Replies to post #42301 on A.I.M. Users Bulletin Board (AIMUSERS)

[hrfanmike]

Thanks SF.

I'm not sure what assumptions you were using in guessing my shares, but it was probably based on a reasonable assumption of a 50/50 equity/cash split at $10k. The $10k is correct, but I came in at a higher percentage of stock than cash based on the V-Wave (assuming I used it correctly!). I have 109 shares of IEMG at a cost basis of $49.98. It and SCV have been my big winners so far.

I think that I may have come across the calculator that you referenced at some point in my travels. What is new to me is the concept of trading at a certain percentage of portfolio. Everything that I have ever seen/read has been based on trading based on SAFE, but bumping the minimum to a reasonable level to avoid tiny trades and minimize transaction costs. To me, it makes more sense to have a higher SAFE and minimum trade on the buy side so that you don't run out of cash when things are heading south.

I can't thank you enough for your willingness to share your knowledge and experience about AIM.