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Sarmad

03/03/02 3:34 PM

#1266 RE: Conrad #1251

Hi Conrad,

-- How to make a Little Money and sometimes lose it

Well, that would be much more accurate.

I am just curious. Of all the AIM accounts actually started and funded in the past 5 years and kept going until now, how are their results ? I am not interested in back tests. Just actual results. My own non-AIM results have been a disappointing loss. I wonder how other people have fared ?

Of course now that I am older and possibly wiser, I am investing more carefully, and quicker to take my gain. So maybe I can report better results in a year or two.

As a specific example, I am trying to grow an account for my children's education that will experience its first witdrawals in 2006, and need to pay expenses for 3 kids over 10 years. I am estimating that I can get investment gains at the rate of 10% of the money at risk from now until 2015. We started this last June at $50k. And my wife manages it. She being the more conservative of us two. So far it is going as planned. In fact it already has the 10% gain expected for this this year. But it is 95% invested at the moment (ALtera, LSI and Intel), and I want to reduce the level of risk. But the market seems very low to me and I think share prices are going to increase by 10% or 20% very rapidly. Like within a week or two. To NASDAQ 2000 or higher.

If this increase in prices occurs, my plan is to sell shares equal to to the daily increase in the account value, and not buy back unless prices really drop.

I know my posts are not specificly about AIM, but more about investment goals, and an approach to achieving them.

Sarmad