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The Grabber

06/18/05 8:57 AM

#16200 RE: Neil Scott #16199

Hi Neil.

What we have is a great opportunity to be a volatility harvester taking high risk stocks and lessening the risk by diversification and LD-AIM.

Well stated! It is really amazing how use of LD-AIM alone reduces $$ at risk without giving up most of the reward side of the equation.

In addition, the approach also allows for greater diversification of those saved $$, further reducing one's overall risk envelope. And, what I really like is that this greater diversification can be had without sacrificing the volatility component that is so important to AIM.
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lifo

06/18/05 12:36 PM

#16202 RE: Neil Scott #16199

Hi Neil,

I must admit I almost like looking for the most horrendous looking stock charts of small 20c mining stocks that move up to a $1 then down to 10c and back to 50c all because I know I have defined my risk beforehand.

It can work!

I don't AIM ETF's or mutual funds (I have 2 mf's left, and I am waiting for their 'day in the sun', so I could blow them out).

It's ironic, but my deepest diver stock, GAC.TO, which dropped 89% from my initial buy price, is now my biggest all-time AIM money maker, in actual dollar terms. Everyone has their own experience AIMing, and the experience I have had, has somehow left me with a sense that I am more comfortable AIMing individual stocks than mutual funds.

I have several mining stocks, but only one penny mining stock, which I posted recently, and this account is showing a small profit, even though the stock is down 54% from my intial buy price.

Regards,
Jack


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OldAIMGuy

06/18/05 1:11 PM

#16208 RE: Neil Scott #16199

Hi Neil, Re: stocks or funds.......

I invest in both.

However, the funds are Exchange Traded Sector Funds.

Best regards, Tom