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The Grabber

02/12/02 4:25 AM

#310 RE: lostcowboy #309

Well IMHO, I think a minimum of 10k in the stock(s) and anywhere from 1250 (20%) to 5000 (33%) for cash reserve as a starting point. In this way, a minimum trade of $500 isn't so painful at $10-15 commission. This has been my experience FWIW. Getting there may take TwinVest.

Remember RL says in the book that you can have as many and any stocks and/or funds in your 'AIM Program' AIM doesn't care. Just do your checkup in consistent intervals, and buy (sell) when AIM tells you to; and to the extent that it tells you to ($ amount). The subsequent trades can be on any of your holdings; or on a new one if you so desire. As I re-read the latest edition, this allows us a lot of leeway without giving up the discipline of AIM.

Any non-AIM trades or swaps can occur at any time in between as long as they are for the same (near the same) $ value. None of these would effect Portfolio Control either. I like being able to swap what's left of a Deep Diver for a new diamond in the rough. Less guilt associated with this as well.

Seems to me under these circumstances, that we can have our cake (opportunistic ST buys and sells, or realignments), and eat it too (long term, AIM directed profits with reduced risk).

Again; JMHO

Regards, Steve