you get the dividend, or do you have to sell on the next day to keep the dividend?

Linda

[bernieg]

Hi Rien,
Started AIMing with just one stock in the fall of '94. I keep track of all my investing transactions with MS Money. According to Money I have been averaging just about 15% annually from when I started, to the present.
I did start AIMing my first investment about 3 months after I initiated my investing career.
Bernie